Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector.
Good article on crypto, interesting to see such a high level banker saying so many good things about crypto and how it's going to change banking forever. I think he is right, and that the banks had better innovate soon...
Read the full story here...
http://bitcoinist.com/cryptocurrencies-make-banks-obsolete-says-malta-bankers-association-chairperson/
Many are saying this now that soon the banks won't be around any more. I am wondering why the banks are not fighting tooth and nail to stop crypto if that is the case...
They are, they send out jamie dimon from jp morgan to spread FUD every couple days. Also, a lot of big banks won't let you use their credit card to buy crypto, what's that about?? lol
Soon, we may not need credit cards, or banks
It can't come soon enough for me...
I agree with him. It's up to the banks to adapt to these new innovations in order to stay relevant. Most of them are not smelling the coffee instead they want to fight crypto and are misguided by their big brothers, the central banks.
Well said
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Nice