Cryptocurrency and conventional banking
Since the computer age began, software has disrupted many traditional industries in the past years. Many people are in the opinion that cryptocurrency will do to conventional banking what email did to the postal system. What is your take on this issue?
I think the banks will find a way to try and control. The governments are always going to want a cut as well. Thus why we are seeing the regulations in Korea. The banks will hold on as long as they can.
That's very true. Cryptocurrency has the potential to overthrow conventional currency but the banks will try to find a role to play in it should that happen.