RE: Fiat, Sorry For The Inconvenience
I always find it funny how banks fail to recognise the fact that for at least the last decade people have been moving away from a paper based environment to a digital one, an with the adoption of things like mobile banking, wireless banking, apple pay and others of that ilk, there is very little differences other than the regulatory means (which in no way benefits the little people)
I think when the mainstream population get introduced on scale to crypto it would be easily adopted, however given a large proportion of the population don't have bank accounts its difficult for them to buy currency especially in light of our discussion yesterday and the big exchanges and their KYC requirements. If those could be simplified so that people have easier access to cryptocurrencies you would see a much higher uptake and the banks would be left rubbing their heads wondering what happened.
Agree!