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RE: Blockchain and Distributed Ledger Technology are set to unlock over >$50trillion of Liquidity in the Global Financial System, with a re-invention of Capital Markets.

in #promo-steem6 years ago

There is no any doubt about it , but government policies in big countries made it very difficult to purchase Cryptocurrency, as in India case is pending in Apex Court, Without government involvement it is not going to happen.

To Unlock the potential of market, banks should stop seeing Cryptocurrency as their competitor or loss of revenue. Major population is not aware about Blockchain technology and Cryptocurrency, To unlock the potential there is long journey ahead once people knew about Cryptocurrency which ultimately put pressure on government to regulate it.

In India Cryptocurrency is like Alien like thing for major portion of population.It is hard fact that Cryptocurrency market is still very small portion of fiat currency market but yes it will increase with respect to time with people awareness and education about Cryptocurrency and Blockchain technology.

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