Central and commercial banking services are obsolete, as well. Again, cryptocurrency ecosystems, integrate and decentralizes everything, that was. That is what all the bitching and whining, from the political and financial "dinosaurs" is about...
Interesting.... What do you think will happen to the banks? I'm also worried about the smaller credit unions and community banks that may not be able to compete if there is a flight to X Money promising 6%.
You're worried about banks? Who cares, when equity is king. Xmoney is nothing more than a derivative. Just like a stablecoin. It's the same thing as the existing system of middlemen stationed at every bridge and road. It's gaming a system. That's why cryptocurrency and decentralized ecosystems are being reprogramed in parallel by the dinosaurs. Attempting to keep themselves relevant. Musk is simply a tool within the old architecture.
Central and commercial banking services are obsolete, as well. Again, cryptocurrency ecosystems, integrate and decentralizes everything, that was. That is what all the bitching and whining, from the political and financial "dinosaurs" is about...
Interesting.... What do you think will happen to the banks? I'm also worried about the smaller credit unions and community banks that may not be able to compete if there is a flight to X Money promising 6%.
You're worried about banks? Who cares, when equity is king. Xmoney is nothing more than a derivative. Just like a stablecoin. It's the same thing as the existing system of middlemen stationed at every bridge and road. It's gaming a system. That's why cryptocurrency and decentralized ecosystems are being reprogramed in parallel by the dinosaurs. Attempting to keep themselves relevant. Musk is simply a tool within the old architecture.