RE: Volume25 Aug 2021 11:45
Another thing is that you can be sure the big players Visa, Mastercard, the banks, Paypal and especially the likes of Western Union are looking at their golden goose and thinking that the times they are a changing.
They're between a rock and a hard place as the new tech simplifies and makes it cheaper to transfer money with a KYC in place and an immutable ledger of transactions aka blockchain.
If they don't move with the new tech then they're toast but their profits are sure to suffer if they do, however if they don't move they'll get nothing.
CBDC's are coming but they're not cryptocurrencies , just digital FIAT money ( The clue is in the name .....central bank, not distributed ). The difference is that with a digital currency based on blockchain, every transaction is logged so governments have ultimate fiscal control.
In any case the coalculus platform can handle anything........crypto, FIAT or digital FIAT.
Being first out of the gate here is just so more advantageous on so many levels that it can not be dismissed even though the market is worth Trillions........If we are just also rans then the real advantage and the rewards will suffer.