Cryptocurrency keep going higher and higher with every minute that passes by.the world is gradually transferring it's financial activities from fiat to cryptocurrencys.in years to come,the inclination of crypto taking over the banking system is very high due to the rapid spread of cryptocurrencys and it's acceptance around the world.
The banking system has been to only means to carry out financial transaction for a very long time,but as it is now things are changing and those changes are imminent,the banking system need to be revolutionalize because of the way it's been run and the interference by the government.the creation of Bitcoin by an unknown person is something that really need to be applauded not because the person is anonymous but because of the amount of hard work and intelligence that was putting to work to make sure that Bitcoin is accepted and being able to serve the purpose it was meant for.being a digital currency ,it has proven to have many ad vantage over the banking system.
The privacy it offers is second to non which has actually help to elude the government of any country from influencing crypto in like the fiat currency.
If I am to describe the banking system from my own understanding I would say the banking system is an organized legal criminal sector back by the government to extort it's citizens.
When you save your money in the bank,what they do with your money is that they use it to transact or carry out business which the return is never shared with you.you saving your money in the bank for many years may not even yield you extra profit thereby living you in the same financial circle with out improving your standing of living.
But Bitcoin and other cryptocurrencys has come to save you and I from the heinous crime of the banking system,as investors in any of the cryptocurrencys you are sure of returns no matter what happens and your privacy is also assured as the Bitcoin and others cryptocurrency remain untraceable.
I believe with the wide spread of Bitcoin and other cryptocurrencys, people will soon come to realize that the banks are doing you no good other than to make sure you remain where you are in your financial life as this is also influence and under the watch of the government.
People are difinitly looking for ways to improve their financial life and saving your money in the bank is never going to improve you financially and from this perspective the world will gradually move from the banking system and focus more on the digital currency as it is even more safer and profiting than keeping your money in the bank.
It is not physical and therefore nobody can tamper with what ever you have in your wallet.the stress is minimal compare to the banking system crypto gives you the leverage to operate from your own comfort zone not where you will having to be moving around with cash thereby raising eyebrows.
Finally in years to come cryptocurrency and Bitcoin will dominate the world and the banking system will no longer be needed.thanks.
