There is a place where the Atlantic and Pacific oceans collide.What happens is NOTHING.
Due to salinity differences in particular there becomes a boundary line of " water strangeness" that just lingers.
I think the same thing will happen in the coming decades when crypto and traditional money markets begin to collide.
Nothing lasts forever.
We had better get ready for money "wars".
The big banks are now re inventing things.
Closing branches,reducing services.
Eventually shedding most middle managers.
The wheel may turn full circle sometime in the future.We may in some ways go to the " barter" system by necessity
Submitted: August 13, 2022
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Comments
MT here in Australia the money market is " built on debt".
It creates hundreds of thousands of jobs.Debt collection is huge here.
Thanks for reading and replying
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Matt Triewly
Strange and worrying times. I do sometimes wonder with all the debt in the system that one day it will all just collapse.
Mon, September 12th, 2022 10:27am