Funny to see so many against crypto currencies and these so called financial experts and programmers.
Same people that are against it are the ones who probably said the internet was a phase, smart phones won’t last and Uber will never compete with taxi companies, laughable.
Yes some crypto currencies will go to zero and have little to no value behind them but many of them have real world use cases and are much more efficient than banks.
For example, Developers have created Litepay a system that will enable vendors to accept Litecoin with zero no risk for violatity. This is just the beginning, eventually big companies like Amazon, Ebay will get on board and start accepting payments in crypto currencies. It’s faster, and a cheaper way of payment. Survival of the fittest.
Unless everyone thinks banks will begin to lower fees and improve speed I don’t see how they can compete.