THE BATTLE FOR NORMALITY
In the left corner we have CENTRAL BANKING, an antiquated, centralised, out-of-date, obsolete, archaic, old-fashioned, outworn and slow system..!!
In the right corner we have BLOCKCHAIN, a cutting edge De-Centralised Technology that cannot be hacked, manipulated, controlled, influenced, rigged, orchestrated or owned..!!
CHALLENGING TIMES
Global Banking and Finance are currently in extraordinary and challenging times as Monetary Policies set out in the 1970’s are struggling to keep pace with the advances in TECHNOLOGY.
These antiquated systems put in place in the 1970’s have finally come to the end of their life expectancy and BLOCKCHAIN is set to bring these BANKING SYSTEMS and MONETARY POLICIES kicking and screaming into the 21st Century..!!
DECENTRALISED BANKING
BLOCKCHAIN is set to Decentralise Global Banking, and something that cannot come quick enough.
The interconnected Global Banking System is in a serious risk of SYSTEMIC FAILURE without a system in place that can measure this RISK in REAL TIME..!!
Without such a system Global Banking and Finance will simply create an ongoing Super Boom / Super Bust Cycle as the Systemic Risk continues to contracts and expands over time..!!
SERIOUS MESS
Global Banking is in a serious mess and the application of BLOCKCHAIN must be accelerated in order to mitigate an even larger tsunami of Global Financial Events that is heading our way..!!
Thanks for reading and please feel free to share.
Stephen