The Connection Between Crypto And Fiat Is Closer Than You Think
▻https://hackernoon.com/the-connection-between-crypto-and-fiat-is-closer-than-you-think-aa6a2ea1
Don’t keep your money siloed from the 21st century! Photo courtesy canva.comMoney has come a long way from dusty ledgers, oversized check-books and waiting in long lines at the bank.In fact, consumers are so frustrated with “Big Banks” failure to innovate that one in three of us believe traditional banks will cease to exist in 5 years.Most people don’t even use physical money anymore. The mobile-payment market has made cash a relic in Asia, with 1.4 billion monthly users on China’s two biggest platforms (or roughly 18% of the world’s population). Though mobile payments are growing, there’s something even more revolutionary to the traditional banking sector:The introduction of #cryptocurrency as a real alternative for payment.In South Korea, consumers can use crypto to pay at thousands of retail (...)
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