Question
Please write down your thoughts after reading the paragraphs ie. agree or disagree and why? (Min 5 sentences 150 words + ) As we all
Please write down your thoughts after reading the paragraphs ie. agree or disagree and why? (Min 5 sentences 150 words + )
As we all know we are in the age and dawn of new technology From the way we do medicine to how we bank is changing drastically before our eyes and this gives it users a sense of self-sufficiency cuttingout many middlemen our modern banks are using but is this a bad thing absolutely not! As said in the video people are beginning to trust companies more than the government and can you balme them? We have years worth of evidence that the government is known to do some shady things with our money. For example, the Great Depression, money that many people put into most of the banks disappeared from there accounts unfortunately Also we seem to not have come to an agreement on what our tax money should be spent on first! So handling our own hard earn money seems to be working
Since the video has been put out cryptocurrency such as bitcoin as been growing and the only problem we seem to run into is how to regulate it. At this rate banks may go out of style with the younger generation unless they think fast and find someway to incorporate cryptocurrencies but even by then the government may find a way to regulate so it can benefit them. With our new age of technology traditionally banks with dissolve, that is bank buildings will not be needed but I do have a feeling big banks will try very hard to incorporate cryptocurrency.So the names will still be house hold ones however they will have a drastic change in how they bank !
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