Intense Competition — Not Technology — Will Fuel Blockchain’s Rise to Dominance

Intense Competition — Not Technology — Will Fuel Blockchain’s Rise to Dominance

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Source: Coindesk.com

Finance is full of misconceptions. TradFi isn’t, for example, very centralized. The global banking system is incredibly decentralized, with all different kinds of national and regional authorities and entities tying it together.

Another myth is that old technology is costly and causing people to not have access to banking services. This isn’t true either. Often, high prices

Read More https://www.coindesk.com/opinion/2024/11/07/intense-competition-not-technology-will-fuel-blockchains-rise-to-dominance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Intense Competition — Not Technology — Will Fuel Blockchain's Rise to Dominance" appeared first here Coindesk.com.

Source: Coindesk.com

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