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Crypto Mass Adoption. Reliable Legacy System / Fiat to Crypto Service Needed. Why Not an ICO to Fix This? by barrydutton

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· @barrydutton · (edited)
$2.19
Crypto Mass Adoption. Reliable Legacy System / Fiat to Crypto Service Needed. Why Not an ICO to Fix This?
https://steemitimages.com/DQmUBuL898LujJFTFyt3kVnSvDj4XBcYhnTKmxt5NybB4u8/image.png


There have been MANY  problems trying to integrate /  pair crypto transactions with the traditional  (legacy/fiat) banking system, and there  will be more to come. 

- bank on that also.   

Banks will use their power to block alternative currencies when they can.  


https://cdn.steemitimages.com/0x0/https://steemitimages.com/DQmTEyKBnpeSUVgUqt4qb6mfmeL2dbRyMzKfYQc1kwwLu24/image.png


Banks tied to governments and their bailouts and payoffs and  lobbying do not want the  competition nor freedom which we were actually all born with.  


Banksters gonna bank, right? 


https://cdn.steemitimages.com/0x0/https://steemitimages.com/DQmXFcTAkpzCFS5PUQSYCDj7tczCs3DjzPBiLkxbrkKxP55/image.png


It costs a lot of money for  someone or a company to obtain  a banking  / monetary transmitting type licence, but  why not run an ICO for this, that's what is happening for every crypto project going pretty much as we  know.

It would be less  difficultto raise the money using this type of  method. 

Why doesn't someone set up a crypto/alternative currency bank, with the goal of   moving these transactions and opening a new world of banking choices in crypto, since that is a logical next step along with DEX's (Decentralized Exchanges)

https://steemitimages.com/DQmTWxQw3xrmRPhDvJjqwfEyGtGN1jYEc1kpjAFA8ooafTJ/image.png

There has to be a reason someone hasn't tried this yet, unless I am missing something.

-  Possibly because it's difficult to get a banking licence, as we said, banks and all related agencies/policy never want to make liberty easy and extort rights and money from us  daily.  

The Australian government has granted one in the last decade. But there must be a place where you could start.

----

Thanks for Reading 

https://steemitimages.com/DQmeMsokLJHgvoqfQt44Zy7Kvmvjr68x51nGqfrtm65zqoe/image.png
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vote details (35)
@hasanraza90 ·
Reliable <a href="https://bit.ly/2NDiPZS">Legacy System</a>!!!! FYI, the so called legacy system do not support much, the modern-day needs of any organisation, but unfortunately some people have really got accustomed to them and will hardly will ever switch to the latest option.
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@libertywatch ·
$0.82
Great  info as always!!!
👍  
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