I still think it will transform the developing world. Right now it’s still easier for wealthier people to take risk. For example, I think I’m right about bitcoin, but if I’m wrong I still have a good job and can start again without missing a meal. Once Bitcoin is widely perceived as the safe option, that’s when I’d guess it starts to transform the people who have always worked hard but don’t have access to a stable financial system.
I think the unbanked are already using it to survive, and this is collapsing financial systems also. That’s alot of people. I just didn’t see the legacy system jumping on it so soon. But it is what it is and they’ll try and co opt it
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