Yeah and the bank could obviously just fire most of its employees and require less information from customers to transfer (like all they need is the tranit and account number but they ask for your first born)
and they likely would ask for all that info and cause all the same waste if they were using crypto anyway...
but in a world where we were using crypto, it is not required that it's a ponzi scheme or whateer other circlejerks people who hate steve jobs want to call it.
It could outright just remove the banks and create a better way for consumers to exchange goods and services. And instead of banks you could have insurance companies to help safeguard transactions (that's what banks were at first anyway) I mean there are like a million possibilities, and crypto can be as secure and safe as anything else but what it can do that the others cant is be self sustaining.
And that's why in OUR WORLD itd be a better system, in the world where we all have email and internet and stuff, it would be better for us if it was embraced by the goverment over the petrodollar.
But it wouldn't be better for them! W
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