What's the impact of cryptocurrency on traditional financial systems?

[uptrendfinancialsignal]

The financial systems receive some change through cryptocurrency. I see that the crypto revolution presents people with completely new decentralized lending services together with digital currency technology that goes a long way to reshaping our financial operations. People still keep wondering about the emerging ways cryptocurrency will affect established financing operations. What's your take on this?

 

[Nomad]

I think crypto will ultimately give boost to traditional finance as people need to somehow convert crypto to fiat currency and traditional finance can make a lot of money for the currency conversions and withdrawal fees, and even taxes.