Kraken: Krypto-Börsen werden Banken ersetzen

According to CEO Kraken, the traditional financial system lacks flexibility

Businesses and banking institutions that do not wish to change in accordance with current market realities may consider their days to be numbered. Cryptocurrency companies will replace the current system in the future.

Only such as PayPal, who quickly orientated and rebuilt their work with cryptocurrencies, will be able to survive. They have a chance to find their place in the developing financial sector.

The management of such companies monitors the latest technologies in the financial sector. Large companies such as Goldman Sachs and JP Morgan are also examples. They have been following the development of the cryptosphere for several years, and have released a number of products for customers.

In the future, when the price of Bitcoins reaches 1 million dollars (forecast by Jesse Powell from Kraken), such companies will become more and more. Therefore, the transformation of the market may end even faster than it seems.

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The article has an informational character, reflects the opinion of the author. Before you make a decision, analyze the market situation.