If you think cryptocurrency is the enemy of the banking cycle, you’re definitely wrong. But cryptocurrency obviously offers an alternative investment opportunity for everyone. And the fact that a big number of individuals around the world do not have bank accounts signals an opportunity to have these people are potential investors.
Honestly, DeFi is probably the strongest contender to act as the main alternative investment for individuals, especially that there’s a lot of room for growth in this space. And platforms like Baanx are already showing that.
I’m not saying that cryptocurrency or decentralized finance are about to take over and kick banks away lol, but we’re definitely about to witness a big number of investors preferring to join this space instead of putting their money in banks.