The need for banks to adapt to cryptocurrencies.

First of all I want to give a big greeting to all hive friends and especially to the members of this wonderful community as Leo-Finance is. I want to share with all of you this publication related to some considerations about the need for banks to adapt to cryptocurrencies in order to transcend in the financial world..

Today, traditional finance is lagging several steps behind modernization and what is coming in financial matters such as blockchain, and there is no doubt that cryptocurrencies are these days the solution to the obstacles and processes blocked by the great banking hegemonies..

That is why cryptocurrencies are becoming the first way for investors in their intention to make savings or as a mechanism to preserve the value of their capital, despite the volatility of the market, it is noteworthy that currently has increased the number of people who own at least one bitcoin as a digital asset.

It is also necessary to point out that traditional banks are suffering the massive withdrawal of their users' savings since they are getting better services such as remittances, credits and investments in the Exchange, which represent for investors a better possibility of development and financial growth.

On the other hand, it is imperative the technological change that traditional banks must make to be able to compete or work together, otherwise they are destined to fail. Decentralized finances are the ones that set the guidelines today in the new financial world, and they are not subject to any entity that places limits or fraudulent blockades for political reasons among others.

There are already some countries and areas of the world where they have the adoption of cryptocurrencies as a mechanism for payments and marketing with some regulations, allowing them to improve their economies so weak after the pandemic, no doubt that this opportunity can not be overlooked and every day that passes is lost time for banking and financial recovery.

Despite the dark outlook with a downward trend and with some events in the world pointing to war, many investors see adoption as positive and with long-term financial goals to achieve..