"Can Mainstream Adoption Be Achieved Without Traditional Centralized Institutions?"

shatman

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Title: Can Mainstream Adoption Be Achieved Without Traditional Centralized Institutions?

Hey guys, what's up? I've been thinking a lot about this lately. Can we truly achieve mainstream adoption of crypto without traditional banking systems and institutions?
 

asc

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I think it's possible, but it'll take some time. Decentralized finance (DeFi) and non-custodial wallets have made it easier for people to access crypto without needing to deal with traditional banks. However, I do think there's still a role for institutions in making crypto more accessible to the average user.
 

Nett00n

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Idk, seems like decentralized adoption is already happening organically through crypto-friendly countries and communities. I mean, look at El Salvador making BTC legal tender – that's not exactly traditional, right?
 
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