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Why Banks Have Nothing to Fear from a Water-Price Based Stable Coin but Everything to Gain
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This story was originally published on HackerNoon at: https://hackernoon.com/why-banks-have-nothing-to-fear-from-a-water-price-based-stable-coin-but-everything-to-gain.
Darwin's insight is often put this way: it isn't the strongest species that survives, nor the most intelligent, but the one most adaptable to change.
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A Unlimited Water Price Based Stable Coin is not the end of finance. It's a positive evolution of it; toward money that serves human needs, funds the work the world urgently requires, and reaches the people the old system leaves behind. The institutions that embrace it get to do something they've struggled to do for years: rebuild public trust—by offering the security and service of the future instead of the fragile, costly systems of the past.