How do we disrupt Wall Street?

[eclime]

With the this crypto financial industry beginning to take off, which represent .05% of the financial market, what needs to happen in order for this industry to replace Wall Street? You can read a little more of why am not a fan of our classic investment structure - link

[AleksBozhinov]

The 1% will fight hard against any type of loss of wealth. The way to disrupt Wall Street is to decentralize and digitize all activities there, thus no 1 individual will be able to control and prevent progressive development

[Humperdoo]

The 1% will fight hard against any type of loss of wealth. The way to disrupt Wall Street is to decentralize and digitize all activities there, thus no 1 individual will be able to control and prevent progressive development

I wholeheartedly agree. The best way to disrupt wall street is to make them as transparent as possible so the public can shame them on every corrupt action. 

[eclime]

This is why I am so intrigued with crypto and blockchain, it cuts out the middlemen thus no brokers leaching people's money. There is no need for them anymore when they can be automated!
 

[n4poleon]

It is already being disrupted, some of stock, forex traders/brokers already jumped in cryptocurrency bandwagon. And potential investors are already turning their back from traditional institution. I myself never experience and don't want to experience their financial investment bullshit. My first investments are directly into crypto space sp I kind of leap-frogged.

[Fortify]

Keeping the regulations in place that were a step towards getting Wall St under control is a good idea. It seems like Donald Trump will repeal them however, because he is simply rolling back all Obama's policies instead of coming up with new ideas. You could argue that it is too late to get the bankers under control, as even in 2008 a lot of very rich people got a bail out from the tax payer with very little jail time.

[Mad7Scientist]

Pecious metals like gold and silver are more reliable and stable than Bitcoin, and the metals have some real world uses. If everybody put their savings in to that then Wall Street couldn't rob people's wealth by devaluing the currency anymore. The USD prices of gold and silver have doubled in the last 10 years.

Another thing everyone needs to do is to think long term to ride out the cycles. Gold has been close to $2000 from $800 and then back down to $1100 then close to $1300 now. If you panic and end up buying high and selling low in the short term then you lose.

In 20 years gold will probably be $3000 with little risk. Is that better than whatever retirement savings your current employment offers?

[joebrook]

With the this crypto financial industry beginning to take off, which represent .05% of the financial market, what needs to happen in order for this industry to replace Wall Street? You can read a little more of why am not a fan of our classic investment structure - link

We just need to educate the people of the importance and benefits of investing into cryptocurrencies, once they know what it will bring them, they will go for it and eventually abandon the corrupt Wall Street. The more people we get on our side they more the governments of the world will accept Bitcoins.