Future without Middle men big way, but big Question?

[Karmakid]

I see the World is Going to the Way that no Middle men anymore!

Like decentralized banking the New era  of living.

Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....



But the question is :

What about Middle - men? 
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 


Do you think  life without middle men Will be better? 

These middle men are the same people like us they have the same minds as we and these are the people from among us so they will also join our community and they will not remain jobless. If they will lose one opportunity then they will get many other opportunities which will be far more better than the previous one.
So don't worry for the decentralized era it will make us more stronger and independent in the financial world.

The decentralization that the blockchain technology has brought to us will not remove the jobs of the people in our era and it will create more jobs instead. We are now in the midst of transition towards a full technology based era and we need more people to support this transition so tech companies will hire more people and it will provide opportunities to those who are currently jobless.

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[Genemind]

Things around us seek convenience and most of us will surely choose which faster and more affordable. As for me, the development and improvement of the community and society include the elimination of middlemen. We can't deny the fact that they still play a huge role in our society but if there will be better choices, I'm sure that apps or even mode of payment that provide faster transactions will surely grow better.

[el kaka22]

Do you think  life without middle men Will be better? 

Yes, with respect to my country's FMCG business structure, most of the money are going to middleman and the producers and the actual sellers are taking very less profits but the consumers are paying very big prices just due to lots of levels the middle. If the producers are directly able to sell to consumers then consumers will get products at cheaper prices and also the producers will get the maximum benefits.

At the same time we cannot ignore the need of multiple levels of middleman still I believe most of them could be eliminated from the business model. Let us come to the same kind of discussion into crypto level, I believe due to decentralization and when we are transacting without the need of bank I guess I'm going to pay same money but save more from the transaction costs as traditional banking is all about adopting negative interest rate which means their fees for every banking services will be more compared to what are paying right now.

[FLoving]

Things around us seek convenience and most of us will surely choose which faster and more affordable. As for me, the development and improvement of the community and society include the elimination of middlemen. We can't deny the fact that they still play a huge role in our society but if there will be better choices, I'm sure that apps or even mode of payment that provide faster transactions will surely grow better.

I also think that the middlemen and third paties are a hurdle in our dealings and our businesses if we will do our dealings and transactions directly it will bring much convenience in our life and in our economy. It will boost the energy of our economy and will give more strength to the financial system of our countries. It will encourage all of those who are disappointed with the current system of finance and economy.

[gentlemand]

Uber, Aribnb and so on are middle men in disguise and more insidious too. They still take your money. They want to hide behind the saps they're exploiting to provide their services when they go wrong. It's a very attractive development for existing middle men. More profit. Less liability.

Other than that most of the world does not want decentralisation or care about it. They want someone else to do the work and complain to.

[Kevondo]

Things around us seek convenience and most of us will surely choose which faster and more affordable. As for me, the development and improvement of the community and society include the elimination of middlemen. We can't deny the fact that they still play a huge role in our society but if there will be better choices, I'm sure that apps or even mode of payment that provide faster transactions will surely grow better.

With the passing time, old things are just getting replaced with the new ones and it is not bad at all. If we can ease our tasks with technology, then why wont we. Technology has not taken jobs from anyone rather it has created more opportunities in this world. Be a bitcoiner or a youtuber, you can hit huge amounts. For doing all such stuff, no hard learning skills are required. Only those survive who go with the flow.

[pawanjain]

You care about unemployment but don't care about your loved ones being in trouble because of those middle men ?
It's no rocket science that these middle men (i.e the bankers) have been troubling us since ages.
Now since there will be no middle men, these people won't be able to trouble us anymore.
You talk about life but my friend, you must look at life from a different perspective.

[Shenzou]

First of all the middle man is never gonna go away, there are many things out there that require you to use a third party, like when you pay your taxes when you pay your flight ticket or when you buy your groceries, things like those are always going to require a middle man whether directly or indirectly, and if employment is the concern here there are other things that are effecting it that we should be worried about, like robots and machines that are replacing us, the same way steam powered machines replaced humans years ago in the industrial revolution and caused millions of people to lose their jobs.

[7788bitcoin]

I see the World is Going to the Way that no Middle men anymore!
Like decentralized banking the New era  of living.
Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....

If you are talking about bitcoin and a decentralized market then it gets rid of the banking sector if you are using it as a tender to transact globally but if you are using the banking system then there is a middle man in all of the transaction and there is no way around it. The middle man is a curse in majority of market and if we get rid of them we will have some benefits but the job market will get affected.

But the question is :
What about Middle - men? 
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 
Do you think  life without middle men Will be better? 

Sure it will create unemployment and i am not expecting the traditional banking system will get replaced anytime soon.

[AjithBtc]

With banking what we experience now will continue, just on decentralizing everything won't function eliminating the middlemen. From what Op thinks, there is no need for banks. If we say there is no middlemen on uber, airbnb then its wrong because they are the middlemen. Earlier if we want a taxi we go to the road and hire a taxi. Now if we want to hire a taxi we contact the middlemen ola or uber and further he connects us with a taxi.

[dirgayeah]

I
But the question is :

What about Middle - men? 
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 

Do you think  life without middle men Will be better? 

Middle man still has a place in this world. especially in banking sector. banking still need a broker to find the customer. and if we hope all of banking system will be decentralized is impossible. Middle man also a ppl which is want to find halal money.  as long as they are work under the rules and law

[Lorence.xD]

You care about unemployment but don't care about your loved ones being in trouble because of those middle men ?
It's no rocket science that these middle men (i.e the bankers) have been troubling us since ages.
Now since there will be no middle men, these people won't be able to trouble us anymore.
You talk about life but my friend, you must look at life from a different perspective.

Middlemen are part of each transaction; this commonly happens to the smaller business to avoid having scams and illegal transactions. They are responsible for handling both parties to secured they are safe on the business they want to do. In banking always there's a  middleman that handles the transaction of the customer and verifying the information of both parties to avoid of having misinformation. Today this happens on the small business if they want to buy something or to sell because to secured their selves and the items they have they must hire a middle man that handles both of the things they have and to assure there's no threat for them.

[Amel]

These middle men are the same people like us they have the same minds as we and these are the people from among us so they will also join our community and they will not remain jobless. If they will lose one opportunity then they will get many other opportunities which will be far more better than the previous one.
So don't worry for the decentralized era it will make us more stronger and independent in the financial world.

The decentralization that the blockchain technology has brought to us will not remove the jobs of the people in our era and it will create more jobs instead. We are now in the midst of transition towards a full technology based era and we need more people to support this transition so tech companies will hire more people and it will provide opportunities to those who are currently jobless.

And at that time the changes appear, where the jobs played by humans will be replaced by machines. But that does not mean people will be unemployed, but they will also follow these changes where they are forced to follow technological developments including their work.

If today humans work for sustainability, then humans in the future will work for innovation.

[Nolimitz84]

It is an evil that is necessary. Just as many country men have lost their jobs, so many bankers will also lose their jobs someday.

Yeah not very much like anyone to lose their jobs,but it comes down to this scenario.Alas.Many people who perform the role of intermediaries are waiting for such a fate.

[uneng]

You care about unemployment but don't care about your loved ones being in trouble because of those middle men ?
It's no rocket science that these middle men (i.e the bankers) have been troubling us since ages.
Now since there will be no middle men, these people won't be able to trouble us anymore.
You talk about life but my friend, you must look at life from a different perspective.

Middlemen are part of each transaction; this commonly happens to the smaller business to avoid having scams and illegal transactions. They are responsible for handling both parties to secured they are safe on the business they want to do. In banking always there's a  middleman that handles the transaction of the customer and verifying the information of both parties to avoid of having misinformation. Today this happens on the small business if they want to buy something or to sell because to secured their selves and the items they have they must hire a middle man that handles both of the things they have and to assure there's no threat for them.

I think we won't get rid of middlemen because of that fact. Without middlemen we aren't safe to deal with strangers, at least paying the fee to the intermediary we have the assurance we are dealing safely without risks.
It would be amazing to have a society without middlemen for sure, but it sounds like a utopia for me. Trust levels are decreasing in the communities, even neighbors who used to be trustful before are now strangers. How to live without middlemen in a community like this? Impossible...

[ntsdm1]

Do you think  life without middle men Will be better? 

The very word,, mediator,, does not command respect.To me, a middleman is a speculator.So of course without them it will be better!

[agentx44]

I see the World is Going to the Way that no Middle men anymore!

Like decentralized banking the New era  of living.

Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....



But the question is :

What about Middle - men? 
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 


Do you think  life without middle men Will be better? 

I think one of the main reason why there's a mediator on every set of group or a system is to maintain balance and control. They are the one that handles the complaints and troubles being experienced but the thing is the absence of it may make things better since you will be able to confront your problem to the main source of it. Life without a middle men might make things better or may not. Without it, frauds and scams will be more vulgar more probably. If there is a middle men, there will be process which will surely avoid any unnecessary events.

[Betwrong]

Uber, Aribnb and so on are middle men in disguise and more insidious too. They still take your money. They want to hide behind the saps they're exploiting to provide their services when they go wrong. It's a very attractive development for existing middle men. More profit. Less liability.

Other than that most of the world does not want decentralisation or care about it. They want someone else to do the work and complain to.

That's right, but I think that's how it has always been. Only really independent individuals root for decentralization, but most people don't want it at all. What they want is an emperor, good or bad, doesn't matter, as long as they can blame all their problems on him. Most people find this lifestyle more desirable than one where they have to take all the responsibility for how they live.

But I believe that in the future there will be more and more open-minded and independent individuals, because it's kind of a trend nowadays to be the one.

[abhiseshakana]

If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 


Do you think  life without middle men Will be better? 

In my opinion, the bank should be abolished because the principle of bank work only benefits some groups and disadvantages other groups. Take the case in my country, for example, the interest on loans for small business loans is 17.75% while the interest on corporate loans is 9.95%. A credit application must have collateral while collateral is only owned by rich people and those who can save money in the bank are usually rich people.

I feel that the role of the government is still needed in cross-border transactions as an SOP, especially when each other's parties have low levels of trust. But the role of banks can be replaced by the role of international surveyors such as SGS (General Society of Surveillance).

It will be very difficult to escape from the bank's trap if the community itself still uses bank services to save and borrow money in the bank. Credit cards (relying on bank loans) have become a trend in millennial life now. In addition, banks always innovate to be accepted in all circles and in all situations and conditions.

[dimonstration]

It is an evil that is necessary. Just as many country men have lost their jobs, so many bankers will also lose their jobs someday.

Yeah not very much like anyone to lose their jobs,but it comes down to this scenario.Alas.Many people who perform the role of intermediaries are waiting for such a fate.

There are many opportunities they can still have even they got unemployed as the technology advances many will have chance to be their own boss on their business. Or online supports in banking etc. Middlemen may still be needed as not will be able to understand the app by themselves and there is always need supports in every application.