Is Crypto Fintech?

Curious what everyone thinks.

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Absolutely. Not only does it make transactions faster, but also keep the transactions private. No third party involvement as well. But, volatility seems like a conundrum here. But again , stable coins like USDC, USDT etc. would do the job.

Definitely, Crypto will rule the Fintech Industry in the coming future. Because of its origin rising from blockchain technology, it provides many positive aspects like fraud protection and creating a digital ledger. Though it has a negative impact on the environment still in the near future, it will be curbed and a holistic surrounding shall be established to move along in synergy.

Crypto is Fintech. But it needs to be separated from Blockchain. Blockchain is one (the first) way to do DTL (distributed ledger technology) but it isn’t the only way or the best way. The future in Crypto (and hence Fintech) lays definitively in distributing, decentralizing and disintermediating the Internet. When you do this you enable P-2-P (people-to-people) transactions without extractive fees so that more of the planet can be “banked” and participate. This is the holy grail, and there are innovative ways for forward thinking tech companies to earn a healthy profit in facilitating such a capability. Only then will the control over the digital economy be returned to the commons where it needs to be if we are to tackle systemic economic inequality world-wide. My hope is that companies like Rapyd will embrace the opportunity to be a socially-conscious (yet profitable) Fintech company and thereby differentiate themselves from all of the other payment infrastructure companies.

Rod da Silva

I agree, I feel the two (crypto and fintech) get their wires crossed more often than not and I am in love personally with the DTL side – even though databases make my palms sweat. I am really impressed and excited for the future of ledger technology - I often think of crypto as the “digital pager” but the tech it is built on is still with us today right? Same goes for blockchain. Great comments and a long bright future head.

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