Abhijit Naskar's Blog - Posts Tagged "banking-system"

The reason people are nuts about cryptocurrency,
Is that they hear the magic phrase regulation-free.
But what they forget to take into account,
Is that it also means the user alone bears liability.
The purpose behind a centralized system,
Is not exploitation but to provide trust and stability.
Anything that is decentralized on the other hand,
Is a breeding ground for fraud and volatility.
Not every fancy innovation is gonna benefit society,
Innovation without accountability is only delusion.
Cryptocurrency can be a great boon to banking,
If it merges with the centralized financial institution.
Intoxication of tech is yet another fundamentalism.
Algorithm without humanity is digital barbarism.