1. scams- the traditional banking system have been crooks. Only need to read our own enquiry into the banking royal commission I
2. Many cryptos have been operating for years with no problems. Some like Bitcoin and XRP for a decade with no hacks. Sure many have lost their Bitcoins and XRP , but that’s no different to those being scammed by Nigerian Phone Scammers. Unfortunately
3. The illegal enterprises, drugs, people trafficking, counterfeiting of goods will have unprecedented government scrutiny.
4. with a crypto like VeChain a merchant and government will be able to track counterfeit goods.
I don’t know which cryptos will be the winners, but I can see that crypto and blockchain is here to stay
