/biz/ - Business & Finance

>be canadian
>hear news about government using ethereum blockchain
>"awesome, the government loves crypto"
>read about canadian users experiencing issues with their banks all of a sudden when buying and selling crypto for fiat
>now worried about banks and not being able to cash out for taxes

>*flashback 7 months*
>working at bank (one of top 5)
>low level wagecuck
>division director gives town hall meeting about blockchain
>"its the future" -director
>"wow this guy loves crypto!!" -me

>*back to today*
>"the guy doesn't love crypto faggot, he loves blockchain" -me to myself
>realize banks may just stop allowing all transactions from their user's accounts

>few months in future
>banks create their own blockchains
>now we don't want regular crypto anymore because the bank's system functions are now instantaneous and cheaper anyways
>crypto market crashes
>governments and banks are able to purchase all outstanding tokens and coins for next to nothing
>useful existing blockchains get used internally
>worthless ones closed
>"fuck. the government doesn't love crypto either retard. ONLY THE BLOCKCHAIN"

Someone please give me a reason I'm wrong. I'm begging you.