Comment by admyral

Initially I think due to disruption to banking and government monopolies. Outrageous fees, pitiful interest rates, and financial services only accessible Monday through Friday 9-5 and sometimes on Saturday seem pretty archaic today. People who never had access to a bank can send money to anyone peer-to-peer like cash. Millenials largely prefer to invest their money into cryptocurrencies over traditional assets, which I believe has largely been monopolized by a firmly established few.