Whenever the debate between main street and wall street starts, it always centers on the seemingly huge divide in terms of opportunity between these two main sections of society. While the former constitutes the physical workforce that drives our nations, the latter is the financial minds that seem to create money out of thin air. There is huge resentment around the world over this, which leads to the question; what are the problems of the financial industry today?
IMPOSSIBLE ENTRY POINTS
However hard you try, there are financial instruments and commodities that are just beyond the reach of the common man. Before you are able to invest, you must have a certain threshold in commitment to such
opportunities, thus eliminating a whole major section of the world’s population. This lack of inclusion/ barrier to access is at the heart of the resentment that makes main street feel left out. The world’s financial markets need to care about the huge divide that is currently engulfing the world and the tension, political and otherwise, it is creating. Opportunities everywhere need to be accessible by all if we want to live in a better, saner world.
LACK OF TRANSPARENCY
Whenever there is a huge financial shake, especially in rich countries like the United States, the government steps in to bail out huge companies with astronomical sums. If you ask the average person on the streets, they have no idea how these monies are shared, and by what metrics deserving parties are chosen. Beyond that, even everyday trading on the markets seems to be on different levels of access. To have the top of the cream opened to you, you need to become the Warrant Buffets and George Soros’ of the world. The world needs less jargon, more open, and more accountable financial industry with nothing to hide.
BUREAUCRATIC RED TAPE
If you live in the UK and want to place a trade in Qatar, or Thailand, there is a huge barrier that the logistics of such trades come with, not to talk of extra costs. While the world has become smaller with faster means of transportation, and communication, huge parts of the same world still have to wait two to five working days to send money from one country to another. The financial world it seems is decades behind its time, and this extends to the trading world. We desperately need to cut the red tape and provide seamless technologies that will reflect the times we live in.
The financial world is truly in a comatose state and in critical needs of urgent revitalization. CFX with its QHATS platform, the ZEROONE product, and its all-purpose wallet is just the spark this industry needs to get back its groove. The potent combo of the blockchain technology and bleeding-edge quantum computing is about to open a whole new world of possibilities that will destroy barriers, uphold transparency and eliminate all bureaucratic red tape wherever you might be around the world. To be part of this amazing opportunity to join CFX’s IEO today at the LA Token Exchange