Post
Topic
Board Bitcoin Discussion
Re: Bitcoin makes banks unnecessary
by
louise123
on 11/05/2015, 15:12:50 UTC
Bitcoin does not make banks unnecessary.

Bitcoin cannot provide loans.
Bitcoin cannot provide investments.
Bitcoin cannot provide estate security.

Bitcoin has it's place as an option to the intelligent investor.  But it will never replace a bank.

Bitcoin does make banks unnecessary.

Bitcoin users can provide loans. -> BTCjam for example
Bitcoin can provide investments. -> Colored coins
Bitcoin can provide estate security. -> same as above

 Smiley