Post
Topic
Board Economics
Re: How will Bitcoin replace banks as far as loans and interest are concerned?
by
Jesu
on 15/05/2015, 14:16:13 UTC
Don't banks fill an important role by allowing people to take out loans and so increasing people's capacity to invest in their businesses, buy houses, etc?

Yes, and that's why bitcoin will never replace banks, though it may influence or force them to change their ways. I see bitcoin more of an alternative system than something that is meant to destroy the banks.