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This effectively eliminates the possibility of Fractional Reserve Banking. Who in their right mind is going to give their bitcoins to a bank that turns our around and lends them to other people and makes bets in the stock market with them? Nobody.
What you think?
Do you honestly think that after hundreds of year of 'banking' people suddenly will stop using their services? It is not about that we don't know that our money are used to grow wealth of the banks.
Most people just don't care and accept it as a normal state. I am sure in the future when any form of crypto/virtual currency will take the lead there will be digital banks (even though it is totally not needed).
Virtual banking will be our reality just because banksters and corporation will make it look trendy and needed so people would follow.