Post
Topic
Board Bitcoin Discussion
Re: Banking will still be significant until cryptocurrencies can "stand on their own
by
davinchi
on 07/04/2018, 15:59:07 UTC
We are already seeing now regarding into those conflicts where it would be always where banks would stood still no matter those conflicts would really result into such prohibition on cryptoccurencies instead because government would always protect to those things which they can able to regulate where banks is included into this matter.This why i dont see a reason for banks to be burst out even bitcoin and other coins in the market will fly to the peak there would be still a significant area on where these things are should be placed on.
Okay, but from your own point of view, do you think that cryptocurrencies can be able to stand on their own? Cryptocurrencies can never be able to stand on their own. Fiat is always in control of everything, cause they have already been choosing for centuries now, and changing that will be a really big problem, and is in fact quite impossible. Fiat is being controlled by banks, and that puts banks in the position of being in control of everything.

Banks are "too big to fail." Big banks will always get bailed out by central banks.
Yes that’s true, because they have been around for a long time, probably for centuries and they have grown into something big which is unstoppable. You don’t expect Bitcoin and other cryptocurrencies to come from no where and just take over everything. It’s just like how Bitcoin is in control of the  Blockchain.