Post
Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
Falmera
on 13/04/2018, 14:07:03 UTC
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
If bitcoin will be in banks, then the essence of its decentralization will be vanished. Banks are centralized and we all know about the issues of centralization. In addition, our wallets are more like a bank itself. But it is more secured.