Post
Topic
Board Project Development
Re: 382 BITCOIN ITS ENOUGH TO OPEN MY OWN BANK?
by
LastJedi
on 01/05/2018, 16:50:38 UTC
Why would you need a bank when there's an available hardware wallet already?

Is it possible to build  a decentralized bank?

Bitcoin is made against the banks centralization system which will help all of the users to properly circulate the digital money worldwide through the use of internet. A hardware wallet is likely a decentralized bank where you can carry it in you all around.
This is why I never think a bitcoin bank would work.
It is against what it stands for about it being decentralized and moving people away from using their current banking ecosystem which is primarily centralized.

I see exchanges starting becoming centralized and people do not use those certain exchanges because of this.
I do not blame them one bit.