Post
Topic
Board Economics
Re: Different between Cryptocurrency and Banking sectors
by
MadisonWood1212
on 04/08/2018, 05:12:29 UTC
The difference between banks and cryptos is that central banks can control the denominations of currencies that they can raise or lower them. Daily transactions must go through the bank, and your personal information will be publicly disclosed to the outside, will not be private for yourself. As for Bitcoin, your transactions will not be subject to any transaction fees, if any, just a few. Your information will also be hidden. Operations will not be subject to any control by the bank and the government.