Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Banks Are Coming. Should That Make You Nervous?
by
aliceHortrex
on 11/11/2018, 22:03:49 UTC
This article on https://blockexplorer.com/news/bitcoin-banks-are-coming/ made me wonder... Bitcoin was designed to operate outside the banking system, right? It was created so that you don’t have to trust a bank or third-party. So how does it works if we get Bitcoin banks?

Bitcoin banks are something out of the realm of fantasy. How can a centralized authority subordinate a decentralized system? The answer is no. Very soon, the banking system of Fiat money will become a thing of the past and the digital currency on blockchain technology will occupy the vast majority of the market. It's just a matter of time.