Post
Topic
Board Economics
Re: Banks against the crypto
by
ricardobs
on 04/05/2019, 08:02:23 UTC
Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
Unfortunately for those of you who thinks that banks will be going down, that’s never going to work because banks will always remain in power. And even right now I don’t think that bank is losing anything (if they are losing, it wouldn’t be something much) cause if they are losing anything they would have put up a serious fight that would have quenched Bitcoin and other cryptocurrencies within a few days. Banks are being backed up by the government, so they will always win if they wanted to.