Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks cant control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
inflation can mean a lot, inflation below 10% is stimulating transactions, stimulating growth, it is inflation that the government can control, and over 10% is the government losing control of Paper money printing, for Bitcoin, does not have inflation, but when the demand increases, it will cause a scarcity of bitcoin, and may also be manipulated by a rich country.