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.
maybe you're right that bitcoin is free from inflation
BUT you must remember that bitcoin is not suitable for store of value
imagine if bitcoin is used as a store of value, you can get very rich instantly but you can also be poor right away
only because of the WHALE game
so let both co exist
bitcoin as an investment and a bank as a store of value (fiat)