Post
Topic
Board Bitcoin Discussion
Re: Banking system and BTC
by
patroncito
on 26/11/2019, 13:24:35 UTC
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 can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.

I love this topic. There is no way that central banks and banks could survive to Bitcoin. By the time people will only use Bitcoin and the current system will disappear like blockbuster.