Post
Topic
Board Bitcoin Discussion
Re: Banking system and BTC
by
todiboa
on 27/11/2019, 00:01:01 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.
The world consists of many countries. Someone supports Bitcoin, someone rejects. Therefore, Bitcoin is not able to break through the centralized world system due to small adoption, however, as a tool, Bitcoin has the features to do this.