Quote from: Yatsan on January 26, 2020, 10:57:09 AM

Quote from: judaspriest on January 25, 2020, 05:25:35 PM

Quote from: akram143 on January 25, 2020, 04:16:43 PM

Banks are making money from no where so do you think banking is still better than decentralized crypto?

Banks aren't good! therefore cryptocurrency was created, but there are only a few that have good value, indeed decentralization is a good system for the future, but for now if the BANK ends, the world will be shaken

Cryptocurrency is created to have a new kind of currency, which is a digital one. It's not created to fight banks. It's created to help it, to help the economy. Banks are needed for loans, for taxes, and etc. and bitcoin is needed for decentralization and avoiding huge fees that the middle man will get (like a bank). Like it or hate it, banks are needed for our economy to function perfectly, and bitcoin and other cryptocurrency is there to make it better.

Bitcoin and banks are not fighting each other, and they are the tool to make our society better.

Yes, both of these products are a perfect support for us in this modern society, bitcoin as a new investment service, providing us with more profit, the bank is a safe storage place, except for that, it also creates more opportunities for investors who want to take risks when they have no capital and lack of conditions, although both have a mix when bitcoin can become a storehouse and a bank can become an investment place with low interest rates. But after all, they still prioritize development and focus on their main services, they have small competition but this competition is what makes them better.