Post
Topic
Board Bitcoin Discussion
Re: Bitcoin banking system
by
dunfida
on 30/04/2020, 21:59:32 UTC
Hello! 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.

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Yes, bitcoin is far better than fiat based system but unfortunately not many people or institutions realize this.
By the way, why should anyone denote you ? This is not a right way to beg for help or donation. I hope you understand it.
I dont know on what he do smoke on asking for out some donation after he do talk about Bitcoin and banking system.  Grin Well setting that non-sense aside,
people here on this place or community does know that basic thing when it comes to decentralization aspect of btc and thats why adoption is on the move
but i dont really believe into the thing that it can surpass fiat system anytime soon.We can rather have an option but not totally replacing a system that had been
hardly established and supported by government itself.