Post
Topic
Board Economics
Re: Is it possible to live without banks?
by
peterurb
on 01/07/2020, 17:38:34 UTC
Not now, cause when you want to pay some higher amounts like for buying your new house no one will now accept crypto, but only payment to a bank account.

In the future, crypto can make life without banks, cause everyone will use both of them or only crypto. But we have to wait for a few years to get to that state and Bitcoin can have even 1000% profit, cause everyone will want to have at least a few satoshis.