Post
Topic
Board Economics
Re: Bank's loss crypto's gain?
by
Granxis
on 16/08/2020, 09:41:10 UTC
Whatever banks do, they will not lose the trust of some people, because the meaning of the bank is authority, the meaning of paper money is the trust given by the state. Western European countries with strong banks are in a different situation. In the Middle East and Asia, they have been exposed to many bank frauds over the past 50 years. As a result, the bank's hand is strong.