Post
Topic
Board Economics
Re: We, bitcoiners, should buy a bank
by
Mulann2
on 17/02/2021, 08:15:25 UTC

I still see many people being puzzled by BTC, saying it's a bubble, that it's going to crash, etc...
Taking advantage of the huge price rise, I think some early believers should team and buy an existing bank. Not Barclays, nor JP Morgan of course, but there are small banks out there. Imagine a bank owned by bitcoiners, for bitcoiners. It would become an exchange, and it would be the best exchange in the world with the full ability to make Swift and SEPA transfers without the need to use the service of a third party.


I don't think this will resolve anything because once it is a financial organization like a Bank be it Big or Small, I believe they  are all still been regulated by the central Bank of which ever country and these central Banks are own and controlled by the Government. I just believe that at some point, the Governments of all this countries will just have a rethink about crypto acceptance maybe only putting some regulations instead of ban because of Bitcoins adoption by some major Organizations and Institutions.