Post
Topic
Board Bitcoin Discussion
Re: A possible future use of bitcoin for convenience?
by
JusticeForYou
on 19/11/2011, 23:12:19 UTC
Quote
- Bitcoins must be designated as "not illegal" so that institutions such as banks will accept them.


Irrelevant.... first whom would give such a designation? If BTC becomes prevalent, banks will accept them. But I am curious as to why you would put them in the "Bank" ( a centralized institution for control and protection of money). The whole purpose it that "Banks" would be useless other than for storing tangible objects.

But if you insist, I will hold onto your BTC and be your "Bank".... and loan out your BTC and the whole mess starts again...