Post
Topic
Board Economics
Re: Banks are the cause of millions of crypto project failures
by
yudi09
on 12/12/2023, 11:17:57 UTC
Banks are the cause of millions of crypto project failures


-snip-
Banks are not government enemies, but government partners.
Banks are not the cause of the failure of millions of crypto projects.
The enemy of the bank is bitcoin because the Bitcoin system cannot be controlled by a third party.
The failure of the crypto project was due to the party from the project itself.

You are wrong in looking at the bank on these two things.
People who trust banks cannot be blamed because they do not know how to manage their deposit money. If the general public knows how the bank works, their trust in the bank will decrease.
The bank does not have money and money stored in a customer's bank. From the savings of the community they make a turnover of money by giving loans to people who need the percentage of interest charged.