Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Topic OP
Bitcoin will do to bank what Email did to post office
by
Versatile_choice
on 30/12/2023, 12:05:11 UTC
⭐ Merited by irhact (4)
Technology has been one of the factors that has made things very easy for everyone, gone are days when people were finding it very difficult of sending letters from one person to another do to the lack of internet, so however for a message to be send across it must go through postal office and before it gets to the recipient it takes up to days. But however the arrival of internet changed everything and made it very easy everyone to convey messages from a person to another through emails.

So Boiling it down to Bitcoin and banks, actually the existence of Bitcoin has greatly improved the mindset of people especially on investment diversification such as profits making because is obvious that any money we put or save on the bank will not yield any profit so instead of people saving much money on the bank when there is a great opportunity offered by Bitcoin to channel all our money with the possibility of making or multiplying our capital in the future. So perhaps do you guys think the reason why most countries are having some restrictions on Bitcoin is because of the effects it has on the bank that people prefer to invest there funds on Bitcoin instead of banks?