Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin eliminate local banks?
by
summonerrk
on 09/08/2025, 21:17:07 UTC
The biggest advantage of Bitcoin over banks is that it is not controlled by a small group of people who can decide whether or not to restrict depositors' ability to withdraw their money.
But banks are such a well-developed infrastructure that they provide a large number of jobs, and I understand that the more the world progresses, the fewer people you need in the workplace, as processes can be replaced by automation.