Quote from: CamilaStar on August 02, 2025, 04:26:46 PM

Some dude asked me if Bitcoin could eliminate local banks, I thought of it,
I told him that no
From my own point of view, banks have alot to give more than just money transfers, they offer loans and mortgage, business banking services, costumer service and dispute resolution. So this banks are really doing a good job and I don't think they can be eliminated soon. Bitcoin is not widely used for dally payments yet, so volatile prices makes it difficult to use as a stable currency
I hope I made a good point there

Bitcoin was not created to destroy local or international banks around the world, some people are wrong to think that this is how bitcoin was created, instead it was created to help the financial circumstances of individual community investors in the crypto space.

Because if it was designed for this purpose, there would have been no banks around the world, instead, there are other banks that have in fact also adopted bitcoin
and other top altcoins that help our market in some way,