Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin eliminate local banks?
by
moneystery
on 28/08/2025, 17:32:49 UTC
Bitcoin has no competition and therefore cannot compete against BTC, those who have made this a cliché are wrong, that BTC can eliminate banks, fiat money, gold, no, BTC is not for that, it is to give us the freedom that was taken away from us since the beginning of the corrupt global financial system that exists, it is the only way out, so BTC is authentic, it has no need to compete against Anything.


Bitcoin is essentially an alternative to banking. It’s not intended to eliminate banks, it’s simply an option for people who want complete control over their assets without relying entirely on traditional financial institutions. The 'framing' that bitcoin has the potential to eliminate banking and disrupt global finance is just an exaggerated narrative that makes bitcoin seem like a threat, when in reality, it isn’t. It is simply a decentralized asset that allows people to have freedom over their own wealth.... that in itself is not wrong, but governments dislike this, which is why they often restrict or even ban the use of bitcoin.