Post
Topic
Board Bitcoin Discussion
Re: Banks have nothing to fear from the bitcoin network
by
sublime5447
on 03/10/2014, 01:12:11 UTC

When Alice buys bitcoins from Bob, fiat moves from Bank A(Alice) to Bank B(Bob), hence there is no loss for the banking system.
In other words banks have nothing to fear from the bitcoin network, right?



Exactly the banks have nothing to fear, the governments have nothing to fear, the status quo has nothing to fear, the ruling elite have nothing to fear... So why support it again?