Post
Topic
Board Bitcoin Discussion
Re: Banks have nothing to fear from the bitcoin network
by
chairoverflow
on 03/10/2014, 03:13:46 UTC
the only reason banking is as profitable as it is today is because banks are allowed to print fiat money and loan it to people with interest.

They will probably be able to continue to do so for a while.
I think loan system is the main reason why bank's are making profit.