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Nickel Bitcoiner
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Banking system and Bitcoin

Thu Dec 12, 2019 4:38 pm

Hello! What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
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Yogay
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 164
Joined: Fri Jan 12, 2018 12:11 pm

Re: Banking system and Bitcoin

Sat Jan 25, 2020 12:46 pm

How can BTC kill the banking system and replace fiat? Yes, it is less in number and it is not controlled by any authorities, but they are owned by a very small% of people, what then should the rest do? who have not yet met the world of cryptocurrency

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