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RE: Banks vs Bitcoin: Where Is The Money?

in LeoFinance2 years ago

The further bitcoin can get away from banks again the better! Only real issue with that is it's a double edge sword and you'd most likely have a smaller market cap without banks. Makes you wonder if we are just doomed to use banks or if crypto will find a way.

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I think both can co-exist. Banking infrastructure and know-how that has been developed over decades will continue to be useful. But the system of how they operate may have to adjust.

Only thing that is keeping banks from offering bitcoin or crypto services is probably the laws and regulations. Their answer for crypto demand seems like CBDCs. But that doesn't really solve any problems within the system.