https://www.youtube.com/watch?v=NtWA4jajaRI Crypto's vision of self-banking is closer than ever, with technologies like Bitcoin enabling a future without traditional bankers.
A recent Axiom BTC report titled "Banks without Bankers" explores how Bitcoin could revolutionize the banking system, emphasizing peer-to-peer transactions and self-custody.
Inspired by Hal Finney's vision, the report suggests a balance between custody and self-custody, leveraging multi-signature wallets and federations for community-run digital banks.
Technologies like Fedimint and Cashew offer privacy-preserving e-cash backed by BTC, potentially creating a decentralized financial system.
Despite challenges, the future of Bitcoin lies in scalable, private transactions, moving towards a single global currency.
The report highlights the importance of community and trust in evolving towards digital, decentralized banking, offering a glimpse into a future where financial freedom is paramount.
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