That early bitcoiner, Hal finney, already predicted a long time ago that the banks will distribute bitcoin banked notes no? I Can see it happening. Is it bad or good? It’s free market. As long as the government doesn’t ban personal ownership it will be fine
Discussion
Agreed.
Banks holding hard money is what got us into this mess in the first place 😂
Nah, I think it’s fundamentally different. It’s really nuanced but Bitcoin has properties which allow it to not suffer the same fate as gold.
If we had to rely on banks not using or holding Bitcoin for it to work, we would have already lost.
Exchanges holding bitcoin slowed it down from what it could do for the world. It doesn’t necessarily mean it’ll stop it.