What am I missing ?
Why do we need banks?
What is the purpose of exchanges? Soft wallets? Hard wallets?
Discussion
Thanks for the contact. I'll decline.
I've only just recently joined Nostr. Haven't been on any social platform since 2020.
Happy to chat with you on Nostr.
I think I had a look at Simplex during a catch up about XMR. I could be wrong though. I read a lot of stuff.
"Need" is a big word but banks help create the the structure that connects local commerce to regional and global markets. It's totally possible in the absence of banks but the functions are much harder to do by individuals.