Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Bitcoin does not replace traditional banking even if you view it as a legitimate currency.


Why not? Do you think every financial service offered by traditional banks can't be coded and made more efficient using internet-native money (bitcoin)?

If so, what services can't? People already use BTC as collateral for loans/mortgages ...which are two of the riskiest activities traditional banks engage in.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: