‘Wall Street’ Doesn’t Need Bitcoin; Bitcoin Doesn’t Need ‘Wall Street’

Date:

But before that, I need to level for clarity’s sake (and to get something off my chest): There’s an inherent ideal in Bitcoin that claims the existence of bitcoin will make all financial institutions obsolete. The idea is that the decentralized, peer-to-peer, outside money that is bitcoin will make all banks, asset managers, trading desks, brokerages, central banks, money managers and corporate lenders disappear. I don’t subscribe to that idea whatsoever.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Sam Bankman-Fried Seeks Right to Transfer FTX's Crypto

Lawyers for the bankrupt crypto exchange's founder said...

Stablecoin Economy Sheds Another $3 Billion in 44 Days – Altcoins Bitcoin News

The stablecoin economy continues to deplete as more...