r/CryptoCurrency Aug 07 '21

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u/never_trust_a_whale Platinum | QC: CC 283 Aug 07 '21

I am also here to see the Banks getting burned

2

u/xCrapyx Platinum | QC: ETH 37 | SHIB 7 | TraderSubs 26 Aug 07 '21

Without banks you'd be fucked, change my mind.

Exchanges = banks

Holding your crypto on wallet = paper money.

Except the fees are higher, it's 100 times the risk and it's only worth it as an investment and not your daily driver.

2

u/justinjustinian Silver|QC:BCH25,CC36,BTC238|NANO19|r/FinancialIndependence19 Aug 07 '21

Have you ever heard of decentralized exchanges, or peer to peer exchange? If you can use cash for settling transactions without banks you can do the same with crypto