> From the get go, Bitcoin supporters like Hal Finney envisioned "Bitcoin Banks" that provided access to the Bitcoin blockchain to the masses who can't afford to use it directly.
So we replace a (in-theory democratically accountable) central bank with a cabal of banks?
How is this better? This is like replacing the Federal reserve with the agreements of LIBOR traders.
So we replace a (in-theory democratically accountable) central bank with a cabal of banks?
How is this better? This is like replacing the Federal reserve with the agreements of LIBOR traders.