HomeCrypto'Wall Street' Doesn't Need Bitcoin; Bitcoin doesn't need Wall Street

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

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But before that, I need to change the level for clarity (and to get something off my chest): Bitcoin has a peculiar ideal that claims that the existence of bitcoin will make all financial institutions obsolete. The idea is that a decentralized, peer-to-peer, foreign currency that is bitcoin will eliminate all banks, asset managers, trading centers, brokers, central banks, money managers and corporate lenders. I do not agree with this idea at all.

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