Read up on how international banking and specifically correspondent banking works[0]. There is a lot of counter party risk for banks in that process. Bitcoin

Read up on how international banking and specifically correspondent banking works[0]. There is a lot of counter party risk for banks in that process. Bitcoin or something like it would allow a system to be built that eliminated a lot of that counter party risk. [0] https://gendal.me/2013/11/24/a-simple-explanation-of-how-money-moves-around-the-banking-system/ https://gendal.me/2013/11/24/a-simple-explanation-of-how-mon...