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> You need to download and install software to use current cryptocurrencies. And users hate that. People already trust companies with their money. If banks sup
by cameronbrown 7y ago
> You need to download and install software to use current cryptocurrencies. And users hate that.
People already trust companies with their money. If banks supported crypto natively the no-install/web app model works great. The last three points are rendered irrelevant here if banks are able to make the experience easy and guarantee some value.
Those who don't want the protection of a bank are trading off points 1/2/4 for point 3.