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>Those would be be the banks that cryptocurrency true believers think they are going to be replacing entirely, though, right? I am not sure how to answer here,
by eftychis 5y ago
>Those would be be the banks that cryptocurrency true believers think they are going to be replacing entirely, though, right?
I am not sure how to answer here, as I am not sure what people want at times. I think I have the same question as you. Banks, like some other financial entities, unsurprisingly are more complicated than the average enthusiast wants to admit.
>It needs an entirely new legal framework.
I can't disagree there. I think we ideally want a different legal framework with or without decentralized currencies. The incentives are not aligned however (in my opinion). The illicit activities are too good and too profitable.
> They will see that they are cryptocurrency funds and then permanently close my bank account.
If I may ask could you communicate to me (discreetly or here), which region has that approach? In the USA and (some of) EU to my knowledge and experience that is not the case. You tell them where the money is from and they are happy. I hope that is not an impolite of a question.