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> But what will prevent banks from creating it out of thin air, just like they create Dollars and Euros? You seem to be missing some basic things about how Bit
by jstx1 4y ago
> But what will prevent banks from creating it out of thin air, just like they create Dollars and Euros?
You seem to be missing some basic things about how Bitcoin works. It's a network, and a majority of the network has to agree on any changes. You can't change it unilaterally. There's no mechanism for banks to issue Bitcoin.