Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
bingbong123
searching PlanetScale…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
4 ms
·
1.
▲
by
bingbong123
6y ago
I've walked into many semi-empty downtown brick and mortar banks with 5-10 idle employees, you want to continue paying that "innefficiency tax" in every transaction/loan/wire/credit-card/etc...? I don'
2.
▲
by
bingbong123
6y ago
Why not? Do you think every financial service offered by traditional banks can't be coded and made more efficient using internet-native money (bitcoin)? If so, what services can't? People already use BTC as collateral for loans&#x
3.
▲
by
bingbong123
6y ago
Transparent monetary policy for 100+ years hard coded... No secret fed meetings about policy that give large banks a permanent information advantage while the rest of the population is left in the dark and forced to plan in 4 year(if your l
4.
▲
by
bingbong123
6y ago
"Think of the children" when all other arguments fail. Kids would benefit if their parents' savings in USD wasnt debased at an accelerating rate aka 50% loss of purchasing power every 8-10 years (soon to be 5-10 years).
5.
▲
by
bingbong123
6y ago
>To begin with, the "banking system" includes an enormous amount of services that Bitcoin doesn't provide (loans, mortgages, securities), and retail banks are part of that as well. This may be a lack of imagination on your