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A comment on Ask HN: When will cryptocurrencies be currency?. Parent comment

Re:Ask HN: When will cryptocurrencies be currency? by taysic on Sunday July 02, 2017 @08:01PM (#14684977)
"In time this will change so you can just make Bitcoin payments from your checking account."

If Bitcoin could displace banks, what incentive do they have to displace themselves?

[ Parent | on HN ]
Re:Ask HN: When will cryptocurrencies be currency? by MarkMc on Sunday July 02, 2017 @10:00PM (#14685413)
Banks make money by borrowing from one person and lending to another at a higher interest rate. They can do this in Bitcoin just as well as in US dollars.
[ Parent | on HN ]