News for hackers. Stuff that matters.
Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by tim333 on Tuesday April 13, 2021 @04:43AM (#26789695)
>What do I need a stock broker for?

You still have that stuff with crypto, just crypto exchanges not stock exchanges.

>What do I need a bank for?

Banks do two main things - taking savings and lend that out as mortgages. Crypto has been no good at part two.

Basically most financial services would still exist if in modified form.

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by bingbong70 on Wednesday April 14, 2021 @08:35AM (#26806194)
P2P loans already exist and are only becoming more competitive as the market grows. This (Bitcoin) will cause a complete disruption of the financial system given enough time.