Re:Man who robbed bank to get his own money back hailed as n...
by canadaduane on Saturday August 13, 2022 @07:34PM
(#32454794)
It solves the initial problem of "how do I get my money out of the bank" because you ARE the bank (sort of). BTC doesn't directly solve the problem of liquidity, exchange to other currencies, etc. however.
[ Parent
| on HN ]
Re:Man who robbed bank to get his own money back hailed as n...
by Sebb767 on Saturday August 13, 2022 @10:32PM
(#32455806)
> It solves the initial problem of "how do I get my money out of the bank" because you ARE the bank (sort of).
Unless you use an exchange, which a lot of people do. You don't have to, of course, but you could also keep your savings in cash - which would not only avoid the above problem, but also rid you of the need to exchange it.