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by root_axis 3262 days ago
So what? Bank of America is a company that provides banking services as a business model, they are not a necessary aspect of fiat currency any more than coinbase is a necessity of bitcoin.
1 comments

Right. People are still going to have mortgages in a world where cryptocurrency replaces fiat money, assuming that we don't have much bigger concerns than electricity use. People are still going to need banking services. It's not like you can replace the whole banking sector with Bitcoin.