Hacker News new | ask | show | jobs
by jcranmer 1772 days ago
> The entire point of cryptocurrency is precisely to enable bank-like services without bank-like obligations, to enable individuals to be their own bank and manage their own money if they want to.

From what I understand of the actual cryptocurrency markets, very few people are actually interested in being their own bank. A lot of the cryptocurrency industry seems to be structured around providing bank-like services to cryptocurrency users.