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by stream_fusion 4155 days ago
> Anybody that thinks the banking system is going to let a decentralized service pull money out of people's bank accounts...

I don't think that's completely clear. There will certainly be co-ordinated resistance from many entrenched interests, but that resistance also creates a profit-opportunity to break ranks to provide the service to customers who want it. It's more likely we'll see a split amongst banks and their policies to digital/alternative banking services.