/biz/ - Business & Finance

>>49887445
>its electronic peer to peer money
What is digital banking?
>you can use it online without needing a bank account
Ok, that's kind of neat I guess. Wait, why is having a bank account a bad thing?
>inb4 because the government can take money from it
Yeah, that's good. Well, unless there's legitimate reasons why your money should be confiscated. For example, stealing someone's assets and claiming them as your own is probably a good reason to have your shit confiscated. Misrepresenting a product you sell is also grounds to have your shit confiscated. I suppose if you are in the business of being a lying con-artist, then having a system of irreversible payments would be in your best interest.

>>49887455
>most people still thinking you can't buy things directly with a crypto debit card is extremely bullish
Most people who say shit like this is extremely evident that crypto is just a worse-than-worthless scheme.

>>49887547
>No one mentions the top features of Crypto. CENSORSHIP RESISTANCE, CONTINUOUS PERMISSIONLESS SERVICE.
>CONTINUOUS PERMISSIONLESS SERVICE
So, basically slavery?
>THE PROBLEM I that finance and banks control what happens and it is A CLOSED FUCKING CIRCLE.
How is it a closed circle when there are multiple currencies, multiple exchanges, multiple money-printers, etc...?