Israeli PM: Bitcoin Could Replace Banks

in #bitcoin7 years ago

Israeli PM: Bitcoin Could Replace Banks

In a YouTube video from Dec. 12, PM Netanyahu stated that banks are destined to disappear -- cryptocurrency could take their place.

Read more: cointelegraph.com

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If bitcoin replaces banks, how would we cash our monies to local currencies when we trade bitcoin?

gE8hDnY.jpg

Tether is the biggest 'ICO' in Bitcoin. Allegedly Tether has now had over 1 BILLION DOLLARS placed into the tokens which... are not redeemable for money, not audited, and nobody knows what bank this money is in or even the jurisdiction.

Oh and the website? It doesn't work.

new idea that BTC could replaced Banking, but in my 2 cent opinion the idea is not so good as crypto currency may drastically loose its value. any way all the best to BTC holders. nice sharing @cryptonized

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