Aug 23, 2017 · 1 min read
May not be always true. I think the prime reason is not that we need someone else to trust each other.
The prime reason people started storing money in a bank was because of security reasons and sense of saving what they have earned.
So we store money on a 3rd party as we feel it to be safe and then use the transferring service because it’s easy as compared to manual transfer which may not be always possible.
Something that can fit here easily is Online wallets.
