Bitcoin and the Banking Industry

Can they coexist peacefully?

Photo by Jack Cohen on Unsplash

In some ways, Bitcoin can be considered a bank. After all, it provides a plethora of financial services in a permissionless, decentralized, and secure way.

This is not difficult to see once you study the technology behind the crypto asset, but obviously, most bankers refuse to acknowledge this fact and rather live in denial until they retire or until it…