Video: Bitcoin Will End the Federal Reserve Currency Monopoly

[LiteCoinGuy]

Bitcoin Will End the Federal Reserve Currency Monopoly

https://www.youtube.com/watch?v=bnGCtV4LcRk

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[Amph]

this topic came in hand, because apparently banks for bitcoin are starting to grow, if they will end like regular banks, not much will change compared to the current monetary system, besides that at least we know that bitcoin's supply is limited...

https://bitcointalk.org/index.php?topic=1036727.msg11183518#msg11183518

[oblivi]

For this we need people to want to be their own banks (or use services like Xapo). At the end of the day, even if an objectively superior alternative to the massive global fiat scam exists like Bitcoin, we need people to stop being complete retards in order to get into Bitcoin for anything like that to take place.

[LazerSMS]

this is a bitcoin forum, but the majority of "normal" people that know about it are skeptics

[maku]

It's way to early in my opinion, to say that bitcoin will end Fed reserve currency monopoly. Btc is being recognized by new companies and institutions but legality is still uncertain in many countries. I can bet all my btc that governments all over the globe are thinking how to put their hands on bitcoins and if they fail to find a way they will try to figure some way to ban them.

[Erdogan]

Yep.

They don't know it, but yep.