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Author Topic: [2016-04-20] How Bitcoin and Blockchain Can Avert Systemic Bank Collapses  (Read 266 times)
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April 20, 2016, 06:04:38 PM
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How Bitcoin and Blockchain Can Avert Systemic Bank Collapses

Since their inception, banks have been a systemic risk to the economic well-being of nations. Their crucial role in clearing, processing and creating money, the financial lifeblood of the economy, ensures efficient trade between specialized producers or service providers. Their failure to perform such a role would trigger national and global crisis, if not devastation.

https://bitcoinmagazine.com/articles/how-bitcoin-and-blockchain-can-avert-systemic-bank-collapses-1461170796

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