Since the inception of digital currencys starting with the creation of Bitcoin by Sensei Satochi in January 2009.
Bitcoin was created Satoshi Nakamoto and not Sensei Satochi
My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
It is not possible for bitcoin to erase commercial banking sector, because that was not what bitcoin was created for. Bitcoin was created to be an alternative currency to fiat, and not to take over fiat. The volatile nature of bitcoin and the limited supply makes bitcoin not capable to take over from fiat. However, bitcoin is decentralized in nature, making it impossible for government to accept it and get rid of their fiat currency. Fiat is centralized and been controlled by the government, they print more money when they feel like, and use it to manipulate the system.
Bitcoin can only become the number one most profitable investment in future, and investors will see it as safe haven.
Lol, you don't get it, he knew the Bitcoin creator's full name but saying sensei means master satoshi, he is just hyping the whole thing up.
I think that till the end of time, banking system and bitcoin can never walk on the same path, the banking system is free to make money off bitcoin in their own way but Bitcoin is not created to replace any centralized gap.
Not the banking system, not the centralized money or fiat, unless there comes a way where centralized entities are neutralised, which is not possible.
The government can only be either friendly with what they can control or what they can make money from, problem is they can't find their way with Bitcoit's its why I called it the first innovation that works as intended without the approval of the centralized authorities.
