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For most people this has little value. The centralised banking model is cost efficient and for most people trust isn't an issue. The modern world runs on trust.

Also if I want to trade anonymously there is always cash ( as least for now ), which is a simple, well understood, near universally accepted mechanism.

There are niches where decentralized banking is useful - but they are niches - and many of them are associated with dubious activity.

On top of that the current tech plaforms simply don't scale - the cost of replacing simple trusted parties with technology is huge.



> For most people this has little value

for most people in the US or the world? i think everywhere banks rank amongst the most disliked institutions


Blockchain asks the question: what if you couldn't regulate the banks through democracy?

Which would imply that people love banks and want them to be even more powerful.


ok


That doesn't make being "not a bank" valuable.




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