is crypto inspired by the bank?

[ayatoslaw]

I always ask, is it true that Crypto was inspired by the bank, because the bank system is a centralized system, so Sensei Satoshi Nakamoto made bitcoin and the blockchain concept with a year-end hold method.
and this is where all of them start and mushroom.

[Zed0X]

I think we can safely say that one of the inspiration why bitcoin was created was to compete or possibly replace the banking system. It is also one of my main talking points when explaining bitcoin to non-crypto friends.

[tamango]

Bitcoin has the exactly opposite purpose of banking system which is centralized. Bitcoin and blockchain aim to create a valid alternative payment system which is decentralized so it cannot be manipulated or limited by any government or institution

[dragononcrypto]

It's the idea of going from third-party banks to self-banking, such as private keys of cryptocurrency safe as an alternative to depending on corporate banks.

[DogeTalk]

I also think like that. is there another reason why you can say that crypto adopted a bank system? I am interested in discussing your opinion.

[Dinid]

Might be like that, why mr. Satoshi Nakamoto (I don't know his/her real name) was inspired to found bitcoin and blockchain.
We know Blockchain is related to money/fund, digital, payment, banks, financial , technology, anonymous, traceable, transparent, and others. That is clue.
So, not only banks that was be the inspiration.

[alfatih99]

it's true and I also feel like that that bitcoin is very inspired by banks, and bitcoin aims at financial freedom that anyone can have, and bitcoin will definitely increase by the end of this year.

[Doctor]

I always ask, is it true that Crypto was inspired by the bank, because the bank system is a centralized system, so Sensei Satoshi Nakamoto made bitcoin and the blockchain concept with a year-end hold method.
and this is where all of them start and mushroom.

Maybe It is true. Crypto currency is inspired by the bank. But crypto is decentralized system, It is the future technogy, better than banks.

[damsix]

If we go back in time and see the Bitcoin 0.01 USD price then I definitely made Bitcoin created to make transactions without fees or taxes.
We can see Bitcoin transactions here: https://www.blockchain.com/id/explorer, only a little bitcoin is used for shipping costs and no taxes.

The bank is centralized and lots of fees and taxes.

[Alpha]

I think so. Actually banks and bitcoin system quite have some similarities like investment for long time, holding, saving method. There is also differences like bitcoin is decentralized and digital, while banks is actual transaction fiat and it is centralized.

[Pupus]

we know that cryptocurrrency is supported by blockhain technology. where blockhain technology is a sophisticated and also profitable technology. blockhain technology principles are also same with the banks.

[Zurcemozz]

i think Satoshi-san have a bad feelings to the bank because of the transaction is so slow that he build his own money  XD

[Speaker]

I think so. Actually banks and bitcoin system quite have some similarities like investment for long time, holding, saving method. There is also differences like bitcoin is decentralized and digital, while banks is actual transaction fiat and it is centralized.

In fact, many banks and payment systems are introducing blockchain technology and many advantages of cryptocurrencies.I do not think that the mass will appear cryptocurrency banks,I doubt it.

[sampoerna]

Maybe I like that. But that's all that knows is Satoshi Nakamoto's Sensei. Because he created Crypto, especially Bitcoin. It is true that banks actually use a centralized system while Crypto uses the Blockchain technology system which means Decentralization. In other words, this can be the way to fight.

[Crypto Prime]

It can be. But in my opinion the creator of bitcoin is more focused so that bitcoin can become an easy, cheap and fast global payment. And that cannot be done by fiat currency.