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bingbong123

HN member
Joined
Sun, Dec 06, 2020, 2:44 PM UTC
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Public activity
5 items

About bingbong123

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Recent public activity

  1. comment
    Comment #25323922

    I've walked into many semi-empty downtown brick and mortar banks with 5-10 idle employees, you want to continue paying that "innefficiency tax" in every transaction/loan/wire/credi…

  2. comment
    Comment #25323863

    Why not? Do you think every financial service offered by traditional banks can't be coded and made more efficient using internet-native money (bitcoin)? If so, what services can't?…

  3. comment
    Comment #25323829

    Transparent monetary policy for 100+ years hard coded... No secret fed meetings about policy that give large banks a permanent information advantage while the rest of the populatio…

  4. comment
    Comment #25323809

    "Think of the children" when all other arguments fail. Kids would benefit if their parents' savings in USD wasnt debased at an accelerating rate aka 50% loss of purchasing power ev…

  5. comment
    Comment #25323784

    >To begin with, the "banking system" includes an enormous amount of services that Bitcoin doesn't provide (loans, mortgages, securities), and retail banks are part of that as well.…