Time To Take Out The Garbage (Banksters)!!
Coinbase CEO Brian Armstrong has outlined plans to build a Bitcoin super app, offering credit cards, payments and Bitcoin rewards to rival traditional banks.
This initiative is part of a broader vision to make Coinbase a primary financial account for users, addressing issues like high transaction fees in the current banking system.
Coinbase CEO Brian Armstrong has said his company’s most ambitious vision is to replace traditional banks by turning Coinbase into a full-service Bitcoin “super app.”
Speaking during a recent interview with Fox Business, Armstrong confirmed the company’s plans to offer a full suite of financial services, from payments to credit cards and rewards, all powered by Bitcoin rails.
“Yes, we do want to become a super app and provide all types of financial services,” Armstrong said. “We want to become people’s primary financial account and I think that Bitcoin has a right to do that.”
The Problem With Traditional Banks
A bank is a special kind of company because of its funding model. Compared to normal companies, banks:
Borrow much more money. JPMorgan Chase & Co., for instance, has $4.36 trillion of assets and $4 trillion of liabilities; 92% of its financing comes from debt.
Remainder Of The Article: Vietnam Banks Close 86 Million And Thailand Banks Close 3 Million Customer Accounts:


DPL
Vietnam Banks Close 86 Million And Thailand Banks Close 3 Million Customer Accounts - DPL
Thailand’s Citizens Are Waking Up To Frozen Bank Accounts: Bitcoin Anyone? Vietnam Banks Close 86 Million And Thailand Banks Close 3 Million Cust...




















