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RANDALL1762
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Crypto vs traditional banking system: real pros and consThere's always talk about how cryptocurrencies are going to replace banks. But neither crypto is perfect nor are banks entirely bad. In this article, I’m giving you a real and honest comparison between both systems. Aspect 1: Who controls the money. Traditional banks: The government and the central bank control the issuance and the rules. They can print more money whenever they want, which causes inflation. Cryptocurrencies: Bitcoin has a fixed cap of 21 million. No one can print more. Ethereum and others have clear rules written in code, but sometimes they get modified by consensus.

Crypto vs traditional banking system: real pros and cons

There's always talk about how cryptocurrencies are going to replace banks.
But neither crypto is perfect nor are banks entirely bad.
In this article, I’m giving you a real and honest comparison between both systems.
Aspect 1: Who controls the money.
Traditional banks: The government and the central bank control the issuance and the rules.
They can print more money whenever they want, which causes inflation.
Cryptocurrencies: Bitcoin has a fixed cap of 21 million. No one can print more.
Ethereum and others have clear rules written in code, but sometimes they get modified by consensus.
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