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Reminder: Digital Cash Doesn’t Need a Digital Bank - Dash Force News

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Mark Mason

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Reminder: Digital Cash Doesn’t Need a Digital Bank - Dash Force News



Why we don’t need a bank anymore
Let’s take a moment to think about why people started using banks to hold their money to begin with. First and foremost they were a method of safe storage, since the thick walls of a bank vault are much harder to breach than your mattress. Second, banking services provided a better way to send and receive money than having to physically transport bags of cash to wherever you want money to go. To summarize, for the average user banks made it easier to securely store money and send it around, especially over great distances.
 
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