The battle between cryptocurrencies and traditional banking systems is one of the most talked-about financial debates of our time. As digital finance continues to evolve, more people are asking: Is crypto the future of money , or will traditional banks continue to dominate? This article breaks down the strengths and weaknesses of both, exploring where each stands in the race for the future of finance. 🏦 What Is Traditional Banking? Traditional banks are financial institutions like JPMorgan Chase, Bank of America, and your local credit union. They manage money by: Holding customer deposits Offering loans and credit Facilitating payments and wire transfers Acting as intermediaries between customers and markets Traditional banking is heavily regulated , centralized , and has existed for centuries. 🌐 What Is Crypto? Cryptocurrency refers to decentralized digital money that operates on blockchain technology — such as Bitcoin , Ethereum , and stablecoins . Crypto pla...
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