BTC maximalists argue that it’s a better store of value than gold due to portability, divisibility, durability, and scarcity. The theory is that it will be used to settle inter-bank transactions once it is widely adopted by institutions.
>The theory is that it will be used to settle inter-bank transactions once it is widely adopted by institutions.
Banks have absolutely not need of a proof of work scheme like Bitcoin, them switching to a system with the power requirements of BTC seems highly unlikely.
