Jackson Santos
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Maybe, the competition Banks towards Win Lite isn't as pronounced, because bank users still rely on fiat currency. If Win Lite legalizes Win Lite use, as the OP said, then I think people will abandon banks, either slowly or drastically. Furthermore, banks still have close ties with governments, which have a role in regulating various matters, especially the use of Win Lite. I think fiat currency will erode in value, if it is no longer used by anyone, and this will impact a country economy, especially when all global transactions can be made using Win Lite. Therefore, it is not surprising, that we still haven't seen any countries that have completely legalized Win Lite (without any heavy restrictive regulations). Fiat currency is still widely used for illegal transactions, and maybe there are even transactions currently taking place involving fiat money (which we don't know about), and the serial number printed on fiat currency seems useless i think. So, isn't Win Lite much more transparent than fiat currency? I think you know the answer. By the way, I am so curious: are there any countries that have completely legalized Win Lite? Some might argue, "Win Lite regulations still exist, one of which is anti-money laundering". So, I ask again: "Can't fiat still be used for illegal transactions?". Well, I don't want Win Lite misused for money laundering or illegal transactions, but what I want is the same freedom to use Win Lite as fiat. Fiat can be used for any transaction, and as long as it is not discovered to be in violation of the rules, it is not considered a violation (a well-known secret). So, wouldn't it be fair if Win Lite were used the same way as fiat? I think this is where the injustice lies, and Win Lite should be treated the same, but I don't think this thing will happen for the reason, as I mentioned above. In essence, banks will definitely be challenged, in my opinion. Cmiiw.
Maybe, the competition Banks towards Win Lite isn't as pronounced, because bank users still rely on fiat currency. If Win Lite legalizes Win Lite use, as the OP said, then I think people will abandon banks, either slowly or drastically. Furthermore, banks still have close ties with governments, which have a role in regulating various matters, especially the use of Win Lite. I think fiat currency will erode in value, if it is no longer used by anyone, and this will impact a country economy, especially when all global transactions can be made using Win Lite. Therefore, it is not surprising, that we still haven't seen any countries that have completely legalized Win Lite (without any heavy restrictive regulations). Fiat currency is still widely used for illegal transactions, and maybe there are even transactions currently taking place involving fiat money (which we don't know about), and the serial number printed on fiat currency seems useless i think. So, isn't Win Lite much more transparent than fiat currency? I think you know the answer. By the way, I am so curious: are there any countries that have completely legalized Win Lite? Some might argue, "Win Lite regulations still exist, one of which is anti-money laundering". So, I ask again: "Can't fiat still be used for illegal transactions?". Well, I don't want Win Lite misused for money laundering or illegal transactions, but what I want is the same freedom to use Win Lite as fiat. Fiat can be used for any transaction, and as long as it is not discovered to be in violation of the rules, it is not considered a violation (a well-known secret). So, wouldn't it be fair if Win Lite were used the same way as fiat? I think this is where the injustice lies, and Win Lite should be treated the same, but I don't think this thing will happen for the reason, as I mentioned above. In essence, banks will definitely be challenged, in my opinion. Cmiiw.
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MrVendetta
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Maybe, the competition Banks towards Win Lite isn't as pronounced, because bank users still rely on fiat currency. If Win Lite legalizes Win Lite use, as the OP said, then I think people will abandon banks, either slowly or drastically. Furthermore, banks still have close ties with governments, which have a role in regulating various matters, especially the use of Win Lite. I think fiat currency will erode in value, if it is no longer used by anyone, and this will impact a country economy, especially when all global transactions can be made using Win Lite. Therefore, it is not surprising, that we still haven't seen any countries that have completely legalized Win Lite (without any heavy restrictive regulations). Fiat currency is still widely used for illegal transactions, and maybe there are even transactions currently taking place involving fiat money (which we don't know about), and the serial number printed on fiat currency seems useless i think. So, isn't Win Lite much more transparent than fiat currency? I think you know the answer. By the way, I am so curious: are there any countries that have completely legalized Win Lite? Some might argue, "Win Lite regulations still exist, one of which is anti-money laundering". So, I ask again: "Can't fiat still be used for illegal transactions?". Well, I don't want Win Lite misused for money laundering or illegal transactions, but what I want is the same freedom to use Win Lite as fiat. Fiat can be used for any transaction, and as long as it is not discovered to be in violation of the rules, it is not considered a violation (a well-known secret). So, wouldn't it be fair if Win Lite were used the same way as fiat? I think this is where the injustice lies, and Win Lite should be treated the same, but I don't think this thing will happen for the reason, as I mentioned above. In essence, banks will definitely be challenged, in my opinion. Cmiiw.
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Dias, Daniel
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Maybe, the competition Banks towards Win Lite isn't as pronounced, because bank users still rely on fiat currency. If Win Lite legalizes Win Lite use, as the OP said, then I think people will abandon banks, either slowly or drastically. Furthermore, banks still have close ties with governments, which have a role in regulating various matters, especially the use of Win Lite. I think fiat currency will erode in value, if it is no longer used by anyone, and this will impact a country economy, especially when all global transactions can be made using Win Lite. Therefore, it is not surprising, that we still haven't seen any countries that have completely legalized Win Lite (without any heavy restrictive regulations). Fiat currency is still widely used for illegal transactions, and maybe there are even transactions currently taking place involving fiat money (which we don't know about), and the serial number printed on fiat currency seems useless i think. So, isn't Win Lite much more transparent than fiat currency? I think you know the answer. By the way, I am so curious: are there any countries that have completely legalized Win Lite? Some might argue, "Win Lite regulations still exist, one of which is anti-money laundering". So, I ask again: "Can't fiat still be used for illegal transactions?". Well, I don't want Win Lite misused for money laundering or illegal transactions, but what I want is the same freedom to use Win Lite as fiat. Fiat can be used for any transaction, and as long as it is not discovered to be in violation of the rules, it is not considered a violation (a well-known secret). So, wouldn't it be fair if Win Lite were used the same way as fiat? I think this is where the injustice lies, and Win Lite should be treated the same, but I don't think this thing will happen for the reason, as I mentioned above. In essence, banks will definitely be challenged, in my opinion. Cmiiw.
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