The flagship cryptocurrency, Bitcoin, was created with the goal of disrupting the traditional financial system. In support of this, Best-selling Author and Clinical Psychologist Jordan Peterson has suggested that customers should abandon the banking system and probably adopt Bitcoin. Jordan Peterson Says Bitcoin Over Banks Peterson was making this suggestion in response to a news report that Macquarie Bank, Australia’s fifth largest bank, was planning to transition to a digital-only banking system by November 2024. In line with this, the bank will begin phasing out cash, cheque, and phone payment services as part of its offerings. Related Reading: Ethereum Merge Is One: Here Are The Highlights So Far The psychologist quoted the report and stated, “Maybe it’s time to scrap Banks,” and further quizzed, “Could Bitcoin fix this?” Maybe it’s time to scrap Banks Could Bitcoin fix this? https://t.co/j6wldXMv7P — Dr Jordan B Peterson (@jordanbpeterson) September 14, 2023 For one, Macquarie Bank’s decision has been widely criticized as it potentially excludes certain customer groups. Furthermore, this move also highlights one of the problems that ..
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