Analog Banking System vs Blockchain: Outdated Control

Modern financial systems built on a permissioned approach are becoming obstacles for citizens who want to freely manage their funds. Interaction between banking systems and cryptocurrency exchanges, such as Binance, is often accompanied by lockouts, demands for documentation, and constant checks.

The state interferes too deeply in the private lives of citizens, creating the impression that every user is suspected of money laundering or other illegal activities.

The problem is that the vast majority of users do not break the law but are forced to prove their innocence. This practice is a result of an outdated banking system, where any movement of funds requires prior approval. Such a model no longer meets the demands of the times, especially against the backdrop of accessible technologies offered by the blockchain industry. #TCPct #TCPcr