The Case For A Bitcoin Credit Union

Bitcoin has grown impressively in the past few years, yet still faces a number of significant hurdles before widespread adoption becomes a reality. The lack of a centralized entity is one of Bitcoin’s core strengths, but lack of an accountable entity beyond every individual for storage of wealth will make many uncomfortable holding such a currency. Even simply exchanging traditional fiat for bitcoin remains a time consuming, expensive and confusing obstacle for many. In this article, we’ll explore how a decentralized credit union could solve those issues, as well as provide a series of other significant benefits to the bitcoin …