Bitcoin to Beat Banks as Half Predicted to Collapse in Economic Downturn

Bitcoin to Beat Banks as Half Predicted to Collapse in Economic Downturn – BeInCrypto

It has been suggested by consultancy firm McKinsey & Co. that half of the world’s banks are too weak to survive an economic downturn and that steps need to be taken to address this. On the other hand, it is near impossible for the decentralized financial system of Bitcoin to collapse in the same manner.