Post
Topic
Board Speculation
Re: Will banks using bloackchain affect Bitcoin price?
by
uvt9
on 23/06/2015, 18:15:50 UTC
Banks using blockchain technology will raise awareness of cryptos, might bring more users into bitcoin, but not enough to move the prices. If banks use THE bitcoin blockchain, it will affect bitcoin price a lot, since they need to buy bitcoin to send transactions to the blockchain.

Using blockchain doesn't necessarily mean buying Bitcoin. The blockchain can be serve as trustless record ledger.