Why banks hate bitcoin... And why we no longer need them...
What banks can do better than bitcoin. If bitcoin also have almost all features of banks. Only must have an internet and you can use bitcoin already.
And bitcoin has faster transactions than the bank and more secure I guess.
they hate because they know bitcoin can give them threat,bank afraid all people start leaving bank and choose bitcoin for their payment and investment,and this year they scared this is gonna happen.
If banks really afraid from bitcoin then yes it will be that only reason that do not want to lose their users who keep their money in banks, as if everyone leaved banks then they will not earn that amount which they earn from their customers.