Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
pisston
on 16/07/2017, 12:34:51 UTC
Bitcoin is a new age more disruptive than that of today’s Internet. Disruption can be a good thing, especially when it affects banking, a failing set of business models which, for all the tweaks, have been virtually unchanged for millennia. Paradoxically, some banks are afraid of Bitcoin because it would force them to innovate.Bitcoin is but the most famous example of an emerging technology network with the potential to improve banking. It belongs to the new type of financial animal called cryptocurrencies,decentralized, secure money storage and money transfer enabled by the Internet.
To date, the whole popularity of Bitcoin depends only on the fact that a new user needs earning opportunities. It is this degree of popularity among users is very active. So I'm also very grateful to the Crypto currency and especially Bitcoin for the opportunity to earn. It was thanks to Bitcoin that I became more financially independent and more self-confident.