Bitcoin is a currency that has gained a lot of enemies. Companies that want to operate using the virtual currency struggle to create bank accounts, as a result. Especially, Banks and other financial institutions are seeing it a threat to their existence, because big transactions and fund transfer and investment are also possible via bitcoins right now.Banks and financial institution are thinking that their business is going to be scaled down. This type of phobia is meaningless.If banks & financial institutions become bitcoin exchanger and allow bitcoin as medium of transaction, their business will be scaled up.