We saw in the news earlier that about 10 strongest and biggest banks in the world are preparing to launch the phase 2 of their own blockchain cryptocurrency project,which first launched in 2015, which is said to aid them in settling transactions over blockchain.
Luigi wewege also said that the coin has the power to blow off other cryptocurrencies, especially the most rival of all coins bitcoin out of the market.
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https://zycrypto.com/banks-going-kick-bitcoin-new-coin/i only can said wow it should be a big plan from the banks the trying conquer the crypto currency and have a plan to kick out bitcoin from us. i think if we see the people society and their conditions, people now become smart and wants to know about something new and they want to learn so if the biggest banks really wants to beat bitcoin, then i think people will decide which one they want to use and they will compare between bitcoin and the new coins from the banks. but i don't think that the new coins from the banks will defeat bitcoin and only time will give the answer.