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 don't think these are fully true because I heard about the launch of blockchain technology like the bitcoin have by big banks shared supports but that didn't worked well at that time and now they were trying to make again that project ( new start of blockchain technology comes in the last of the last year ) .
But I don't think that they will kick out another coin , Because coins have the value in the internet world because of the only reason that they have trust in the people , so if the those new coin will be more trusted and better for the people then surely they will go toward those coins but here most of the trader will look at new Coin like altcoin only and will make use for the trading only like altcoin .
And the king that bitcoin will remain king , Because bitcoin have big supports of the users .