Post
Topic
Board Bitcoin Discussion
Re: The recent price rise is really bad news for Bitcoin
by
criz2fer
on 10/12/2017, 20:57:46 UTC
I dont know guys. I dont think the banking industry even cares about bitcoin. Recently, my work put me in contact with the Head of Czech National Bank and naturaly I have asked about bitcoin. He did know what bitcoin is, but his knowledge was limited. He was of the opinion that its irrelevant and that it has no future in public finance. I know that Czech Republic is not the most economicaly strong country, but I think it might be similar else where.

The Banks want Cryptos dead, its direct competition to them. Why would you want to pay a 10$ for an international wire payment, when you could send some ___coin instead?
Of course banks really cares, a lot of users are really wanting to invest in bitcoin rather than investing in bank which gives you just a bit profit. It casuses a big impact to them the money circulation that must be for them is now in bitcoin so they are really manupilating it.
Actually banks already made their own application for faster mode of payments like blockchain. But knowing the fact that they are limiting it to invest on bitcoin . Lets go bank to the topic. The buying of bitcoin really rockets because of low selling of bitcoin which I also think that many people are expecting for bitcoin to increase its price more by the end of the year.