Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
JoshuaBoyd954
on 24/01/2018, 09:56:32 UTC
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature  of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

If I own a bank, I will be issuing the same warning. It is obvious because crypto currencies or digital currencies that we know of don't need banks, we can save them without their help. When you think of it, if bitcoin, for example become stable, they will be using it for sure, so the money that is entering the banks will stop because as I said, digital currencies can be saved without banks.

Actually banks are financial organization, they will not appritiate any activity or transaction which can reduce their business so it should not be worried about these announce. Banks are ethically not support these type of transaction..