It is true that the crypto-currencies will become a challenge for the existing fiat currencies due to many reasons. But my view is banks must not consider it as a threat and they should transform their business model to adopt crypro-currency as a part of their business. What is your opinion in this reagrd?
I think you right. Some of the Banks in different countries are losing what they can, because they do not regulate Bitcoin. And it goes to their minds that it's going to be a threat to their fiat currencies that we know it's unlikely that digital currencies would not replace the fiat currencies that existed until now and even in the future.