Quote from: secondgarlic on February 16, 2018, 12:08:06 PM

How surprising:) I thought banks were saying that bitcoin was a scam and that it would crash and burn? Well what do you know.

If anything, this should show everyone how legitimate cryptocurrencies are. The established players are speaking against it, but at the same time they are getting ready to go in once the wind starts blowing in the other direction. How hypocritical of them, but it shouldn't be surprising really.

Exactly, They are the first recipient Blockchain, the underlying technology behind bitcoin that's why I really find it sad that they have been bashing and attacking bitcoin ever since. But if you look closely the same technology that powered bitcoin is the same technology that they are looking at to improved the banking system.

Quote from: aso118 on February 16, 2018, 06:35:55 AM

Banks may rail against Bitcoin, but they are quietly pushing ahead on adopting blockchain. Implementing new technology won't be easy for the established banks, given their legacy systems and the huge amount of data which would have to be migrated. But banks (including Bank of America) would still like to sit on these patents.
The patents cornered by Craig Wright seem to be a joke to me. He seems to be trying to make up for not being accepted as the real Satoshi.

They are going to adopt bitcoin for sure because like I said, it will eliminate their paper works. And thru the ledger, banks and their branches can easily share information seamlessly. It may take time to migrate their legacy system, but if it will improved their business and cost wise then I say they will go for it.