Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
imstillthebest
on 18/02/2018, 08:36:34 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!
I think Banks are worried about the impact of bitcoin on it. When people invest their money in bitcoins, there will be less and less money going into Banks. So Banks have been opposed to bitcoin.
Sure they are worried in terms of investment but not all people do invest in bitcoin because majority of people are still scared to it. Most people are still brainwashed in the false statement or negative feedbacks about bitcoin , that is why majority of the population will still stick on banks because banks are indeed legit and secure because they have a physical office. Unlike to bitcoin that is only digital and you can only see digits or numbers.