Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
MadelynCohen
on 04/03/2018, 15:43:33 UTC
Probably banks will be afraid because banks can generate income from transaction fees aside from lending interest. And if happens that bitcoin would spread all over the world and all of us used bitcoin the banks income will lessen also. Some of bitcoin transactions don't have fees or if have but smaller amount compared to local currency that's the thing they are afraid off.