Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
djalmasantos
on 06/03/2018, 09:30:07 UTC
They are afraid of digital currencies because it is decentralized. Government transactions must be monitored and if digital currency takes place then it would cause a disruption in the economy. Digital coins is not made for those kind of stuffs and that is what the bank fears. Technology is uprising and there are countries who have adapted digital currency. Adapting it won't just affect that country's system bur other countries as well.