I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?
What the Chinese is only the beginning. There is no doubt other countries and regions will start to impose restrictions. This is the natural flow of events revolving around concepts and ideas that threaten the status quo. It is quote surprising that it has been allowed to reach the levels it already has. Most people are prepared for a lot more volatility in these markets as a result.