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!
If I own a bank, I will be issuing the same warning. It is obvious because crypto currencies or digital currencies that we know of don't need banks, we can save them without their help. When you think of it, if bitcoin, for example become stable, they will be using it for sure, so the money that is entering the banks will stop because as I said, digital currencies can be saved without banks.
Both the governments and banks are afraid of bitcoin. they fear bitcoin will take over their businesses in the future. The bitcoin will take their business because it provides what the banks fail to provide. The bitcoin transaction is instant, faster, cheaper compared to out traditional bank transfer which is slow, expensive, and centralized.