Post
Topic
Board Economics
Re: Banks admit they fear BTC
by
Rollkal
on 12/05/2018, 06:19:14 UTC
Preach! Governments and banks fear crypto currencies because it's money from thin air! Banks fear it because ot means less will be investing on them and more on crypto currencies. Governments fear it because aside from banks controlling them, which they are, crypto currencies have no taxation laws yet aside from income taxes.
This is absolutely correct, they are afraid of the MOF because the MOF has attracted a lot of investors, they abandoned the bank to move to BTC business, and some organizations need capital to raise capital through the ICO program. Not paying attention to banking as before, perhaps in the future the bank will be frozen completely.