Quote from: ajochems on May 19, 2018, 09:54:02 AM

Quote from: altcoinanalyst1 on May 19, 2018, 09:25:54 AM

I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?

Answer is very simple.They had a fear of bitcoin replace them.One of the base reason bitcoin creation is,to replace the bank .Now a days ,huge transaction is made with the help of bitcoin.To transfer huge FIAT of large distance take more time.But you can transfer equivalent bitcoin in 30 minutes maximum.

They fear nobody wants to use bank services as a place to transfer money or save money because using bitcoin and blockcain technology
makes all transactions safe, easy, transparent, fast and efficient. The cost used for the transaction is also cheaper than the conventional bank