Post
Topic
Board Bitcoin Discussion
Re: Why many banks hate cryptocurrency ?
by
google98
on 21/05/2018, 06:33:05 UTC
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 ?

Banks do not like the crypto currencies because they are decentralized and banks are losing their influence on the money. But as a whole, more and more banks are turning to blockchain technology, and in particular the centralized Ripple.