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.
I do not think banks are moving past Blockchain as it is at the center of every discussion and discussion that involves the banning of Bitcoin. The ripple is one of the special Altcoin because a bank uses it as a kind of stock, but the CEO of the ripple has accused of manipulating its price.