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 ?
The reason why many banks hate cryptocurrency and banned it rather than to use it because they see it us competitor for them. Now a days the population of bitcoin is spreading around the world. And the transaction of bitcoin is in demand. People choose bitcoin because it is easy to transact without a lot of papers to be presented. Unlike banks in order to make the transaction success you must present a lot of papers.