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 hate bitcoins and want it to be banned because they fear that after examining bitcoins people would definitely shift to bitcoins and start using it , the advantages it offers to people is way more than enough for people to switch to bitcoins.
The privacy level is more , no one can see the amount we hold in our wallets, people won't need banks to handle their savings, now they won't need to follow the regulations of banks for keeping their earnings.