Post
Topic
Board Bitcoin Discussion
Re: Why many banks hate cryptocurrency ?
by
noictib
on 26/05/2018, 20:30:26 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 ?
In actual bitcoin is a competitor for banks because before the existence of the bitcoin , banks were getting lot sir Investment easily from the people normally in banks but now after the entry of the bitcoin most of the people are thinking to make lots of earnings and making Investment in different different types of the altcoins and coins and that are leading into down in the amount of the money collection for the banking sector , so they don't want bitcoin in their business and also they are using therself technology of the bitcoin ( few banks are starting ) , so here bitcoin is better at its place but banks are not in favour because of Thier own need and worth making reasons .