Post
Topic
Board Bitcoin Discussion
Re: Why many banks hate cryptocurrency ?
by
Jundel2018
on 27/05/2018, 02:58:28 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 ?
Some banks have cryptocurrency because they have not been able to control these virtual currencies and they are afraid they will make them more confused and lose control over them so they are afraid of cryptocurrency.


Some banks are afraid the cryptocurrency may bloom because they may lost consumers since its easy to access the cryptos. Unlike bank that you should visit there bank store while in bitcoin you just have to log in your phone with your address and private key and you can sell, trade and keep your digital money.