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 ?
Because bitcoin lessens their investors. Many of them. Switched to investing in bitcoin and it lessens their profit as they make money using people's money to release loans and make profit from interest.
in fact they are competitors . more and more people are transnationally transferred through bitcoin . people no longer complete it through the bank . and it is fast and cheap , compared to banks .