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 answer is very simple because they had that fear that bitcoin might replace them. One of the main reason is the creation of bitcoin. It is to replace the banks. And nowadays, a huge transaction was already made with the help of bitcoin in transferring a huge fiat of large distance in a more east way. And transferring the equivalent bitcoin in just a short period of time.