Quote from: Incodium Coin on August 13, 2018, 04:41:57 AM

Up until the beginning of the year 2018 when the Korean government was threatening tighter regulations on cryptocurrency, banks had been some of the biggest investors in crypto. Most banks, like other institutions, are tapping into the potential that the blockchain technology has to aid them in servicing their customers.
Banking, as with other services or products is 'adapt or die'. Remember Kodak and all the dinosaurs that refused to change with times. Only banks that refuse to adapt can become obsolete. That said, while we embrace blockchain and crypto, it is worth noting that there are people who will NEVER be part of the crypto world, because they won't/or can't. For them, the banks will continue to exist.

Yeah exactly, and now why are all of the banks so timid? You'd think that they'd want to take on blockchain and create their own model with it so they don't have to deal with this bitcoin "headache". But instead they are not even researching it anymore or talking about ways to adapt it. What changed? Is blockchain really that big of a threat to their royal status quo?

It could be that the powers that be are trying to find an alternative solution that will rival or replace bitcoin and make it appear worthless.