Post
Topic
Board Bitcoin Discussion
Re: is it true that bitcoin is a disaster for local banks
by
DrGuns4Hands
on 22/08/2018, 15:22:52 UTC
I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks

Banks are never into this kind of transaction because they see bitcoin as volatile in the market and it takes enough time to consider its potential just like what happened when it increased its price enormously. People are waiting for the next wave; however for the bank - still the threat of making this activity be influenced and manifested. Banks will never intervene the market of crypto because it would give them negative impact on their business activity.