Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Banks will always be against cryptocurrencies?
by
Mary Ofosuhene
on 11/10/2018, 20:15:13 UTC
⭐ Merited by minersday (4)
I strongly believe that, if there are 100 banks around to support cryptocurrencies like bitcoin, I will say 5% will be in support of crypto whiles the remaining 95% will be against cryptocurrency. The reason being that, most banks see cryptocurrency as being a threat to them in the sense that, owing to the amount of profits one is likely to make from crypto, most people will withdraw almost all their money from banks and invest into crypto. This exposes banks to lot of threats which in a way can be difficult to tackle.