Post
Topic
Board Bitcoin Discussion
Re: All bankers hate BTC, am I right?
by
Ennichell
on 02/01/2019, 11:48:52 UTC
It is not hate, it is fear.

If cryptocurrencies become mainstream and people use this for everything that could harm banks profit a lot.

Because banks are unnecessary mediators in the context of crossbording (for example) payments. Cryptos provide people P2P system with no banks and large fees unlike the conventional banking system.