What is your thoughts on banks banning the sales of crypto do you think they are scared they will be replaced
What is your thoughts on banks banning the sales of crypto do you think they are scared they will be replaced
Banks are not really afraid of cryptocurrency. They just don't like the idea of decentralization where everybody can be in charge of their transactions without any third parties involved it the transaction. They believe that with the introduction of decentralized platforms, people will no long need their services.
Banks are not going to support Bitcoin, so the attacks to this cryptocurrency will be continued. The only fact that different representatives of the banking system decided to change their pointes of view does not mean much. However, bankers see their profits from being in the crypto market and they are taking steps to penetrate in it. This will attract new capital and customers.