Post
Topic
Board Bitcoin Discussion
Re: The First Bank In Mexico Is About to Start Accepting Bitcoin
by
Vishnu.Reang
on 30/06/2021, 14:30:06 UTC
If this attempt like any other becomes successful, I think it's not that impossible to say that other banks around the world will probably do the same because bankers aren't the type to let a money making opportunity that could potentially be big to just pass by.

It is not that simple. Bankers in general are quite greedy. But this is more like an issue which can affect their very survival. With the announcement from El Salvador (making BTC as legal tender), Bitcoin is now being regarded as a competitor to fiat currency). That makes it a competitor to the banking system as well. I am expecting more hostile action from fiat based economies such as the United States, and from the bankers. The honeymoon period for cryptocurrency seems to be over. It should be ready to face tough challenges now.