Quote from: taufik123 on Today at 02:58:24 PM

Quote from: Vishnu.Reang on Today at 02:30:06 PM

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.

When bitcoin is considered a competitor to Fiat currency, then bitcoin adoption is successful. in el salvador bitcoin is used as a legal tender, even the government provides a $30 airdrop for those who create an account in the official El salvador government wallet called Chivo. and now when one of the banks in Mexico wants to adopt Bitcoin, of course this is good news and Bitcoin is increasingly being adopted.

Still too early to claim that. The billionaire Ricardo Salinas Pliego wants his bank to deal with BTC. But the Mexican central bank says that it is illegal. I don't know whether going against their directive will result in any good. Given the fact that El Salvador is very near to Mexico, why can't Salinas open a few branches of his bank (Banco Azteca) in El Salvador? He will not face any legal challenges, and he can use this as a test cause for any future rollout in Mexico. El Salvador is actually encouraging crypto entrepreneurs to move to that country.