My wife was in a Chase bank today and overheard a chase bank rep stating to a customer, that the bitcoin is NOT going to last much longer.
Especially because the bitcoin continuing to grow in value. I guess that as a result of the increase and nothing backing and/or supporting it.
That as a result it can no longer continue to exist, if I am understanding this analysis...If somehow there could be a discontinuance of the bitcoin,
how does this effect the other forms of cryptocurrencies???
Is the chase bank representative not aware that Bitcoin has stayed more than 10years?
Right from the onset, the banking industry is never in support of cryptocurrency. They are finding every means to spread fallacy against Bitcoin ever since her creation. But still, yet, they are unable to achieve that. This is what the bankers always do ''discouraging individuals that want to divert their assets to crypto not to". This time around(the banking sector) it's too late for them to be able to convince people of where not to invest their money into cos the awareness of Bitcoin has spread all over the globe.
Bankers now understand that if they keep, keeping mute about Bitcoin, Bitcoin will replace the banking sector in the future for saving up people's assets. So they are now much scared of digital currency than ever