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???
Okay, but just look around and see on the internet, you can find and tell your wife that she is wrong. They got manipulated by their boss as their business might be shutdown and she was also afraid to lose her job if people will no longer use their services. If they are just being open-minded and accept the said market development, they will see that Bitcoin is growing and continue to grow in the future.
Honestly, we can't hear any good from the banks as these institutions are the leading haters of Bitcoin since before. They are afraid to lose their existence but as we can see, it was not going to happen and much more if they adopt the system as well.