Quote from: V-t.Ester on December 16, 2021, 11:25:38 PM

Unfortunately all the indications are that banks don’t like crypto and don't want crypto adoption only if it's not CBDCs. They can’t control it and get commissions from transactions, from profit and from mining. Their expression of outrage makes sense as they lose money that must fill them. In El Salvador central bank immediately provided mobile app with obligatory KYC (to control crypto resources and people, who use them). China that seemed for me loyal to crypto, this year banned BTC mining and USA wants to do the same. What is this if not anxiety of banks that doesn’t get commissions and can’t have a total control among money their people use?

Of course, banks don't like cryptocurrency because cryptocurrency is actually a competitor to the banking system. At the same time, cryptocurrency does not pose a threat to the existence of banks. After all, the banking system is under the full protection of the state and is practically part of the state system of power. Banks can provide services in cryptocurrency, but they will not actively support it.