Quote from: harapan on May 22, 2024, 05:30:47 AM

Quote from: oktana on May 21, 2024, 11:45:10 PM

I don’t think banks are the ones against Bitcoin. It should be the government that is against Bitcoin because they don’t have control over it. The banks actually report to the government and because Bitcoin isn’t doing the same, they don’t like it. Because starting from tax and other things they’d have implemented or rule they’d have set, they can’t. Bitcoin takes out the middle man and the government can’t do nothing about it, no matter much they dislike it.

Both banks and governments are against bitcoin,the bank is government,the government works with the bank as well.Therefore,prohibiting bitcoin from operating freely is highly a setback to bitcoin.The government would always want to promote whatever they're In charge of,so if it doesn't work to thier expectations and how they should operate then it becomes a problem to them.
Bitcoin is not backed by government,bitcoin only operates as a peer 2 peer network system,thereby fixing the issues that fait seems difficult to handle.
The transformation that bitcoins adoption has created has laid traces and lasting changes in financial technology.

Exactly both parties are against Bitcoin and cryptocurrency.Before banks will give strict restrictions on Bitcoin transaction they might have received informations from the government,they work hand in hand to regulate Bitcoin and cryptocurrency transactions.Bitcoin doesn't have the form of a traditional currency so it can't be controlled by centralized entities.Bitcoin can't abide to the terms and conditions of banks,just like eliminating transparency in the Blockchain network,the network has always been transparent and what makes you think that if the network is controlled by centralized entities it will be transparent,they are definitely gonna eliminate transparency which is impossible.