As I said, bitcoin has never had the ability to threaten banks or governments nor was it created by satoshi to create that hatred. Initially, governments and banks were not friendly to bitcoin, simply because bitcoin was a new asset that was highly volatile. They need to be wary of it because they do not know whether it will bring benefits or harm to them and the national economy. But as things gradually become clearer, they feel that it is not as dangerous as they were once wary of, so it is understandable that they gradually become friendly with it. Everything takes time to adapt to, just as many of us were skeptical about bitcoin before trusting it, so why do we think so poorly of banks?
Banks ARE the enemy. They're the main reason why the economy went downhill back in 2008. History repeats itself as one crisis emerges after the other. Satoshi created Bitcoin because of banks' malpractices. He was a cypherpunk with libertarian ideals. Do you think he would've made Bitcoin if the mainstream economy was going well? I think not. It's why so many banks are against Bitcoin and its variants. At least, in the early days.
Now that "Wall Street" is in the game, things are starting to change. BTC is being acquired in mass by institutional investment companies. If things keep up, it will become utterly-centralized (even though network consensus is done by miners, not economic holders). Banks should be more than happy with how Bitcoin is doing now. Even a staunch critic like JP Morgan is changing its view towards BTC. If the pioneer cryptocurrency was decentralized as it was in the early days, do you think banks will support it? I guess not. People are missing the big picture of the ETFs. It's not about making money, but rather controlling everything. I sure hope we come to our senses before it's too late. With CBDCs on the way, don't expect banks to go anywhere soon.
