Post
Topic
Board Bitcoin Discussion
Re: And now a bank realizes bitcoin's potential finally!(citibank)
by
Harley997
on 11/06/2014, 03:27:03 UTC
I think most banks realise its potential but wouldnt want to admit it publically.

Bitcoin will negatively affect the long term profitability of banks as they make a huge amount of revenue from payment processing and deposit account fees that Bitcoin eliminates (for the most part).