Bitcoin is mostly seen as a hazard to a stream financial ecosystem. Cryptocurrency enthusiasts wouldn’t mind if a fiat banking complement disappears altogether, and gets transposed by something that is most better. Santander, one of a world’s biggest banks, has mentioned how Bitcoin will turn a critical contender if it can benefit widespread adoption.
Banks Are Legitimately Scared of Bitcoin
Financial institutions and governments all over a universe have been hostile cryptocurrency from day one. Most people insincere it was since this whole ecosystem of sorcery internet income was a pristine scam, and would go divided earlier rather than later. Nothing is serve from a truth, though, as cryptocurrency is not a scam,and it will not be going divided either.
Despite a delayed adoption rate, Bitcoin has gotten on everybody’s radar. Granted, there is a lot of disastrous media courtesy on bitcoin, partially due to not bargain a complement or not doing any research. While cryptocurrency is no vacant line-up by any means, a lot of a disastrous associations are taken good out of context.