Why is the big bank so tight about the currency?

There was a time when Bitcoin had not even been noticed. This new idea is mainly used by black thieves and drug traffickers. There is nothing to worry about in the monopoly of money.

However, this small upstart is now undermining the system of things; that is, from Bitcoin and other encrypted currency ICO and impressive block-chain technology. This is a reasonable threat to traditional banks.
"The soaring value of Bitcoin and the adoption and mainstream acceptance have led banks and regulators to become very tense and have led to some knee-up reactions, but these reactions simply assert that Bitcoin is a reasonable subversive threat "

Bitcoin's acquisition of banking

regulators is trying to catch Bitcoin and other encrypted currencies , and now they have realized that Bitcoin will not disappear. In fact, it is challenging their monetary system, which is intrinsically linked to the banks, especially those supported by the central government.

China, especially Russia, and recently Japan and the United States in trying and controlling the idea of ​​decentralized money efforts, also showed varying degrees of severe attitude.

In fact, traditional centralized, powerful organizations like banks, governments, regulators, and technology giants spend billions of dollars on how to use and control distributed trust technologies.

The transfer of power for

centuries the banks are not challenged, this is the key issue; Bitcoin is supported by a solid platform such as block-chain technology, and because of its decentralization it is an uncontrollable "ghost "
"John McAfee has been brazenly trying to control Bitcoin, saying they will never be able to ban Bitcoin."

Money power and control are being deprived by traditional institutions, which can also be seen on Wall Street. Some of these traditional investors stand on the side of the future, while others strongly condemn the trend.

Individuals can now communicate directly with strangers to personal trust. They no longer need a central body to provide security for the other party.

Like fax machines, libraries, and even taxis, the emergence of new technologies has made other technologies obsolete. Banks are now in the sight of Bitcoin and are in a stagnant state, as they will attack the forces behind the country.

However, there is no progress now, even if there are state-backed regulatory provisions trying to fight with the people of the control of the people, the bank is also reason to feel nervous.