[2017-12-14] Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined

[tyz]

Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear

With the meteoric rise in the value of bitcoin this year and the media cacophony around it, its a surprise that not all world leaders have spoken about the subject yet. One political figure that we can now rest assure is keeping an eye on bitcoin is Israeli Prime Minister Benjamin Netanyahu.

https://news.bitcoin.com/israeli-pm-netanyahu-says-bitcoin-is-rising-as-banks-are-destined-to-disappear/

[Slow death]

He gave a very good response, and it is strange that he did not say "bitcoin is a coin used to finance terrorism" being that Israel borders Muslim countries like Libano, Syria, Jordânia, Faixa de Gaza, Egypt, other countries that are very problematic mainly on the issue of terrorism, in this Israeli-Palestinian conflict, he would be expected to accuse Bitcoin of being used by terrorists, but he did not do so. Other governments should follow this example, but unfortunately this will not happen, because many governments, the owners of big banks are the own high officials of the government and of the political party

[Guardian.P]

I doubt that the banks will disappear. Most likely they will be retrained into crypto banks. I think soon such introduction of bitcoin into the bank will begin. When one bank does this, then he will have to work ten days in 3 shifts to serve the queue standing by the bank

[MoonJeina]

Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear

With the meteoric rise in the value of bitcoin this year and the media cacophony around it, its a surprise that not all world leaders have spoken about the subject yet. One political figure that we can now rest assure is keeping an eye on bitcoin is Israeli Prime Minister Benjamin Netanyahu.

https://news.bitcoin.com/israeli-pm-netanyahu-says-bitcoin-is-rising-as-banks-are-destined-to-disappear/

PM Netanyahu might not be very correct about the banks getting dissapear . Banks are still and will be needed in future for the fiat . Bitcoin is just another accomidity and with the support of banks and total cooperation without any tactic regulations both can work hand in hand . Banks would never dissapear because of bitcoin .
It was good to analyze the the PM did not "accuse" bitcoin of being a spam like  other government officials . The fear came because he could smell " genuinity" from bitcoin.