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Author Topic: What do banks think about bitcoin?  (Read 153 times)
Carmen01
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March 13, 2018, 03:22:03 AM
 #21

both bitcoin as a digital currency and banks are good in saving but still there's a lot of difference between bitcoin and banks like bitcoin is good in low fee transaction than any kinds of banks all around the world and in bitcoin we can use it to save in our own place not like bank so of course bitcoin is good by that but still the problem here is the volatile price of it and that's good also because we can earn by that not like bank so if you manage bank of course this is threat but still we need to use bank for more secure that's all

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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gareng1468
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March 13, 2018, 03:27:48 AM
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the bank will do everything possible to prevent the cryptocurrency from entering the global market because if it happens to be able to kill the banking cycle, the use of cryptocurrency is very contrary to the way bank business works and the application of cryptocurrency can replace the workings of the bank's business. unless the bank is willing to cooperate with cryptocurrency in terms of distribution and use as a middle ground.

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