I have my own views on banks and their practices. If bitcoin and other crypto currencies weren't a "threat" to the banks then the banks and financial sector wouldn't make a fuss over crypto currencies. But the fact that their lobby machines, PR tanks( like most financials journals and newspapers) having a bashing contest with everything to do with crypto currencies and Bitcoin in particular, is a sign that banks do feel threatened. This new form will challenge them to change "their business as usual" work ethic and actually create a new set of tools. They, the banks, do not like change because when something isn't broken and brings in heaps of money everyday why fix it? The main reason, in my humble oppinion, is that the banks are cross with the genius or geniuses that made bitcoin. If it was someone at the bank or a bank institution itself that invented Bitcoin the media would blow up with excitement. Now the bank lobby is trying to discredit everything and everybody that uses Bitcoin. Look at recent articles from the financial times, the economist and others to see the subtle and most of the time not so subtle attempts at Bitcoin Bashing.
I have a financial background, that is to say i dabbled a bit with stocks and made a pretty penny
. One of the first rules you learn is when someone says BUY THIS OR THAT you do not do that because you will get burned. You do the opposite people, experts say and you will come out on top... well most of the time. Your mum and dad gave you a brain so use it
So i do not think the banks will ever lose
