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Banks want blockchain but not bitcoin and friends

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@lebah
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Bitcoin is not only money but also a freedom of finacial system from central bank.Banks like to innovate their service to customers.Blockhain tech that backs bitcoin has attracted banks to create apps that comply with banking and financial regulation. Bitcoin is free and decentralized money that banks are not able to control. Most banks argue that bitcoin is a tool for illegal activities. In fact, bitcoin is not illegal platform. Only few users use bitcoin for criminal actoviies. Most bitcoin users enjoy the protected privacy when they shop with bitcoin. That is why demand of bitcoin is high.

It eradicates the need for a centralized entity and transfers the power from the government to the people.This lead banks to be afraid and fearful of bitcoin

https://101blockchains.com/why-banks-love-blockchain-but-not-bitcoin/amp/

Bitcoin has little intrinsic value according to Andrew Bailey the Bank of England Governor.
Ripple took the opportunuty to make partnership with banks. The company offers centralized cryptocurrency. While bitcoin and other currencies remain decentralized. Beo will issue CBDC in July. https://cointelegraph.com/news/boe-governor-continues-to-assert-bitcoin-has-little-intrinsic-value/amp Stable coin from banks answer volatility. Banks still do not accept anonymity that is why KYC is compulsory to all banks services. It is clear that banks like blockchain but not for bitcoin and friends.Will the banks commitment not to accept bitcoin affect to bitcoin users? It does not affect at all. Bicoin holders grow fast. The main idea of bitcoin when Satoshi nakamoto us to free from centralizef money. Like or dislike will not influence bitcoin users. Many people have misconception about bitcoin. They think if banks do not accept bitcoin, users of bitcoin will leave their asset? That is completely wrong. Bitcoin will be bitcoin whether banks like it or not.