Here's a thought.
Let’s simplify the cryptoworld for stubborn banks shall we?
What happens to a bakery that refuses to sell bread to a majority of people over 50?
They go broke. What happens when all bakeries stop selling bread to a majority of people over 50? We will starting to make our own bread and they all go broke.
Now replace bakery with bank and selling bread with not accepting money from crypto’s.
Now I got another secret, the only reason for a bank to exist and can maintain it existence, is for us to store our money on. If we take away our savings and put it into crypto’s than only our salaries are stored monthly. This of course will never be enough for a banks to survive on. So what do they mean with they won’t accept our profits from crypto money?
Nicely simplified and good metaphor, @funkie68. With you all the way!
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