Why banks hate crypto-currencies[↻60%]

Since cryptocurrencies became popular, banks mostly responded negatively, pointing to the high volatility of instruments and the likelihood of their use for money laundering.

However, the true answer to the question, for which banks do not like cryptocurrencies so much, may be that they feel threatened. The growth of the cryptocurrency market has exceeded all expectations, and although it is still very young, it has the potential to shake up the aging system.

The capitalization of all cryptocurrencies now exceeds the capitalization of the largest Bank JPMorgan Chase. Even individual cryptocurrencies can compete with the world's largest banks.