Why are banks against cryptocurrency?
The answer is clear, because what the professional blockchain system does in the blink of an eye, international banks with the old SWIFT system do the same thing as crypto in about eight days, and the power of the banks through the SWIFT remittance system. They spend their affairs by receiving astronomical fees. Now cryptocurrencies have arrived and have threatened the century-old reign of the old banks, which are mostly bankrupt. With a little accuracy and reference to the statistics, you will realize that the amount of money that banks take from people, companies and institutions and keep with them and get their hands on the low-speed SWIFT network to reach its original owner is around several trillion dollars daily. And they delay for more than a week to do this.
Also, the mastery of printing money and the SWIFT network has caused banks to strengthen their rule over the world economy with high fees and useless rules. Now a network has been found that is multiple times Faster, with higher security and extraordinary transparency, it does the same work as SWIFT in less than a second, which takes more than a week using the SWIFT network, and no one is involved in it, and it does not make mistakes. It is known that the banks, which are mostly bankrupt and earn from this way, oppose and are not ready to accept such a system. Acceptance of cryptocurrency for central banks and other banks means the end of the domination of the monetary government and maybe their death unless they own it, which people do not welcome.
It seems that cryptocurrency and blockchain will win this battle.
what is your opinion…?
Stay with Us
Yoozico
Masterpiece of tokens
the writer: Yoozico Commender
