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RE: Im pretty sure the banks are freaking out.

in #cryptocurrency7 years ago

The Banks are being forced to intigrate with Blockchain Technology, either they move forward or they will get left behind. They definitely don't like cryptocurrencies because they threaten their relevancy and their fractional reserve banking system.

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It seems as though they are hitting the panic button. I love how they say they are just trialing these programs, for example, the RBC Rewards program blockchain trial. I can see these types of programs easily becoming their very own currency that you can trade fiat and other cryptos for.

They are panicking because they don't have control over cryptocurrencies yet, I hope Altcoins stay decentralized. Let the people keep the control as the fiat goes up in flames!

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