26 Feb '16, 10pm

Why the Banks See Bitcoin as their Number One Enemy

Bitcoin is a digital asset and can be described as a decentralized digital currency, where users can directly transact on a peer-to-peer basis without an intermediary. The use of Bitcoin by black markets have attracted the attention of media and financial regulators though Bitcoin is nothing illegal most banks don't see it that way. Many refuse to hold it in the same light as actual cash or see it as an asset, and so they won't touch Bitcoin.

Full article: http://www.huffingtonpost.com/aj-agrawal/why-the-banks-se...

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