Banks believe that cryptocurrency is a threat to their survival. What is going on there in India is happening in some Banks here too. There was an aggressive move against a scheme in 2016 threatening the existence of banking sector which later end to the effectual collapse of it. Many people lost a lot of money as a result of public outburst of Banks and the government proclaiming the scheme bad whereas their reason was to badmouth the scheme to safeguard the banking sector since they have access to our money anytime they need it.
I'm with you on this and will keep my finger cross for your next update
thanks for sharing this informative post.
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