Crypto diehards will tell you that Bitcoin will destroy the banks. Banks will say that the crypto frenzy is the latest bubble ready to burst.
Both are wrong.
They should not be warring factions, but suitable allies. The rise of cryptocurrency signals a fundamental market desire for a different kind of frictionless finance. Instead of trying to fight the crypto-tide, banks should embrace the changing landscape to modernize and be future ready.
Cryptocurrencies Won’t Destroy Banks, They Will Modernize Them -Opinion Piece