The bipolarity of banking with respect to Bitcoin and the blockchain
Traditional banking suffers from bipolarity, as they attack Bitcoin publicly in the face of the public, while undercover, promoting and supporting projects based on the blockchain.
This week we saw how the CEO of JP Morgan came out of his humble palatial mansion to say that Bitcoin is a scam, which, coming from a banker and stock market speculator, sounds like a bad joke. The banks and those most responsible, see Bitcoin and cryptocurrencies as a threat to their lifestyle of speculation and price manipulation and try to discredit anyone who wants to get them out of their world of state-sponsored scams, which go in his help in the lean cows, making the losses public and the profits private.
The normal thing is that other bankers come out to attack the [amazon_textlink asin = '8499646271 ′ text =' Bitcoin 'template =' ProductLink 'store =' hardwa028-21 ′ marketplace = 'ES' link_id = 'fb7da772-99f6-11e7-9090- 29c111d01006 ′] and any cryptocurrency that gets confused, passes by, while in a total bipolarity, they promote projects based on the blockchain. We do not have to say that Bitcoin is a currency that is based on a decentralized system or maybe yes. This cannot be submitted by political parties, states or regulatory entities, moreover, it does not have borders and does not require exchange to other currencies when moving from one nation to another, it is simply a system open to everyone and global. Sure, this challenge to power established for hundreds of years, by people who control the world economy according to their tastes, is not cool.
Hay Van-Petersen, who is a global strategist at Saxo Bank, comments that 'cryptocurrencies are very young, they are like babies and cannot be considered as safe havens, but I think they are long-term structural phenomena. Think of the first car, the first computer or the first days on the internet… this is where we are now, in a revolution in the currency and payments market. '
That cryptocurrencies are in a preliminary phase, they are still being born is an evidence and that there are many things to polish, it is normal, but banks for years were vulnerable to theft and security measures have been gradually improved. Cryptocurrencies, to the detriment of a few, have come to stay and during the next few years we will see how they evolve, strengthen and surely, that some will disappear to make way for new ones that will be born.
