I sometimes wonder what the true interest of big banks would be if Bitcoin succeeds since it will weaken their dominance over people especially the poor.
The below statement was reported to have been made by Barclay bank's UK chief executive Ashok Vaswani:
"We have been talking to a couple of fintechs [financial technology firms – Ed.] and have actually gone with the fintechs to the FCA [Britain’s Financial Conduct Authority – Ed.] to talk about how we could bring, the equivalent of bitcoin, not necessarily bitcoin, but cryptocurrencies into play," Vaswani told CNBC.
No wonder some banks are making things harder for Crypto Currency traders and investors