Market Cap War ... Bitcoin Vs Traditional Banks

in #money7 years ago

The Data Was Collected Today Monday 20/01/2018 From Yahoo Finance and CoinMarketCap.com .

We Developed A Visual To Compare The market caps Between some of the world’s largest banks and The Famous Bitcoin .

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The Beginning Of 2018 Was Not Good For Bitcoin And The Other CryptoCurrencies En General, The Maket Broke Down And The Bitcoin Price Down To 5900 Dollars. Today The Total Crypto Market Has A Market Cap of $500.583 Billion And Almost All The CryptoCurrencies Are Rising.

Today , The Bitcoin Crypto Market $185.950 billion Exceeds Size Of Goldman Sachs $100.9 billion And Exceeds Size Of Morgan Stanley $98.59 billion . So We Can See That Bitcoin's market cap alone is comparable to Goldman Sachs And Morgan Stanley together .

From The Start , Traditional Banks Have Been Against CryptoCurrencies And Often Citing The Volatility And The Ability To Be Used For Money Laundering . One Of The Most Recent Efforts To Destroy The Growth Of The Cryptos Were Announcements From Several Banks Saying That Customers Could No Longer Buy Digital Currency With Their Credit Cards ....

I Think The Real Answer To Why The Banks Hate Cryptocurrencies Is Most Likely That Because They Feel Threatened .

I Think Banks Are Afraid Of Cryptocurrencies And The War Will Be So Hard ... What Do You Think Guys ¡¡¡¡¡¡

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Yes, you are rightly said that Banks feel threatened because of the increasing popularity & craze for cryptocurrencies and it's spreading across the globe and they can't even control anything they feel like what they normally do with the normal fiat coins