Bitcoin's popularity grows year after year. By every criteria — financial value, adoption rates, transaction volume, you name it — Bitcoin is becoming popular. Fearing its capacity to upset the financial system, banks are trying to discredit Bitcoin and cryptourrency.
However, not everyone is content. Bitcoin adoption is increasing. The banking industry, in particular, sees bitcoin's rise as a threat and continues to fight the cryptocurrency.
It should come as no surprise that banks dislike Bitcoin. Satoshi Nakamoto's creation is the most significant monetary system disturbance in decades. Bitcoin may render banks obsolete as a peer-to-peer network for creating and exchanging value.
Banking organizations have used the classic weapon of warfare, propaganda, to defend their position. Banks want to undermine Bitcoin by propagating misinformation, decreasing public adoption and encouraging stronger regulation.
A (Brief) History Of Big Finance’s Propaganda War On Bitcoin
...