There’s no shortage of vultures lurking in wait to pick the bones of the rotting casket of Bitcoin. This is the volt of bankers, regulators, incumbents, and mainly gray-haired men in power who dismiss cryptocurrency as frivolous, a fad, a scam, or a merely speculative asset that will surely tank to value of zero. But if that’s the case, how many industries can talk about stats like 100 percent YOY growth?
If you want to dissect an industry that’s in trouble, look no further than European banks. You know, the global powerhouses that have caused financial chaos and malaise around the world. The ones with expensive and outdated technology, punishing interest rates, and their fair helpings of money laundering scandals.