Bitcoin is on the Rise Again

[Hannah Carter]

Bitcoin has passed the $100k mark and it's a significant milestone for crypto. How does this affect traditional banks and payment processors?

 

[Caleb SInclair]

It's such a significant mark in history, I can conclude that traditional banks and payment processors will face increased competition from bitcoin and crypto as a whole.

 

[Jackson Lowe]

It's such a significant mark in history, I can conclude that traditional banks and payment processors will face increased competition from bitcoin and crypto as a whole.

I agree, I see that banks and payment processors are beginning to adopt crypto services now.

 

[Hannah Carter]

I agree, I see that banks and payment processors are beginning to adopt crypto services now.

I think they'll be losing so much money if they don't adopt crypto lol. Crypto already beats them on transaction fees alone.

 

[Joseph Marciano]

The rise of Bitcoin also brings the risk of increased regulatory scrutiny. Governments around the world may decide to impose regulations that could affect the price and adoption of Bitcoin.