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Benjamin Netanyahu : Bitcoin is the future. Banks are the past.

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December 18, 2017 | 

2482 Views | 

Joanna Newman | 

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On December 12th, Isaeli Prime Minister, Benjamin Netanyahu made a statement about the future of Banks in Israel and the rapidly developing world of cryptocurrency. He alluded to the fact that the country’s traditional banks could easily, soon be replaced by blockchain technology.

Nota that most governments and central banking systems around the world are already concerned about the unstable growth of encrypted currency. The Prime Minister, one of the first world leaders to do so, recently published a video on Youtube commenting on cryptographic currency. He also made claims about the effectiveness of the Bitcoin system in the financial markets and its continued growth.

Could Banks Disappear?





In his video, the Israeli leader clearly answers


Bitcoin in Israel




Bitcoin

The Prime Minister on Bitcoin and Banks







The Crypto Industry’s Reaction






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