In a stunning revelation, it has been uncovered that banks hate Bitcoin not because it challenges their monopoly on money or its decentralized nature, but because they believe the proof of work aspect of the cryptocurrency requires users to prove that they are actually doing real work at their jobs.
This startling insight comes after an investigation into the banking industry's attitudes towards Bitcoin. The investigation found that while some banks have spoken out against the cryptocurrency, citing concerns about its volatility and lack of regulation, others have quietly expressed a different view.
According to anonymous sources within the banking industry, many executives and managers believe that the proof of work system used in Bitcoin requires users to actually show proof that they are doing work at their jobs.
This has led many executives within the industry to view Bitcoin as a threat to their positions, as they haven’t proven to do any meaningful and honest work ever.
We’ve reached out to a number of executives in the banking industry but none were available for comment.









