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How do banks view bitcoin? Friend? Foe? Partner?

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Banks generally view Bitcoin as a competitor rather than a friend or a partner. This is because Bitcoin operates outside the traditional banking system and can potentially disrupt the financial industry. Some banks may see Bitcoin as a foe due to its decentralized nature and the potential threat it poses to the traditional banking model. However, some banks are starting to explore partnerships with blockchain technology to improve their own operations.

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