They did the same with the internet when it first started.

They refused to use it or be on it. Instead, they opted to build their own banking intranet. That lasted less than a year if I remember correctly.

And because of their refusal, they are still beginners when it comes to implementing their services online. In fact, they are so unfamiliar with the net, they need to hire external companies to setup all their services.

The result is:
1. Paying way more than market prices for simple apps
2. Sharing bank customer info with said companies
3. Paying even more just to update their online apps

The same will happen if they decide they want to get into #bitcoin in the future. But this time, there's only so much bitcoin to be bought.


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