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Topic: All bankers hate BTC, am I right? (Read 1606 times)

full member
Activity: 462
Merit: 100
January 14, 2019, 11:55:23 AM
in my opinion , i agree with you because with bitcoin system are opposite with BANK system so if bitcoin are accept by the world , bank posistion will be in trouble

For this reason, the bank cannot adjust the performance of bitcoin, so bitcoin is considered a threat to the bank. Even if the bank is able to issue a digital transaction tool itself it might have another perception. This is what will become a more interesting competition, but will the bank do this?
member
Activity: 250
Merit: 10
January 14, 2019, 09:16:02 AM
in my opinion , i agree with you because with bitcoin system are opposite with BANK system so if bitcoin are accept by the world , bank posistion will be in trouble
jr. member
Activity: 504
Merit: 5
January 14, 2019, 05:27:45 AM
Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?

Do you think the bankers all hate BTC?

Or they have already taken part in cryptocurrency world?

Looking forward for your ideas.


Detialed discussions and opinions can be checked here as well
https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/

Banks never hate cryptocurrencies rather the see crypto as what will take over their firms/job if given the opportunity which many cause joblessness for most of the staffs and lost of profits as many people will prefer going through Bitcoin instead of normal centralized fiat transactions with high fee and tax most especially for cross border payments.
copper member
Activity: 299
Merit: 1
January 12, 2019, 06:21:08 PM
Something like that, but those that were bitcoin dealers before they got the bank job might not really hate bitcoin
full member
Activity: 644
Merit: 100
January 12, 2019, 04:21:42 PM
Well, hardly the same bankers hate bitcoin. Most likely, most simply do not understand what benefit it will bring to their business. And not the stability of bitcoin also plays a negative role. But I don't think it will last forever. Many will still understand that there is nothing wrong with using cryptocurrency.
maybe they say the opposite for XRP, I'm sure they are still exploring bitcoin without being publicly known and acting as if against it.

The best of one economic circle is to realize the potential that is developing, they also need research for all new things and especially bitcoin, they will not hate one thing that is indeed related to alternative currencies.
jr. member
Activity: 209
Merit: 1
January 12, 2019, 04:21:35 PM
Bitcoin is a crypto currency, which is simply known as a digital asset across the global, hence, is not all Bankers hate bitcoin, but they are rather have interest to invest for a long time for more profitable, because of the nature their business.
full member
Activity: 602
Merit: 100
January 12, 2019, 04:08:55 PM
Of course, not all bankers hate bitcoin, because many large organizations already accept it. Every day I see more and more news that some company has started to use bitcoin or cryptocurrency in its activities. And I hope that this trend will grow more and more.
member
Activity: 322
Merit: 10
January 12, 2019, 03:46:11 PM
Well, hardly the same bankers hate bitcoin. Most likely, most simply do not understand what benefit it will bring to their business. And not the stability of bitcoin also plays a negative role. But I don't think it will last forever. Many will still understand that there is nothing wrong with using cryptocurrency.
sr. member
Activity: 1638
Merit: 300
January 12, 2019, 03:44:18 PM
I think so bankers and governments are hating bitcoin because of the power of it and the technology of bitcoin have with the help of blockchain technology bitcoin are powerful that could afraid of the everyone.

No. Blockchain technology is not something that should feared even by bankers or thr government. The government are banning them for some reasons and the reason that it has Blockchain technology is not one of them. Instead of fearing them, they should be able to use them as it will develop new technologies that can be used by them.
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
January 12, 2019, 03:31:34 PM
Many bankers and businessmen are interested in cryptocurrency and consider its implementation in their business, I recently read an article about it. So do not assume that all banks have a negative attitude to bitcoin and cryptocurrency, it is not.
hero member
Activity: 1078
Merit: 501
January 12, 2019, 02:48:56 PM
yes of course because bitcoin is the main threat to banking all over the world
Bankers are under pressure they are afraid of growing power of bitcoin that are worried about their future because people now knows it’s useless to keep your money in banks for years and gets Nothing at the end that’s why they are investing because investing in bitcoin gives them profit and saved their money from lose.... so they should be worry now.
jr. member
Activity: 182
Merit: 1
EndChain - Complete Logistical Solution
January 12, 2019, 06:06:18 AM
yes of course because bitcoin is the main threat to banking all over the world
member
Activity: 574
Merit: 12
January 12, 2019, 02:39:46 AM
i have seen bankers who actually have some amount of bitcoin and use it for transaction. for the fact that they work in a bank doesnt mean they become blind to technology and innovations
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
January 12, 2019, 02:19:27 AM
you are very wrong. all  bankers don't hate BTC for i know so many who actually love bitcoin and blockchain technology. i know so many who even have bitcoin currently
full member
Activity: 476
Merit: 100
January 11, 2019, 06:53:53 AM
BTC will not make banks less popular in next 20-30 years, banks just won't take it lying down. As long as the government supports traditional banking system, BTC will not come out on top.
hero member
Activity: 1148
Merit: 504
January 11, 2019, 06:44:18 AM
Banks are not profitable when there is competition in the market, especially such as BTC and other Altcoins, they understand that the payment system of banks can suffer very much, and they express all the negative, instead of introducing cryptocurrency in their banks
The beginning of the bank's profits certainly comes from the user's deposits which are used for various businesses. if users are getting fewer because many of them are turning to decentralized systems which are bitcoin. of course it will reduce profits even to the detriment of the bank itself. it's a relationship between bank hate bitcoin
sr. member
Activity: 1123
Merit: 253
January 11, 2019, 06:32:09 AM
No, you are probably wrong. Remember that the bankers, I mean many of them, those who are employees or only hired for their services are not really serving their bosses wholeheartedly. There are bankers who are there because there is so much money in there. The enemy of Bitcoin are those who are not only bankers but bank owners. They are the ones who are exploiting not just the poor but also their very own workforce. They are treating them like robots, puppets who are only there to make the owners a lot richer.
full member
Activity: 658
Merit: 100
January 11, 2019, 06:12:19 AM
does the bank really hate bitcoin? or other cryptocurrencies
or maybe they actually invest in bitcoin without our knowledge as customers?
or maybe they don't really hate it, it's just that they are afraid of the negative effects they can experience from cryptocurrencies like bitcoin
jr. member
Activity: 308
Merit: 5
January 11, 2019, 06:08:23 AM
I think that you are wrong.
Bankers have no difference what financial assets to manage.
If states legalize bitcoin as a currency, trust me - the first to vote for bitcoin are bankers.

Not all bankers like banks system. Some just end up no choice.
It is  the same in bitcoin but the different is some bankers invest just to try their ability to analyze such volatile and unstable investment.
newbie
Activity: 51
Merit: 0
January 11, 2019, 04:30:28 AM
I don't think that banks hate bitcoin now. Bitcoin is still not so captured by the economy (more precisely, Bitcoin will still need a lot of time for this). Therefore, banks don't see the threat in the face of Bitcoin. And those who are smarter than the rest, see the benefits now, in the implementation of Bitcoin in everyday life.
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