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Topic: All bankers hate BTC, am I right? - page 2. (Read 1606 times)

newbie
Activity: 30
Merit: 0
January 11, 2019, 05:17:42 AM
I don't think so..I mean, bankers also want to earn more and we all know they can earn a little bit more with Bitcoin.
member
Activity: 554
Merit: 10
January 11, 2019, 05:15:50 AM
For me, its not. My opinion for this is not that banks hates Bitcoin but it only wants to have a control over the Bitcoin crypto currency, making them the decetralized Bitcoin into centralized.
full member
Activity: 588
Merit: 103
January 11, 2019, 05:01:54 AM
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.
member
Activity: 210
Merit: 40
January 11, 2019, 03:11:44 AM
I don't think this is the right opinion. It's true that banks see bitcoin and cryptocurrencies in general as a competition but they don't hate them. In fact I think they are considering options how to get use and profit out of them for themselves but they want cryptocurrencies to be regulated and put into some strict legal framework just like their business is.
sr. member
Activity: 870
Merit: 250
January 11, 2019, 02:53:30 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/
In my opinion is not right. Some of the bankers are also aware of the importance of Bitcoin and they invest heavily. Some of my friends are typical because he quit his job in a bank and stayed at home and do bitcoin.
jr. member
Activity: 209
Merit: 1
Semi-Decentralized Exchange
January 10, 2019, 03:22:39 PM
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
sr. member
Activity: 994
Merit: 252
January 10, 2019, 02:58:38 PM
you don't expect bankers to declare their support for bitcoin officially, i mean bitcoin is a direct and a passive competitor to the banking system, no one will support what threatens it's very existence, but behind the scene, some bankers are passively involve in crypto currency. I have proof to back my claims.
  Exactly bitcoin is an independent coin since long it was alone and it’s growing alone. Bankers are now forced to support it because it has high potential to grow on its self. Infect there are so many banking’s who are adopting bitcoin and block chain security system. So it’s good to think positive now people trust in bitcoin more than banks to save their money longer.
legendary
Activity: 2030
Merit: 1568
CLEAN non GPL infringing code made in Rust lang
January 10, 2019, 02:22:32 PM
Some will support it some will oppose it. The ones supporting will probably make more money, the ones opposing will retire and let the path clear to those who learned to benefit from it. Business as usual.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
January 10, 2019, 02:03:11 PM
Bankers were the indirect investors of bitcoin. When banking sector begins loving bitcoin automatically banking sectors will get affected. The fear of bankers on bitcoin is upon the technology that makes bitcoin successful. Some banks have begun adopting the technology and develop their own cryptocurrency for all transactions.
hero member
Activity: 3052
Merit: 606
January 10, 2019, 01:50:16 PM
I don't think so ,but I know some banks hate Bitcoin but not all banks. Actually every banks workout place is different to different.and right point if they are countries government do not accepted Bitcoin then how banks accept bitcoin.they will begging possible if every countries and government can be permitted to Bitcoin process.so just few banks have been hatted Bitcoin asset.
For me,i don't believe that all bankers hate BTC because whether they like it or not,for sure bitcoin will be a part of bank's transaction in the coming years.This is already becoming inevitable especially that bitcoin is gaining more popularity as the years go onwards.Maybe some banks have hated BCT secretly but  they should not think of bitcoin as a threat because this may be the only solution for our economy to prosper.
legendary
Activity: 2534
Merit: 1338
January 10, 2019, 12:55:27 PM
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/
There are some bankers that probably still do not understand the power of cryptocurrencies and they may think this market will eventually disappear but once they realize the truth it is likely they will become our biggest enemies and this will make them very aggressive in their moves against bitcoin but by then it will be too late and bitcoin will be unstoppable.
full member
Activity: 1177
Merit: 102
January 10, 2019, 11:00:56 AM
I don't think so ,but I know some banks hate Bitcoin but not all banks. Actually every banks workout place is different to different.and right point if they are countries government do not accepted Bitcoin then how banks accept bitcoin.they will begging possible if every countries and government can be permitted to Bitcoin process.so just few banks have been hatted Bitcoin asset.
full member
Activity: 378
Merit: 100
January 10, 2019, 10:06:11 AM
Bankers hate all who have their own money and do not keep them in their bank, even other bankers.
Bitcoin does not need a third party to provide transactions, so it automatically becomes the enemy of the bankers, because it deprives them of their income.
This is the basic principle of decentralization, and for that we love Bitcoin and other cryptocurrencies.

I agree, I think the banks can see that their future is gonna be bad is the cryptosystem is gonna continue to be applied in every country, they would get lesser and lesser money on their hands and soon enough will start to shut down. I cant blame banks for feeling like that, the cryptosystem is just so convenient, you can use it any where and anytime as long as you got internet.
sr. member
Activity: 629
Merit: 252
January 10, 2019, 09:57:16 AM
Bankers hate all who have their own money and do not keep them in their bank, even other bankers.
Bitcoin does not need a third party to provide transactions, so it automatically becomes the enemy of the bankers, because it deprives them of their income.
This is the basic principle of decentralization, and for that we love Bitcoin and other cryptocurrencies.
sr. member
Activity: 532
Merit: 250
January 10, 2019, 09:38:16 AM
To an extent the banking business may get impacted if btc is used across the world especially in case of remittances where the people have to wait and spend more fees while transferring form one country to another. But in crypto it takes only few mins and hardly any fees to transfer the coins.

in my opinion not all of them do not hate because there is a bitcoin that can benefit the bank so that all are not hated by just a few
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
January 10, 2019, 08:21:57 AM
I think not all bankers hated bitcoin, several of them might also owns some significant amount of bitcoin and support possible use of blockchain technology in the banking industry. But I believe that some traditional banks are really against bitcoin due to its decentralized system while others are said to be sending a mixed signals. These hostile banks believe that bitcoin and other cryptocurrencies are risky and unprofitable for them.

Not all but most. But it doesn't mean they are not amazed on the technology. They will be using it in the future but as much as possible will try to evade the influence of bitcoin because they want to take control of everything.
member
Activity: 588
Merit: 11
January 10, 2019, 08:18:19 AM
I think not all bankers hated bitcoin, several of them might also owns some significant amount of bitcoin and support possible use of blockchain technology in the banking industry. But I believe that some traditional banks are really against bitcoin due to its decentralized system while others are said to be sending a mixed signals. These hostile banks believe that bitcoin and other cryptocurrencies are risky and unprofitable for them.
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
January 10, 2019, 06:33:31 AM
To an extent the banking business may get impacted if btc is used across the world especially in case of remittances where the people have to wait and spend more fees while transferring form one country to another. But in crypto it takes only few mins and hardly any fees to transfer the coins.


Bankers will hate bitcoin because bitcoin is the direct threat to their jobs. If bitcoin become the main currency and fiat is eliminated, then  there will no need of banks and bitcoins are not managed by the local banks. Banks can only control centralized currencies and bitcoins are decentralized.
sr. member
Activity: 868
Merit: 289
January 10, 2019, 05:26:49 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/

You are wrong and I am not agreed in the question stated in the above, because there are some other banks now in the other countries that are already adopted the system of cryptocurrency, though bank are centralized but instead fighting or hate of it, they ride with the flow in terms of trend in the blockchain technology.
hero member
Activity: 3052
Merit: 685
January 10, 2019, 01:25:05 AM
you don't expect bankers to declare their support for bitcoin officially, i mean bitcoin is a direct and a passive competitor to the banking system, no one will support what threatens it's very existence, but behind the scene, some bankers are passively involve in crypto currency. I have proof to back my claims.
They will support it but they will not be adopting it like they are the one following with the current norms.
Government is here to regulate us and there is no exemption, all crypto will be regulated and we shall be in compliance with the law they will create in order to enjoy using crypto. With regulation it will make people build their confidence in crypto because they'll think they are more protected.
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