Topic: All bankers hate BTC, am I right? - page 4. (Read 1606 times)
I would not agree with you on This there are many banker who still believe in bitcoin and some are even investors. Cryptocurrency is not against banking our are they in any form of war you can be a involved in cryptocurrency and still invest in other sectors
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/
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/
One thing for sure if Cryptocurrency becomes the next generation money definitely there will be no more banks, everyone will be bankers on their own. And besides saying all bankers hate bitcoin I don't think its 100% to what you have said most bankers in the world today let's say 70% have made their wealth from bitcoin as a whole.
I don't think all banks hate Bitcoin because some banks accept bitcoin. I'm sure some bankers are stockpiling bitcoin because it is so attractive at the moment.
Most i think, but not all.
They knew a lot about numbers and money. They go where they also see a lot of money.
They knew a lot about numbers and money. They go where they also see a lot of money.
There might be several reasons as to why a banker hate bitcoins, mainly because the wider use of bitcoins can cause people to stop approaching banks for any transactions and they fear that they might loose their job, Bitcoins has brought a tremendous breakthrough in the history of finance using and transacting finances worldwide. Another reason may be because of the blockchain technology which is decentralized and so no third party can control the transactions other than the sender.
Not all of banks hate bitcoin because of that reason. Actually there are now many news that banks want to use blockchain technology. Even though bitcoin is threat to them because bitcoin of the uses and function of the bitcoin. But they can use the blockchain technology for them to improve their transactions.
There might be several reasons as to why a banker hate bitcoins, mainly because the wider use of bitcoins can cause people to stop approaching banks for any transactions and they fear that they might loose their job, Bitcoins has brought a tremendous breakthrough in the history of finance using and transacting finances worldwide. Another reason may be because of the blockchain technology which is decentralized and so no third party can control the transactions other than the sender.
no all banks don't hate bitcoin, all over the world in some banks they only will use bitcoin for transferring money.
I don't think that All banks hate it, it is because some banks they've already adopt the sysytem of cryptocurrencies.
Though, it can't be deny that majority of them really hate it, because most of it are centralized based system while bitcoin was decentralized
so wondered why they are against with it.
Though, it can't be deny that majority of them really hate it, because most of it are centralized based system while bitcoin was decentralized
so wondered why they are against with it.
I'm sure not all banks that hate bitcoin and the technology that is owned by bitcoin, it is proven that there are many cryptocurrency that can work together with several banks such as one ripple, XLM and several other coins. whereas for bitcoin I am sure they use a lot of blockchain technology for further modification but the system is almost the same as the blockchain.
no, there are even many bankers who do support the use of bitcoin. many bankers are aware that bitcoin has many benefits and when applying bitcoin technology to banking it can push the bank to be much better. Current technological advances make many people invest in the technological revolution, including the current financial system revolution to become a financial digitization system.
No and they should not hate bitcoin banks were really useful when you made some payments to buy out crypto. We could not just trust any third parties that could be trusted with transfer of huge money. Besides exchanger for crypto does need this banks to receive payment to which banks could earn. The more crypto conversion to be made the more these banks will going to earn.
Yes, bankers hate bitcoin because one day it will replace them and because bitcoin's security is much better.
If you would know the amount of money banks and companies like Visa and Mastercard lose every year to hacks and other schemes... Hundreds of millions. But they don't say anything and assume the loss.
Crypto is much safer than cash or credit cards. Of course there are those who claim the opposite.
If you would know the amount of money banks and companies like Visa and Mastercard lose every year to hacks and other schemes... Hundreds of millions. But they don't say anything and assume the loss.
Crypto is much safer than cash or credit cards. Of course there are those who claim the opposite.
I guess that is true. Here in my country, my fellow bitcoin traders are very cautious on answering the employee of the banks whenever they asked us about our source of our income. We often say it is from freelancing because it's much better to say that because if not then there is a chance our account could get closed.
I think NOT. Some people I know who works in the bank is also investing in Bitcoin. SHHHHH 
Actually I don't agree. It's true that some see it as competition and a factor that could make serious disturbance in well established economic system but I wouldn't say that bankers hate Bitcoin. They are just very cautious.
Also, I think their attitude has changed over time and they also realize Bitcoin could be one source of profit for them too. But they need legal and legitimate assets for business so for banks to accept Bitcoin one of the primar conditions is regulation. To my opinion with time situation will further improve in favour of Bitcoin but such changes don't happen over night.
Also, I think their attitude has changed over time and they also realize Bitcoin could be one source of profit for them too. But they need legal and legitimate assets for business so for banks to accept Bitcoin one of the primar conditions is regulation. To my opinion with time situation will further improve in favour of Bitcoin but such changes don't happen over night.
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/
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/
agree with you // but bankers will change thir attiude upcoming couple of years
I don't think that this is true. Because as far as I can see, it is not that the banks that are so mad to have the crypto currency community to keep going but the government who wants to have a control over it.
Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.
yes, I also don't think that banks hate bitcoin. it's just that, I feel that the bank's performance is indeed a little distracted by the existence of bitcoin. well, but on the other hand, I feel that banks also use this technology. Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.
I don't think all bankers or banks are BTC haters but of course everyone is somewhat opposed to competition and since bitcoin and the blockchain technology got on the scene there are many financial institution who are scared of the unknown and don't want to be rendered obsolete in the future since they cannot compete with bitcoin and it's blockchain's ever evolving technology.
Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.
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