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Topic: All bankers hate BTC, am I right? - page 5. (Read 1606 times)

full member
Activity: 1750
Merit: 118
January 04, 2019, 06:46:25 AM
I think NOT. Some people I know who works in the bank is also investing in Bitcoin. SHHHHH Cheesy Cheesy Cheesy

Not only bankers but also bank owners .  on our country many banks here are now supporting cryptos and we now even have bitcoin atm's here  .

 in this world that were living , there are always haters not only on cryptos but almost on all things  because god intented it to be that way  .Anyway , aside from haters ther are also doubters .  they are the ones that willing to try but they are afraid of what will get . this also applies to cryptos , some banks didnt hate btc but their are doubting knowing that btc isnt really legal.  they are also afraid to take its risk because they think that volatility can cause them a loss  .
full member
Activity: 616
Merit: 100
January 04, 2019, 01:25:51 AM
I still believe there will be bankers around the world who have invested their own money into bitcoin, and they could always choose to remain anonymous with their investment in bitcoin. Since the banks are powerless to shut down crypto-currencies exchanges operating around the world, I am not really concern about bankers views on bitcoin at the end of the day.
I also believe because actually investing in Bitcoin is very interesting, rather than stopping it, it's better to participate in Bitcoin because it can be very profitable.

especially at this time the development of Bitcoin cannot be easily dammed so it is better to take advantage of the existence of Bitcoin.
member
Activity: 812
Merit: 11
January 04, 2019, 01:07:18 AM
I think bankers will take advantages from bitcoin market. Bankers already have a lot experience about financial market and i think they dont really hate bitcoin. We see it right now many bankers start to invest in cryptomarket at cheap price and they just want to make profits from this market
staff
Activity: 3206
Merit: 575
Join the world-leading crypto sportsbook NOW!
January 03, 2019, 08:29:20 PM
I still believe there will be bankers around the world who have invested their own money into bitcoin, and they could always choose to remain anonymous with their investment in bitcoin. Since the banks are powerless to shut down crypto-currencies exchanges operating around the world, I am not really concern about bankers views on bitcoin at the end of the day.
legendary
Activity: 1834
Merit: 1036
January 03, 2019, 06:55:06 PM
Not "all" hates Bitcoin. Here in my country there is bank that recently uses Blockchain technology and they even won an award for it. Other banks are following their move. It just the investment risk that Banks don't like about Bitcoin. They will not recommend it and say its high risk. They only protect their clients. They will accept deposits from earnings from Bitcoins.
member
Activity: 602
Merit: 15
January 03, 2019, 05:36:28 PM
Not all. I know some very fluent bankers who like cryptocurrency but they dont talk about it.
brand new
Activity: 0
Merit: 0
January 03, 2019, 12:28:41 PM
I do  not think so ! If you are  taxi driver and you someone ask  what do you think about Uber ? the person is trying to tell you to turn to uber !!  Most bank in my country invested in crypto last year  but right now they are all in crises  this years alone bank of Ghana has close down more than 10  banks down because they are in crises because they put huge investment in bitcoins !!
sr. member
Activity: 2044
Merit: 314
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January 03, 2019, 05:35:28 PM
Not at all since many banks now are ready to adopt blockchain technology, because they realize that its good for them to use it. Some are still in a resistance mode, and we cannot force them to invesr if they don’t want to for sure they know the threat and banks are already preparing for that, so let the time convince them to adopt.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
January 03, 2019, 05:15:20 PM
Well they might hate Bitcoin but trust me not in totality. Although this digital currency is really causing them some challenges, lets not forget that some banks also has also started incorporating the technology behind digital currencies in their day to day administrative work which is paying of for them.
jr. member
Activity: 448
Merit: 1
January 03, 2019, 04:21:18 PM
I don't agree with the statement the point I want to make is the banks have not gotten the proper orientation about bitcoin the use and the positive things that are attached to it then they will begin to adopt it into their own system as well thanks
hero member
Activity: 896
Merit: 630
January 03, 2019, 01:22:38 PM
These people are experts to overcome many problems but they couldn't find a solution when it comes to cryptocurrencies. Although they couldn't find a way get out, they are trying to evolve cryptocurrencies, especially BTC, to something they use them for their advantages.
sr. member
Activity: 1344
Merit: 261
January 03, 2019, 12:26:38 PM
No, not at all, here in my country there is a bank whom I shal not tell is actually accepting BTC and will replace your BTC into fiat and then you can actually cash it out without even taking any transaction fees, they do it for free, I just know that they wilk benefit from here because they will not do this if they will not take any kind of profit or incentives from doing this.
jr. member
Activity: 84
Merit: 9
January 03, 2019, 10:56:39 AM
noone cares about BTC

banks were the first 1 even investing in BTC

the laugh about btc, but thats about it
hero member
Activity: 1246
Merit: 529
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January 03, 2019, 10:51:16 AM
Some bankers hate but most of the bankers like bitcoin as i know from my personal experience by communication with me. They are trying to learn about blockchain technology, bitcoin and other coins. Banking sectors are trying to involve with blockchain in their banking transactions.
I don't think that all banks hate bitcoin, because I've seen several banks support the development of bitcoin, even some banks collaborate with projects that smell like cryptocurrency. well, however, it can be ascertained that some banks do hate bitcoin.

Well it can't be helped. Old school bankers will always be wary of bitcoin since it'll be hard to incorporate btc's decentralized features to what these banks are used to. And banks need control over our money so they'd likely prefer that btc doesn't move forward.
hero member
Activity: 1778
Merit: 746
January 03, 2019, 12:22:57 AM
#99
Some bankers hate but most of the bankers like bitcoin as i know from my personal experience by communication with me. They are trying to learn about blockchain technology, bitcoin and other coins. Banking sectors are trying to involve with blockchain in their banking transactions.
I don't think that all banks hate bitcoin, because I've seen several banks support the development of bitcoin, even some banks collaborate with projects that smell like cryptocurrency. well, however, it can be ascertained that some banks do hate bitcoin.
member
Activity: 264
Merit: 11
January 02, 2019, 11:56:43 PM
#98
I do  not think so ! If you are  taxi driver and you someone ask  what do you think about Uber ? the person is trying to tell you to turn to uber !!  Most bank in my country invested in crypto last year  but right now they are all in crises  this years alone bank of Ghana has close down more than 10  banks down because they are in crises because they put huge investment in bitcoins !!
full member
Activity: 1099
Merit: 116
January 02, 2019, 10:13:17 PM
#97
Some bankers hate but most of the bankers like bitcoin as i know from my personal experience by communication with me. They are trying to learn about blockchain technology, bitcoin and other coins. Banking sectors are trying to involve with blockchain in their banking transactions.
full member
Activity: 686
Merit: 227
January 02, 2019, 05:01:15 PM
#96
I think that Bitcoin may be interesting to banks. Traders want to get their profit in Fiat and they use the services of banks when they make a deposit or when they make a profit.
full member
Activity: 658
Merit: 152
January 02, 2019, 05:42:42 PM
#96
I really do not understand why banks still didn't add crypto on their exchange lists. This is simple loose of possible profit.
But the key seems obvious, the government still didn't admit crypto, that fact creates problem to banks of crypto using.
full member
Activity: 742
Merit: 144
January 02, 2019, 05:33:06 PM
#95
It is not hate, it is fear.

If cryptocurrencies become mainstream and people use this for everything that could harm banks profit a lot.
Indeed and they are doing everything just to ruin this market. My friend is working at the bank, and they are not allowed to own any cryptocurrency as the manager said it is a scam or what. This is a mind conditioning and the banking industry really feel the threat with cryptocurrency. Some banks are ready to adopt cryptocurrency just like XRP, but not all are open for this possibility right now maybe soon they will slowly adopt blockchain technology.
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