All these banks are now useing bitcoin

Digitalbitcoin

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Quote from: BTC Loading on September 06, 2016, 01:09:22 AM

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin? Grin

Will it be a Good-thing or a Bad one? Undecided

Will it affect you if yes in which areas? Angry

No I don't think. As already some of private as well as government banks are started to test blockchain technology for giving better banking services with transparency and security.
Citibank have already announced about own cryptocoin launching to market. Even many domestic banks also trying it.

But it can matter with governance as Bitcoin is decentralized currency. And if banks goes decentralized then it will be harmfull for economy o particular country.

blackmachinegun

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Quote from: Crypt0kn1ght on September 08, 2016, 11:54:37 AM

Mostly banks are corrupted and greedy structures willing power...centralisation of power in their hands.. banks philosophy must transform to adopt bitcoin. I think the first thing they would want to achieve is to takeover bitcoin or put it under control in some way

I think bitcoin will not be acquired by anyone, including the bank, it was clear that bitcoin is decentralization. just because a company adopts bitcoin, it does not mean they can take over bitcoin and become possessed them? lol bitcoin system is already set for decentralization

bitbollo

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Quote from: bitcoin-shark on September 13, 2016, 06:44:46 AM

it will be a bad thing bitcoin is free if banks start use it freedom is death

every one could start to adopt btc, also government. This is a rule of "freedom" , if you start to exclude a group of people you can't call this as "free".
They can study a new btc just for their purpose ( mortages, loans, title exchanges) without using any actual blockchain developed.

bitcoin-shark

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it will be a bad thing bitcoin is free if banks start use it freedom is death

densuj

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Quote from: BTC Loading on September 06, 2016, 01:09:22 AM

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin? Grin

Will it be a Good-thing or a Bad one? Undecided

Will it affect you if yes in which areas? Angry

Although bitcoin is anonymous, I will be happy if Banks adopt bitcoin because i don't use bitcoin for illegal activity, of course it will be a good for growing bitcoin and another cryptos coins because it will make bitcoin more popular and there are many people who use it.

crairezx20

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I think it is good couple just like here that we can deposit and withdraw our bitcoin in atm banks. they are already adopted here from some banks..
But you can be still anonymous here but the problem you can not withdraw your bitcoins in banks but they are giving some alternative to withdraw with additional payment here in my country,

xIIImaL

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Quote from: n691309 on September 08, 2016, 05:18:04 AM

How are you so sure that bitcoin protects our privacy 83%, about the privacy when banks adapt bitcoin then i can say that bitcoin from these banks are not anymore anonymous and saying the truth bitcoin is getting less and less anonymous.

You have to agree that bitcoin is anonymous and that is called privacy buddy. For your information bitcoin is good to get in citi banking services. It's just a plan starts soon with in 5 years bitcoin is a payment mode citi bank services.

Crypt0kn1ght

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Mostly banks are corrupted and greedy structures willing power...centralisation of power in their hands.. banks philosophy must transform to adopt bitcoin. I think the first thing they would want to achieve is to takeover bitcoin or put it under control in some way

rinhunter

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Quote from: BTC Loading on September 06, 2016, 01:09:22 AM

Now will you be happy if banks around the word adopt bitcoin?

yes I would be happy.

Quote from: BTC Loading on September 06, 2016, 01:09:22 AM

Will it be a Good-thing or a Bad one? Undecided

that's good, because it will be easier and safer to sell and buy bitcoin with fiat money and don't worry if you're abroad.

drwtsn32

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Quote from: DOGE12321 on September 07, 2016, 05:55:08 PM

I don’t think that Banks are going to adopt Bitcoin. Bitcoin is completely opposing banks with decentralisation. It makes no sense for banks to adopt a decentralised cryptocurrency. Huh

After all, they do run on completely different ideas. It is like making friends with your archenemy!

I agree. Bitcoin is supposed to be "freedom money". If it is going to be acquired by banks then it should not be called "bitcoin" but it should be called "bankcoin" instead.

mk4

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Er.. It might be good for some people, but... Isn't privacy the point of having bitcoins? There definitely would not be privacy when making transactions through banks.

prabowo96

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it's showtime

Quote from: shinratensei_ on September 08, 2016, 03:33:10 AM

Quote from: equator on September 08, 2016, 01:25:36 AM

Quote from: hajimasan on September 08, 2016, 12:39:41 AM

i think i will be better if bank will accept btc .if bank will acceot btc then we don't need to use escrow system and loss in ttamsaction like 1% to buy sell at exchange site . this will be reduce into 0.5% or less .in this way everyone has the better opportunity for trading with less transactions loss

Do you know the transaction charges in bank is how much, if bitcoin is used by bank then they will also charge you for every transaction. i think you have never used your bank properly. Why bitcoin is getting so importance is due to bank charges high.

The bank just charge me $0.3 for every transaction is i made, and where is the differences?in bitcoin you will get a charge in every your transaction too.

At least my wallet don't have a monthly fee and well, using or not my account, at the end of the month, I'll have to pay that thing...
Banks make a lot of money exploring users...

Noctis Connor

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Quote from: FLoving on September 07, 2016, 02:28:48 PM

If we will have bitcoin debit card and will have a similar system to buy bitcoins then I think we do not need any bank as we are happy with that available system of bitcoin, as with debit I am very happy and I do not use my banks any more to withdraw my money.

Bitcoin has already atm machines where you can people easily withdraw or shop with your money , but im not trusting this kind of activity because for me using this and if the back or debit card hacked then your bitcoin or log in information in bitcoin would be stolen tooo and that RIP for us.

Barbut

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Headline and your topic have nothing in common. Headline that some banks, or all these banks now using bitcoin, but then you talk about privacy and prediction about future.
OP need to think again, and maybe change something here, cause this have no sense to me. What ever happen with bitcoin and banks will be seen in future, for now things are like they are. Everyone is checking bitcoin, and banks will try to tale some part in all this. How and when nobody know, they can easily make new coin, they have money for that, and they have means to push their coin into big markets.

n691309

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How are you so sure that bitcoin protects our privacy 83%, about the privacy when banks adapt bitcoin then i can say that bitcoin from these banks are not anymore anonymous and saying the truth bitcoin is getting less and less anonymous.

DuckKeeper

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There are a lot of banks that are using the bitcoin right now and there are a couple that want to start a coin, its pretty insane that they first hated on it and now want their own coin.
Its a sort of funny, the bitcoin is getting bigger and bigger and this is a big sign that it is getting bigger.

ethereumhunter

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Quote from: equator on September 08, 2016, 01:25:36 AM

Quote from: hajimasan on September 08, 2016, 12:39:41 AM

i think i will be better if bank will accept btc .if bank will acceot btc then we don't need to use escrow system and loss in ttamsaction like 1% to buy sell at exchange site . this will be reduce into 0.5% or less .in this way everyone has the better opportunity for trading with less transactions loss

Do you know the transaction charges in bank is how much, if bitcoin is used by bank then they will also charge you for every transaction. i think you have never used your bank properly. Why bitcoin is getting so importance is due to bank charges high.

so far that i know about transaction fee in bank is high in my country, because i remember when i want to make withdrawal from my paypal to my account bank. its like about every $100 withdrawal need transaction fee at least $10, its just transaction fee, i don't know about the other fee and its really need almost 4 days before i can receive in my account bank.

but with bitcoin, i only sell it with my friend, then he transfer the money, all finish in just 5 minutes Grin

and don't need to worry about something and the best part is the transaction fee is only $1 every $100 in bitcoin Grin

rphk

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at our country also wallet is added with the bank account , where we can add amount from bank account bitcoin wallet and then convert it to bitcoin, but thing it includes tax , it is approved from government with sufficient tax details proof .

tiggytomb

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I don't see banks adopting bitcoin directly, blockhain is where they are headed.

The only way I see that banks can have an impact on bitcoin is if they blocked withdrawals from exchanges like Coinbase and the others, but there are ways around that so really I don't think banks will change their ways to accommodate bitcoin.

shinratensei_

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Quote from: equator on September 08, 2016, 01:25:36 AM

Quote from: hajimasan on September 08, 2016, 12:39:41 AM

i think i will be better if bank will accept btc .if bank will acceot btc then we don't need to use escrow system and loss in ttamsaction like 1% to buy sell at exchange site . this will be reduce into 0.5% or less .in this way everyone has the better opportunity for trading with less transactions loss

Do you know the transaction charges in bank is how much, if bitcoin is used by bank then they will also charge you for every transaction. i think you have never used your bank properly. Why bitcoin is getting so importance is due to bank charges high.

The bank just charge me $0.3 for every transaction is i made, and where is the differences?in bitcoin you will get a charge in every your transaction too.

Topic: All these banks are now useing bitcoin (Read 2649 times)