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Topic: All these banks are now useing bitcoin - page 3. (Read 2649 times)

legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
September 07, 2016, 06:11:12 AM
#48
I often find this kind of question about a bank with Bitcoin. And I think that it's a very bad idea because Bitcoin is supposed to be decentralized, so it won't make sense if Bitcoin used in a Bank.
sr. member
Activity: 256
Merit: 250
September 07, 2016, 06:04:32 AM
#47
Yes they are all using the bitcoin right now and some of them even want to make a own coin right now.
I even heard some are busy with making one, its pretty nice and I think the bitcoin has a great future because of this.
sr. member
Activity: 686
Merit: 260
September 07, 2016, 05:54:27 AM
#46
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 Grin Roll Eyes Roll Eyes

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

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


I would not be like happy, but I think it would be nice. And as i heard form some sources that some american banks are already provide steps in that derection and it will be possible in nearly future. I live in Russia and if it will apper a bank that accept bitcoins it is gonna be a good thing I think.

You are in the big country and has a lot of people and one of the country that has a lot of bitcoin user so it is okay but here in our country im talking about general im in 3rd world country i think bitcoiners is the only one that will be happy because they know what is bitcoin but others not so it is not usefull to all just for us, I do prefer not now but soon it is okay
sr. member
Activity: 294
Merit: 251
September 07, 2016, 05:25:41 AM
#45
Well, I agree it will impact bitcoin both in a negative and a positive way if banks adopt it "Doubt that will happen anytime soon though", Positively the price will improve and it would encourage a wider portion of population to engage in BTC's, as well as possible interest in BTC for depositers. Negatively I think it would take a big portion of privacy and decentralization of bitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 07, 2016, 05:15:53 AM
#44
maybe in a few country, bitcoin is intregated with the bank but in other country its not yet integrated. the banks don't know about bitcoin, i mean the don't really know what is bitcoin for sure, maybe the bank only know the outside of bitcoin and not the inside.

i think the bank will not integrated with bitcoin in this year, and i don't know when. but if the bank adopt bitcoin technology, especially in my country and my city, i think it will be good for us, bitcoin community, to use bitcoin in wide area and who knows this will make many store online and store offline that will receive bitcoin as their payment.
hero member
Activity: 1078
Merit: 514
September 07, 2016, 02:51:16 AM
#43
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 Grin Roll Eyes Roll Eyes

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

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


I would not be like happy, but I think it would be nice. And as i heard form some sources that some american banks are already provide steps in that derection and it will be possible in nearly future. I live in Russia and if it will apper a bank that accept bitcoins it is gonna be a good thing I think.
sr. member
Activity: 434
Merit: 250
September 07, 2016, 02:38:43 AM
#42
If bank start using it then it is game over cause banks always try to take advantage and legally milk people as much as possible. even worse case would be if banks made up their own cryptocurrency and get way more famous because they already have majority of fiat and then bitcoin would be overtaken and the whole idea behind crpytocurrency would be destoryed.
legendary
Activity: 1442
Merit: 1025
September 07, 2016, 02:35:21 AM
#41
I think its gonna be a good thing. More people will be able to trust and consider using bitcoin, more merchandisers will start allowing bitcoin as their payments, people will invest more in bitcoin and maybe it will make it grow more and increase its value as well. It would be considered a lot more reliable than it is now. Though it will have its downs as well, as banks will be able to tax you, and track you as well. It will lessen the amount of anonymity from this world, but I feel the advantages are more than its cons.
That's true here as we already use net banking or debit/credit cards issued by banks and if bitcoins too are adopted, we'll be able to pay in bitcoins too. It will be like another trading account in addition to demat and other investment accounts and hence it will be a best thing for traders to buy/sell bitcoins easily.
hero member
Activity: 3052
Merit: 651
September 07, 2016, 12:23:46 AM
#40
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 Grin Roll Eyes Roll Eyes

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

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


Banks will adapt. We are just too aggressive to make it happen. We just wait, bitcoin is still new for me and it needs some trust for them to partake in this certain field. I would be very much happy if they include this in their industry. Banks can do privacy's also and with them included in the circulation it will be easier for other people to conduct transactions e.g. exchanging it to fiat.
sr. member
Activity: 795
Merit: 251
September 06, 2016, 11:42:46 PM
#39
In my opinion, it is inevitable that the financial systems in place today will (eventually) become better equipped to handle and process transactions, exchanges, and storage of digital/cryptographic currencies. However, we are very much still in the early stages of this technology, so there are going to be obstacles and stumbles along the way.
hero member
Activity: 518
Merit: 500
September 06, 2016, 11:28:00 PM
#38
I agree with this ideas, it will make bitcoin more popular and there are many people and stores using bitcoin as payment method on real life and it will make bitcoin' price increase.
sr. member
Activity: 350
Merit: 250
September 06, 2016, 11:17:53 PM
#37
I don't like this idea at all and I think there is no need for that,we already have wallets for this and we can secure them with many security features and also there no body else can know how much bitcoins we are holding so privacy is most secured,we are the only one who controls our bitcoins and we dont have to depend on the banks.
full member
Activity: 210
Merit: 100
September 06, 2016, 11:13:28 PM
#36
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 Grin Roll Eyes Roll Eyes

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

I don't like if all banks using bitcoin and give my data to government because sometime i use bitcoin for play gambling although it is just a little amount of bitcoin. On my country gambling is illegal activity and it is bad for me.  Grin
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
September 06, 2016, 05:27:40 PM
#35
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 Grin Roll Eyes Roll Eyes

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

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry

first your title is confusing and your op is even more confusing.What do you mean when you say "bitcoin 83% protect our privacy?I mean how do you reach that percentage?Second Banks can not adopt bitcoin they can implement blockchain but any federal bank will never accept bitcoin
full member
Activity: 137
Merit: 100
★Nitrogensports.eu★
September 06, 2016, 05:13:13 PM
#34
One of reason use bitcoin is to prevent bank and fiat, so i think bank adopt/use bitcoin is dumb idea and bank is the opposite of bitcoin.
So, i think it would be bad thing if bank were to use/adopt bitcoin unless they just act as gateway to accept bitcoin or make buy/sell bitcoin become easy.
yeah, i use bitcoins in order to avoid the banks and their huge fees, i just dont like it to be honest and i think it would be great if it was replaced
legendary
Activity: 1288
Merit: 1036
September 06, 2016, 02:47:52 PM
#33
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

how did you come up with that totally random number (83%)?

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

what does this have to do anything with privacy that you mentioned a sentence ago?!!
also banks will not adopt bitcoin, and what you have been hearing is talk about adopting blockchain which is a complete different story and it has been already explained to you before.

Quote
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?

in case banks get on board with bitcoin and bitcoin stays the same in sense of decentralization I think it may affect the price a lot.
If banks adopt the blockchain technology and create their own currency, it will have a very bad effect on bitcoins and the price will drop drastically. If banks adopt bitcoins as it is, it will affect the price but not that much as the price would be stable. It's the matter now that bitcoins are popular but we need to understand the fiat is still the first choice even on this forum.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
September 06, 2016, 02:28:34 PM
#32
Too bad and i strongly dislike about that because bitcoin is a freedom for me and with a bank is wanna adopt bitcoin and that is same means the bank will starting making any intervention with bitcoin and i don't like about that.
It's not as bad as it sounds as currently, the state of bitcoins is quite bad with Government considering it almost illegal and involving it with drugs and terrorism and then exchanges like Bitflex getting hacked. We should see the positive side too of banks adopting bitcoins.
legendary
Activity: 1904
Merit: 1074
September 06, 2016, 12:57:42 PM
#31
If Banks gets into Bitcoin, I would jump ship. They have managed to f#$% up the world economy with reckless loans and fractional reserve banking.

We do not need them to charge excessive fees for things we already do at virtually zero fees. Mike Hearn and R3 and the banks behind this are now

direct competition for Bitcoin. Let's just do our own thing.. and leave the banks to steal more money from people who wants to follow them like

sheep. 
sr. member
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 06, 2016, 11:31:42 AM
#30
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 Grin Roll Eyes Roll Eyes

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

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


This can be good and bad at the same time.

It`s good that banks will adopt bitcoin and btc will become more popular.

It`s bad that banks might try to contol and change the whole bitcoin concept.
bitcoins will never be used by any banks and if bitcoins will become big then i think that banks might even disappear in the future
hero member
Activity: 826
Merit: 504
September 06, 2016, 11:20:45 AM
#29
Bitcoin is actually the end of central banking. The only way I see banks implementing Bitcoin is covertly, to hide their assets from the government and launder money.
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