All these banks are now useing bitcoin - page 4.

wikenpp

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Quote from: ABCbits on September 06, 2016, 09:10:28 AM

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.

Some major banks already got their own bitcoin developed. A copy of the current bitcoin network, but then their gave it their own twist.
Like OP stated i find it funny they first were opposed to it, by claiming it was money used by criminals, yet they did do the exact same thing.

mobnepal

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Bank will never gonna accept bitcoin direct deposit or withdraw for sure as they can't track these transactions with bitcoin. However bank have already started accepting deposit/withdraw through coinbase like exchangers/wallets in some countries which can be considered as they are being quite attracted towards bitcoin.

But banks are looking to implement blockchain tech rather than bitcoin directly in their regular financial transaction which will surely gonna be centralized blockchain.

Cozynunu

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Quote from: TastyChillySauce00 on September 06, 2016, 07:01:31 AM

Quote from: xuan87 on September 06, 2016, 06:11:42 AM

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea

well bank is just an option,there's so damn many option there,if you don't need bank's service then don't use it.you're given the right to choose and freedom so all is up to you,and keep in mind that if you're using bank's service,you're agreeing their term of service so there's no reason to regret about

There are so many banks going into the bitcoin because banks likes money and with bitcoins is making money easy you just need to know how you can make the most money with the bitcoins.

ABCbits

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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.

davis196

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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

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.

Rubberduckie

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Quote from: dihari on September 06, 2016, 01:32:14 AM

i doubt if bank will accept bitcoin as one of they payment. because bitcoin is decentralize and no one will give the responsibility if bitcoin is down or get hack.

yeah all banks are backed with FIDC in the US and there is no way they could
put their customers money at risk by accepting bitcoin and to be hones I'm happy
about it. I already hate Wells Fargo the last thing I need is them ruining bitcoin for
me.

Daifotis

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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

Well I see no wrong if banks will adopt bitcoin and besides it will just make bitcoin become a strong currency.

For those people who are saying that their freedom will actually be gone if ever that will happen, YOU ARE COMPLETELY WRONG!

Explanation to this will take some time so I will not bother to explain it and better check it out to yourselves.

BTCLovingDude

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BTC to the moon is inevitable...

if banks decide to start using bitcoin and getting involved with it, then i guess that would mean bitcoin has already reached the mass adoption stage and also the government has already made it legal and official currency.

so in this case i don't think it matters what banks do by that time since bitcoin would be already big.

shamzblueworld

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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

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.

Pursuer

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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

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.

pinkpanther03

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Quote from: 1Referee on September 06, 2016, 04:59:25 AM

There is no point in hoping for banks to adopt Bitcoin as it simply isn't realistic. That being said, I don't even want banks to adopt Bitcoin. People are happy to be the owner of their money for once, why should they jeopardize that and make use of a bank holding people's coins? 1BTC under your own control is worth twice as much as 1BTC under the control of a bank, exchange, or whatever else.

The bank can only adopt the benefits and advantage of bitcoin but not to infer other's bitcoin holder. If that happen the meaning of bitcoin will be change at all it will not be decentralized anymore instead it will be centralize, and that is not a good sign to all bitcoin enthusiast.

TastyChillySauce00

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Quote from: xuan87 on September 06, 2016, 06:11:42 AM

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea

well bank is just an option,there's so damn many option there,if you don't need bank's service then don't use it.you're given the right to choose and freedom so all is up to you,and keep in mind that if you're using bank's service,you're agreeing their term of service so there's no reason to regret about

pinkpanther03

hero member

Activity: 1092

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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

If all banks are using bitcoin, that is great news for me, bitcoin price probably might gonna be increase and all bitcoin holder will be happy, because are waiting to sell their coins at the price they've been waiting for. That is only if bank owner is one of the bitcoin user but if they're the one who will hold our coin that's not good.

Schuyler

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Quote from: xuan87 on September 06, 2016, 06:11:42 AM

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea

If bitcoin becomes a huge success, for sure banks would like to have a share of that pie. How they are going to add bitcoin to their services is something that might be hard to make. But if they think that it is profitable enough for them, they might find ways to do so.

xuan87

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well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea

prabowo96

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it's showtime

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

banks will never deal with bitcoin, maybe they can use the blockchain technology and that's all, well, I think they will create a lot of altcoins and this can increase the bitcoin or other alts price..

we already pay high taxes to banks, I don't like banks, do you? hope they all go bankrupt

OmegaStarScream

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It's not gonna happen as banks love to control (centralization) , like charging high fees from their customers and ask for your real information's , all of those things defeats the whole purpose of using BTC in the first place so unless banks change the way they think , this is not going to happen.

thend1949

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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

If they adopt bitcoin for me its good because it may cause price rise, it will affect world wide price And Many investor will be happy because the pruce will rise. But what is the reason why bank adopt this bitcoin ? It is risky so i think they didnt adopt it, it will cause bankcruptcy,

1Referee

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There is no point in hoping for banks to adopt Bitcoin as it simply isn't realistic. That being said, I don't even want banks to adopt Bitcoin. People are happy to be the owner of their money for once, why should they jeopardize that and make use of a bank holding people's coins? 1BTC under your own control is worth twice as much as 1BTC under the control of a bank, exchange, or whatever else.

pooya87

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Quote from: Kakmakr on September 06, 2016, 01:55:36 AM

Do not confuse Bitcoin and Blockchain based technology with each other. Banks are not interested in Bitcoin, because it is a technology that are in direct competition to their business model. They are focusing on improving their systems with the help of Blockchain technology, but they are not using the Bitcoin token.

These people saw a opportunity to take a disruptive technology not protected by any intellectual property rights and to use this to streamline their business and to make even more money for their shareholders. Nobody can stop them from doing this, but the clients still have a choice to stay with them, or to deal directly with Bitcoin. ^hmmmm^

yes i agree but also i do believe that banks will eventually adopt bitcoin.

look at coinbase right now, it is a bank by definition it may not have all their functionality like giving loans, giving profit on the deposit, ... but it is a bank because you are handing them full control over your bitcoins (money) just like what you do with banks and they are free to do whatever they want with that stash.

so in the future i believe more and more services like this will start and banks will get on board as long as there is a profit.

Topic: All these banks are now useing bitcoin - page 4. (Read 2649 times)