China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank.
Topic: Bank moving towards bitcoin soon? (Read 2519 times)
China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
many others are also investing in bitcoin but that is not because of global and economy crash in the present or possibly future. it is mostly because everyone is starting to realize the power that bitcoin has.
and you subject that is saying banks moving towards bitcoin is another story which will happen but not until bitcoin is adopted by masses.
China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank.
China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank. 
I dont think so. Banks are centralized while bitcoin is the opposite of banks. What will happen to banks if they start adopting blockchain technology? These two are very different and against each other. For that to be happen, banks should be decentralized in able to work well. I really doubt this will be happen even in the future.
Nope, and it means blockchain doesn't work if the bank wasn't using the decentralized system? It wrong at all. Blockchain is a system and it can be customized.Why a lot of press or media were releasing some news about the blockchain has researched by the conventional institution?
Your word wasn't making sense.
I don't see banks moving towards bitcoin as well.
Bitcoin has a market capitalization of about 12 Billion $ at the moment.
That's not much for the big banks. Isuppose it's too less to even think about a bitcoin strategy.
By the way, if a few banks would realy invest in bitcoins, the price would rapidly rise.
They would create anothere bubble at the financial markets. And that's something they don't need now at all.
Bitcoin has a market capitalization of about 12 Billion $ at the moment.
That's not much for the big banks. Isuppose it's too less to even think about a bitcoin strategy.
By the way, if a few banks would realy invest in bitcoins, the price would rapidly rise.
They would create anothere bubble at the financial markets. And that's something they don't need now at all.
I dont think so. Banks are centralized while bitcoin is the opposite of banks. What will happen to banks if they start adopting blockchain technology? These two are very different and against each other. For that to be happen, banks should be decentralized in able to work well. I really doubt this will be happen even in the future.
I guess it will not implemented soon, banks moving towards
bitcoin may consider a lot of things before it will released.
We all know that bitcoin is decentralized, also if this will
happen many will adopts its changes.
bitcoin may consider a lot of things before it will released.
We all know that bitcoin is decentralized, also if this will
happen many will adopts its changes.
Chinese people seem love to bitcoin and it is the country with largest amount of bitcoin miner so basically china is already collecting bitcoin but what Russia is doing behind the scene is unknown. But even if any country start to grab few bitcoin to hold for worst economic situation in future like during worldwar they will grab it silently and i highly doubt any country to announce this officially.
China is very modern country with high technologies and smart brains. Yes they are number one now with using bitcoin. I think it is cause of they are realise all the pluses and pespective of bitcoin. And russia already get it. So that is why Russia wants to make frienship with china and use their ideas.
I heard on the news that some expert in China predict the price to bitcoin as 1 mln $ and advice to everyone to by at lest one bitcoin. I think Russia does not want to skeep that great chance.
There's no way bank moving towards bitcoin unless bitcoin is legal in their country and many people use bitcoin there.
Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
There are some advantages if banks adopting bitcoin, I think they can't control it or make it centralized as the system set that way except everyone sell theirs coin to banks. I mean, it will like bank investing in bitcoin and people simply could convert their money to bitcoin and vice versa, but only if the state legalized bitcoin to adopted by banks and as accepted payment everywhere which seems impossible, lol. But at least bitcoin still have it own market that will develop and has massive adoption.Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
it is true that if bank adopt bitcoin there will be a huge advantage for the bank and the user, the bank transaction flow is bigger and the user easily buy and change bitcoin to fiat, however both of them have a different purpose and even the bank want to adopt bitcoin the government will not allowed it, but for me it is better bank and bitcoin are separated
Big countries like China and Russia are countries that are not just big for nothing. This countries are one of the most powerful country because it is rich, why? Because people in this countries are not narrow minded in all aspects of things especially when it comes on how their country would be a success on everything. It doesn't surprise me at all if China is interested in bitcoin because bitcoin is really interesting when we are talking about privacy and transaction speed.
There's no way bank moving towards bitcoin unless bitcoin is legal in their country and many people use bitcoin there.
Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
There are some advantages if banks adopting bitcoin, I think they can't control it or make it centralized as the system set that way except everyone sell theirs coin to banks. I mean, it will like bank investing in bitcoin and people simply could convert their money to bitcoin or vice versa, but only if the state legalized bitcoin to adopted by banks and as accepted payment everywhere which seems impossible, lol. But at least bitcoin still have it own market that will develop and has massive adoption.Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
Already Citi bank newyork announched these advantages in the press meet about bitcoins advantages and its uses in the banking sector. This official information was provided on last month. I guess citi bank will adopt bitcoins as the payment and transaction medium soon.
There's no way bank moving towards bitcoin unless bitcoin is legal in their country and many people use bitcoin there.
Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
There are some advantages if banks adopting bitcoin, I think they can't control it or make it centralized as the system set that way except everyone sell theirs coin to banks. I mean, it will like bank investing in bitcoin and people simply could convert their money to bitcoin and vice versa, but only if the state legalized bitcoin to adopted by banks and as accepted payment everywhere which seems impossible, lol. But at least bitcoin still have it own market that will develop and has massive adoption. Bank don't want bitcoin become popular because centralized is what makes them strong
To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
Here is the answer what the ECB is thinking about Bitcoin:
http://www.zerohedge.com/news/2016-10-19/ecb-wants-curb-bitcoin-use-over-fears-it-may-lose-control-over-money-supply
http://www.zerohedge.com/news/2016-10-19/ecb-wants-curb-bitcoin-use-over-fears-it-may-lose-control-over-money-supply
Quote
However, overnight in a surprising reminder how the European central bank feels about bitcoin and other virtual money, the ECB urged EU lawmakers to tighten proposed new rules on digital currencies such as bitcoin, fearing they might one day weaken its own control over money supply in the euro zone.
Moving towards Bitcoin is definitely adopting the system and technology that Bitcoin rests upon and not that they want to start using Bitcoin as a form of currency I believe that mis-conception should be cleared and that is the highest we can get as the banking system has evolved over centuries to be what it is today and they are still standing. If its adopting Bitcoin as a currency then I say is beyond the powers of Bank because they themselves cannot decide that a currency whether digital or paper is now a "LEGAL TENDER".
China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
Most of the major players will move to gold and maybe oil.
I don`t think that "everyone" will move to digital money.Virtual accets aren`t very attractive during a
crysis.
China is too much into Bitcoins already and about Russia, they won't be allowing this giant so easily to spread at their places...
Chinese Government might allow their banks to get into this as they always go there first, where they see profits...
Chinese Government might allow their banks to get into this as they always go there first, where they see profits...
For the time being, Chinese Government does not allow their banks to get into bitcoin. That is the policy since late 2013.
China is too much into Bitcoins already and about Russia, they won't be allowing this giant so easily to spread at their places...
Chinese Government might allow their banks to get into this as they always go there first, where they see profits...
Chinese Government might allow their banks to get into this as they always go there first, where they see profits...
I don't think investing in gold's going to bring in a big market crash, if that's what you meant. Also Banks aren't happy particularly about accepting Bitcoins. I know there are a couple who have accepted it and it's just in countable figures, but almost 99% of the banks would prefer to invest in Blockchain technology, develop their own form of virtual currency and have that circulate in the market rather than support Bitcoin.
Are there any banks which accept bitcoins? Regulations in most countries will prevent them from doing so.
Even if banks want to accept bitcoins, they are bound by regulations.
They can move towards bitcoin in order to make quick money but it will only speed up the inevitable process: the total destruction of the fiat banking system.
The beauty of bitcoin is that you can't make it out of no where. It should have been same with gold but banks found how to cheat on those. Most of the banks offer gold accounts for their customers. In those accounts they show you how much gold you have. It is the same crap as showing your account balance in $$$. As you know, Deutsche Bank actually refused to pay in gold to its customers.
http://www.zerohedge.com/news/2016-09-01/xetra-golds-responds-deutsche-banks-failure-deliver-physical-gold
They can't pull this crap with bitcoin. If they can, it means people are way more stupid than we already think they are.
The beauty of bitcoin is that you can't make it out of no where. It should have been same with gold but banks found how to cheat on those. Most of the banks offer gold accounts for their customers. In those accounts they show you how much gold you have. It is the same crap as showing your account balance in $$$. As you know, Deutsche Bank actually refused to pay in gold to its customers.
http://www.zerohedge.com/news/2016-09-01/xetra-golds-responds-deutsche-banks-failure-deliver-physical-gold
They can't pull this crap with bitcoin. If they can, it means people are way more stupid than we already think they are.
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