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Topic: Banks admit they fear BTC - page 2. (Read 2124 times)

newbie
Activity: 44
Merit: 0
August 24, 2018, 11:42:45 AM
They are really afraid of Bitcoin because they know Bitcoin will be extremely development in the future but they can not extinguish it because of its anonymity.
member
Activity: 336
Merit: 10
August 22, 2018, 08:06:05 AM
Absolutely agree! I believe that the banking system and, in general, the entire economic system as a whole has already outlived itself. As much as it would be desirable that people would not yield to the provocation of the media. I still hope that banks will fall in this fight.
member
Activity: 840
Merit: 10
August 11, 2018, 07:43:35 AM
Banks should be afraid on bitcoin. With bitcoin, peoples can open wallet easily and having bitcoin wallet is like opening banks account. With bitcoin wallet, we can make transaction with others peoples in the world without using third party like banks and we can save a lot cost for transfering our bitcoin. Its much cheaper than banks fee
jr. member
Activity: 112
Merit: 1
August 11, 2018, 06:35:24 AM
i'm simply hoping that it might be a awaken name for banks that they ought to see how a whole lot people are hunger for a super investment that they did now not give to investors/depositors. wish they could locate manner for them to take into account bitcoin in their gadget.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
August 10, 2018, 02:02:13 AM
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us




---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---

I don’t know for sure, but I think banks can end Bitcoin. And if you ask me how they are going to do that, I think it’s by protesting with claims that Bitcoin is ruining everything they have ever worked on, then you will see the government interfering in the matter.

And when government decides to stop, they can do that at once. The only reason why Bitcoin is still being used is because there are countries where it is being allowed. So don’t say that banks are afraid of Bitcoin, they are not.
member
Activity: 420
Merit: 11
August 10, 2018, 12:19:57 AM
Banks are afraid of implementing blockchain, but it will help organize the workflow in their organizations and cut costs.
sr. member
Activity: 2352
Merit: 245
August 09, 2018, 11:48:20 PM
Yes, because BTC is always a risk to break down the business of the banking sector, today the growth rate of the cryptographic market is increasing rapidly as rushing, which may occupy the entire financial market on world
Governments and banks are afraid of the unregulated nature of decentralized crypto currency. The economy of each state is planned, without planning it is difficult to develop it. Decentralized crypto currency with its chaos can break this delicate mechanism. In addition, such a crypto currency is not beneficial to banks and the government. She gives them nothing, except for problems. Decentralized crypto currency is very much needed only for citizens, so people should influence their governments and force them to pass appropriate laws on the introduction of crypto currency as a means of payment in parallel with national paper money.
member
Activity: 390
Merit: 11
August 09, 2018, 09:16:31 PM
The cryto community will continue to be burdened by this problem, where many world governments are reluctant to accept the crypto principle of decentralization, they still want to regulate everything and be protected by regulations that benefit them but not for society. only people who want to learn crypto will understand and benefit from the crypto
hero member
Activity: 1008
Merit: 501
August 09, 2018, 08:17:24 PM
That really doesn't come as a surprise to me, and I just wonder why they actually admitted that. Not that I really care, because I take a critic approach on every try of news I read, either being positive or negative news. Everyone knows that cryto is a highly speculative market, and that news play a huge role on it's price movements, so its easy to try to perform price manipulation when you know you can reach to a huge number of people.

Maybe banks admit it because they want to enter on cryptocurrency market and adopting crypto to their system. If banks admitted they entering on crypto market, indeed it will make price movement very high fluctuation because banks will bring a lot money in market
Actually the hope of bitcoin users is this. where banks can collaborate with crypto. banks adopt bitcoin. and users can easily deposit
or withdraw to bitcoin. of course that can be beneficial for both right? I hope that can happen in the next few years
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
August 09, 2018, 07:59:58 PM
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many ,too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money on a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us

That's a lot of good read articles thanks. Besides that, they also want to harness the blockchain tech for their use but they don't want a decentralized one. The real reason why banks and government(most of them) hate Bitcoin is not just because of the reason you stated OP, but because they cannot control our money that way and using it is bad for them because of blockchain's transparency that will make it harder for corrupt ones to steal on people's money.

Bur banks now are strting to adapt blockchain technology to their technology since they know what troubles they are facing if they continue to deny the effect of cryptocurrency to their companies,crypto is dominating the banking system and leaves them no choice but to embrace block chain and all the technology behind this virtual coins
member
Activity: 798
Merit: 10
August 09, 2018, 07:42:51 PM
That really doesn't come as a surprise to me, and I just wonder why they actually admitted that. Not that I really care, because I take a critic approach on every try of news I read, either being positive or negative news. Everyone knows that cryto is a highly speculative market, and that news play a huge role on it's price movements, so its easy to try to perform price manipulation when you know you can reach to a huge number of people.

Maybe banks admit it because they want to enter on cryptocurrency market and adopting crypto to their system. If banks admitted they entering on crypto market, indeed it will make price movement very high fluctuation because banks will bring a lot money in market
full member
Activity: 336
Merit: 100
August 09, 2018, 04:59:45 PM
That really doesn't come as a surprise to me, and I just wonder why they actually admitted that. Not that I really care, because I take a critic approach on every try of news I read, either being positive or negative news. Everyone knows that cryto is a highly speculative market, and that news play a huge role on it's price movements, so its easy to try to perform price manipulation when you know you can reach to a huge number of people.
member
Activity: 795
Merit: 10
August 09, 2018, 04:22:08 PM
Of course banks are afraid of bitcoin what bitcoin can do to them, and that is much reason banks are looking for ways to pull crypto down and make it to become history.
full member
Activity: 387
Merit: 100
August 09, 2018, 04:20:37 PM
I think banks will soon come up with a mechanism for lending individuals crypto-coins. That is, They will issue bitcoins, and we will pay for them with Fiat money. On the one hand, this is a good opportunity for us to buy bitcoin in installments, but we will have to pay more % and Commission. This segment will remain for the banks.
newbie
Activity: 112
Merit: 0
August 09, 2018, 04:19:43 PM
I'm waiting this moment since 2013. It will come soon, I'm sure! Banks now are starting to understand what's is a crypto and what's their potential. It won't require too much to scare the whole market with its volumes and trading.
Banks will join (if they still didn't) cryptocurrency trading REALLY soon! Big whales are coming!
newbie
Activity: 60
Merit: 0
August 09, 2018, 04:18:56 PM
There are a lot of evil in this world and a lot of it is perpertrated by the ones we see as super intelligent, leaders!
But what i believe is that it is time for good to prevail. Guys like satoshi, ned scott are applying their knowledge and resources to better the life of people they dont even know. And I pray for those guys everyday because if I have as much wealth I would have ask for wisdom to use it for the betterment of humanity.

Nobody can stop the BTC or cryptocurrency movement. It is here to stay!
hero member
Activity: 1582
Merit: 759
August 09, 2018, 04:02:54 PM
This has been long known for a while. When banks freeze your assets solely on the basis of you using bitcoin, that's purely fear based on their part.

I hate it though, it ruins advancement. IMO, banks should participate instead of trying to hinder technology.
member
Activity: 152
Merit: 10
August 09, 2018, 03:02:59 PM
People are still believing that Bitcoin is that exact thing, that will allow them to become rich over one night, people heard about that speak in 2017 and they are thinking that it will repeat again. So they are trying to catch it.
newbie
Activity: 130
Merit: 0
August 09, 2018, 11:05:06 AM
With bitcoin system, we dont need banks because we can opening wallet with easily and we can transfer our asset with lower fee transaction. If bitcoin spread all around the world and people start to use bitcoin, I am believe we dont need intermediary for our transaction and cheaper transaction fee Grin Grin Grin
full member
Activity: 644
Merit: 100
August 09, 2018, 03:40:51 AM
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us




---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---


Of course Banks possible afraid in Bitcoin because of its popular today. However, they are chill because banks is banks they are decade in this industry and they are confident enough that they can not be destroy in such a crypto. Even though they are afraid in Bitcoin still they have a weapon to protect themselves from distruction. Banks are still we need in our daily lives.
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