Topic: Banks admit they fear BTC - page 3. (Read 2110 times)
Bank should be afraid of bitcoin because it has been discovered to take they jobs. I see bitcoin as a future of our financing and many wise company owner are working hard to study cryptocurrencies and how to adopt it into their system. Bankers are the really problems and reasons why we are in financial crisis.
Of course the banks hate and they are afraid of bitcoin because they know that the threat is all about investors and the investors from the banks will transfer to bitcoin and other cryptocurrency because they know that there is something better than putting money in banks since they can grow money easily with bitcoin and other cryptocurrency.
As it was known for a long time, the monetary system was created, so that money circulated in the hands of those who own them. Accordingly, the government owns money. The bitcoin does not belong to them and accordingly it can not bring them profit. Even if they make a tax on storage or trade. This will not save the government. A lot of people will evade taxes.
I think that banks are not afraid of bitcoins. They do not want to work with the crypto currency, because they will receive less profit from this.
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
I do agree on that, most of the people now a days prefer to invest on cryptocurrency more than placing their money on banks which makes their business loose its edge on the industry and that's why they are scared of crytpocurrency growth.
Because BTC is now competing with the bank quite fierce, BTC has taken over the market share of the bank too large. The number of visitors to the bank is declining
Government always use the media to influencing its citizens. I don't watch television for a long time, because all news that appears there full of negative influences, whose purpose is to scare us into doing something good. There's a lot of negative news about cryptocurrency. And i don't believe it.
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
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[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
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No it is not only that because as the system proposed a project implementation that really the community will be benefited and not only the capitalist. As we all know that in ICO period the investors are not just a single individual because the project is basing on the crowd investment. So this way those capitalist got scared and they know that their business will going to have a lot of competition and could slow down their business. 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
---
When we want to send money abroad, about 10% of our money is taken from us for sending fee. It's like a legal robbery. they are afraid of bitcoin, and should be.
I certainly feel that banks would be scared of digital assets that is cryptocurrency because it leaves them without major control of funds due to it's decentralized nature. Because of this decentralized nature banks would not be able to trade freely with deposited funds as they normally do with Fiat.
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
I do agree on that, most of the people now a days prefer to invest on cryptocurrency more than placing their money on banks which makes their business loose its edge on the industry and that's why they are scared of crytpocurrency growth.
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
Of course that banks don't like competition and Bitcoin definetely is competition in a part of services that are currently reserved for banks.
But competition is good and healthy and this can only make banks to improve their services and their attitude towards clients so we all could have benefit from it.
Also, sooner or later banks will embrace Bitcoin because they know they can't escape new technologies and virtual currencies if they want to survive in the market.
But competition is good and healthy and this can only make banks to improve their services and their attitude towards clients so we all could have benefit from it.
Also, sooner or later banks will embrace Bitcoin because they know they can't escape new technologies and virtual currencies if they want to survive in the market.
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
---
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
---
They should be afraid of Bitcoin because of the tendency that they are going to be out of the economic zone when things got freaky with crypto. But I really doubt that to happen since banks have a big role in our society for like doing mortgages and everything that would help us if we can't buy things in cash.
The banks hates crypto, to them, it like a big competitor that needs eliminating. So its obvious that banks doesn't like bitcoin because they are going to lose potential profits from it.All Bitcoin holders and users knew about this long before. However, banks also are politicians and official's allies. Banks are afraid of Bitcoin because they will lost a lot of investors and banking investment.
With bitcoin, peoples dont use banks to open account and make transaction. When we opening wallet, its like we have account in the banks and we dont need third party like banks. Bitcoin creating transparant ledger and bitcoin not controlled by anyone or institution thats why many central banks oppose bitcoin.
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
---
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
---
It's because investment in bitcoin is better than the bank. If we compare the profits of this two categories the bitcoin is much highest profitable than the bank thats why if...someday all people know and have gain more knowledges about the investment in bitcoin.. thats the time they leave the bank and transfer their investment in bitcoin.
I am just hoping that it would be a wake up call for banks that they should see how much people are hunger for a great investment that they did not give to investors/depositors. Hope they can find way for them to consider bitcoin in their system.
I think they haven't seen it yet. This banks are still confident that people are still gonna be choosing their platform where to save their money. Because of their propagandas towards bitcoin. 2017 was the hype for bitcoin not just because of the price but because they are also sending false informations that makes the bitcoin image not so good.
If accepted, the impact of Bitcoin (BTC) on banking services can be seen clearly. For example, remittance service in the country, if the money transfer in the currency will lose a cost to the bank if the bitcon transfer is very little and the bank they will not receive interest should learn afraid of bitcoin
yes you are right now some banks are frightened by the presence of bitcoin because bitcoin has a very sophisticated technology that does not need any more banks to save money that people have.
It is just a small part of the more important issues. Banks are not afraid that they are afraid of transactions and less revenue. However, if they do not accept the transaction, it will be difficult to develop. Electronic money contributes to a strong economic boost.
Because the advantages of bitcoin are so abundant then banks are afraid of being replaced with bitcoin, so many banks may anticipate how they will be useful in the future.
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