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Topic: Bitcoin can never be be mainstream, because bankers and corporations.... (Read 1012 times)

newbie
Activity: 75
Merit: 0
True and not true. Bitcoin is already in the mainstream but you're right I think bankers don't let bitcoin to get in full power because some are still afraid of this new system and I think bitcoin can bring down a lot of big comapanies and maybe even banks and this makes bankers to fear bitcoin.
Bitcoin has become a mainstream cryptocurrency for several countries including America, because of the recognition from banks that bitcoin is a digital currency. This recognition changes the perspective of society and companies about bitcoin
jr. member
Activity: 350
Merit: 1
BTC has become the sixth largest currency in the world! Become a mainstream currency soon!
The future of BTC will have a very broad space for development!
Banks and a company will accept BTC's payment method!
legendary
Activity: 1932
Merit: 1273
It is because the majority of us still enslaved by the banking matrix. Actually, decentralized cryptocurrencies are the gateway to exit the banking matrix but the awareness is still missing.

However, I believe the Bitcoin will be mainstream in the future but it still needs a revolution. We can't expect it in the short amount in time but slowly but surely it will reach the destination.
newbie
Activity: 23
Merit: 0
When legalization is basically complete, banks will have to accept the existence of electronic money and will offer themselves differentiated services electronically. It experienced a lot of opposition from the banks but today more people know bitcoin than any electronic money or other online currency.
full member
Activity: 378
Merit: 100
Yes, you are right, the war will be tough and heavy. No one is going to concede. On the other hand, I see no reason to unleash a conflict. Both are necessary in their own way. Maybe it will come to some compromise? Maybe the peaceful existence of both sides is possible?
newbie
Activity: 24
Merit: 0
It is not just about technological progress that we are struggling with centralized philosophy. In fact, we have seen exponential growth since the establishment and I do not see any reason for this growth to stop anywhere in the next decade. Banks and the government will not let it be to bring down the monetary policy of the government and the bank. Countries are forced to recognize electronic money in their territory and take some legalization measures under the pressure of citizens who actively protect their right to participate in electronic money activities. Banks and companies have no effect on the dominant bitcoin. It experienced a lot of opposition from the banks but today more people know bitcoin than any electronic money or other online currency.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
bitcoin is already moving towards becoming mainstream. the revolution is not something that you can ever stop no matter who you are. whether you are the government or the banking system or any other powerful organization.  you can never go against a revolution and stop it. it will crush you under its hooves. the only thing they can do is to slow it down but eventually it will happen.
bitcoin being a global currency is a global revolution and those countries that have embraced it and adopted it in their mainstream are already 100 steps ahead.
newbie
Activity: 72
Merit: 0
The thing is that the more pople hold Bitcoin and other cryptocurrencies the less those bankers and corporations can do. They have no governance over the blockchain. The more decentralised we will make it the bigger problem they will have.
member
Activity: 120
Merit: 10
True and not true. Bitcoin is already in the mainstream but you're right I think bankers don't let bitcoin to get in full power because some are still afraid of this new system and I think bitcoin can bring down a lot of big comapanies and maybe even banks and this makes bankers to fear bitcoin.
member
Activity: 392
Merit: 10
The US Central Bank's Federal Reserve Bank of St. Louis publicly supports BTC, recognizing BTC as a legitimate currency! This shows that BTC will soon enter the US market, BTC will become the mainstream cryptocurrency!
BTC is a good complement to the existing monetary system!
newbie
Activity: 130
Merit: 0
Bitcoin does not need to be the mainstream payment coin. Its value is greater than the coins paid. Bitcoin will only be more expensive.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Even if Bitcoin or cryptocurrency in general doesn't go mainstream, it still will be implemented in few industries/platforms . Cryptocurrency trading will never stop because cryptocurrencies are a great way for a government to tax the people, track the black money etc... If cryptocurrencies are banned the governments will never be able to track any black money in the market. So I believe both the fiat and crypto will walk side by side in the future.
newbie
Activity: 70
Merit: 0
This article is based on present situation but if we think of the future then we can easily predict that bitcoin obviously become mainstream.
newbie
Activity: 154
Merit: 0
 I could agree that the banks are hesitant to embrace the crypto because they will be the first one that could be affected by the revolution you are talking about. It's not just about the technological advancement.
newbie
Activity: 154
Merit: 0
It's not debate on this topic, bitcoin is already in the mainstream culture, one unit of its currency is valued at more than 6500 usd as of today and is the sixth most used currency in the world, it is mainstream culture already which is one the verge of international penetration.
newbie
Activity: 182
Merit: 0
Bitcoin was thought to be a failed attempt to overtake banks when it was valued at a few dollars in 2009. But the fact that the money could be transferred anywhere around the world without going through any banks and this too in the safest way possible where the transaction record is untampered.
member
Activity: 336
Merit: 14
Bankers and corporations will have no choice but to embrace bitcoin. They’re just delaying the inevitable. Not even with the help of negative articles on bitcoin by their friends in mainstream media. Cryptocurrency will become mainstream. As mainstream as their friends in the media.  Cheesy
sr. member
Activity: 490
Merit: 280
Also it almost goes without saying that bankers and people in the business of making money off of financial transactions will welcome new ways for them to make money. That's one thing I never understood about everyone thinking and saying that Bitcoin is somehow opposed to banks and such. When in reality it's almost a dream for them since it's quite difficult for the average person to manage and providing safe storage and financial advice is exactly what business the banks are in. So no reason to think why they won't welcome new ways to make money with open arms in my opinion.
newbie
Activity: 94
Merit: 0
It is my belive that Cryptocurrency and Bitcoin will become a mainstream currency but it will take some time. There is endless potential in Bitcoin. After solving some issues in their usage, we will be able to use Bitcoin in the mainstream.
legendary
Activity: 3374
Merit: 1824
It's very simple really.
In the real world, we know who is behind any currency, who is buyer and seller in each transaction, who is responsible for regulation, and if any conflict happen, which court is responsible.
So, do you really believe that some serious businessman will risk let's say 1 million $ or more, invest it in bitcoin and if someone cheat him, he can't do nothing about it?
No way!
There is no responsible bank or financial institution behind bitcoin, no regulation, no legal protection, nothing.
So, it's obvious why bankers and corporations will never accept bitcoin.

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