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Topic: Bitcoin can never be be mainstream, because bankers and corporations.... - page 3. (Read 1012 times)

newbie
Activity: 238
Merit: 0
I can’t agree with this argument. Because already bitcoins are popular among many peoples. They invest on this market because they feel this markets future will be great. But it’s true some countries and banks are banned bitcoin but i don’t think so this factor affect whole bitcoin project.
newbie
Activity: 266
Merit: 0
I don't think that it is totally impossible. But it will be very tough to do so if bankers and corporation take their position against crypto. But if people start accepting it then I dont think bankers or corporations can do much.
newbie
Activity: 68
Merit: 0
Of course it will be a mainstream, just need some time.
newbie
Activity: 308
Merit: 0
Yes, you are partially riht. The banks are afraid that someday people may choose Cryptos over them. But, there is also a probability that the banks and all the governments will understand the need of cryptos and finally will accept cryptos.
newbie
Activity: 224
Merit: 0
Bitcoin's nature is very fluctuative. Sometimes its price goes very high and sometimes it turns out very lowand then it rise up again. Besides, everyday it is developing. So, for this probably bitcoin can never be mainstream.
newbie
Activity: 266
Merit: 0
Most of the people are concern about crypto currency because it’s easy to use and easy to exchange where it will be mainstream in future because of its facilities some company can deny this facilities or may not give support but if we understand the percentage of user then it may be mainstream in future.
full member
Activity: 294
Merit: 107
Banksters and corporations are definitely slowing down the process of Bitcoin becoming mainstream. Bitcoin and cryptocurrencies can basically replace banks which only purpose is to store our money and give us a small interest for lending them our money. However, it doesn't mean that Bitcoin will never become mainstream. Cryptocurrencies are decentralised and there is no way to stop them. Even if they were illegal, people could still trade F2F. People need to understand why the should start using cryptocurrencies, they only listen to what they are told in the news.
sr. member
Activity: 490
Merit: 280
It will be hard for bitcoin to become a mainstream currency, indeed because financial institutions won't let that happen. They will use blockchain, but they'd rather create their own cryptocurrency than have bitcoin as mainstream currency.

In what ways do you mean that they will 'use blockchain'?

Or at least, what advantages will that have over using the Bitcoin blockchain itself? At least for some sort of tokenization or data timestamp type usage?
member
Activity: 280
Merit: 11
I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

The beautiful thing about crypto is it makes the banks and governments of the world irrelevant.
They will either wither and die or innovate and participate.

This is a global revolution and will be won without a single shot being fired.

The worlds financial cartels are grasping at straws to try and control us. The only thing they have since once they no longer control the money supply will be a greatly reduced threat of force.

Bitcoin is battling the issue on Regulation with financial institution by the government, Bankers and financial community was looking into the Regulation on Bitcoin transaction, there are some government or countries opening the window on Bitcoin currency digital transaction in the market trading, yet, it would take time and a lot more technical issues to be resolve on this. Once, acceptance on the said issue Regulation by the government is address by this bankers and financial institution, we can see a more favorable atmosphere for Bitcoin transaction.






After all who will fight and die, kill their brothers and sisters for a bankrupt state that no longer has the ability to support them financially.
Bitcoin is the perfect storm and it's coming for the banksters and their corrupt government lackeys.

They will all be a distant memory soon and only remembered for their participation in one of the most tyrannical periods of human history.

full member
Activity: 266
Merit: 151
First crypto index traded as a token!
It will be hard for bitcoin to become a mainstream currency, indeed because financial institutions won't let that happen. They will use blockchain, but they'd rather create their own cryptocurrency than have bitcoin as mainstream currency.
jr. member
Activity: 90
Merit: 2
I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

The beautiful thing about crypto is it makes the banks and governments of the world irrelevant.
They will either wither and die or innovate and participate.

This is a global revolution and will be won without a single shot being fired.

The worlds financial cartels are grasping at straws to try and control us. The only thing they will have once they no longer control the money supply is a greatly reduced threat of force.

After all who will fight and die, kill their brothers and sisters for a bankrupt state that no longer has the ability to support them financially.
Bitcoin is the perfect storm and it's coming for the banksters and their corrupt government lackeys.

They will all be a distant memory soon and only remembered for their participation in one of the most tyrannical periods of human history.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You know, every technology gets resistance and even credit cards went through the same thing with governments. Credit card use didn't really take off until 1978, when a Supreme Court ruling allowed nationally chartered banks the ability to charge out-of-state customers the interest rate set in the bank's home state.

People were used to cash and they resisted the technology when it was first introduced.

Bitcoin is going through the exact thing now, but the only difference is that Bitcoin is a community/public driven thing and it is not backed by large Banks. We will have to fight the small battles day-by-day, until we win the War.  Smiley 
newbie
Activity: 2
Merit: 0
The Roman empire did not stop Christianity, but accepted it as its main religion and tweaked to emperor’s needs.
full member
Activity: 504
Merit: 102
I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

Someday, banks and corporation will have a huge deal inside the crypto currency community and would bring us a lot of investors. We should be glad if they accepted it.
newbie
Activity: 56
Merit: 0
you are quite right but the main fact is that bank can be regulated by government but bitcoin not.
newbie
Activity: 150
Merit: 0
I think as of now, Bitcoin can never be mainstream, and yes it is because of the bankers and corporations (as one of the major contributors in the price of Bitcoin). These factors can "manipulate" the ups and downs of the market due to the "privileges" they have.
newbie
Activity: 146
Merit: 0
May be its wont gonna happen based on technological developments day by day it will be mainstream because everyone want to live their life easily so btc makes this facilities and this may applied in various sectors so banker or organization might not be affect on it based on its facilities.
jr. member
Activity: 322
Merit: 1
I think at this time it is very hard to become bitcoin as a mainstream. It is just because the governments will not allow it. As they don’t get any tax from it and they don’t get benefited. But I hope in coming future bitcoin will become the mainstream and no one will be able to stop it.
legendary
Activity: 2982
Merit: 1153
Bitcoin already was a mainstream last autumn. For now, people forgot about Bitcoin, just because it isn't growing. For now it's more stable.
Still the main stream. Cryptocurrency in general is the mainstream and till now, though bitcoin has gone down so low, still the crypto king. Until now no other coins have surpassed the fame of bitcoin and i dont think there will ever be.
legendary
Activity: 3542
Merit: 1352
I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

It's true that bankers have a lot of power in terms of control and whatnot. Ever since banks were established, they literally just limped the helpless and trashed the needy by making some policies which destroys the average man's financial state while they still rake in profits. Although I want bitcoin to take over the global financial system and replace fiat completely, it simply isn't going to happen, but it still can exist side by side with other established currencies.


another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

People will always think about fiat as the end result of their crypto investments/profits since it is the only currency that is globally accepted, and the fact that you cannot use bitcoin for basic day-to-day transactions like buying groceries, paying for gas etc. If bitcoin can be widely used, I somehow think volatility will come down and people will keep their bitcoins as is.

--

In the grander scheme of things, bitcoin might seem too little to make a dent in the global financial system, but at least it's making some innovations on technology and helping people understand that they don't need to rely on banks to handle and safeguard their money. It (bitcoin) is making a change, albeit slowly yet steady for most people who knows it and use it.
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