Topic: Blockchain is the Trojan Horse that will push Bankers and Investors finally to Bitcoin! - page 2. (Read 2563 times)

guess what, man? if you think everyone uses bitcoin and then give up using fiats, the fiats down so are the bitcoin. anyway i don't understand the 'trojan horse' mean.

Yup i agree with you, the bankers and investors must adopt blockchains technology, if they want be survive in the banking business although they must accept small fees for remittance business is like just get 1% fees  , as we know the bankers take fees 2% above.
There are no choice except adopt blockchains technology or the costumers of banks will moves to bitcoins because small fees in the bitcoin.

Because of bankers only interested making profits why they should push and fight bitcoin to the end? Instead of invest in bitcoin and make their own profits of it, as we do know that bitcoin value increases over time from nothing to $770/BTC1 right now, and we can assume that it's nothing compare to what will we get in the 5-10 years later.

I can't agree that this is a trojan horse. Banks know exactly what they are doing. They are not stupid. It is true that they are very interested in blockchain technology and they are making serious preparations to use it in their business. But that doesn't mean they will accept Bitcoin automaticly, not at all. As far as I know some banks are testing and considering use of Bitcoin but this is still far away from acceptance.

Not sure what kind of news you are looking at.

Checkout IBM, Infosys, Microsoft, EPAM, Accenture, EY , Deloitte .... lot of the big players are heavily looking into BLOCKCHAIN with many of their brains, consultants and devs. So they all need to learn about bitcoin first. If you learn bitcoin you need to use it and may stay in it & go improve it as well.

Yeah - could be seen as a virus.

Your name is Shenzou which is the name of a Chinese spacecraft so I assume you're Chinese. Do you realize the Chinese day traders are playing with Bitcoin right now like it's a game of Pai Gow? Eventually some big Chinese whale is going to play another game and dump all his coins. Money with its value based only on speculation instead of industry is too volatile. Be careful buying into the Chinese gambling hype or you could lose what little money you have (assuming you're not a whale trader waiting to get rich off of the desperation of the poor).

Well bitcoin has seen a lot of different changes and so is the bock chain, but since the bitcoin has been going up in terms of price and the number of people using it has increased made all investors and bankers have a second thoughts about whether they have to adapt to the current internet consumer base that is using the bitcoin as a mean of payment , but the nature of bitcoin and how dicentrelized it is and how unstable it could be pushes away the investors which they think on the long term bases if in the future government's policy about bitcoin and how are they gonna accept or reject it as a global currency.

I don`t see a "blockchain hype" anymore.There`s no hype about blockchain in the news,social media,etc...

I wouldn`t say that blockchain is a "trojan horse".Sounds like a virus.

The most important asset any company has, regardless of the industry that company is involved in, are its records. From real estate to high tech to banking your database is your lifeblood. A businesses database holds a record of every action that company has ever performed from its core business to its payroll processing and everything in between.

Companies are always looking for a better and more secure database. One sloppy or malicious employee, virus, hacker or equipment failure can ruin a company. Information technology departments religiously backup data and ensure that company employees have unfettered access to the information they need to keep the company moving forward.

The research into Bitcoins Blockchain happening all over the world has nothing to do with any anarchistic/libertarian wet dream. Companies are not looking to be on the forefront of a new world order or a government destabilizing new money. They simply want to find out if this new distributed database system can keep their records safe and accessible. The research into "Blockchain technology" will have no positive or negative effect on Bitcoin whatsoever. It may however make the companies that use it stronger than they have ever been before (that includes banks and governments too).

The idea that the internet will ever be shut down is a fairytale.  There would be chaos by morning if the internet didnt work,  they have even talked about making internet access a basic human right.   

But that is useless if they pretend to compete with an open permissionless borderless blockchain like the bitcoin blockchain. Is like competing with an intranet vs the internet, they will never win, it's already set in stone. Specially when they remove physical cash, everyone will go to bitcoin because no one likes having 0 financial privacy.

Hu?  Bitcoin runs on the blockchain?  Try to separate it...

Blockchain and Bitcoin are totally separate of eachother.
Banks may take some interest in Bitcoin in the coming future if price is high enough and there are enough unique users,
but most are going to focus on Blockchain technology and how they can use it for their own purposes- banking ledgers/ transaction record storage.

Not true. Vontobel, Fidorbank already want BTC...


And this dude exactly blows into my horn:


Blockchain here blockchain there, will solve all our issues and dreams.....


You wanna go and try it out like you stepped into the internet 20 years ago?

Good, go and download a bitcoin wallet. That works!

https://youtu.be/ZF0iCdYkXTM

banks are already making there own crypto. They dont want BTC

Banks in developed countries already know about bitcoin, but it's a fiat competitor - so it won't be adopted by them.
Blockchain on the other hand it gaining entrance into the banking industry.

Another top brain that blows into this horn:



https://youtu.be/d10j1lgxBXk


Very goooood!

Ernst & Young (CH) just starts accepting bitcoin for payments

https://bitcointalksearch.org/topic/m.17016187

When will PwC - big blockchainers follow ?

Deloitte, Accenture .... ¨?

They all first analyzed bitcoin  -> blockchain -> finally bitcoin

And pls start your brain - who do they consult?

They already do - lookup Swiss bank Vontobel launched a tracker product on bitcoin as underlying - they get some fees due the selling.

Next will by portfolio managers mixing this into their stock selection.

When an industry is giving out billions in bonuses while everyone else has to visit foodbanks; cost isn't a significant factor especially when the public purse will pick up the bill if it all goes wrong.

The idea that the banking industry will be disrupted by this technology is almost laughable. Especially since they have the capability to suck the few knowledgeable engineers, if they haven't already, out of the resource market and negotiate with the authorities to accept their alt-coin as tax payments. All that remains then is let the miners fight it out for dominance and take over the winners. Bitcoin (or it's alt) then becomes the inter-bank transfer service for VISA and Mastercard since the users are treated just as cash cows to the tech without a voice on the chain; they won't even notice.

The Chicago School have their fingerprints all over this, now, which is why decentralization is resisted so vehemently and the economists micro manage the software direction. It is starting to look more and more like Bitcoin is the dieing gasp of a rejected economic school as the world lurches to the right in a misguided attempt to get rid of them.

It did not have to be this way.