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Topic: Could the banking system be behind cryptocurrenices? - page 2. (Read 1869 times)

hero member
Activity: 560
Merit: 500
There is no way that banks are behind crypto currencies after all there is no sane bank owner or personnel that will try to create crypto currencies especially bitcoin, since it can destroy their business. Aleo, banks don't like decentralization so why would they create crypto currency that are decentralized? It won't make sense if someone working for bank is the creator if bitcoin unless he/she wants to destroy banks.
sr. member
Activity: 322
Merit: 250
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!
There is no way to actually be able to determine the right set of people that are behind bitcoin but one thing I know is that if banks are actually behind it, they have chewed more than what they bargained for because if this trend is going on like this, I then see what they brought into existence putting them out of business and that's exactly what's going to happen immediately some events happen to the advantage of bitcoin.
hero member
Activity: 1148
Merit: 504
OP, that moment that you have to say your question is SERIOUS.


We dont know but there is always possiblities that banking system be behind cryptocurrencies. How come that unknown person build this crypto with no one will help him/her. Ofcourse the owner of bitcoin build a team and they are working together for the bitcoin's future. There is always a backup. In business there is always partnership.

Why would banks create something that will ultimately destroy them? Bitcoin is everything that they are not. and if bitcoin succeed, it will render the banks useless.
member
Activity: 98
Merit: 10
Bitcoins just the replacement for liberty reserve.   Wink
sr. member
Activity: 798
Merit: 255
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!
We dont know but there is always possiblities that banking system be behind cryptocurrencies. How come that unknown person build this crypto with no one will help him/her. Ofcourse the owner of bitcoin build a team and they are working together for the bitcoin's future. There is always a backup. In business there is always partnership.
full member
Activity: 314
Merit: 105
Of course not. Blockchain is the one who regulates crypto currencies, and it's decentralized thus government can't regulate it. Also, its developer's identity wasn't shown publicly so thay government can't control them.
legendary
Activity: 1666
Merit: 1001
I don't think banking is behind the bitcoin, because the bitcoin principles is very different with banking system, the banking really serious about the transaction transparency while bitcoin is far from it and all the banking system is centralised, I believe bitcoin was made by some group of people who wants a revolution
sr. member
Activity: 490
Merit: 256
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would a banking system related entity would be behind the existence of cryptocurrency when most of the cryptocurrencies out there are designed to be untouched or decentralized. They even hate to be regulated. Banks is all about regulation of money so why make cryptocurrency? Maybe the entity behind is sick about the regulations of money in the banks so he/she/they made cryptocurrency just to fill their wants? It seems illogical.
hero member
Activity: 1330
Merit: 569
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

The way bitcoin is, whether an individual backs it up or group of individual is actuay not a matter for discussion but the aftermath of the project which has come to turn out well. If the bank has even supported it as you have rightly alluded then it defies reasoning in the sense that how would someone sponsor what will literally bring an end to its existence which is something bitcoin is going for if all things are held constant.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!
In my opinion bitcoin was not created by the banks or governments, if it was then they should have added other characteristics to bitcoin, like the ability to print it at will, or a central authority of some type, bitcoin does not have anything like that, and we have seen governments working on their own coins with those characteristics, to me that is proof enough.
legendary
Activity: 1372
Merit: 1252
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

It could be that they tried to make bitcoin an experiment, then convert it into something they can control like giving it massive blocks, or supporting Ethereum/Ripple or anything else they can easily control.
But bitcoin as it is right now, it's not really good for the banking system.
legendary
Activity: 2016
Merit: 1106
definitely not banks,but structures close to the world goverment
the idea is to wipe the debts and restart the pyramid using no fiat money and to try and transfer everything money related into digital/cyber space
I think they are trying to remove fiat money,especially the notes and force people to use cards,accounts,wallets etc.
anything that can be controlled remotely online and turned on off at will
cryptocurrencies are the ideal choice here,you are dependant on the internet -no network=no money
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Already around the world several countries have digitised their entire services through digital token usage for transaction and through other means. Now once again banks behind bitcoin is not gonna happen and bank might use bitcoin for specific purposes during transaction.
legendary
Activity: 938
Merit: 1000
The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
True, Banks are not fools, its should already be in the game for some time ago, they just have to wait  some time now, also if it become more popular they will look for ways to create new financial services and charge for those services, finally that's what they usually do.
sr. member
Activity: 358
Merit: 254
void
I cant tell about conspiracies or whatever hidden agendas behind crypto...

But i can see what happens right now , i think .

Sold out all capable GPUs , big electricity bills , newcomers willing to turn flat into crypto ...
Exits are closed , HODLing is more than religion to many Crypto natives.

The whole Crypto ecosystem produce what Governments,Banks etc WANT !

CONSUMPTION Smiley
hero member
Activity: 490
Merit: 501
This is a very very funny post speculating on something which is already known and established -- that Nakamoto could not be involved with the government otherwise he would not try to create Bitcoin which is kinda a little bit against the traditional set-up we have in the financial and even in political sectors.

Bitcoin is a disruption against the common control as established by our central banking system. In  Bitcoin, the control is given to the people or the holders of the currency. While we can never stop the government from also getting involved with cryptocurrency, it does not mean that the government has a hand on this one.

I am also tired of all of these Illuminati conspiracy theories which are actually nice for a movie script and for fantasies while lacking in solid evidence.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
full member
Activity: 196
Merit: 100
Bitcoin has created a huge loss to banks in transaction sector and bankers see bitcoin as their main rival.Bitcoin has freed people from banking sector and it is a decentralized currency uncontrolled by any one.Banks and governments have tried their best to destroy bitcoin.I don't understand why OP got this doubt.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would banks ever invent bitcoin?

There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.

This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.

We all know who invents bitcoin but Its very got a high possibilities that banking systems can be behind of some crypto's since they can create for themselves if they want to create it. And maybe they will look up for this situation since CryptoCurrencies are one of the top trending neews on online business industry and if they keep looking on how profitable it is surely they will think to have it in future.
sr. member
Activity: 532
Merit: 250
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would banks ever invent bitcoin?

There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.

This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.
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