Do Banks fear cryptocurrency - page 29.

janelleshepard

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Quote from: uchiha_madara on February 17, 2018, 01:59:34 PM

Quote from: flag39 on July 15, 2017, 01:59:50 AM

Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

cannot be denied this is a matter of Business, Bitcoin disturb banking business Cheesy

Bitcoin actually didn't disturb banking business, they steal away the main function of banks which could make banks becoming useless .
You can compare Bitcoin as new things and banks are old stufss, classical way.
Bitcoin is the way faster and more freedom for users than banks. So that's why they're afraid Bitcoin will become huge and puts them in the past.

uchiha_madara

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Quote from: flag39 on July 15, 2017, 01:59:50 AM

Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

cannot be denied this is a matter of Business, Bitcoin disturb banking business Cheesy

odranoel

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It is a bank strategy to warned people to not involved cryptocurrency, because it will be happen that people do not need bank for them to save but instead using cryptocurrency for investment as well savings.

afroman1131

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I don't listen to what the media says about it.It is necessary to trust only exchanges, trusted sites and people who work in this area.All the rest is nonsense

pri3oner

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Bitgesell (BGL) Decentralized Cryptocurrency!

Yeah they are afraid of crypto. Cos they loose money that could be their own. They can call crypto "unsafe" and other stupid adjectives but we know what we do.

DimensionsOfHell

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Wonder they are panicking.Just really afraid for their personal gain.I'm absolutely sure of that.Very silly news from utterly do not understand people who do not need to believe

drukoz2

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Quote from: flag39 on July 15, 2017, 01:59:50 AM

Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

Of course, banks will be afraid of cryptocurrencies, because there are already technologies such as decentralized Bank from Crypterium, loans from the Credits project and much more. Banks - this is the last century.

glongsword

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Very interesting topic!Banks are already interested in this, which is not surprising in connection with such a huge and growing popularity of cryptocurrency.Want to see the price of them was growing as quickly ahah

Aveatrex

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Quote from: flag39 on July 15, 2017, 01:59:50 AM

Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

Ofcourse they fear it.
Simply because they know that Bitcoin/Cryptocurrency can destroy their banking system.Nothing has been a threat to the traditional banking system until Bitcoin showed up.
And trust me,they will fight against it with every way they could,they are already doing so.Banning,Spreading FUD on media etc..

jackjones53

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Quote from: Warren Buffert on February 17, 2018, 01:14:05 PM

Quote from: jackjones53 on February 17, 2018, 01:11:24 PM

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

They fear what they cannot be in control of. They can't get bailed out no more either and actually have to start doing their jobs.

I'd actually look at that.Now we can say that this area is relatively new and I would look at how it will interact with banks .

Warren Buffert

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Quote from: jackjones53 on February 17, 2018, 01:11:24 PM

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

They fear what they cannot be in control of. They can't get bailed out no more either and actually have to start doing their jobs.

aircrusan

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Quote from: jackjones53 on February 17, 2018, 01:11:24 PM

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

Even if this happens in many, many years and very unlikely.If we can fully move over to real money at once it will be an incredibly strong blow to the economy of the whole world

jackjones53

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I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

Griegura

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Many people talk about it,but what can be said about real earnings?Is it a myth?After all, almost everyone who has cryptocurrencies displays any part of the usual money

Lucas777

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Justice as a Service Infrastructure

The news was on July 15, 2017 about banks in Albania. The correspondence is very long is not about Banks of Albania. Can someone tell what happened?

Jerical13

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In my opinion, banks are not afraid of bitcoin. On the contrary, they want to receive interest from transactions, which is not happening at the moment. Now imagine what cash flow is transferred daily from one purse to another and the banks do not receive anything from it

Venzter

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Bitcoins are not yet legalize currencies in today's world there fore it is not wrong to say that banks are yet not terrified due to the use of Bitcoins at such a big rate.Therefore this thing might become possible but it would take much more years to be in the picture In banks even today the paper money is more useful for transactions even at the national as well as international level. But lets hoping that it would be possible for upcoming years.

fleda

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Quote from: bitfocus on February 17, 2018, 09:42:30 AM

Bitcoin is the ultimate bank killer, due to its nature bitcoin can kill the present banking business anytime - we just need to start using bitcoin more and more - all the banks will be gone.

I think that is not going to happen especially when governments are banning bitcoin from their country. They are preventing this from happening, because they know the capacity of bitcoin to take over banks, because of its technology and the different advantages that people get when they are using bitcoin.

AymDoo

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Crypto currencies are the biggest enemy for bankers. The whole idea about decentralization is freaking banks out because they will no longer have people's money to control them. People will be their own banks, they move their money at any time, to anyone, and at extremely low fees. If every person can do this, why do we need banks!?

ohzeih5n

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Yes they do, they fear the evolution of crypto in general, It push them to make pressure on governments so that the big bosses of the country make such huge restrictions in the use of bitcoin and alts..

Topic: Do Banks fear cryptocurrency - page 29. (Read 17113 times)