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Topic: Do Banks fear cryptocurrency - page 45. (Read 17113 times)

legendary
Activity: 1876
Merit: 3132
December 16, 2017, 01:04:55 PM
I think that banks are already afraid of cryptocurrencies. Simply because it is a huge threat to them. Banks might be replaced in the future by them. The only purpose of the banks could be long-term storage of money. Bitcoin allows us to be our own banks, we don't have to trust third party anymore. I feel much more confident when I'm responsible for my life savings.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
December 16, 2017, 12:35:22 PM
Most people do not understand the world of cryptocurrency the amount of fiat in the space is scary to the world leaders
member
Activity: 294
Merit: 10
December 16, 2017, 05:49:35 AM
Banks should be afraid of crytocurrency because bank and blockchain fuction similarly sooner or later banks will lose its client and its a worst thing that could happend  to a bank.
member
Activity: 266
Merit: 10
December 16, 2017, 05:43:33 AM
i think they are afraid, its more safer and secure if you know how to get secure. its just like online banking so if their investment go down the company/bank will have a crisis
member
Activity: 98
Merit: 10
December 16, 2017, 05:39:17 AM
Of course banks fear of Bitcoin because Bitcoin may lead to destroy banks. And also no one has total control over Bitcoin so government has also fear of Bitcoin.
newbie
Activity: 3
Merit: 0
December 16, 2017, 05:38:31 AM
i think yes
full member
Activity: 616
Merit: 100
December 16, 2017, 05:19:13 AM
There is no guarantee the Bank will be afraid of crypto but let's see in the future what will happen.
member
Activity: 224
Merit: 21
December 16, 2017, 05:17:25 AM
Banks are afraid because they can not control them. cryptocurrency generates no need for third party control. will need to take measures to manage,
member
Activity: 224
Merit: 10
December 16, 2017, 05:14:36 AM
anks are afraid of cryptocurrency. Simply because the cryptocurrency will replace the bank. In the future we will not have bank notes. that's for sure
full member
Activity: 218
Merit: 100
December 16, 2017, 05:11:51 AM
Its hurting banks, People are moving into crypto more and more now and leaving banks. That is why banks are in a loosing way and hate crypto and the hate is increasing day by day.
newbie
Activity: 182
Merit: 0
December 16, 2017, 04:45:00 AM
Banks absolutely panic cryptocurrency. They have no idea what to make a attain of and they are certainly panicking. They first tried to bash it. and now they are toying letar tahn starting their own cryptocurrencies competently as playing later enterprise blockchain applications.
member
Activity: 101
Merit: 100
Cointed. The Future of the Money
December 14, 2017, 12:40:13 PM
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!
Yes some banks scared about bitcoin because bitcoin is very fast to transact while in bank you need to take a big time before you'll get your money so i think if crypto bcome more popular maybe banks will do something to remove bitcoin.

I believe more than some. Many banks are in fear for this recent changes came with bitcoin and other crypto currencies. They are trying to develop strategies so that they don't bankrupt in worst case.
sr. member
Activity: 524
Merit: 258
December 14, 2017, 12:35:44 PM
I think there is a threat happening between of them.  The banks and cryptocurreny are partner since they are involve in same time of business,
the thing is many people are right to choose the services of bitcoin instead by the bank;  so in this case there is a rivalry happens. 
From this the commercial banks sees the great potential of cryptocurrency in the industry which sooner or later it will be number one. 
hero member
Activity: 770
Merit: 500
December 10, 2017, 04:40:21 PM
The bank is a greedy coward and wants to control everything, even bitcoins. But they can not, bitcoin is all of us.
agreed, bitcoins are created for the people, i believe no one will ever control it that is why most banks release bad statements against bitcoin and other cryptocurrencies, fear them not bitcoin will still strive for the greatness it will achieve in the future.
As you mentioned above that banks are spreading false statements about bitcoin and their every action is giving them huge disrespect and yeah bitcoin is the huge threat to the existence of banks because it is same as banks but its profit rate is maximum and banks only give small profit but bitcoin rise is same for everyone and bitcoin itself is a bank so there is no need of banks in future their expiry date is near in future.
hero member
Activity: 779
Merit: 500
December 10, 2017, 04:36:36 PM
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!

dont worry about it, that happend in my country too, but their say for individual user that no have penalty.
Most countries in the world have warned about the security and confidentiality of cryptocurrency, they do not guarantee anything for us until they recognize it as something and release the law for the cryptocurrency.
sr. member
Activity: 630
Merit: 258
December 10, 2017, 10:31:29 AM
Yes the company and management of bitcoin will be a big threat in the company business of commercial banks.
The excellent performance of the company and management gives them a high potential to dominate in the whole world which is the big thing threaten by all some commercial banks.
member
Activity: 182
Merit: 10
December 09, 2017, 08:35:15 AM
Yea, I think they are and they should be afraid. Considering they way people's attention is being drawn into bitcoin, we can see that banks have little or no role to play in controlling the use of ur money, since with crypto, you can buy and sale product and as well save your money (digital) without passing through the regular banks transfer process . This a kind of denies them the little little commissions and charges they get from your regular transactions with them.
member
Activity: 62
Merit: 11
December 09, 2017, 08:34:26 AM
I do not think banks are afraid of bitcoin, I think they have invested in
sr. member
Activity: 546
Merit: 250
December 09, 2017, 08:33:14 AM
Yes! Somehow banks fear feom cryptocurrencies because that would hit their banking strategies and cash savings much. so definitely its a big fear to bankings.
full member
Activity: 204
Merit: 100
December 09, 2017, 08:30:41 AM
The bank is a greedy coward and wants to control everything, even bitcoins. But they can not, bitcoin is all of us.
agreed, bitcoins are created for the people, i believe no one will ever control it that is why most banks release bad statements against bitcoin and other cryptocurrencies, fear them not bitcoin will still strive for the greatness it will achieve in the future.
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