Topic: Do Banks fear cryptocurrency - page 46. (Read 17113 times)
there are many banks in the world who are worried about bitcoin, maybe they feel threatened by the presence of bitcoin, because bitcoin has advantages of cash, bitcoin deserve to be called as future money
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!
They called on people not to get involved. Should we be afraid or the banks are!
I think yes some other banks are scared for the crypocurrencies why? Because if the values of the cryptos are getting high and expensive a lot of people are gonna invest in this like for example bitcoins. If more people are gonna invest in bitcoins rather than banks what will happen to the banks is they Will lose all their clients and investors so the banks will come to bankruptcy because how they can pay those who are invested in them before they have an annual interest where dp the banks will get that thing if all their clients now are on the bitcoins.
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!
In fact, cryprocurrency is a nightmare to them. In my own country, there has been policy after policy against cryptocurrency. Some bank accounts have been closed down because it was discovered that they were involved in crypto in one way or the other. Imagine the fear They called on people not to get involved. Should we be afraid or the banks are!
I think banks are not scared of crypto currencies, they are only trying to keep safe their country's currency.
Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
Anything that's causing the banks to miss out on so much money, they will hate.
They can only watch and see all the crypto money, but they can't be part of it. Of course they fear crypto.
They can only watch and see all the crypto money, but they can't be part of it. Of course they fear crypto.
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!
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.
I don't think that cryptocurrency can prevent banks from working....why would they be afraid of it?
The bank is a greedy coward and wants to control everything, even bitcoins. But they can not, bitcoin is all of us.
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. They called on people not to get involved. Should we be afraid or the banks are!
Of course, banks fear so that bank warning you not to involve with cryptocurrencies. Bitcoin is a growing digital currency, it is increasing & increasing. People are now interested in bitcoin so much & they are invested in bitcoin. It will decrease to invest in banks. so that banks are feared.
It could be a possibility because it could make a big loss for the bank in terms of investment.
Not to the extent people that think Bitcoin/crypto will replace fiat will have you believe - as long as people desire/need physical assets that are centralized in nature, FIAT is here to stay. Banks will continue fractional banking and vampire squidding.
The fear would be greater than what the doubters would have you believe - Bitcoin as a currency will take a significant portion of market share from FIAT. Decentralised assets (documents, files, tokens, tracking, currency transmission) will be done with Bitcoin/cryptocurrency. This will obviously reduce bank deposits and the bank's ability of banks to make money.
Seeing from the point of view of Bank Central Albania I can understand they are doing so. If cryptococcus is truly recognized by the world community, the greatest negative impact will be affected by banks around the world. Due to the existence of a digital currency that does not require a bank intermediary, the bank will inevitably be eliminated or if it wants to survive the must transfer function. And I think the banks around the world are not ready for such a big change.
maybe,
because Cryptocurrency has advantages compared with central bank.
so I guess it's true they are afraid of cryptocurrency.
because Cryptocurrency has advantages compared with central bank.
so I guess it's true they are afraid of cryptocurrency.
Yes the banks have great and terrible fear of bitcoin , and cryptocurrencys. the blockchain tech is going to destroy there lying and cheating ways , we will witness a change soon, i myself will be happy to see them go the way of the dinosaur.
Of course, banks fear so that bank warning you not to involve with cryptocurrencies. Bitcoin is a growing digital currency, it is increasing & increasing. People are now interested in bitcoin so much & they are invested in bitcoin. It will decrease to invest in banks. so that banks are feared.
Maybe cause instead of saving money on the banks, people will save their money online banks.
🤔 hmhmm same with the central bank of the philippines or also known as bangko sentral ng pilipinas. Government legislators has not yet impose any taxes but the central bank issued a statement regarding crypto currency, i think it is a right move on their part since a lot of people now are shifting towards digital currencies which is a lost in part of the banks and other businesses as well. There are legal cases filed against the legality of the bitcoin in the us but the verdict are it is a legal tender so we should not be afraid of it. Lot of personality and businesses are trying to shutdown so it is just a move to take down bitcoin.😉
Definetly Yes Banks are afraid to us because there are people choose to store there money in bitcoin and they afraid of losing clients. Bitcoin can dominate the banks as they warning bitcoin or to ban bitcoin.
Banks are not yet afraid of the cryptocurrencies because they know that the cryptocurrencies are volatile and that will become their statement for convincing other people to invest to their side because banks have almost a low risk and it is almost safe since all of the investment are being well organized by a professional.
For me yes, because if crypto currency especially bitcoin will recognize to the world banks income will decrease as most of the people will invest in bitcoi[Suspicious link removed]ankly speaking investing in bitcoin will give you a big profit than into the bank.Thats why banks will tell people and drag down crypto that its delicate to invest but the fact they are afraid to loose their investors.
Banks do fear cryotocurrency and any other thing they can't control. Cryptocurrency is something you control at the comfort of your home and you don't need to visit the bank and banks know if cryptocurrency takes over the world,bank jobs will be lost and money they make from people saving with them will stop.
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