Banks are agains't everything that may " hurt " the economy.
It doesn't matter if it is crypto or sh1t, as they feel under pressure they will always try to punish it.
Topic: Do Banks fear cryptocurrency - page 75. (Read 17113 times)
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!
For now they will do every thing to prevent the use of bitcoin because it will affect their nature of business as a competition of banking services from sending money abroad fees, money changing fees and other bank transactions that will required fees. Using bitcoin it will only required minimal fees specially in bulk convertion from bitcoin to paper money transactions. These fees is one of the life line of the banks that are depending too much in fiat.
Banks are not afraid on bitcoin or other cryptocurrency they just cant control the circulations of bitcoin on the market. Because of bitcoins dezentralized and peer to peer transactions features theres no nees to go to a bank.
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 would say that , because by the time bitcoin is stable and can accomodate the transactions of the whole world, it would replace every banks in the world as it is more convinient, secure and most of all cannot hack unlike bank systems today that if their IT sold the information then that company would be bankcrupt. They called on people not to get involved. Should we be afraid or the banks are!
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!
Of course they are scared, bitcoin is their direct competition, especially now since it is getting so much popularity, banks are definitely getting scared of bitcoin now. Banks are losing client now due to bitcoin and losing clients is definitely not good for business
I believe that they will adapt to this change in the economy. Sure it is going to disrupt their power at first, but just through every change in the past they will change to find the best way to make money. No doubt in my mind.
Bank fear to anything that pose a threat for their business, not only bitcoin but also other investment.
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!
The banks are not afraid yet, bitcoin is still not a threat but they are beginning to notice that bitcoin is not a fad of a few nerds and geeks, bitcoin is a serious contender and in ten years it can become a real threat if they do not do anything about it. They called on people not to get involved. Should we be afraid or the banks are!
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!
What do you think?? The Finnish Central Bank said Bitcoin is unregulated and shouldn't be regulated. There are going to be different sides but Bitcoin will remain the same.
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!
there is this possibility just a trick to make everyone afraid to jump in bitcoin world.They called on people not to get involved. Should we be afraid or the banks are!
but if we can take advantage of opportunities that exist, of course bitcoin will be very useful for all areas such as economy and payment in a country.
We dont need to be afraid !! the banks should!! BITCOIN is a big threat for the banks because people now dont deposit their money through bank now a days instead they put it on investment at bitcoin and some other ICO for they know that the money really moves fast and can get big percentage in return.. unlike in bank you will wait for years and just a single percent or less to come with !
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!
We need to be a little apprehensive of the banks' movements as they are still trusted by the huge majority of the people. And if the banks will say avoid crypto especially in a country where crypto has not yet established its reputation, people might take it as the best thing to do.
I don't think banks are threatened by crypto currencies right now. It is very clear that crypto currencies only serve a small market compared to banks which cater to multinational companies with huge capitals. But that might change once people start to realize what advantages they can get from using crypto currencies rather than dealing with banks. Having control over your money is the one big upside that bitcoin has, but some people tend to abuse this which lead to money laundering and illegal activities.
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!
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. They called on people not to get involved. Should we be afraid or the banks are!
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!
Of course they are scared, bitcoin is their direct competition, especially now since it is getting so much popularity, banks are definitely getting scared of bitcoin now. Banks are losing client now due to bitcoin and losing clients is definitely not good for business
Yes, they are very worried about the existence of cryptocurrency. I guess, they so worried about the average of their transactions and investments. People now a days are now engage in crypto investment and transfering funds thru online using BTC unlike before banks are very important to each and everyone of us.
It's good that banks have an alternative now, a better alternative, btc is much used now for me than transactions in bank. Though we still need banks for more specific transactions that btc can't made yet now. 
Yes, they are very worried about the existence of cryptocurrency. I guess, they so worried about the average of their transactions and investments. People now a days are now engage in crypto investment and transfering funds thru online using BTC unlike before banks are very important to each and everyone 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!
When governments, etc warn like this it's because they are scared not the other way around. They called on people not to get involved. Should we be afraid or the banks are!
Cryptocurrency in general can be a threat to banks, either private banks or especially central banks. We cant deny the fact that cryptocurrency somehow takes away the control they've got when it comes to money. And their earnings as well, they may now have felt the effects of cryptocurrency popularity when they are looking at their statistical datas of revenues.
I think, banks already realized, that bitcoin provides a technology, that will be the future of money. So they will adopt this technology to their own cryptocurrencies.
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