Do you think bankers will destroy block chain tech, decentralization, bitcoin?

densuj

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Quote from: marty123 on September 19, 2016, 08:42:55 AM

If you haven't noticed already, the two coins below Bitcoin, Ethereum(ETH) , Ripple (XRP) have forged theier way into crypto with massive fundings from bank, backed by bankers, both Ethereum and Ripple have second and third market capitalization respectively after Bitcoin, Do you think the bankers who manipulated the global market and caused the global crash of 2008 which led to suicide of thousands of innocent people for making bankers profit, will bring down bitcoin, block chain tech and decentralization?

1. How are you going to stop the bankers trying to dictator crypto?

2. Are you fully aware of things that are going on?

3. What measures are you taking now?

Best Regards

I don't think so because ETH and ripple are altcoins and about the blockchains of bitcoins, it can be controled by government or bankers and for stop the bankers trying to dictator crypto (bitcoin) the segwit must be stoped and i am sure the miners won't support it.

Of course yes i am fully aware about the bankers trying control the blockchains of bitcoins, and i just take measure dissagree with segwit although i can not do anything for blockchains of bitcoins.
But i tried share what i knew about bitcoins and related it.

BitcoinHodler

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decentralization as far as i am concerned means that nobody can tell me if or how to use bitcoin, i can make a wallet on my own, keep the coins on my own and spend them also on my own.

even if banks get into bitcoin they can not change anything about it and if they do i simply stop using bitcoin.
however all banks are interested in is the blockchain and making their own altcoin.

Cactushrt

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I dont think so the bank will destroy blockchain. How can they do that? Its difficult for them. They will have a hard time for me its very impossible

Shenzou

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Now after the long journey that bitcoin has made and the changes that impacted both the economy and the internet no one can ever destroy it , because of how bitcoin is dicentrelized in the world and how it is hard to control its flow even if some governments banned it people will still use it that is way they are playing by the rule if you can't beat them join them,

BrewMaster

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you can not destroy the technology, you can only abuse it or in other words use that technology the wrong way to your own evil advantage. but in the end bitcoin is going to be always a different and separate thing running decentralized.

Xester

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Quote from: Dmitry.Vastov on December 10, 2016, 08:53:46 PM

I think its not gonna happen. Many people are using it. And im one of them. We are sick and tired using banks which can take all your funds. As long as many people supporting blockchain technology. It will be harder for them to destroy it. They are not the one who can dictate us. So far this is the problem banks are facing right now. And its getting worst.

Banks arent going to destroy bitcoin. Bankers have huge investment in bitcoin, ripple and ethereum, they are already gaining millions from it. They no longer think of destruction rather they are thinking of ways on how to earn more using these coins. They have the capital and they think of profit, bitcoin is an innovation for them, another outlet for large income.

error08

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Quote from: thejaytiesto on September 19, 2016, 12:34:18 PM

Quote from: RodeoX on September 19, 2016, 12:23:17 PM

Absolutely not.

There is a lot of talk about the banks destroying bitcoin, yet no one has even shown me a method for doing this. Until someone can show how this could be done, I don't think it will be done.

Quote from: marty123 on September 19, 2016, 08:42:55 AM

1. How are you going to stop the bankers trying to dictator crypto? - I don't have to. There is no way to do it.

2. Are you fully aware of things that are going on? - Um. you mean in the bitcoin world? Sure, more than most I suppose.

3. What measures are you taking now? - I only use BTC online and dumped my credit cards. The banks are only powerful because you keep giving them your money. I do not do that.

The methods have been mentioned in this thread already. They will keep using actors to corrupt the community and create problems and then propose their own solutions, all revolving the same principles:

1) Dissolve the Core developer team, which is influenced by crypto punk culture. This means to stop all traces of anonymity and node decentralization.
2) Propose a software that sounds good in the ears of morons: Cheap and fast transactions, at the expense of node centralization since they are too big to run on normal computers. Of course this is never mentioned or sugarcoated so they can trap as many idiots as possible on their anti Core crusade.

It make sense of the methods but if you thinking about it, more likely impossible to happen, why?
The founders, developers, miners and users of bitcoin are not idiots or morons as you said, they would now if there is betrayers among them trying to propose bad software to destroy bitcoin/blockchain. Well, all over that I don't think if bankers want to harm blockchain though they already have a plan to do it, I will believe that if already happening.

romero121

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Banks around the world were continuously into testing of the technology. Among this already few banks have started to use the Blockchain technology into their functioning. Also several banks were in collaboration with MNC's for successful generation of their own Blockchain.

Dmitry.Vastov

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I think its not gonna happen. Many people are using it. And im one of them. We are sick and tired using banks which can take all your funds. As long as many people supporting blockchain technology. It will be harder for them to destroy it. They are not the one who can dictate us. So far this is the problem banks are facing right now. And its getting worst.

Immakillya

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Now that many people are supporting bitcoin. They cant destroy it. If government cant regulate bitcoin. Bankers cant do that also. Banks gonna have a really bad time destroying it. Banks and bitcoin are different with each other. Its against each other. Banks are having problems because of bitcoin. And they are gonna do something to neutralize it.

nara1892

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1. How are you going to stop the bankers trying to dictator crypto?
probably the way to do is using bitcoin than saving money to banks

2. Are you fully aware of things that are going on?
not really. I am trying to take it easy about things in this world because I have so many things to be aware of

3. What measures are you taking now?
using bitcoin, earn bitcoin to fulfill some needs

kryptqnick

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This all sounds like Illuminati nonsense in which I don't believe. 2008 crisis started from subprime mortgage crisis in the USA and people may have not noticed that this is really going to happen, you know. Some currencies may be supported by banks but bitcoin can still stay independent as long as it is not becoming too popular.

marketone

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As per now no banks is involving in destroying block chain because before doing that they need to permissions from specific countries government permission. Once they have permissions means definitely banks will keep buying all the bitcoins and keep it with them for safe reason. But banks are not completely involved in bitcoins technology because it is peoples money.

I hope it will take lot of time to make prediction on this new technology, technology itself indicates it is completely decentralized because it is not operating by single person. Many people are keep mining and trading daily lot transaction keep exchanging between the people.

shield132

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Quote from: kiklo on December 05, 2016, 07:52:03 PM

Quote from: shield132 on December 05, 2016, 04:33:07 PM

Some times ago I thought that bankers will was to destroy blockchain tech and whole bitcoin system but it seems I was wrong. Let's observe the fact that bankers are offering us bitcoin exchange and withdrawal, bitcoin cards and etc, many banks offer bitcoin services. It seems that they aren't going to destroy blockchain and bitcoin system but to take in control most part of transactions.

Your first thought was right, except they need segwit to activate and then Lightening Network, and then they take over the blockchain.
Good News however is the Chinese Miners are going to block segwit and the bankers from taking over. Wink

Yes, my first thought is right but in different way brcause they aren't trying to destroy blockchain tech but their another way is much worst, they are going to take control on it. So there isn't any difference, it's better to take something in your control than to destroy it and they are doing things like that.

Esphere.in

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Quote from: virasisog on October 11, 2016, 09:27:21 PM

I don't think bankers would do that ,much more good if they adopt bitcoins on their forms especially sending of money saving which is more convienient to the users and surely they will add a tax on it but if its small enough its good for the society.

there will be a time when all the bankers will adapt to the block chain technology in future and if the news are to be believed most of the major banks are already experimenting with the block chain technology and sure it will improve and have more transparency than the current system.

Red Fish

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How is possible to find that bank is behind ETH or Ripple. Banks of course works in Forex, but they are not interested in small crypto deals. May be some bank can do something in Bitcoin market, but even then banks are big Forex players with millions of USD. Banks and bankers are not very interested in Bitcoin now, may be in future they will work with Bitcoin - I do not know any bank, which already work with Bitcoin.

Positid

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Quote from: romero121 on December 06, 2016, 02:07:12 AM

Bankers around the world were prioritising Blockchain technology. This shows that bankers were in a plan to adopt this technology for their banking needs. Also several countries around the world have involved in testing Blockchain technology for their own digital currency creation.

The system of bitcoin was good so they immitate it by trying to have their own blockchain technology. Banks wants to compete or at least get more clients to use blockchain but they forget that they are centralize and bitcoin is decentralized.

romero121

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Bankers around the world were prioritising Blockchain technology. This shows that bankers were in a plan to adopt this technology for their banking needs. Also several countries around the world have involved in testing Blockchain technology for their own digital currency creation.

Juggy777

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Quote from: marty123 on September 19, 2016, 08:42:55 AM

If you haven't noticed already, the two coins below Bitcoin, Ethereum(ETH) , Ripple (XRP) have forged theier way into crypto with massive fundings from bank, backed by bankers, both Ethereum and Ripple have second and third market capitalization respectively after Bitcoin, Do you think the bankers who manipulated the global market and caused the global crash of 2008 which led to suicide of thousands of innocent people for making bankers profit, will bring down bitcoin, block chain tech and decentralization?

1. How are you going to stop the bankers trying to dictator crypto?

2. Are you fully aware of things that are going on?

3. What measures are you taking now?

Best Regards

These wolves will not stop till they destroy Bitcoins and blockchain but they have underestimated the power of Bitcoin and it's users. They won't have a free walk like they did in 2008,the community is well informed and strong together. We shall drive these wolves back, we shall not let anything happen to Bitcoin or blockchain as simple as that.

sportis

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Veni, Vidi, Vici

Why to destroy a coin even though a crypto-coin? Maybe is easier to manipulate it. Isn't; It is easier to blame it for all illegal activities globally, but you can also use it anytime there is a crisis as a safe place instead of gold. Bankers are not chasing the bitcoin use. For them is still a currency like as fiat national currencies

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