Topic: Please delete this thread - page 2. (Read 3948 times)
A lot of local banks are already bitcoin friendly! I just think people should stop using major banks and switch over to community banks
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.
Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price.
There's a difference between being "plausible" and being "likely", and obviously that's further yet from being "true". And what I said was, "there's really no reason for us to eat it up with a spoon." I'm saying don't be gullible and keep an open mind. Many people would use unsubstantiated rumors to confirm their own biases. It happens every day.
2013 was the "technologists" boom
2014 is being the "merchants" boom
2015 could be the banking boom
Cant agree more to this...
At this point I would just prefer for this thread to die. I am not egotistical enough to believe that I could single-handedly pump the price of BTC (which I'm not sure why people think I would want that? After all, my Dad is a BANKER). I realize now I shouldn't have even made this thread to begin with, no one trusts anyone on the internet, and there's good reason for it, I suppose.
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.
Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price.
There's a difference between being "plausible" and being "likely", and obviously that's further yet from being "true". And what I said was, "there's really no reason for us to eat it up with a spoon." I'm saying don't be gullible and keep an open mind. Many people would use unsubstantiated rumors to confirm their own biases. It happens every day.
PS: MY FATHER LOATHES CREDIT UNIONS, they are a much larger threat to big community banks like the one he is currently the CEO of, certainly moreso than bitcoin (at this point in the game).
The problem with credit unions is that they have unfair advantages compared to a traditional bank, which obviously is not good for the banking industry. For instance, they don't have to pay income taxes and all sorts of other insane crazy perks that they should not be allowed to have.
The problem with credit unions is that they have unfair advantages compared to a traditional bank, which obviously is not good for the banking industry. For instance, they don't have to pay income taxes and all sorts of other insane crazy perks that they should not be allowed to have.
So your father LOATHES credit unions. They are non-profit banks, get bunch of perks, and this is bad for all the greedy banks, such as the one your father owns. The same banking industry that indirectly steals from the citizens, is this right? Your father hates them because it chips away from his potential profits.
It's not question "will banks get into BTC train" it's only question, when will legal framework be set for them to be able to get into it. It's same for any large US based company like PayPal, Ebay etc. All they really need is legal background and they will just in as fast as they can.
You just gave away your hand in this post. It's not about banks, there's no fictitious father, this thread is yet another lame attempt to PUMP the price. You're irritated because the people that read this thread thus far, didn't instantly go on a buying spree. Why are you so focused on short term price movement, when it's suppose to be about banks?
This is probably going to be a little off-topic, but I've never understood why people think that any sort of positive correlation with Bitcoin means their trying to pump. If you were a normal person, would you honestly base your trading on the posts of some random guy on the internet who has posted a >20 times? I wouldn't.
Back on topic, if it gets big enough you can bet your bottom dollar that the banks will jump on quickly so as not to lose customers. Given that the non-savvy user is going to need a place to safely store coins and call upon if they need help they'll be happy to pay what they are now for this 'privilege'. To the rest of us, it may mean a day where we are completely independent of banks - although it would be interesting if banks offered insurance on coins they have stored.
Banks aren't going anywhere, at least not anytime soon.
I would expand this to:
Banks aren't going anywhere, if only for the reason that many people can't secure their cryptos on their own and will lose them to hackers, that's why at least some banks will make business keeping cryptos for people and charging them storage, insurance and of course transfer fees, when they need to withdraw small amounts to their personal wallet for spending. People need peace of mind and live their life without worrying about losing coins. Banks give them peace of mind, same as they always did. At least until a bank run happens, haha.
My father is a banking executive
- snip -
I was in a meeting with my attorney and my father yesterday
- snip -
the attorney asked my father what his opinion of Bitcoin and other virtual currencies were,
- snip -
his bank has made sure to make a point of talking to people like Tony from Bitpay and a few other Bitcoin entrepreneurs in order to "pick their brains"
- snip -
banks in the U.S. right now are bullish about Bitcoin and plan on implementing it
- snip -
the President and CEO of a pretty big community bank.
- snip -
I was in a meeting with my attorney and my father yesterday
- snip -
the attorney asked my father what his opinion of Bitcoin and other virtual currencies were,
- snip -
his bank has made sure to make a point of talking to people like Tony from Bitpay and a few other Bitcoin entrepreneurs in order to "pick their brains"
- snip -
banks in the U.S. right now are bullish about Bitcoin and plan on implementing it
- snip -
the President and CEO of a pretty big community bank.
Regarding these 6 statements, there is only one thing to say:
Pix or it didn't happen
OK, whatever. Don't believe it. I really don't give a shit. You will see. In fact, DONT BUY, I havent gotten my paycheck yet and I would hate for the price to go up right now, especially since it seems to be sliding down.
You just gave away your hand in this post. It's not about banks, there's no fictitious father, this thread is yet another lame attempt to PUMP the price. You're irritated because the people that read this thread thus far, didn't instantly go on a buying spree. Why are you so focused on short term price movement, when it's suppose to be about banks?
Bankers found a way to screw you with paper money, they'll find a way to do it with Bitcoin.
You seem a bit confused as to who's side you're on. Go ahead and count how many times you've contradicted yourself in the first two pages. You're exactly right though, banks will find a way to fuck up something good (bitcoin), so go tell your daddy to call off the integration.
For those who are questioning whether or not I'm full of shit. I ask you: Why on earth would I post this information unless it were true?
But why would some random thread from bitcointalk.org where a guy with 15 posts wrote what I wrote possibly pump up the price? Are you serious?
Are you new to this? Why don't you ask your evil twin nomoonn since you have the same level of credibility. It's like you never seen bulls or bears trying to say anything to pump/crash the price.
PS: MY FATHER LOATHES CREDIT UNIONS, they are a much larger threat to big community banks like the one he is currently the CEO of, certainly moreso than bitcoin (at this point in the game).
The problem with credit unions is that they have unfair advantages compared to a traditional bank, which obviously is not good for the banking industry. For instance, they don't have to pay income taxes and all sorts of other insane crazy perks that they should not be allowed to have.
The problem with credit unions is that they have unfair advantages compared to a traditional bank, which obviously is not good for the banking industry. For instance, they don't have to pay income taxes and all sorts of other insane crazy perks that they should not be allowed to have.
So your father LOATHES credit unions. They are non-profit banks, get bunch of perks, and this is bad for all the greedy banks, such as the one your father owns. The same banking industry that indirectly steals from the citizens, is this right? Your father hates them because it chips away from his potential profits.
man this thread feels like a 4chan troll post.. seriously, did u guys see him defend big banks, because the smaller credit unions get perks? that's got to be a fucking troll.
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.
Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price.
So the question is why would anyone in the banking industry think favorably for BTC and their bank's future?
Because you have to adapt as a business. Find some way of implementing it into the ability to have bitcoin and USD in your checking or savings account, also BTC loans.They also ofcourse are impressed by the low transaction fees. Banks aren't going anywhere, at least not anytime soon. I really can't believe the number of lunatics on this place who say shit like "Yeah Im 100% invested in Bitcoin because there aren't going to be any banks in a decade or two". Its fucking simple economics. Diversify, this includes currencies. We can have multiple currencies. It's healthier and safer than having just one. Bankers found a way to screw you with paper money, they'll find a way to do it with Bitcoin.
So the question is why would anyone in the banking industry think favorably for BTC and their bank's future?
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.
Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price.
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.
Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price.
Jump to: