Topic: When will banks start a war against bitcoin - page 11. (Read 16230 times)
I believe it will happen why? Some goverment in other countries they have study now how to given a tax and control this cryptocurrency because if you sell a bitcoin i. A high amount they will give you a tax. So the goverment now is studying this particular situation. It will happen because in thier side people need to pay a tax. Which is so unfair.
To me that the bank will start a war against bitcoin for various reasons. Bitcoin is now good and people are in love with bitcoin. The number of bitcoin users is increasing every year and if banks continue to fight bitcoin then the number of people using banks will decline sharply with time. 
Of course the war is already on! visas and the master of cards insert constantly new sticks in wheels! They understand that it smells of fried! Just imagine how much capital has passed from their control! They constantly forbid the use of any cards for bitcoin exchange! This war is in full swing, it's very interesting to watch this!))
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I do not think that Bitcoin and other cryptocurrencies are very much hindering the banks. Banks can also earn on cryptocurrency, some banks already use cryptocurrency.
Exactly this, Bitcoin and coins like VEN/VET and some other good projects/altcoins are hindering the banks in a steady manner, the whole cryptocurrency method is a huge threat to banks, banks are oldscool and cryptocurrencies are high tech and fast transactions, banks have to adapt to this if cryptocurrencies become even bigger, banks are aware of this and are step by step adapting to blockchain, in the Netherlands there will be a seperate account for cryptocurrencies, this will be for big investors and surely for ordinary people too in the future, this shows a little adoption is on the way.
When will the banks start a war against bitcoin?
In many countries, the war against Bitcoin is already underway. I think that this war is useless, - the winner of the crypto currency is unequivocal. Those countries and banks that have specialists who understand what Blockchain is, are looking for opportunities to make money on this and not fight. It is always necessary to seek a compromise. Because when the war for survival begins,- Bitcoin will ALWAYS be on top.
In many countries, the war against Bitcoin is already underway. I think that this war is useless, - the winner of the crypto currency is unequivocal. Those countries and banks that have specialists who understand what Blockchain is, are looking for opportunities to make money on this and not fight. It is always necessary to seek a compromise. Because when the war for survival begins,- Bitcoin will ALWAYS be on top.
Banks will get used to bitcoin and they will partnership with bitcoin if they want to survive in the future when bitcoin will be huge
true but only after the more likely scenario of the banks collapsing (bankrupt, no more bail ins, no more tax break, no more national debt) and be replaced by gold/silver backed currency with cryptocurrency used as the medium for transactions
Banks will get used to bitcoin and they will partnership with bitcoin if they want to survive in the future when bitcoin will be huge
The war is fully underway
First was the bad media
Next was blocksize debate
Next the code coup - segwit, blockstream
Then the laws
Then the bans
(about this time they stole bitcoin by raiding BTC-E, corrupt ex ceo was arrested and the exchange blamed for money laundering)
Then the forks (Bcash, Bitcoingold) - confuse newbies as to what is the real bitcoin
More bad media
The credit/debit card bans
Bring the big boys out - BIS, IMF, any banker/trader to slam bitcoin
Battles to come
attack the lightning network
attack the exchanges (no real bitcoin on exchange, money laundering, corrupt, bankrupt)
More laws and bans
Media - criminality around crypto
Create competing crypto IMF/BIS global crypto coin - https://www.acchain.org/en/ (putting your assets on the blockchain)
and the war continues
First was the bad media
Next was blocksize debate
Next the code coup - segwit, blockstream
Then the laws
Then the bans
(about this time they stole bitcoin by raiding BTC-E, corrupt ex ceo was arrested and the exchange blamed for money laundering)
Then the forks (Bcash, Bitcoingold) - confuse newbies as to what is the real bitcoin
More bad media
The credit/debit card bans
Bring the big boys out - BIS, IMF, any banker/trader to slam bitcoin
Battles to come
attack the lightning network
attack the exchanges (no real bitcoin on exchange, money laundering, corrupt, bankrupt)
More laws and bans
Media - criminality around crypto
Create competing crypto IMF/BIS global crypto coin - https://www.acchain.org/en/ (putting your assets on the blockchain)
and the war continues
reading half these comments shows how blind a lot of people are to what is actually going on
http://uk.businessinsider.com/cryptocurrency-south-korean-official-in-charge-of-crackdown-found-dead-2018-2/?r=AU&IR=T
and the war continues
A reminder banks, stock exchanges financial industry are all developing block chain technology and have been doing it for about 2 years now
Of course they want you to use their coin
ASX digital hyperledger
R3 consortium is an enterprise software firm working with over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop Corda, our distributed ledger platform designed specifically for financial services
IMF/BIS creating acchain
https://steemit.com/money/@sgtreport/breaking-bankers-new-sdr-crypto-blockchain-will-enslave-humanity-lynette-zang
UBS
https://www.ubs.com/microsites/blockchain-report/en/home.html
How the blockchain could transform finance (and the world)
We at UBS have become very interested in the blockchain and its potential. In March 2015 we launched the Crypto 2.0 Pathfinder Program
Banks won't start a war with Bitcoin. They don't see it as a threat however they're seeing it as an opportunity to earn more money. They partnered with several BTC platforms so that the crypto will be converted to cash.
I think banks will start a war with bitcoin when a large number of people will leave their service and move to a blockage system. Then the bank will send its company of collectors to deal with what is happening.
It seems unnecessary to wait for users to leave the bank services, now many governments are worried about the development of bitcoin and of course this is the input of banks that consider that bitcoin dangerous.
Banks can't do anything to bitcoin honestly. Bitcoin and blockchain system is better than banking system and many people will perefer bitcoin in this case.
I belbelieve banks already making their move about making a war against bitcoin and every rumour we heard and read could be their work in order to slow down the market of bitcoin and lessen the potential big number of its investors. But whatever they are doing I think there is no winner exept bitcoin.
In my opinion, banks have already begun to think over the plan of the offensive (this is a joke). But in fact, really, this is what can happen in the near future, because banks are unhappy that large cash flows pass without their participation
I think banks will start a war with bitcoin when a large number of people will leave their service and move to a blockage system. Then the bank will send its company of collectors to deal with what is happening.
I think soon... unfortunately!
I have not seen about the conflict with the bank, but there are still many people who go to the bank to conduct transactions and finance his business. even the bank does not know the income that its customers are earning from bitcoin, and they keep it in the bank. and even bitcoin has worked as a currency that can be calculated and has a wide use that can be used anywhere you want. if you have a better problem you are finished do not just question that has not been a problem.
I do not think that Bitcoin and other cryptocurrencies are very much hindering the banks. Banks can also earn on cryptocurrency, some banks already use cryptocurrency.
I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you thing it will happen and when?
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you thing it will happen and when?
War? What war are you talking about op. Banks are already using bitcoin technology called blockchain. There are some banks which are paying or accepting Bitcoins. Many are now encouraging it to. Yes there is a fear that banks may loose out business, but it's absurd nothing like this will ever happen, banks are more than happy to encourage Bitcoins as after conversion, it comes back to them.
Banks will certainly not be profitable if everyone will be sitting in the blockhouse. Their currency system will crumble. And I think they are paying negative positions in the press against bitcoin.
Banks does not have the ability to restrict people to invest into crypto-currencies, in my opinion, the bank could only voice their concerns to the governments in that country, but the decision still lies with the authorities whether there is a need to impose much tighter regulations to regulate crypto-currencies trading.
Banks can restrict people from investing by freezing the users account who are dealing in crypto currency and in my country most of the national bank have issued notice to everyone that they will freeze the account found dealing in crypto currency. So i think the war has started long bank, now we have to wait for the more reaction of both side.
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