Topic: When will banks start a war against bitcoin - page 13. (Read 16230 times)
I really think that it's not gonna start any war between bitcoin and banks , i think that they wil have to adapt and accept bitcoin. But everything is possible so if it will be any war it will happen, maybe, when bitcoin will become more known than it is now. And people will make payments with it.
My guess is that banks will make huge profits with crypto.
When they'll be satisfied with the gains, will start crashing them in any way, just to scare people,force regulations and later say:
"You see? we told you not to invest, come back to us!"
BTW, I hope i'm really wrong..
When they'll be satisfied with the gains, will start crashing them in any way, just to scare people,force regulations and later say:
"You see? we told you not to invest, come back to us!"
BTW, I hope i'm really wrong..
I really think that it's not gonna start any war between bitcoin and banks , i think that they wil have to adapt and accept bitcoin . but everything is possible so if it will be any war it will happen, maybe, when bitcoin will become more known than it is now . and people will make payments with it.
I believe conflict wont occurs between banks and Bitcoin. We still need to finance our business in the banks, or loans. Though have savings accounts in banks but their real source of their income is through loans. So assuming bitcoin succeeds as a currency, banks will be happy to just add it as a new currency and give to people as loan instead of real cash.
I think I like you, but in order for the banks to be able to give credit, there must be money in the bank, so without the hot money the banks can not give credit to the people. The banks only hate Bitcoin for this reason.
Yes because the company and management of bitcoin is there big rival and threat that can affect their performance and existence in the whole world
Well it already starts, not a war but a refuse to accept Bitcoin. There is a scenario in my country that a bank account is order to be close because of Bitcoin transaction in the account. When the user ask the manager why they its because of that reason and there is nothing they can do about it.
the war is already begin,some banks at least in my country start to refuse to receive wire transfers from exchanges and can even block or close the bank account
I've heard something similar, but I didn't think that that's possible. On the contrary, many banks try to adjust the earlier mentioned bitcoin and other cryptocurrenies. Just take a look at ripple.
When more regulations and checks to allow more transparency of its movement, put in place by governments , the banks will embrace it
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 think 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 think it will happen and when?
I guess when BTC has a conflict of interest with the bank. As BTC is a greatly decentralize currency and bank is not and slowly over time the conflict of interest will tend to happened bank will slowly lose some percentage of their customer when people see the "good" in bitcoin and the bank will start to headache and government will step in to curb this situation and a war will start from there.
I think It really depends on what Country you are in, because, there is no threat when there is no Cryptocurrency on that Country They probably banned it at an earlier time, But to those who are Immune to The BTC virus at a certain place, I think it will start a war when the coin is Dominating most of the place. When BTC will be used legally or illegally by most of the population to their bidding and transaction. But there are other banks who would put an early defense on this threat making them invulnerable to it.
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 think 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 think it will happen and when?
why you're always thinking for the negative sides of bitcoin, instead think for the positive sides of it. lots of people now have change their life because of bitcoin. it also helps the economy of each country cause bitcoin could also a substitutes to end up or lower the number of unemployed people. another is, it helps those people who don't have enough money for their daily expenses specially for those student who are self supporting, i saw a lot of story here on how they finish their studies because of bitcoin. don't see bitcoin as a threat, use it as a good opportunity in life.
banks will start a war against bitcoin when many people turn to invest in bitcoin rather than to invest in the different banks, because when it comes the banks will be bankrupt and they will not earn money from the people.
I think the bank will start a war against bitcoin when the people who save money on bank are continuously decreasing and turning to bitcoin. The bank will surely improve their system to match the needs of people and to make sure the security of others money. Or they will think of something that they can also get benefits
This is very hard to answers but I know their will be no war between banks and bitcoin. If ever that bitcoin will accept all over the world, I know Banks will starts also accepting bitcoins or a bitcoin exchange. Like dollar, banks all over the world accepts it. I think Bitcoin is a opportunity for Banks.
Instead of starting a war against it, banks should start investing in it, and try to get a piece of the pie.
It's a sensible way to get a little profit for them and pretending to dislike Bitcoin in front of everyone. I agree with you and I just understand that.
Why banks should start war against bitcoin? When they can just make huge profit on it. I think they would not start war against it, but they (or conglamerates of banks) would manipulate with it through their big capital.
Banks do not like bitcoin. Once the bitcoin is accepted internationally, the bank will be eliminated, there will be no need for a third party to control its currency. just need a key to enter the wallet address.
It is already happening even now. I think the banks and their owners are trying to use this sentiment for the world government to ban bitcoin. It will not work for them as not all the governments are avers to bitcoin and the cryptocurrencies. Instead of the banks to see who they can be part of blockchain tech they are fighting it.
I think the war of crypto was start with banks. Banks were threatened if Bitcoin popularity is growing day by day in this manner. Then who came to bank for any transactions. Peoples were transfer there money from one place to the any corner of the world with low transaction charges and without any problem. So due to that reason some banks already stops the payment of bitcoin exchanges. And they start fight with Bitcoin or other crypto currencies exchanges.
I think bitcoin is a great competition for the banks because no longer can they not pay us interest and have us store our money their just because it is more secure to store it at a bank then a house. Bitcoin changes this because it is more secure at the house now since you can password protect a paper wallet, and make copies to store at your work, school home etc.
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