Topic: When will banks start a war against bitcoin - page 16. (Read 16234 times)

I think they will start "war" as soon BTC will have very low fees and fast transactions. For now banks are confident that BTC can not replace traditional way of payments.

If the bank really fight bitcoin. I think bitcoin will not suffer much damage. Because bitcoin does not depend on anyone. The development of bitcoin and banks does not affect each other so I think this will never happen.

I think that since bitcoin development, many people use bitcoin, banks start to fight bitcoin. As bitcoin grows, more people use bitcoin, demand for bitcoin increases, the number of users of banking services will decrease. In my country, banks always want to end the bitcoin.

I don't think they would start a war against bitcoin - if they want to kill Bitcoin they just would need to buy very many coins with the unlimited money they have and then  dump it to crash prizes whenever they please.

For me, bitcoin is the number 1 enemy of banks and governments. We all known that banks and governments are working together. Many people now a days choose to invest in bitcoin more than in a bank so it is the major problem for all banks. We don't know when will banks start a war against their enemy, the bitcoin because we don't know the future.

If this will happen in the future it will benefits both ends, bitcoin or crypto will be adopted and embrace by more people around the globe
and instead this financial institution to go and begin to work against crypto better for them to use this new technology to lessen their delayed
and start working together.

Walk with ease and follow the storyline to keep up with the times at this time

Against bitcoins war is waged not only by banks but also by the government as governments and banks work together.
In many countries criminal penalties are imposed for the use of bitcoins arguing that bitcoins are used by criminals to pay for illegal activities on the Internet.

In fact, banks have already started a "war" against cryptocurrencies. In some countries (ex. in Poland), the government has launched a warning campaign about cryptocurrencies. They show primarily the bad sides of bitcoin, such as a high risk of investing.

That's what I'm most worried about. Because I also joined the digital currency army. I am afraid that all countries of the world compare the "war" with special coins. Because the real money is maintained by the government's credit certificate. And the virtual currency depends on the Internet! I hope that digital money can continue to develop. Some people get off one end. Look at your choice!

When is the time when banks in a country are losing or decreasing the users? they will break bitcoin because most of bitcoin thinks it? it's a gamble. But the process is rogue and mischief. Many banks are also acceptable for bitcoin money. Many companies get bitcoins. and because of the higher crytocurrency it is more difficult for people to try to use bitcoin for their personal needs. People are more confident in bitcoin than in banks. for the reason that they could steal the money they hid in it.

And will begin giving loans in BTC or ETH

Personally, my opinion. Banks will adjust for crypto currency and everything will be fine)

i think its already started few weeks ago jpmorgan criticize bitcoin. And most of government have issues with bitcoin and currencies regarding tax.

Banks here in our country are already blocking those transactions that are related to bitcoins and it was obvious that investors on banks are decreasing because of the value of bitcoins that is unstoppable. The market is volatile and because of that, Cryptocurrency is very profitable.

I don't think the banks are aligned to fighting a war against bitcoins because they are not that interested in taking on bitcoins as a whole. They might even integrate bitcoins in their systems and allow them to gain profits from bitcoins. But the war against bitcoins and banks would not happen anytime this 2018.

My bank refused me sending money to kraken! its frustrating..but thats war!
does anyone know if RBS allow money sent to kraken or other exchanges?

I think they will start war when many people in our society uses bitcoin everyday because many banks will complain about this.

Now that bitcoin has had an impact on Banks, Banks are using blockchain technology. So Banks are changing, too.

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   The world’s largest banks are pushing back on the introduction of bitcoin futures, raising concerns with US regulators that the financial system is ill-prepared for the launch of the contracts as the value of the volatile cryptocurrency has soared.

The price of bitcoin has risen to a new high of more than $15,000 on several exchanges. Institutional investors have been keen to trade the asset but only via a regulated market.

However, the planned launch in the next 10 days of futures contracts by the Chicago exchanges CME Group and CBOE Global Markets, given a green light from the Commodity Futures Trading Commission last week, has prompted a backlash among the major brokers who backstop trading across the industry.

According to a letter from the Futures Industry Association, the main futures industry lobby group whose members include all the largest Wall Street banks, to the CFTC, the rapid introduction of bitcoin futures “did not allow for proper public transparency and input”.