Topic: When will banks start a war against bitcoin - page 17. (Read 16234 times)
When most of the people are using bitcoin and also when they lose a lot of customer
Banks dont like crypto because the profits people are earning in this field is way more than what they could ever think of earning in banks or even in any other field.
Banks are afraid of the rapid development of bitcoin, this is a threat to their business, but fighting with bitcoin is ridiculous and a waste of energy. Banks are better starting to adopt bitcoin as their service, although it sounds strange and very risky but allows banks to profit a lot from these tactics.
I think the war has already started. Many people are having a hard time liquidating their cryptocurrencies, and it looks like American banks have given the Bitfinex exchange a hard time. Cryptocurrencies will definitely raise concerns about the long-term viability of the dollar (and other fiat currencies) and other matters for governments. On the other hand, it's clear that cryptocurrencies are here to stay. Governments should embrace them and update their laws. Some have apparently done so, such as Japan and Australia.
Banks are very scared about virtual currencies because they are afraid of losing money and investors who can migrate to the crypto market. But when banks realize that they can also profit from the crypto market, they will come to play cryprocurrencies.
I think they are scared of becoming extinct and loosing their jobs and so they will try to do anything within their power to keep their jobs that's why there are a lot of media propaganda in recent times against bitcoin especially but i think it will be healthy if they both find a way to coexist without trying to outdo each other.
Banks are very scared about virtual currencies because they are afraid of losing money and investors who can migrate to the crypto market. But when banks realize that they can also profit from the crypto market, they will come to play cryprocurrencies.
There is a little war, that is going on. Banks tend to block accounts of crypto traders all over the world, there have been some cases published on Bitcoin Talk, with Australian people.
Banks and corruption are fraternities. Bitcoin and int problems by the way. Helping to get out of the bank has some cash that makes the government wrong to make payments because of banker corruption. That's the worst thing about the banking industry. World War 2 has started because bitcoin is launched but until now they can not turn off bitcoin. They can only attack with decisions and coverage with 'overnment.
Banks fighting bitcoin is a terrible thing to do, but if they do, they are failing and losing their economy. I think that instead of fighting bitcoin, banks should learn how to manage bitcoin, how to use the blockchain platform in the banking sector, which is how the banks of the powerful nations of the world We are doing it because we try to fight bitcoin.
War against bitcoin/crypto by banks started a long long time ago already. Every time you hear someone from JP morgan or any of those banks, giving their 2 cents about bitcoin, there is a hidden agenda. Personally, I believe that banks are already buying up bitcoin, sooner or later, corporations will probabaly own majority share of bitcoins in circulation. Make no mistake about it, banks do not take anything lying down and I don’t expect them to behave different with bitcoin/crypto. It’s a dark warfare against bitcoin, using mainly media to portray crypto currencies negatively.
With that ripple exp project, temptation of quick profit and FOMO has made many people go towards it even though we might all regret it at some point because ripple is the way that bankers get a foothold in crypto
With that ripple exp project, temptation of quick profit and FOMO has made many people go towards it even though we might all regret it at some point because ripple is the way that bankers get a foothold in crypto
I hope their won't be any conflict against bank and bitcoin and it will not turn into war. But still few question arise if the topic come to bank and bitcoin, as Bank is ruling the world and as bitcoin is taking the marketplace the bank need to adapt with it but if they can't adapt with it their might be some conflict already in few country bankers are talking about it and some of them are taking in a positive way others negative. Lets hope for the best.
I think the banks wont shutdown btc because they cannot or it would be really hard for them.
I think they would rather go with it and use btc in their transactions instead of working against it...
Just like that. Banks just have not enough power to shut down bitcoin, cause of it is decentralized. Today they have just one option to adopt themselves to needs of simple users (clients) from whom their most work exist, and people chose crypto currencies, so one day banks will stop to warn people about dangerous investments in to crypto currencies and start to offer all possible services to satisfy clients' needs. So, there is no war, there are just compromises and work together. I think they would rather go with it and use btc in their transactions instead of working against it...
Some bank support bitcoin but there's no way the banks/regulator won't fight bitcoin because most of them are currently not earning from the bitcoin network but loosing to it.
I really didn't hear any case of support. Could you tell which banks do it exactly or at least in which country the situation is so. 
I think that for banks better is not to fight with bitcoin but official work with it.
Some bank support bitcoin but there's no way the banks/regulator won't fight bitcoin because most of them are currently not earning from the bitcoin network but loosing to it. 
I think that for banks better is not to fight with bitcoin but official work with it.
War is started long ago, it is a secret war with secret weapons. Recently I saw a post on Twitter
about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.
Ok. So They buy all bitcoins. People will still have their money and will be able to buy any alt coin similar to bitcoin. They can't buy all cryptocurrenies. about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.
War is started long ago, it is a secret war with secret weapons. Recently I saw a post on Twitter
about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.
about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.
Banks and corruption are fraternities. Bitcoin and int problems by the way. Helping to get out of the bank has some cash that makes the government wrong to make payments because of banker corruption. That's the worst thing about the banking industry. World War 2 has started because bitcoin is launched but until now they can not turn off bitcoin. They can only attack with decisions and coverage with 'overnment.
I would like to hope that the banks won't have the power to create a way to cryptos because people, investors, us will be to strong. Maybe they are already in the market and will crash it hard. I hope that it's not the case.
The crypto currency market cap will soon reach a trillion and I think it is too late for banks to start a war. Those who already use cryptos know that the fiat system is a scam. So the banks can right now only influence those who are not aware what crypto currencies are, but I think finally this will not help them anymore.
I think the banks wont shutdown btc because they cannot or it would be really hard for them.
I think they would rather go with it and use btc in their transactions instead of working against it...
I think they would rather go with it and use btc in their transactions instead of working against it...
The banking institutions will always see bitcoin and other crypto currencies as a direct competition as it takes money away from their vaults. We see no that many banks are coming round to the idea of block chain and crypto currencies as a whole ideally they want something they can control.
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