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Topic: When will banks start a war against bitcoin - page 22. (Read 16230 times)

hero member
Activity: 837
Merit: 500
November 24, 2017, 01:19:01 AM
Banks are also connected with our government and I believe the reason for this its because they cannot manipulate Bitcoin or cryptocurrency since it may take time for them to create a certain rule/policies for it. For me, instead of war against btc it will be better if they merge and make the business grow (I think this is not possible)
Since bitcoin is decentralized, it can't be manipulated so even they make appeals for any reason it will be impossible, since bitcoin can be a great gelp in every nations economy i think bitcoin and bank will not have any priblem since they both give benefits for the people.
full member
Activity: 1176
Merit: 104
November 24, 2017, 01:16:31 AM
Banks are also connected with our government and I believe the reason for this its because they cannot manipulate Bitcoin or cryptocurrency since it may take time for them to create a certain rule/policies for it. For me, instead of war against btc it will be better if they merge and make the business grow (I think this is not possible)
sr. member
Activity: 336
Merit: 250
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November 24, 2017, 01:07:06 AM
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?
Banks themselves use capital for fraud, only in small quantities. But there will never be a war, they will most likely find a compromise and will work together. Why fight if you can benefit.
full member
Activity: 264
Merit: 102
November 24, 2017, 01:02:59 AM
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?

People been making those kind of allegations and other complicated conspiracy theories since bitcoin's inception, it never happened and it will never happen, people working at banks don't care about bitcoin, shareholders don't care, CEOs don't care, tellers even less.


I agree! For me bitcoin and banks will never compete, because instead of competiting it banks will consider the growth of money in investing in bitcoin and they will embrace some of the advantage of it.
sr. member
Activity: 406
Merit: 250
November 24, 2017, 12:47:02 AM
There will be no war against Bitcoin by banks. I guarantee it. Because they are starting to use it. More and more banks are doing that.
jr. member
Activity: 46
Merit: 1
November 23, 2017, 07:19:15 PM
starting a war against Bitcoin? they already heavily invested in it.
newbie
Activity: 50
Merit: 0
November 23, 2017, 01:15:56 AM
I think banks are not stupid. At the moment, they are looking for a way to make money with bitcoin, more and more traders are in it. Then if they realize they can't make money out of it, then they'll start fighting it.
hero member
Activity: 602
Merit: 500
November 23, 2017, 01:15:46 AM
I think if the banks are willing to cooperate with bitcoin, maybe the world will be very good if both of these possibilities happen, but looking on the other side, it will not happen, because of the difference of opinion that makes bitcoin and bank impossible to work together, but they are fighting today, if we can realize it, from the issue issues that are made by the bank ...
member
Activity: 79
Merit: 10
November 23, 2017, 01:09:39 AM
banks start this war but use government to destroy bitcoin so that we find some governments ban bitcoin and other classify bitcoin as dark use
Actually Banks are presented to the goverment in the financial of that country. So of course the goverment will protect the banks from Bitcoin by banning them . But actually it's not a smart action.   
sr. member
Activity: 994
Merit: 257
November 21, 2017, 09:02:12 PM
I don't think Bitcoin competes with banks any more than gold, platinum, and silver compete with banks.
But then, I agree with the IRS, Bitcoin is not money, it is property.
And it is just about as easy to use Gold or Silver to buy stuff at our local market as it is to use Bitcoin.

The IRS is already establishing governance over Bitcoin in the USA.
https://cointelegraph.com/news/virtual-currency-exchanges-and-us-customers-beware-irs-is-coming-expert-blog

The difference is that banks beat gold and silver a long time ago that is why you do not see them as competitors to the current economic system, they are, they were defeated that is all, but bitcoin is a complete new invention and they are trying to figure out how to beat bitcoin, they cannot ban it because that is not going to have too much of an effect, they can regulate it but not everyone is going to comply and if they accept it then they run the risk of losing control of the economy if bitcoin becomes too big.
full member
Activity: 391
Merit: 100
SOL.BIOKRIPT.COM
November 20, 2017, 10:37:19 PM
War against bitcoin is really not a good idea. If we have problems to the both of them. We can solve it without war.
newbie
Activity: 1
Merit: 0
November 20, 2017, 10:00:43 PM
they just started the war against bitcoin in morocco , the government declared that it s forbid to trade bitcoin in morocco
http://www.lesiteinfo.com/economie/le-maroc-interdit-lutilisation-du-bitcoin-office-des-changes/
sr. member
Activity: 700
Merit: 277
November 20, 2017, 09:59:05 PM
Banks will take cover with regulation, I'm sure banks do not directly war with bitcoin because banks' business is following the rules then banks will ask the government to banned bitcoin and assume the use of bitcoin is against the law.
full member
Activity: 267
Merit: 100
November 20, 2017, 09:38:40 PM
Banks have started a war, I know Bitcoin traders who have burnt through some 50+ bank accounts, of course, now the banks want all in on the action, they are at a FOMO moment; not so clever bankers getting in on the Bitcoin and alt / blockchain gold rush.. It's six of one and half a dozen of the other...
People are welcoming bitcoin warmly and are investing into it for several reasons, they are getting a high profit here in short time, helping them to earn more in no time meet their financial needs easily. It is safe, easy and quick to be transferred when it comes to bank then its quite a complicated and lengthy process. There is no comparison among bitcoin and banks both have their properties and both are beneficial. So they won't get into a war rather bitcoin will give banks a hard competition.

Banks will never start a war and cannot start a war against Bitcoin. They have already tried though by bashing it and not informing anyone about it. They (MSM and banks) spread misinformation about Bitcoin to try and stop it's growth, but that's impossible with the internet. Because of the net you can spread any information and it cannot be stopped from being learned.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
November 20, 2017, 09:35:26 PM
How do we know they havent already? I've read some great conspiracy theories about the funding behind bitcoin core and how they have been slowly trying to destroy it. I wish i could find the articles to share, rather interesting.
Conspiracy theories, there is no end of them. I read many things, but what is real truth? Bitcoin is getting stronger in spite of all this theories, predictions of near end, and other rumors.
Who can predict what will happen with banks and bitcoins in the future. Banks exist for centuries, doing the same thing. They control money and like that they control governments and people around the world. Until now they didn't have decent opponent, and times are changed. Their time is over and new time will come, where will be their place in the future? With money they have they can do many things, one of them is creating their own digital currencies, or entering in bitcoin and taking over the control. Who knows what is in their brains, what they talk and do are two different things. If they are going down I would like to see that in my lifetime, that is all!
:wq
copper member
Activity: 258
Merit: 49
November 20, 2017, 09:12:11 PM
How do we know they havent already? I've read some great conspiracy theories about the funding behind bitcoin core and how they have been slowly trying to destroy it. I wish i could find the articles to share, rather interesting.
full member
Activity: 462
Merit: 100
November 20, 2017, 09:00:07 PM
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?

I think when bitcoins reach a whopping $10000, banks wilk try to bring down bitcoins with all their might. But I'm guessing they'll all fail because of how bitcoins are really unstoppable right now. I'm guessing as well that bitcoins would even increase in price once they actually try to bring it down.
full member
Activity: 152
Merit: 100
November 20, 2017, 08:46:17 PM
whether there might be a bitter battle between bitcoin and a worrisome bank, the government always wants to control the transaction and sue its buyers and sellers. as long as I use bitcoin there is no problem for the transaction.
member
Activity: 434
Merit: 15
November 20, 2017, 08:30:18 PM
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?
at any time, bank war and bitcoin will not start. because they are in conflict and they will prefer to be more competitive than to fight. We do not know, banks themselves have a large amount of bitcoin hold.
full member
Activity: 518
Merit: 100
November 20, 2017, 08:20:47 PM
Well that's not quite good for bitcoin user just like me and I don't want to see that bitcoin gets ban, maybe they will be more careful with that than making a war to a better currency that can really help people who don't have job to work, I mean like me I don't work to a company because I don't have their applicant requirements so I use to work to bitcoin.
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