Topic: When will banks start a war against bitcoin - page 25. (Read 16235 times)
Bitcoin isn't simply getting expanded enthusiasm from technically knowledgeable people and banks, for example, Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JP Morgan, State Street, Royal Bank of Scotland and UBS. Governments are likewise loaning help to the cryptographic money.
We are already seeing the banks wage war against bitcoin, with these forks.
The old divide and conquer theme is playing.
I dont think it will work unless the big government assholes start a nuclear war and shut down all the electricity.
The old divide and conquer theme is playing.
I dont think it will work unless the big government assholes start a nuclear war and shut down all the electricity.
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?
In my country the banks have started the fight against bitcoin when many people have turned all their money and altcoin instead of putting it in banks. 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?
The war has begun, banks now be careful of bitcoin users. Many countries ban ICO it means banks with govt work together to stop the growth of bitcoin and cyrpto , They are suckers, they take people money for bail out. Fuck of banks,
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 banks will start the war if bitcoin will help them to improve their holding capability if they use bitcoin as a online currency. There are some banks adopting bitcoin for payment and some are creating debit and credit card for bitcoin with a name of a bank on it.
Banks are against in bitcoin because if many people use bitcoin or keep holding it, that's very imposible that people using bitcoin are still save their money to the bank that has a little interest, some of people will choose to invest their money in bitcoin rather than to save it in money.
In my opinion bank will not start a war against in bitcoin. Banks is much popular; many people are trusting and using banks. I think bank will just adapt bitcoin and create another system just for bitcoin, so that your bank accounts are united into your bitcoins.
I do not see any problem in this, because the bank's main business is getting loan. If bitcoin provided customers loans as their new currency, they would have succeeded 100% of the business. If there was a bitcoin bank, them the investors and the loaners would enjoy many benefits.
If there is was a bitcoin bank, you will kill online wallet for sure
, bank will still stand like it was before with its own function, that's why online wallet do prepare to exchange your bitcoin to real money, because online wallet knows that bank accept money not bitcoin. and any fee also for their income. not start a war, because still many people using money than bitcoin, and many people exchange their bitcoin to money even not directly from bitcoin to money. (bitcoin - exchange money through wallet - cashout from bank the ending is in money form ). CMIIW
I do not see any problem in this, because the bank's main business is getting loan. If bitcoin provided customers loans as their new currency, they would have succeeded 100% of the business. If there was a bitcoin bank, them the investors and the loaners would enjoy many benefits.
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?
Bank cant go war against bitcoin but if the banks told to government that if they take action to stop bitcoin for some reason maybe it will. But in our country some banks are embracing bitcoin you can buy and withdraw from them using bitcoins.
I hope not, because will affects us all. There might be some using Bitcoin for crimes but not all here are criminals. Many here are just doing to earn and save money for their future. Working hard in different campaigns to earn and pay depths or just to have some extra income.
Banks have its own strategic planning and developing technologies to compete with its competitors.They're using money for relending through loans,capitalizing businesses.They have many ways on how to use their funds and to earn profit.Though Bitcoin is remarkably gaining so fast in the market and guaranteed that banks will be benefited also through some people who will deposits a portion of they earnings from bitcoin,i dont think banks will start wars against it.
That is an excellent point but i didn't think about that. If banks start a war against bitcoin, the mean they want to take over its resources. This is too difficult in the strong development trend of bitcoin.
I hope the banks will not focus on it because we are doing our stuff here peacefully and if that happens we are all affected on the coming war.
Banks are attacking bitcoins because of one thing. It steals away their opportunity to control money. Government are backing them up because it has the same goal. Control. There's no saying when it will start a war. They already started. A few big attackers are JP Morgan Chase and Bank of America. They say bitcoin is a fraud and is used for illegal activities and money laundering.
Well that was expected for them to say due to its rising reputation throughout the years. You are right about banks attacking bitcoin. The main purpose of banks is solely for investment purposes and earning profits. In the event that they realize that there is a decrease on the number of their investors per year, they would exercise all the means in order to get them back. Bitcoin, being one of the most ideal form of investment, is continuously rising throughout the years and its price is also increasing, thus making banks a little-less irrelevant in terms on investments but lacks collateral.
Banks are attacking bitcoins because of one thing. It steals away their opportunity to control money. Government are backing them up because it has the same goal. Control. There's no saying when it will start a war. They already started. A few big attackers are JP Morgan Chase and Bank of America. They say bitcoin is a fraud and is used for illegal activities and money laundering.
Do you actually believe that the governments of the world are going to allow a digital currency that they have no control over to become “the future of money”?
Bitcoin is already being portrayed as a currency that attracts criminals involved in such things as tax evasion, drug dealing, gambling, terrorism and money laundering.
However, i am sure that no one will ever stop bitcoin. I'm sure banks and financial institutions are already quite afraid of bitcoin. Right now I think they will only try to discredit bitcoin with the "bubble" accusation, the money laundry problem etc, like we already seen.
Bitcoin is already being portrayed as a currency that attracts criminals involved in such things as tax evasion, drug dealing, gambling, terrorism and money laundering.
However, i am sure that no one will ever stop bitcoin. I'm sure banks and financial institutions are already quite afraid of bitcoin. Right now I think they will only try to discredit bitcoin with the "bubble" accusation, the money laundry problem etc, like we already seen.
All they can do is complain about it with it's unfair paying system but truly it is not unfair cause that's what should be a currency. So some feel threatened about it and calls it a fraud daily especially CEO's of a big company, bankers, tellers cause people prefers to invest they're money more than their bank.
They will try to adapt blockchain technology. All wars are made for profit. If banks start a war against BitCoin, they stop millions of money transfer between exchange platforms and people monthly. They get commission from all money transfers except for sepa.
In my opinion, banks already started a war against bitcoin, but not publicly.
For example, in my country, central bank shared internal memo, their own opinion that bitcoin is not currency or financial asset.
We can't even report income from bitcoin since tax office does not accept bitcoin as money.
For example, in my country, central bank shared internal memo, their own opinion that bitcoin is not currency or financial asset.
We can't even report income from bitcoin since tax office does not accept bitcoin as money.
And then, what did they decide it is?
You should be happy they treat bitcoin like baseball cards, you can safely avoid paying any tax income.
Btw , which country is that?
yes i also thing that bitcoin have already start war against bitcoin because people love using bitcoin and also like bitcoin because of many reasons ans these reasons are that people using bitcoin for transformation of money instead of banks and this decreases the value and importance of bitcoin and also people use bitcoin for business not using banks so due to these reasons banks don't like bitcoin and want to banned bitcoin.
Yeah, banks are losing a lot of clients due to bitcoin...NOT.
Actually they have won a lot of new clients cause everyone is using banks to deposit and withdraw fiat from exchanges.
And even if we would count all btc transaction in a day, there are barely 300k.
Total bank movements in 2015 were reported at 1.09 billions a day!!!
So bitcoin is doing right now 0.03% of the transactions between banks.
Besides, you're actually saying pretty stupid things.
Quote
people using bitcoin for transformation of money instead of banks and this decreases the value and importance of bitcoin
It's the other way around, are you using google translate to write here?
For some banks, Bitcoin consider as a threats, how ever there also other bank, that do transaction and enjoy the high profit with Bitcoin transaction.
If business or services are not able to adopt technology of Bitcoin, there future has a limit and soon will be left behind.
If business or services are not able to adopt technology of Bitcoin, there future has a limit and soon will be left behind.
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