Topic: When will banks start a war against bitcoin - page 32. (Read 16230 times)

Central banks have been going through the phases of denial when it comes to Bitcoin. They are now in the acceptance phase which is a sad time for them. They realize their life is meaningless now.

The central banks of the world have already started with the war. It's propaganda that we've seen be used before with MSM outlets to brainwash the public into think they are needed but they're not and BTC proves this.

If you didn't notice banks already start silence war against bitcoin and from what I see they are losing it. Biggest problem to them is that they can't control bitcoin, they are not wrong when they say bitcoin is good for money laundering and fraud, but they are saying this for wrong reasons.
Like there is no money laundering, terrorism finance and so on with paper money.

Banks actually lost the war with bitcoin and another crypto currency. They first tried to ignore it and ignored it, believing that its small volumes could not affect both the banking system and the economy of the country as a whole. Then, for a short time, they tried to counteract the crypto-currency, and when its size increased to such an extent that already the states in a hurry began to study the phenomenon of crypto-currency as already inevitable, largely filling their economy and supported by many members of society, banks, as always, have realized that it is better to extract from this revolutionary phenomenon its useful properties and secure profit, and therefore now actively use the technology blockchein, which is based on the cr , open their exchangers for the transfer of crypto currency into fiat and vice versa and even began to unite in alliances and create their own digital coin. So, almost a ripple coin appeared, now large Japanese banks announced the creation of their coins inside their banking system. Currently used in the banking system, the SWIFT method has become obsolete morally and can not compete with blockchein technology, which allows in a matter of seconds to transfer any money to anywhere in the world. Thus, banks are now actively cooperating with the crypto currency and fighting with it, at least openly, will no longer be.

crime can be in various ways, in fact the bank will also benefit from bitcoin because it will be a lot of transactions, so will not war between banks and bitcoin will instead be mutually beneficial

It will be late for banks to start war against BTC then. They can only mess up with BTC when it is not legal and recognized in some country. And they will/are trying to prevent BTC from becoming official in any country.

It is already happening. Banks ignore bitcoin before because it has no significant value but this year, it has catch more attention to people especially to investors that they are threaten by it so they spread FUD about it so that investors would back out. Unfortunately, because of the power of technology, people has uncovered their dirty move that's why many people does not trust them. They are teaming up with the government to combat against digital currency that's why there are bans and regulations implemented.

Banks oppose bitcoin as it adversely affects banks. A bank in the US has forbid  employees to using bitcoin. They said bitcoin was illegal and fraudulent

The war against bitcoin will start soon specialy from banks because as we all know, working in bitcoin and earning money does not need a real bank to save money in, all what you need is a wallet or a virtual bank to stock the whole amount in. With no taxes, investing will be much more easy and the access to money too.

I don't think there will be a war. There's no way for them to stop anything, but only cooperate.

They already started a cold war against Bitcoin I think because most of the top online payment platform like Paypal and Skrill that accepts Visa, Master and other cards doesn't welcome Bitcoin in converting to their websites because they know that it is a suicide attempt in their part doing business to the greatest revolutionary digital currency.

Banks compare to Bitcoin is nothing when it comes through the digital world because it is way more faster and cheaper in sending and receiving transactions in the whole world and it has no hidden charges that makes your money disappear without your consent. And I also think that Bankers already made a move in talking to some government in regulating this Cryptocurrency exchanges.

in my country we say;you need to kiss the hand which you can't win at arm wrestling.When i translate it,it become a meanless but thats to point.THe all banks has to make deal with bitcoin

By making various issues and asking the government banned bitcoin of course it is the beginning of the bank to get rid of bitcoin. but I'm optimistic though the bank start a war bitcoin will continue to improve.

to my own view, when banks start a war against bitcoin is when there is no deposit slip customers in banks again, that is people are not going to banks to deposit, they are going into bitcoin to deposit!

I think, that will be soon. So be careful with your BTC and forget about credit cards 

It will be understood if they make war against bitcoin. I believe bitcoin is a potential threat for them. Imagine if they get bankrupt because people stop using them or saving their money in them. A good percentage of their clients turning to bitcoin and just stop needing them will already be a big loss in their part. They have to do something to take people's interests on ceyptocurrency or else they will suffer.

I am sure the banks are trading Bitcoin and cryptocurrency, the profits from the Forex or Stock market can not compete to the profits with the cryptocurrency market in current. Even, the FUDs created by the Chinese government also to help them buy more Bitcoin .

Banks have already lost the war with bitcoin. If at first they ignored bitcoin and other crypto currency, then they tried to limit everything and not recognize it, but now they are actively cooperating with it and, using its advanced blockchein technology, unite themselves and create their digital coins within the banking system for the speed and convenience of their services customers.

I think it will happens soon. When the banks feels really threatened by bitcoin.

You have nicely summed up today's scenario of relationship between banks and bitcoin. Earlier it was a common believe that banks are wary of Bitcoin and would stand against it. But the trend is showing something opposite. Recently two of the giant bankers of the Wall Street has shown interest in Bitcoin. In other parts of the world, like Japan and Switzerland, banks are inheriting Bitcoin in their system and have started providing various services for the same. Many countries are involved in making their own cryptocurrencies and are not in any process of banning Bitcoin. Banks today can't ignore Bitcoin when it is growing largely in financial landscape. In most countries banks and Bitcoin will work together.