I think in terms of starting a war, the time for that has passed. Banks now have an opportunity to align themselves with Bitcoin and begin using it in order to provide good returns for both bitcoin users along with the clients of the bank. Its a war that I cannot see them winning.
If they dont begin to act in their clients best interests they will ultimately begin to loose their speculative investors for alternative wealth management companies etc.
Topic: When will banks start a war against bitcoin - page 33. (Read 16230 times)
When the income is closed in banks. They will see their members decreasing day by day the banks will start a fight against Bitcoin.
When it would be acceptable all over the world. When people might start using it as a normal way to exchange goods or make deals. I think that will be the time when banks will start a war against Bitcoin!
If banks really start a war against bitcoin I think it is considered a negative and bad news for everyone. On the other hand if they are able to co-exist and support one another finding the best solutions to current problems then I believe that will be a better way all around. What do you think? And I don't think banks one will take over the other as well..
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?
Its just a matter of time, if bitcoin will continue to expands then this is just another trial. There will be lots of accusations, some might be true that this is the perfect plan for money laundering, but some might just spreading rumors to take that slice of cakes inside bitcoin. As we know lots of money pouring into bitcoin markets recently and when it becomes bigger, then those big bankers will surely give a try for this new kind of investment 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 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?
If the people know about bitcoin and the good factor of it that bitcoin can't collect tax and interest from you. So i think of all people know about it im sure that the people who trust banks will definitely go to the bitcoin and trust to the bitcoin. But as for now in the other country i think the war of the banks anf bitcoin was happening now for the other country so they banned it in their country 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 question is NOT when will bank start war, the first question should be why bank start a war against bitcoins?. There's nothing wrong with bitcoins neither its illegal. Its a pure cryptocurrency. Bank can't start a war against bitcoins because bitcoins also gives some profit to banks when people encash bitcoins, they put this amount in their bank accounts.
That is the point right there, banks are benefiting for people who are converting their Bitcoin to Fiat Currency via Bank Deposits, and they can profit from it in many ways such as charging people on withdrawing their money, and also loaning out your money with interest. I don't think Banks sees Bitcoin as a threat because they can adapt to it and take advantage from it. I don't even think that the biggest cryptocurrency can post as a threat to Banks. 
If there have been many countries that legalize bitcoin and the world's population have used bitcoin then maybe the banks and also the government will fight bitcoin. I do not think bitcoin should be resisted, I just hope bitcoin will continue to be supported for the advancement of a developing country economy.
I think never, because I am sure that one day the banks will also accept bitcoin as a legal currency and they will also start dealings in bitcoin. They will install ATM machines in their banks which will act as the ATMs for paper currencies today. Besides if they start cold war against bitcoin defeat will be their destiny. So it will be good for them never ever think of a war with bitcoin world.
The question is NOT when will bank start war, the first question should be why bank start a war against bitcoins?. There's nothing wrong with bitcoins neither its illegal. Its a pure cryptocurrency. Bank can't start a war against bitcoins because bitcoins also gives some profit to banks when people encash bitcoins, they put this amount in their bank accounts.
Already, many countries understand that it is easier to accept this than to deal with it. A bank understands that it can be used competently. Of course not all.
I think the banks feel threathened by bitcoin, which they should. New business models will have to arise, and the banking industry will need to adapt if they are to survive. I belive it was Bill Gates who said that the world needs banking services, but not necessarily banks. If digital currency and the blockchain technology lives up to its potential I think we will see that this is true.
Banks always consider bitcoin as a rival.They have always feared that their profits got from transactions would get affected due to bitcoin.They have tried a lot to destroy bitcoin,but all in vein.It is also said that ripple was created by banking sectors as a competitor to bitcoin.Still,they continuously failed to defeat bitcoin.
Even two weeks before,we saw that JPMorgan Chase CEO Jamie Dimon tweeted that bitcoin is a fraud.It caused a great price fall in bitcoin.The banking sectors are continuously waging war against bitcoin.But interesting thing is that they are not able to stop the progress of bitcoin.
Its the most bitter truth they must have to agree.
Even two weeks before,we saw that JPMorgan Chase CEO Jamie Dimon tweeted that bitcoin is a fraud.It caused a great price fall in bitcoin.The banking sectors are continuously waging war against bitcoin.But interesting thing is that they are not able to stop the progress of bitcoin.
Its the most bitter truth they must have to agree.
when bitcoins will legal all over world i feel so banks will automatically start war, moreover it's not popular in comment man i means to say only 40% people hardly know by feature of bitcoin usage which make bank not thoughtful about bitcoins
The war is on already, thinking otherwise is foolish. Recent band in China and South Korea shows the banks will do anything to stay relevant. Banks control governments, and often help direct policies.
Correct, but the good news is that we only need to convince one country to accept bitcoin, even if the whole world banned bitcoin as long as a country and its banking industry accepted bitcoin then all the exchanges could set shop there and they will be untouchable, there will be international pressure to that country but if they see the money rolling they are going to allow bitcoin for a long time. 
Not sure if it was mentioned already but GP Morgan already started a war against Bitcoin and soon others will follow to keep currencies under their control
Banks will only start a war with bitcoin if their financial standing and earnings will be heavily affected. Those are the usually reasons of banks. Some of it are also if they want to take control of bitcoins and want to monopolize it they can do it with the help of the government of the country. Currently its not happening and there are also several banks already trying to adopt bitcoin to be a part of their system. So I guess instead of going against bitcoin they will just also go with the flow like everyone else.
The war is on already, thinking otherwise is foolish. Recent band in China and South Korea shows the banks will do anything to stay relevant. Banks control governments, and often help direct policies.
It's slowly starting already. The smarter banks are stocking up and the dumb ones are trying to fight it. Good luck to them all. They'll be like a newspaper business in the early 2000s soon.
If bank start war against Bitcoin, it will be big mistek. Every bank should give legality of Bitcoin. So it will be more safe to use. People can transfer their money with low fee. Bitcoin is most popular crypto currency now .We can easily transfer our fund by Bitcoin. So bank should consider that.
I’m a big bitcoin supporter but if I were a bank it would be a terrible mistake not to wage war against bitcoin, from a business perspective are you going to sit down doing nothing while a competitor appears, now some may say that bitcoin is slow and not a great competition but that is going to change, they need to try to kill bitcoin now, I think they made the mistake of thinking bitcoin was dead after the disaster of MT. Gox but now bitcoin is back and stronger than ever. 
These are all empty words and threats, I think that banks will never start a war against Bitcoin.
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