Topic: When will banks start a war against bitcoin - page 34. (Read 16230 times)
Banks will appeal against Bitcoin if they feel that it will bring them down. Well, other people doesn't know about Bitcoin yet. So luckily it won't happen yet. But m, surely Bitcoin and banks can co exist together, so why fight when we can make love?
Start a war? Why would they even bother with it?
They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
I disagree you paint a very bleak picture, I will recognize that bitcoin is not performing its function but that is going to change once the lightning network is deployed and bitcoin can process millions of transactions, that is when I think a more open conflict is going to happen, in fact I think that all the forks we are seeing are nothing but another attempt to kill bitcoin before it gains any more strength. They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
It looks like war is already going on, the bank is the official agencies which pay taxes and follow all regulations of the State, when the bank found a threat the bank bitcoin propose to the Government for the banned bitcoin.
Yeah the start of the war is there already as Dimon and some infamous Wall St. people are now trying to do everything they can just to tell that bitcoin is a fraud. They are seeing it as a disadvantage to their business so these bankers knows how to play the game. They are spreading incorrect information about bitcoin so they can stop those aspiring bitcoin investors and users to stop getting into it.
Hopefully that does not happen, has long btc circulated as the currency of gambling and very potential as a money laundering. but until now there has been no serious action from the bank in the world about btc.
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?
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.
They only complain about the unfair paying field, they have to spend millions in compliance while some bitcoin startups who offer similar services don't.
The question is where were you when James Dimon of JP Morgan attacked bitcoin so badly? by calling bitcoin as a fraud?
Bitcoin are already in war bitcoin since early days of bitcoin. The only reason you might see like is not happening it is because bitcoin is nothing rather piece of codes. Bitcoin is digital not physical, so there is no way to attack bitcoin directly, they can only attack bitcoin by spreading negative FUDs.
As long as there is no serious action from the state government then there will be no problem. although many are negative against this btc virtual currency, but more agencies are legalizing btc payments. for example in countries that hold most btc users who offer goods or a building with payment using btc.
Banks around the world have long resisted the introduction of crypto currency. If you look at the statement of persons related to banks, about the crypto currency, then almost all of them are negative. At the same time, if representatives of banks see that in the current situation they can not resist the crypto currency, they accept the inevitability of its existence. In this case, the banks are already looking for the benefit of the circulation of the crypto currency, take decent commissions for exchanging the crypto currency in the usual currency, etc.
i believe the war had already started. Chinese PBOC had already cleaning their country of Bitcoin transaction, wanting to dominate Bitcoin by controlling exchanges. Though I belive they will greatly fail on this one. Aside from that banks are now looking and developing their own centralized blockchain to compete with bitcoins decentralization concept. I just hope this war benefits us to have a better service from both party.
indeed they try to make their own competitors from bitcoin because they want to master the blockchains transfer market and so they take the initiative to make their own so it is easier for them to manage and in the future want to compete with bitcoin with a large scale 
i believe the war had already started. Chinese PBOC had already cleaning their country of Bitcoin transaction, wanting to dominate Bitcoin by controlling exchanges. Though I belive they will greatly fail on this one. Aside from that banks are now looking and developing their own centralized blockchain to compete with bitcoins decentralization concept. I just hope this war benefits us to have a better service from both party.
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 bank spread a tricky accusations to against bitcoin, not every bitcoin 's users do illegal activities and crimes with bitcoin. 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?
besides that rather than do crime witj bitcoin better we (as bitcoin 's users) take a benefits by using bitcoin in proper ways like pay or buy something.
maybe banks would make a harsh campaign for against bitcoin because if banks let bitcoin fly high, Bitcoin will be serious competitor or whenever they can collapse.
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.
Start a war? Why would they even bother with it?
They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
It is inevitable to happen because Banks have the ability to quickly adapt to threats, and Bitcoin is no exception as I don't consider Bitcoin as a threat but an opportunity and banks have taken it. Obviously banks are being used from debit cards to bank deposits when you exchange your Bitcoin to Fiat currency. Believing that people will start to transfer all their fund from banks to a Bitcoin wallet is a laughable idea as it is close to impossible. They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
Start a war? Why would they even bother with it?
They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.
Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.
Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?
Banks have already won but some are to blind to see.
I think bitcoin is a great competition for the banks because no longer can they not pay us interest and have us store our money their just because it is more secure to store it at a bank then a house. Bitcoin changes this because it is more secure at the house now since you can password protect a paper wallet, and make copies to store at your work, school home etc.
If you think they are going to give you better rates in order to compete with bitcoin you are wrong they are going to use the same old methods of saying that everyone that is in bitcoin is a drug dealer or a tax avoider, they are going to try to shame people into complying but all those tricks do not work on us and the more they use the same old trick the less effective it becomes against other people. 
They have already started the war. The multiple (opportunistic) statements made by the JP Morgan CEO Jamie Dimon is a perfect example. And don't think that only Jamie Dimon is involved in this. The other big bankers will also get involved in the next few days and weeks. And also, in Singapore the banks have frozen Bitcoin related accounts.
It looks like war is already going on, the bank is the official agencies which pay taxes and follow all regulations of the State, when the bank found a threat the bank bitcoin propose to the Government for the banned bitcoin.
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, if I think bounty hunter apprentice on the broken spirit of our journey is still far away.
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, if I think bounty hunter apprentice on the broken spirit of our journey is still far away.
Do you think it will happen and when?
Here in philippines banks and bitcoin are together here in our wallet so this is not an issue for me and also bitcoin create to conveniece like in transaction purpose in different country so this is nothing to worry about,i think the better now is to think how to locate some scammer here that use bitcoin to scam others and i think also we need law for bitcoin
Some banks in my country are claiming that they are trying to "adapt" blockchain which is for them a new technology and they seem to be proud of it. They might have seen some kind of danger in Bitcoin, time will show us.
If thats the current well I think that good, I cannot hold to possibility that soon bank and bitcoin will have not be in good terms, we will be the most affected on this if there would be a centainty that this will happen, I mean it will not going to be easy as now if there would be a war between them, expect low exchanges, limited bounties and more but I think if that happened, we should fight for our freedom of belief, and since bitcoin is naturally made for being decentralized they dont have the right to do anything above the rule here I think. 
It is normal for banks to consider bitcoin as a threat. Given how these digital currencies are not issued by banks, bitcoin often gets harsh criticism from the banks, which causes the bank can not even manage to control the bitcoin turnaround in the digital world. plus The value of all cryptocurrency continues to increase, so they consider This is a real threat to the existence of the bank. so I think this is one reason why banks hate bitcoin.
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