They already started a big war against crypto world in case you didn't notice already. So It is already happening my friend.
Yes it is starting be signed by bans bitcoin usage on every countries for example the government of China banned bitcoin and any other related with digital coins, icos and the activity of mining soon, many banks being hate to bitcoin and altcoins due to they can not do control of bitcoin, they can not hold the money in bitcoin on their business, it is mean their income lost too. Especially the income from remittance, with bitcoin sending money around the being more cheap and fast than banks. 
Topic: When will banks start a war against bitcoin - page 36. (Read 16230 times)
The bank seems to still not care about bitcoin, maybe the bank thinks that bitcoin market share is still very small and not to think about, other than that the bank feels that bitcoin is illegal so all countries will never use bitcoin.
we know that what is considered a change / revolution will be rejected at the beginning, but when the rejection will happen sooner or later, and we as a community that can convince and fight back .. 
I think they have already started. And the question in which everyone is interested is why. There are several reasons why banks are against Bitcoin. First of all, banks are used to controling and letting all financials flow through themselves. All banks are also inherently linked to the state bank. The state bank of the country will always strive to make banks more profitable. Bitcoin is decentralized, anonymous and uses the minimum transaction fee. Banks are not interested in it, this is not profitable for them. The war against bitcoins is waged not only by banks, but also by the government, as government and banks work together.
The bankers, they can start with the cover but they will start talking about religious freedom, speech, and things like that. Instead, they will do what they do with Islam for example, they take action for pedophiles and terrorists, arms dealers and drugs,
I think banks considered bitcoins as a threat...
Why?..bitcoin chooses no one..bitcoin doesnt need to much
information to access it. You can pay bills without any
hustle if you have phone and a connection you can easily do
buy and sell and make some payments. Unlike in banks they
will ask you many documents before transacting.
They need to know you everything you disclose to them
should have a basis and must be legal. Most of the banks
are strict and has many restrictions but compare to Bitcoin
if you want to pay bills you can make payments without
disclosing informations you do not want to disclose. In
Bitcoin they make our life more convenient.
Why?..bitcoin chooses no one..bitcoin doesnt need to much
information to access it. You can pay bills without any
hustle if you have phone and a connection you can easily do
buy and sell and make some payments. Unlike in banks they
will ask you many documents before transacting.
They need to know you everything you disclose to them
should have a basis and must be legal. Most of the banks
are strict and has many restrictions but compare to Bitcoin
if you want to pay bills you can make payments without
disclosing informations you do not want to disclose. In
Bitcoin they make our life more convenient.
Banks are not related to anything because they still benefit from every bitcoin conversion to fiat, the bank simply does not mind and is even very ready if bitcoin keeps growing. They are just waiting to see when the government will issue a bitcoin regulatory policy, because they are very waiting when bitcoins are listed in the official currency exchange list on their exchange list.
I do not think that will happen. We need banks for the economy. Tell bitcoin to become such a huge bank to shut down. How will you handle fraud? How will you borrow? This is not possible without a bank, and bitcoin can not solve the problem like this.
Yeah I think it is quite possible that banks start a war against bit coin soon because of its increasing popularity among the people belonging to different regions of the world. Banks feel more unsecured because of the following characteristics of bit coins: Encrypted virtual currency
Anti theft
Exponential growth
Decentralized currency
Globally accepted
I think banks considered bitcoins as a threat...
Why?..bitcoin chooses no one..bitcoin doesnt need to much
information to access it. You can pay bills without any
hustle if you have phone and a connection you can easily do
buy and sell and make some payments. Unlike in banks they
will ask you many documents before transacting.
They need to know you everything you disclose to them
should have a basis and must be legal. Most of the banks
are strict and has many restrictions but compare to Bitcoin
if you want to pay bills you can make payments without
disclosing informations you do not want to disclose. In
Bitcoin they make our life more convenient.
Why?..bitcoin chooses no one..bitcoin doesnt need to much
information to access it. You can pay bills without any
hustle if you have phone and a connection you can easily do
buy and sell and make some payments. Unlike in banks they
will ask you many documents before transacting.
They need to know you everything you disclose to them
should have a basis and must be legal. Most of the banks
are strict and has many restrictions but compare to Bitcoin
if you want to pay bills you can make payments without
disclosing informations you do not want to disclose. In
Bitcoin they make our life more convenient.
They already started a big war against crypto world in case you didn't notice already. So It is already happening my friend.
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?
It's already happening, the big one and the latest one is what happened two weeks ago when Jp Morgan chief posted Bitcoin is a fraud which resulted in a big dump from scary holders and we will see a lot of this almost daily because banks will not stop until Bitcoin is dead.
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 will not declare war against cryptocurrency because they know the capacity and capabilities of the this new technology. I believe they will join the community because they will collapse if they go against it. Infact they already join the community, they came up with RIPPLE and Stellar Lumens. 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 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.
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?
Banks are starting already their war against Bitcoin started up with Head of JP Morgan who gave a press release that Bitcoin is fraud. A lot of people can testify that Bitcoin is not a fraud the Banks sees that will be a big threat in the Banking Industry thats why they keep on telling that bitcoin is a fraud. Even the banking industry do buy Bitcoins. If bitcoin penetrate the whole world for sure the banking industry will be closed. This is just my observation.
China acting against Bitcoin may also be a sign that banks are starting a war against this technology, since the largest banks in the world are in China.
bitcoin is a currency and there are not any banks that want to counter the money, which makes them profitable. If there is a campaign against btc, it is likely to result from bureaucratic misconceptions about btc. Then instead of accepting btc as a trading method, they banned or against btc.
I'm unsure if I understand what you mean, but banks display this behavior simply "to protect" the respective fiat currency.
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?
They already started the cold war against bitcoin I think since 2015 especially this Jamie Dimon guy it is just that he can't beat the heat of bitcoin's boom, that is why he is telling FUD's everywhere and using reverse psychology to his statements. Even Paypal are not accepting bitcoin in exchanging in its platform. Let's wait till the banks fall.
There is a politician in our country that is so corrupt and using different kinds of bank in different countries to launder his money and to hide his original statement of assets, liabilities and especially his net worth. so if this happens in the real world using banks, this is a face palm to Jamie. Bitcoin is a currency and you can use it in exchange of almost everything just like Fiat money so it is just depend on who uses it whether it is bad or not.
'Money is the root of evil'
bitcoin is a currency and there are not any banks that want to counter the money, which makes them profitable. If there is a campaign against btc, it is likely to result from bureaucratic misconceptions about btc. Then instead of accepting btc as a trading method, they banned or against btc.
I don't think that'll ever happen. We require banks for the economy. Say bitcoin wound up being so enormous banks anticipated that would close down. By what technique may you oversee intimidation? By what means may you take an advance? This is astonishing without a bank, and bitcoin can't deal with issues thusly.
I don't think so either but rather the banks will try to integrate Bitcoin and blockchain into their setup in order to be at par with the prevailing technology. If they rival Bitcoin they will fail so I don't see that happening.
I bet they won't. The battle is about survival of the fittest. The banking world is a little bit threatened with the constant and consistent of cryptocurrencies but they know very well that they are well-entrenched in the system and that they remain one of the most powerful bodies. But they just have to consider the probability of getting one or two techniques from crypto.
Banks do not like bitcoin one bit but they like even less the war they will have to go through to try to defeat bitcoin, governments and banks are used to go against big servers, they can make a great investigation and then when they find their enemies they destroy them in a single movement, bitcoin proposes an attrition and asymmetrical war one in which no big movement can end the war that is why banks have doubts about the way to proceed.
I think the bank has started a war with bitcoin, no bank is willing to accept bitcoin because it is considered a rival. someday the bank will ask the government to ban bitcoin.
I don't think that'll ever happen. We require banks for the economy. Say bitcoin wound up being so enormous banks anticipated that would close down. By what technique may you oversee intimidation? By what means may you take an advance? This is astonishing without a bank, and bitcoin can't deal with issues thusly.
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