Topic: When will banks start a war against bitcoin - page 4. (Read 16230 times)
Such a war has been going on for a long time. Only it is not obvious and not obvious. This is especially evident now, when the bitcoin course is intentionally omitted using false news. Recently wrote that one of the largest banks in Poland ordered the release of negative false information regarding the crypto currency in social networks for $ 30,000. Bankers do not fight openly, they as always use their money for this.
I do not think soon because how they can start a war if they do not know with whom to begin with arrivals and convictions
We are still at the beginning of crypto-conversion, but bitkoyn is growing at lightning speed, and some banks are already considering it as a potential threat. There have been many accusations in banks that bitkoyn is ideal for money laundering
Somehow at someways, banks nowadays consider bitcoin and the whole cryptocurrency as a part of their competitive factors in the world of financial industry, but I think war already started but some banks has tired to hold accounts of individuals earning through cryptocurrency as income. Yet some other banks also, which are wiser uses the technology of bitcoin to use against them.
I don't think it will come to an extent for bank to start a war against bitcoin. Banks will never start a war and cannot start a war against Bitcoin.
Although bitcoin has many benefits and will give users a great benefit quickly. However, there are many risk points. That is why some states strictly violate the bitcoin trade. According to state regulations, local banks are not permitted to trade bitcoins. I do not know when will banks start a war against bitcoin. But if the bitcoin affects the interests of the state then it will happen quickly.
Very soon if bitcoin is not the same currency as the national one and the banks will not accept it always, everything will be house
We are still at the beginning of crypto-conversion, but bitkoyn is growing at lightning speed, and some banks are already considering it as a potential threat. There have been many accusations in banks that bitkoyn is ideal for money laundering
Ha-ha! Banks have no rights to do even smth against cryptos. In my country government need to work hard and to create appropriate law that will regulate or forbid cryptos. Now crypto currencies have no status at all and are as free as a wind.
If the exchange rate of USD and bitcoin becomes higher a lot of people will invest to it, and soon transactions on bitcoin will be made as well.
Its just a matter of time before the government will try to manipulate bitcoin.
Of course, the lack of control of the government toward this is a threat. For example, On illegal businesses, bitcoins can be used for illegal acquisition of items in the black market which I think is possible - government cannot tracked the bad guys.
Also, since the government has no control they cannot taxed every transactions made with btc which is also a loss of income to the government.
Its just a matter of time before the government will try to manipulate bitcoin.
Of course, the lack of control of the government toward this is a threat. For example, On illegal businesses, bitcoins can be used for illegal acquisition of items in the black market which I think is possible - government cannot tracked the bad guys.
Also, since the government has no control they cannot taxed every transactions made with btc which is also a loss of income to the government.
Banks are already against the bitcoin but supporting the idea of blockchain by bringing in their own Centralized cryptocurrencies. Banks have been warning people against the idea of investing or trading cryptocurrencies all over the world. The centralized financial institution like banks can never support decentralized monetary system so easily.
I think the war has already started although I think war may be a little strong but definitely an increase in pressure on cryptocurrency. Any interest we see at the moment from institutions shouldn't be seen as them supporting the technology, I think they are just spreading there risk and hedging
I do not think banks will do that, because they do not have any significant losses. With Bitcoin, every person who trades Bitcoin still needs to convert their coins into local currency. And the bank's biggest income is from loans and interest, so with Bitcoin will not interfere with their main income, it even adds income to them if they are good at looking at new opportunities.
I do not think that this will happen. We need banks for the economy. Say, bitcoin became such a huge bank that we had to close it. How will you cope with the fraud? How would you take credit? This is impossible without a bank, and bitcoin can not solve such problems.
Their never use to be banks.
For 10's of thousands of years we lived without banks.
There are always alternatives
like bitcoin
I do not think that this will happen. We need banks for the economy. Say, bitcoin became such a huge bank that we had to close it. How will you cope with the fraud? How would you take credit? This is impossible without a bank, and bitcoin can not solve such problems.
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?
When they see a bad threat for them, they will war against it, right? I think it's not a long time we will see some campaign against bitcoin, maybe it will be campaign about eliminating the impact of bitcoin on life, especially its bad effects.
some banks start fighting Bitcoin? why, because Bitcoin Investments only take a small portion of the fiancé market. If there are some organizations can fight Bitcoin, I think it should be a stock. If investors rush to the cryptocurrency market, at a time when there will be a war between Bitcoin and other investment products.
We can never tell. Because some banks now are allowing cash withdrawals and for sure they know that this money (earnings) came from bitcoin thru bounties, signature campaigns and airdrops some were aware what is really happening now. Mostly, it can now be visible thru social media posting and videos thru you tube. They were also have knowledge that this Bitcoin thing cannot be easily freeze.
If the government have not been able to totally hinder bitcoin from making progress I do not think bank can successfully fight bitcoin because most people are believing in bitcoin already.
Bitcoin started the war.
At the moment the banks defenses are holding strong but the wave of new troops is causing fractures.
The very reason bitcoin was invented was to attack the central controlled banks
Central banks are;
1) Privately owned and run
2) Known to implement governments after wars, coups, removal of monarchies, invasion, supporting rebellion
3) Known to use governments to allow them to print money freely
4) Known to increase inflation that always benefits profits over any citizen's wealth
5) A criminal cabal using global corporations, governments (debt owners) to further criminal trade
6) Known to cause the 2008 GFC - the last straw that caused Bitcoin to be invented in 2009
At the moment the banks defenses are holding strong but the wave of new troops is causing fractures.
The very reason bitcoin was invented was to attack the central controlled banks
Central banks are;
1) Privately owned and run
2) Known to implement governments after wars, coups, removal of monarchies, invasion, supporting rebellion
3) Known to use governments to allow them to print money freely
4) Known to increase inflation that always benefits profits over any citizen's wealth
5) A criminal cabal using global corporations, governments (debt owners) to further criminal trade
6) Known to cause the 2008 GFC - the last straw that caused Bitcoin to be invented in 2009
Update on the war
A new battle has been undertaken with the kobayashi (maru) entering the war
With over 160000 BTC troops kobayashi either allied with the banks or on his own have attacked the bitcoin defenses breaking the wall and causing a retreat
the 8000 BTC USD WALL is holding strong with reinforcements entering the fray. But still there is plenty of red.
The banks are using the offensive to promote their centralized troops (coins and tokens) with minor advances into decentralized zones (altcoins)
Reinforcements are on the way with various affrays into the media zones with outstanding success in public awareness of allying with bitcoin
kobayashi has more weapons of mass destruction but with resolve and support for decentralization many new bitcoiners have a chance for cheap entry into a successful war
lock your orders and load your troops
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