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Topic: When will banks start a war against bitcoin - page 8. (Read 16230 times)

sr. member
Activity: 658
Merit: 253
February 25, 2018, 04:03:25 PM
It is too early, the technology is very young at the same time very promising, it is necessary to first study it well and test, and then start the war to make this market monopoly. There is still time)
member
Activity: 144
Merit: 10
February 25, 2018, 06:24:39 AM
A war has been quietly running against Bitcoin and its ALT currencies for quite some time. Of course this is now super evident with Ripple, the banks and financial institutions who run it are only accepting crytpo, not FIAT - why is this... A MASS WEALTH REVERSAL BY THE BANKS. Wake up sheeple.
member
Activity: 167
Merit: 11
February 25, 2018, 06:22:15 AM
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 are already a war between banks and cryptocurrency. There are banks that gives a warning on their clients if their transaction will be involved with cryptocurrency. There are cases in Asia and Africa where your account will force close if you make a transaction involves in cryptocurrency.
newbie
Activity: 112
Merit: 0
February 25, 2018, 05:28:47 AM
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?
Today's banks are sure to have their algorithms for the virtual currency, but Bitcoin, at the current pace of development of Bitcoin, is gaining access to the commercial market directly. Bitcoin is a fast-growing currency, and the future will be available in big banks
Banks need to offer something for bitcoin investors as well to attract customers otherwise they are going to bear massive losses. People are already fed up useless policies of banks and are that's why investing decent amount of money in bitcoin.
newbie
Activity: 53
Merit: 0
February 25, 2018, 03:22:44 AM
But I think banks should not go to war against bitcoin or other CryptoCurrency but they have to adopt it as a way to conduct financial transactions in the financial arena. Otherwise, they will find the same fate with traditional telecom operators who lose their way by seeing Over-The-Top (OTT) players like Viber, Whatsapp, etc. as their enemies regardless of the positive side of adoption and provision of their own OTT solutions.
jr. member
Activity: 139
Merit: 1
February 25, 2018, 02:53:28 AM
Now that times when banks would start a war against bitcoins are over. They accepted it as a reality and now are only looking their best interest in it and how to make money from it. They don't even look at bitcoin as their competition so there will be no war.
full member
Activity: 168
Merit: 100
February 25, 2018, 02:46:31 AM
the bank is under government control so it will not doubt the war that will happen, but the war will not happen because bitcoin still needs a bank to help it. If bitcoin has created a bank, bitcoin will fight with a government-controlled bank bank to seek an absolute victory.
member
Activity: 658
Merit: 10
February 25, 2018, 02:28:07 AM
This will happen soon in the future. Banks will use all they have to stop bitcoin. They can spread bad rumors about bitcoin so that the whole world thinks bad about bitcoin and does not enter the crypto market. I think the bad news about bitcoin is the involvement of the bank. But anyway, bitcoin is still the first choice of smart people.
sr. member
Activity: 553
Merit: 250
February 25, 2018, 02:26:14 AM
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?
Today's banks are sure to have their algorithms for the virtual currency, but Bitcoin, at the current pace of development of Bitcoin, is gaining access to the commercial market directly. Bitcoin is a fast-growing currency, and the future will be available in big banks
This is good news, I hope everything is according to plan and the important thing is we get many benefits under any circumstances, although someday virtual currency beat bitcoin.
member
Activity: 101
Merit: 10
February 25, 2018, 02:22:00 AM
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?
Today's banks are sure to have their algorithms for the virtual currency, but Bitcoin, at the current pace of development of Bitcoin, is gaining access to the commercial market directly. Bitcoin is a fast-growing currency, and the future will be available in big banks
legendary
Activity: 1596
Merit: 1061
Smile
February 24, 2018, 10:52:41 PM
The war already started, good proven example is the Polish central bank that payed Youtubers to bash Bitcoin in videos. This is probably not the only action banks took against Bitcoin, but it has been proven. I think that it makes sense, because Bitcoin is probably the biggest rival of banks that is out to the public, looking at the technology that would make banks useless.

Bitcoin was made specifically to target centralized banks

thus it is an enemy of the banks......

https://www.rt.com/business/419734-bank-america-cryptocurrency-threat/
sr. member
Activity: 518
Merit: 268
February 24, 2018, 06:43:50 AM
The war already started, good proven example is the Polish central bank that payed Youtubers to bash Bitcoin in videos. This is probably not the only action banks took against Bitcoin, but it has been proven. I think that it makes sense, because Bitcoin is probably the biggest rival of banks that is out to the public, looking at the technology that would make banks useless.
member
Activity: 196
Merit: 10
February 24, 2018, 06:33:49 AM
So like this war is already on, it just has not yet reached its peak phase of activity. As long as governments have not yet decided how to act.
full member
Activity: 420
Merit: 100
February 24, 2018, 06:29:10 AM
when the number of their customer is getting lower maybe they will start a war against bitcoin. but i dont think they will make a war because all banks can use bitcoin as their regular currency. they just need to shoulder all cryptocurrency to stablish good partnership.
member
Activity: 280
Merit: 10
February 24, 2018, 06:25:29 AM
Banks will certainly take up crypto currency when they feel a large outflow of funds and a smaller profit. This will certainly happen, I think after 5 years
full member
Activity: 294
Merit: 101
February 24, 2018, 06:21:04 AM
I don't think a war between banks and bitcoin will take place however I know for a fact that the banks now are trying to see what they can do about these cryptocurrencies because it also made some huge changes in the bank itself. They are aware what is the sole purpose of these cryptocurrencies and some think it could lead to major crimes like sending funds to some group of people anonymously or whatnot. But the banks for now can't do anything about these digital coins, and eventually will create their own coin or token because of the hype.
legendary
Activity: 1596
Merit: 1061
Smile
February 24, 2018, 05:43:04 AM
Bitcoin was made specifically to target centralized banks

As a result of the GFC 2008 banking lies,  satoshi made (leaked?) bitcoin

thus it is an enemy of the banks and they have and will continue this war against bitcoin

https://www.zerohedge.com/news/2018-02-23/currency-wars-ecb-warns-re-trump-russia-and-turkey-buy-gold-and-boe-bitcoin-warning
full member
Activity: 266
Merit: 100
February 24, 2018, 05:29:05 AM
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?
Perhaps many conspiracy theories have been circulating that banks will fight bitcoin because bitcoin directly and openly take on potential customers. I think at this time ba we have started battling bitcoin with the policies they make and their involvement in influencing the government.
newbie
Activity: 70
Merit: 0
February 24, 2018, 05:13:05 AM
Banks I think are smart enough to know that instead of going against Bitcoin they can benefit from it in the future if they want to, they have the resources, they have their R&D, surely they can adopt to Bitcoin and still provide services for clients.
full member
Activity: 434
Merit: 101
February 24, 2018, 03:49:57 AM
I think the banking industry is also playing a vital role in the present time and the central bank of every country is making a big strategies with banks loans etc the financial system can be stronger with the banks and the importance of this can not be set aside. Those who have bitcoin they are also good but i think the banks will not start a war against bitcoin because the people who are educated they are using bitcoin by their own will.
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