and of course most of their client once they discover that Bitcoins more convenient rather than banks for sure
they will shift into Bitcoins and study of it how to use it properly,.
Topic: Why Banks Hates Bitcoin? (Read 9219 times)
Bitcoins can be a competitor of all banks,because low charge of fee,more faster than a bank...
and of course most of their client once they discover that Bitcoins more convenient rather than banks for sure
they will shift into Bitcoins and study of it how to use it properly,.
and of course most of their client once they discover that Bitcoins more convenient rather than banks for sure
they will shift into Bitcoins and study of it how to use it properly,.
I think because of many people now are using bitcoin to transfer money fast, because sending bitcoin is a much better than sending some cheque because the bank will hold that cheque for several days.
maybe because its a very good alternative on banks thats why a lot of people using it .. maybe the banks are afraid to loss costumer bitcoins.. but I dont think people will invest their whole money on btc . after all banks is more secure that btc.
Bank hate Bitcoins because the Bitcoin is taking away there costumers. This way the banks cannot make money because everybody is going over to Bitcoin to use it as an investment.
yes bank will lose many customers. bitcoin take over everything. convenience and speed offered bitcoin surpass the strength of the bank.What do we know. Maybe some are using both at the same time. Banks can keep their money safe. And in bitcoin they can use it as an investment where it is moving always unlike money in banks.
Bank hate Bitcoins because the Bitcoin is taking away there costumers. This way the banks cannot make money because everybody is going over to Bitcoin to use it as an investment.
yes bank will lose many customers. bitcoin take over everything. convenience and speed offered bitcoin surpass the strength of the bank.Yeah that's why bank really hates bitcoin, but I'm thinking that one day it will stop. That bank will stop hating bitcoin.
Because the government may mandate the adoption of bitcoin in the economy.
Pro tip, OP: If bitcoin is better than banks, don't use banks.
Banks don't hate Bitcoin, they merely don't wish to deal with "Bitcoin businesses." Rightly so, because history has shown that such "businesses" are rife with failure and fraud.
Part of them not wanting to deal with Bitcoin businesses comes from the inevitability of them having to comply with additional legislation and restrictions on Bitcoin businesses, and chances are they won't be interested in getting involved until there are rules defined by the government. And the failure and fraud, that is a big part too.Banks don't hate Bitcoin, they merely don't wish to deal with "Bitcoin businesses." Rightly so, because history has shown that such "businesses" are rife with failure and fraud.
That is a very true view point. Banks might could see this stuff as a type of "Ponzi scheme"/"gambling token" so they could probably justify not wanting their customers to deal with it at all and would suggest them staying far away from it. Specifically since they probably don't know much about it and what Bitcoin could do to banks in general.
Bank hate Bitcoins because the Bitcoin is taking away there costumers. This way the banks cannot make money because everybody is going over to Bitcoin to use it as an investment.
yes bank will lose many customers. bitcoin take over everything. convenience and speed offered bitcoin surpass the strength of the bank. Bank hate Bitcoins because the Bitcoin is taking away there costumers. This way the banks cannot make money because everybody is going over to Bitcoin to use it as an investment.
That's true because if bitcoin will be chosen by all of the people for sure bank will doesn't have customers anymore. But still bank is playing a very important role in the economy.
They only hate bitcoin because of the potential to reduce their customers.
Bank hate Bitcoins because the Bitcoin is taking away there costumers. This way the banks cannot make money because everybody is going over to Bitcoin to use it as an investment.
maybe bank hate bitcoin because people change their money into bicoin and save in bitcoin wallet,but they dont,bank give the secure about our money and when our bitcoin wallet is hacked its the end. secure more value than the money
you are right that banks give guarantee for the security of our money but people prefer bitcoin because the fees of transacting bitcoin is much lesser and with bitcoinwe save a large amount of our hard earned money, so we can buy any other thing with that saved amount.
maybe bank hate bitcoin because people change their money into bicoin and save in bitcoin wallet,but they dont,bank give the secure about our money and when our bitcoin wallet is hacked its the end. secure more value than the money
Yup Banks hate bitcoin because bitcoin is building up a parallel economy which is anonymous in nature. Banks and governments will be furious if money is free distributed in the economy without their intervention. Money is the most powerful weapon to control people and if it is being distributed freely, the power of control will be shifted from their hands.
maybe bank hate bitcoin because people change their money into bicoin and save in bitcoin wallet,but they dont,bank give the secure about our money and when our bitcoin wallet is hacked its the end. secure more value than the money
Bank hates bitcoin, because they can see that bitcoin is really a big threat to the banking system. I don't know if all banks now knew about bitcoin.
Or only few banks know about it.
But still this is going to be a big threat to them that's why their hatred with bitcoin.
maybe bank hate bitcoin because people change their money into bicoin and save in bitcoin wallet,but they dont,bank give the secure about our money and when our bitcoin wallet is hacked its the end. secure more value than the money
Banks hate bitcoin because...
*looks at fedcoin*
They don't. They want to downplay it because it is the best, and they are secretly trying desperately to fork it xD
*looks at fedcoin*
They don't. They want to downplay it because it is the best, and they are secretly trying desperately to fork it xD
LOl it is not that banks hate bitcoins why would they hate them they dont even need to work with bitcoins the only reason thy men think they would hate bitcoins is that bticoin has a gold value and banks owns that gold.
But I do not think that banks not hate bitcoin for the reason of gold like concept of bitcoin. Gold will also increase their annual income and everything so, if they accept bitcoin also will do the same.I believe in future banks will be offering a service that you can buy bitcoin from them, like what they are currently doing with gold.
I think that banks don't really care about bitcoin, they have another questions and problems to solve at my opinion, bitcoin and banks can't be togather anyway 
they hate bitcoins because it is a threat for all the banks as people might just choose to use bitcoins instead of fiat
Correct, bitcoin is the main threat to both banks as governments
Banks want to earn on transaction, bitcoin provides a min. transaction fee at a fraction of the cost banks charge.
Governments want all financial information on their subjects, bitcoin provides anonymity.
they hate bitcoins because it is a threat for all the banks as people might just choose to use bitcoins instead of fiat
I do not know if banks hates Bitcoin. I rather think they are aware, try to understand how to benefit from it. Banks are here to generate profit, money. There is couple of examples that banks trying to incorporate not Bitcoin, but Blockchain technology and security. Banks need to work on security, they do not want to loose money right.
LOl it is not that banks hate bitcoins why would they hate them they dont even need to work with bitcoins the only reason thy men think they would hate bitcoins is that bticoin has a gold value and banks owns that gold.
Banks are hating Bitcoin because the value is going to rise more and more and it is also becoming more popular so that is nice for the currency itself.
And the transaction cost are also much lower than the banks and it happens also much faster so that is the nice thing of Bitcoin.
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