Pages:
Author

Topic: Why Banks Hates Bitcoin? - page 13. (Read 9285 times)

hero member
Activity: 714
Merit: 500
April 27, 2016, 06:11:05 AM
#51
Was there ever a news that said banks hate bitcoin? I'm sure banks are aware of crypto currencies, and for all we know, they might even be making studies if they could have a product similar to bitcoin. Something that's less regulated, easy to understand, and serves many purposes other than as payment.
newbie
Activity: 25
Merit: 0
April 27, 2016, 04:35:46 AM
#50
false banks trade with bitcoin. Cool
legendary
Activity: 1946
Merit: 1137
April 27, 2016, 03:29:32 AM
#49
Why banks hate bitcoin... And why we no longer need them...

What banks can do better than bitcoin. If bitcoin also have almost all features of banks.  Only must have an internet and you can use bitcoin already.

And bitcoin has faster transactions than the bank and more secure I guess.

banks hate bitcoin but we still need bands!

banks hate bitcoin because bitcoin is threatening their existence, when people use bitcoin they are not going to need banks for their money transfer and holding money so they will lose a lot of revenue to earn money.

but banks are useful still for example for some place to put your fiat and they keep it secure while paying you an annual profit on your deposit. also they are useful for loans that we are all using one way or another.
legendary
Activity: 2940
Merit: 1083
April 27, 2016, 03:27:44 AM
#48
Do you have any proof or statement that they said they hate bitcoins?? They didn't
Some bank are already adapting bitcoin and blockchain technology. Maybe some of the banks too will do that. Banks will make/think another way in order to keep them in business and get their profit.

Agree. There is one bank that I know that is connected with a bitcoin wallet website. That way people could easily withdraw their bitcoin through fiat. I think that is a big step there. They are considering the possibility of absorbing it.
full member
Activity: 224
Merit: 100
April 27, 2016, 03:22:16 AM
#47
Do you have any proof or statement that they said they hate bitcoins?? They didn't
Some bank are already adapting bitcoin and blockchain technology. Maybe some of the banks too will do that. Banks will make/think another way in order to keep them in business and get their profit.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
April 27, 2016, 03:13:26 AM
#46
I am sure behind the scenes banksters are completely whalish on bitcoin and are amassing by their thousands but maybe we don't know about it. I can't believe they wouldn't secretly invest in it as a hedge but that i just my guess. Only openly they don't want to declare they like bitcoin because they represent fiat currencies and governments.
legendary
Activity: 1414
Merit: 1002
= jasad =
April 27, 2016, 03:02:07 AM
#45
Why banks hate bitcoin... And why we no longer need them...

What banks can do better than bitcoin. If bitcoin also have almost all features of banks.  Only must have an internet and you can use bitcoin already.

And bitcoin has faster transactions than the bank and more secure I guess.
No,they not hate bitcoin,they just afraid with bitcoin,they worry if bitcoin will take over ther consumer for more like use bitcoin than use bank account. but nowdays bank are not too worry about it,they start learn about blockchain technology. perhaps they try to applicate bitcoin technology to banks,i think impossible.
hero member
Activity: 504
Merit: 500
April 27, 2016, 02:44:05 AM
#44
I don't think that banks really hate bitcoin, I think bitcoin is better than banks as you are in full control of your money if you know how to correctly protect them, but regarding the blockchain technology in the near term we should see some big banks starting to copy it or to implement it. However if you don't know or are not sure that your bitcoins are safe, stick with a bank then. Better safety for now.
perhaps for that reason the banks and the government is rather sensitive to the news da excellence bitcoin. so they are a bit annoyed with bitcoin but I do not think that is a threat to the bank bitocin
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
April 27, 2016, 02:27:38 AM
#43
well bitcoin pose a competition to them in the distant future, bitcoin is sucking fiat value right now, if int he future the price skyrocket to a unbelievable level, it may pose a high threat to them, that's why they want to hinder it before

we are in the "then they fight you" phase now, so prepare for the victory because it will happen soon enough
Bitcoin is always a thread for the banking system so banks oppose bitcoin, as quoted above bitcoin is reaching higher and higher positions as days pass and when widespread people will be more aware of it and there comes a chance for people to shift from banks to bitcoin.
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
April 27, 2016, 02:14:16 AM
#42
I don't think that banks really hate bitcoin, I think bitcoin is better than banks as you are in full control of your money if you know how to correctly protect them, but regarding the blockchain technology in the near term we should see some big banks starting to copy it or to implement it. However if you don't know or are not sure that your bitcoins are safe, stick with a bank then. Better safety for now.

Yeah i really agree i dont think bankers hate bitcoin becuase overall bank have different ways and side to earn. Physically and online and i dont think they bother to keep an. Eye to bitcoin. And if happen bitcoin  is there and controlled by bankers i think the price of it will Be controlled and fixed, but for now i dont see the point bank hates bitcoin.
legendary
Activity: 3248
Merit: 1070
April 27, 2016, 01:51:41 AM
#41
well bitcoin pose a competition to them in the distant future, bitcoin is sucking fiat value right now, if int he future the price skyrocket to a unbelievable level, it may pose a high threat to them, that's why they want to hinder it before

we are in the "then they fight you" phase now, so prepare for the victory because it will happen soon enough
copper member
Activity: 1442
Merit: 529
April 27, 2016, 01:32:14 AM
#40
I don't think that banks really hate bitcoin, I think bitcoin is better than banks as you are in full control of your money if you know how to correctly protect them, but regarding the blockchain technology in the near term we should see some big banks starting to copy it or to implement it. However if you don't know or are not sure that your bitcoins are safe, stick with a bank then. Better safety for now.
member
Activity: 112
Merit: 10
April 27, 2016, 12:06:37 AM
#39
I don't think bank hates bitcoin, who said you, because if you see that bank is doing to safe our amount, so bitcoin is also just like money, but it is a different that bitcoin is a online money. otherwise you should safe bitcoin, xapo is best wallet, you should create a wallet in your mobile and use the hard password.   
sr. member
Activity: 348
Merit: 250
April 27, 2016, 12:00:22 AM
#38
Why does everyone think Bitcoin is a bank? Are dollars banks too? Before I came to this forum I used to think banks were places where you go to get a car or a home loan. I've searched all over the current Bitcoin client and haven't found the loan application tab.

you have a good point there, but sooner in the furture it is possible that more companies are paying their employees with bitcoin and because of that more companies will accept loaning with bitcoins.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
April 26, 2016, 11:26:11 PM
#37
Why does everyone think Bitcoin is a bank? Are dollars banks too? Before I came to this forum I used to think banks were places where you go to get a car or a home loan. I've searched all over the current Bitcoin client and haven't found the loan application tab.
sr. member
Activity: 348
Merit: 250
April 26, 2016, 11:17:25 PM
#36
bitcoin has no central authority and it is  the future of monetary system . imo banks are afraid and hate bitcoin because bitcoin  getting more popularity and banks will be left for a few  people in the future.

hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
April 26, 2016, 10:39:12 PM
#35
Why banks hate bitcoin... And why we no longer need them...

What banks can do better than bitcoin. If bitcoin also have almost all features of banks.  Only must have an internet and you can use bitcoin already.

And bitcoin has faster transactions than the bank and more secure I guess.
Every business hates the competitor and bitcoin is not only competitor to Banks but it has the capabilities to completely wipe out banking system from financial sector.
That said,I strongly feel that bitcoin and bank can co-exist without any problem

Because bitcoin is there competitor and if the time happens all people use bitcoin and do wallet to wallet transaction  i can say half of earnings of bank might dissapear and thats a big effect on banking industry and if that case happen i think government will take over to solve the problem on bitcoin. And i dont really see in real life that banks hate bitcoins maybe they dont bother to look at it because bitcoin has no affect on stocks market for its existance.
legendary
Activity: 1162
Merit: 1000
April 26, 2016, 10:21:24 PM
#34
because indirectly bitcoin will kill the bank. slowly banks will start to disappear and be replaced by bitcoin. bitcoin provides convenience and generosity that exceed the bank. bitcoin better than banks.
legendary
Activity: 1862
Merit: 1046
April 26, 2016, 10:06:56 PM
#33
Do you have a source. whether bank really hate bitcoin?

if it is true, in my opinion because bitcoin will be superior than bank.
hero member
Activity: 854
Merit: 500
April 26, 2016, 09:47:02 PM
#32
Bitcoin is just better and banks want to compete it but they can't do it cause of goverment and other bank politics.  A lot of people even hate other people when they worse.
Pages:
Jump to: