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Title: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: tarber0 on June 01, 2018, 07:55:00 AM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.
another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Guvn0r on June 01, 2018, 03:06:03 PM "The Internet? Bah!
Hype alert: Why cyberspace isn’t, and will never be, nirvana After two decades online, I’m perplexed. It’s not that I haven’t had a gas of a good time on the Internet. I’ve met great people and even caught a hacker or two. But today, I’m uneasy about this most trendy and oversold community. Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic.Baloney. Do our computer pundits lack all common sense? The truth in no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works." WHY THE WEB WON'T BE NIRVANA (http://www.newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306) - BY CLIFFORD STOLL ON 2/26/95 AT 7:00 PM Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Queen12 on June 01, 2018, 03:07:28 PM But if the lightning network improves bitcoin's lack of money,
So it is quite possible that bitcoin will revolutionize the banking industry in the future, so I am more optimistic about the future of bitcoin. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: tarber0 on June 01, 2018, 05:05:10 PM But if the lightning network improves bitcoin's lack of money, So it is quite possible that bitcoin will revolutionize the banking industry in the future, so I am more optimistic about the future of bitcoin. thanks, but banks control governments, and governments make cruel rules. the banking industry will lose its power to print paper ang call it money, or buy real money (e.g gold/bitcoin) with those papers. so their whole power to bring money out of thin air will be at risk if crypto is mainstream Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: butka on June 01, 2018, 05:43:44 PM THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. If they can help it, the bankers and corporations won't allow the bitcoin mass adoption. The question is whether or not they can stop the wheel from turning now. And yes, they will fight it with every resource they have at their disposal. Maybe it won't be a bloodshed, but it will be a good fight, that's for sure. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. It's too early for that. I think such writings will follow, once mainstream adoption has become certain. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: hodlftw on June 01, 2018, 06:14:11 PM Dude what you fail to understand is that they don't have a choice in the matter. The only choice they get is if they want to be apart of the revolution or sit idly by on the side and not get a piece of the action. We all know what they want in the end (money) so suffice to say Bitcoin will be successful because of that and not in spite of it.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: cosmoo on June 01, 2018, 06:18:40 PM Bitcoin already was a mainstream last autumn. For now, people forgot about Bitcoin, just because it isn't growing. For now it's more stable.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Marlo Stanfield on June 01, 2018, 06:21:57 PM I don't think it will be like that at all personally. As Bitcoin itself begins to become more common and integrate itself into the global economy, there will be money to be made providing financial services for Bitcoin. Clearly the average person is not remotely close to being able to secure their own BTC or other similar assets. And why wouldn't banks, who have existed forever, continue to provide protection for people? It's what they do. No reason why they won't be ready to make a ton of money doing what they do in my opinion.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: ss890 on June 01, 2018, 06:22:27 PM I think no one is scared about the bitcoin and its revolution. I do believe that crypto currency is not revolutionized yet as there is no real world applications of the bitcoin itself. Its a currency or not is the biggest debate thats going on right now.
Also big giants will always accept bitcoin if they see there is whole new possibility of bitcoin usage in swift way. They currently do have best and stable option of all time and thats fiat currency itself. Bitcoin is in our heads right now because we are using it on daily basis but not the whole world knows about it. Its just scratch on the earth right now, so i think speaking about its mainstream entrance and all is not very big stuff right now. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: mikki14 on June 01, 2018, 06:35:20 PM Some banks have some issues regarding bitcoin while some supports it. We cannot generalized banks. In our country, there is a bank behind an app for bitcoin exchange. They acknowledged and saw the potential in bitcoin.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: dothebeats on June 01, 2018, 08:52:09 PM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. It's true that bankers have a lot of power in terms of control and whatnot. Ever since banks were established, they literally just limped the helpless and trashed the needy by making some policies which destroys the average man's financial state while they still rake in profits. Although I want bitcoin to take over the global financial system and replace fiat completely, it simply isn't going to happen, but it still can exist side by side with other established currencies. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. People will always think about fiat as the end result of their crypto investments/profits since it is the only currency that is globally accepted, and the fact that you cannot use bitcoin for basic day-to-day transactions like buying groceries, paying for gas etc. If bitcoin can be widely used, I somehow think volatility will come down and people will keep their bitcoins as is. -- In the grander scheme of things, bitcoin might seem too little to make a dent in the global financial system, but at least it's making some innovations on technology and helping people understand that they don't need to rely on banks to handle and safeguard their money. It (bitcoin) is making a change, albeit slowly yet steady for most people who knows it and use it. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: lionheart78 on June 01, 2018, 08:57:47 PM Bitcoin already was a mainstream last autumn. For now, people forgot about Bitcoin, just because it isn't growing. For now it's more stable. Still the main stream. Cryptocurrency in general is the mainstream and till now, though bitcoin has gone down so low, still the crypto king. Until now no other coins have surpassed the fame of bitcoin and i dont think there will ever be.Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: cryptohipo on June 02, 2018, 09:05:58 PM I think at this time it is very hard to become bitcoin as a mainstream. It is just because the governments will not allow it. As they don’t get any tax from it and they don’t get benefited. But I hope in coming future bitcoin will become the mainstream and no one will be able to stop it.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: jhon_21 on June 02, 2018, 10:07:15 PM May be its wont gonna happen based on technological developments day by day it will be mainstream because everyone want to live their life easily so btc makes this facilities and this may applied in various sectors so banker or organization might not be affect on it based on its facilities.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: bad_apple on June 03, 2018, 12:22:46 AM I think as of now, Bitcoin can never be mainstream, and yes it is because of the bankers and corporations (as one of the major contributors in the price of Bitcoin). These factors can "manipulate" the ups and downs of the market due to the "privileges" they have.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: TommyJr on June 03, 2018, 08:28:20 AM you are quite right but the main fact is that bank can be regulated by government but bitcoin not.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: charlotte04 on June 03, 2018, 08:30:14 AM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. Someday, banks and corporation will have a huge deal inside the crypto currency community and would bring us a lot of investors. We should be glad if they accepted it. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Vanja on June 03, 2018, 08:35:31 AM The Roman empire did not stop Christianity, but accepted it as its main religion and tweaked to emperor’s needs.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Kakmakr on June 03, 2018, 08:41:26 AM You know, every technology gets resistance and even credit cards went through the same thing with governments. Credit card use didn't really take off until 1978, when a Supreme Court ruling allowed nationally chartered banks the ability to charge out-of-state customers the interest rate set in the bank's home state.
People were used to cash and they resisted the technology when it was first introduced. Bitcoin is going through the exact thing now, but the only difference is that Bitcoin is a community/public driven thing and it is not backed by large Banks. We will have to fight the small battles day-by-day, until we win the War. :) Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: CryptoSifus on June 03, 2018, 08:47:07 AM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. The beautiful thing about crypto is it makes the banks and governments of the world irrelevant. They will either wither and die or innovate and participate. This is a global revolution and will be won without a single shot being fired. The worlds financial cartels are grasping at straws to try and control us. The only thing they will have once they no longer control the money supply is a greatly reduced threat of force. After all who will fight and die, kill their brothers and sisters for a bankrupt state that no longer has the ability to support them financially. Bitcoin is the perfect storm and it's coming for the banksters and their corrupt government lackeys. They will all be a distant memory soon and only remembered for their participation in one of the most tyrannical periods of human history. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Washball on June 03, 2018, 08:59:48 AM It will be hard for bitcoin to become a mainstream currency, indeed because financial institutions won't let that happen. They will use blockchain, but they'd rather create their own cryptocurrency than have bitcoin as mainstream currency.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Lorna111 on June 03, 2018, 09:00:51 AM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. The beautiful thing about crypto is it makes the banks and governments of the world irrelevant. They will either wither and die or innovate and participate. This is a global revolution and will be won without a single shot being fired. The worlds financial cartels are grasping at straws to try and control us. The only thing they have since once they no longer control the money supply will be a greatly reduced threat of force. Bitcoin is battling the issue on Regulation with financial institution by the government, Bankers and financial community was looking into the Regulation on Bitcoin transaction, there are some government or countries opening the window on Bitcoin currency digital transaction in the market trading, yet, it would take time and a lot more technical issues to be resolve on this. Once, acceptance on the said issue Regulation by the government is address by this bankers and financial institution, we can see a more favorable atmosphere for Bitcoin transaction. After all who will fight and die, kill their brothers and sisters for a bankrupt state that no longer has the ability to support them financially. Bitcoin is the perfect storm and it's coming for the banksters and their corrupt government lackeys. They will all be a distant memory soon and only remembered for their participation in one of the most tyrannical periods of human history. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Marlo Stanfield on June 03, 2018, 09:10:29 AM It will be hard for bitcoin to become a mainstream currency, indeed because financial institutions won't let that happen. They will use blockchain, but they'd rather create their own cryptocurrency than have bitcoin as mainstream currency. In what ways do you mean that they will 'use blockchain'? Or at least, what advantages will that have over using the Bitcoin blockchain itself? At least for some sort of tokenization or data timestamp type usage? Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: brickafterbrickwalldpt on June 03, 2018, 09:15:43 AM Banksters and corporations are definitely slowing down the process of Bitcoin becoming mainstream. Bitcoin and cryptocurrencies can basically replace banks which only purpose is to store our money and give us a small interest for lending them our money. However, it doesn't mean that Bitcoin will never become mainstream. Cryptocurrencies are decentralised and there is no way to stop them. Even if they were illegal, people could still trade F2F. People need to understand why the should start using cryptocurrencies, they only listen to what they are told in the news.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: sandialoveth on June 03, 2018, 02:41:38 PM Most of the people are concern about crypto currency because it’s easy to use and easy to exchange where it will be mainstream in future because of its facilities some company can deny this facilities or may not give support but if we understand the percentage of user then it may be mainstream in future.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: petloer on June 04, 2018, 08:29:54 AM Bitcoin's nature is very fluctuative. Sometimes its price goes very high and sometimes it turns out very lowand then it rise up again. Besides, everyday it is developing. So, for this probably bitcoin can never be mainstream.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: johnethearn on June 04, 2018, 01:41:51 PM Yes, you are partially riht. The banks are afraid that someday people may choose Cryptos over them. But, there is also a probability that the banks and all the governments will understand the need of cryptos and finally will accept cryptos.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: DwaneJacky on June 04, 2018, 06:27:46 PM Of course it will be a mainstream, just need some time.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: elncrow on June 05, 2018, 01:50:20 PM I don't think that it is totally impossible. But it will be very tough to do so if bankers and corporation take their position against crypto. But if people start accepting it then I dont think bankers or corporations can do much.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: coin_maker on June 05, 2018, 02:21:59 PM I can’t agree with this argument. Because already bitcoins are popular among many peoples. They invest on this market because they feel this markets future will be great. But it’s true some countries and banks are banned bitcoin but i don’t think so this factor affect whole bitcoin project.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: robertcross07 on June 05, 2018, 04:46:54 PM Yes bankers and are rudely against bitcoin. But it has no authority but it moves upon the acceptance of people. So I think the effort will become less strong at a time and there is a chance of being mainstream currency of bitcoin then.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: CottonGuy on June 05, 2018, 05:04:17 PM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. Bitcoin could possibly go mainstream but not as a currency but as an investment vehicle or a store of value. Bitcoin was made to correct the flaws of centralization. There are lots of human errors happening in our banking system specially fraud when it comes to transactions due to lack of security and incompetence of the people running the system. For me bitcoin will never be a currency that will be used for our everyday transactions since people has already put a title on bitcoin as a store of value just like gold. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: magneto on June 05, 2018, 07:47:49 PM Every single thing that has the potential to really go mainstream and make a change will face criticism and skepticism at the beginning. Just like the article that you quoted in your OP. People really thought that the internet was just a fad and will pass.
What I see from bitcoin right now is that it's still very early on its its adoption phase. We are no where near mass adoption currently, but in the long run I can only see the adoption curve going up drastically. Even if restrictive regulations are in place, I really don't doubt bitcoin's ability to co-exist if not being integrated into day-to-day commercial activities, and that includes banks and all corporations. It takes time, though. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: HelenS on June 05, 2018, 08:08:06 PM ... will not allow it to invade the world? But they'll have no chance.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: b3llsf1l3s on June 05, 2018, 09:16:08 PM I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely. another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial. There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume. PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english. Agreed, i also thinks that bankers and corporations didn't know anything what bitcoin and blockchain principal. Cryptocurrency means decentralized right ? Now look bitcoin and altcoin, after that bankers and corps want to hold'em all with a security reason. So where did decentralized go ? Too much policy and regulation but the essence of bitcoins a re gone Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Sampson7 on June 05, 2018, 09:45:18 PM Buddy what you neglect to comprehend is that they don't have a decision in the issue. The main decision they get is whether they need to be separated of the insurgency or sit inactively by as an afterthought and not get a slice of the profits. We as a whole comprehend what they need at last (cash) so get the job done to state Bitcoin will be fruitful therefore and not disregarding it.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Colt22 on June 05, 2018, 09:48:27 PM These are only the thoughts of the time when as I am sure that in the future people will consider bitcoin as the most beneficial for them and they will like to use it for the banks and for the corporations. There are a number of banks which are already working on the adoption of bitcoin and many corporations have adopted it and it is only the initial stage of bitcoin and when the future comes then we will see bitcoin as the mainstream.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: elygil2022 on June 06, 2018, 08:37:17 AM Not even the biggest banks and corporations can stop the bitcoin juggernaut. Bitcoin will become mainstream. Period. It’s just a matter of when not how. Companies are all about profit. Either these companies join the cryptocurrency bandwagon or get left behind.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: bettm on June 06, 2018, 10:05:16 AM But if the lightning network improves bitcoin's lack of money, If it is only because of the Lightning Network, it only solves part of the problem, that is, the speed and cost of the transaction. However, the price of the fluctuating Bitcoin will be even more influential, and the time of the transaction will continue to change. And the margin is not low, it may reach hundreds of dollars.So it is quite possible that bitcoin will revolutionize the banking industry in the future, so I am more optimistic about the future of bitcoin. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: bryancowart69 on June 07, 2018, 04:21:09 AM Till now bitcoin face many obstacles.If the governments legalized bitcoin and forced bankers and corporations then is quite possible that bitcoin will revolutionize the banking industry in the future.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: jshealth on June 07, 2018, 05:51:39 AM It all depends on leadership of top deciding countries and business interests. If big businesses see economic benefits, then the business pressure groups can make it happen.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: addeqt on June 07, 2018, 05:58:28 AM I think all opinion is allowed here in the forum. But to gain credibility and turn their head to your opinion, I think you need to include the link that discusses such details. I could agree that the banks are hesitant to embrace the crypto because they will be the first one that could be affected by the revolution you are talking about. However, even though they oppose it if there is a strong willingness of the community. The bank will follow its customers.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: jasonhart on June 08, 2018, 04:40:06 AM We all have studied bitcoin economics deeply. Banks control governments, and governments make cruel rules for the cryptocurrency market. They make huge taxes for a little investors. We all know that cryptocurrencry aren’t in rule or regulations chain. We all are using bitcoin on our daily life basis.Still now Bitcoin is the mainstream of all the blockchain and also from banks and government.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: hatshepsut93 on June 08, 2018, 05:10:40 AM It's really hard to predict the future of technology, 70 years ago people were imagining flying cars and robots, but instead we have smartphones and the Internet. Every emerging technology has its own optimists who thing it will be globally adopted by almost everyone and pessimists who think that it will fail, but often times the truth can be somewhere in the middle. I personally think that Bitcoin will have varying success, it will be used more in certain countries and by certain groups of people, and less by the others. It won't replace fiat in our lifetime, but it's also not that likely to fail, because it's really working, it's useful and it was meant to be resistant to attacks, and it's resistance has already been tested in some cases.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Catch-22 on June 08, 2018, 06:52:20 PM Good luck to them banks and corporations! No harm in trying to stop something that is bound to happen sooner or later. :)
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Dudeperfect on June 09, 2018, 05:19:45 PM Look, we are still the initial phase of development and hence we don't have that much utility value that will allow us to make decisions based on the outcomes. It's not just about the technological advancement but we are struggling with the philosophy of centralization. Thus, centralized authorities like banks and governments would never support us (with few exceptions to it) but that doesn't mean Bitcoin or crypto industry will never grow. In fact, we have seen exponential growth since inception and I don't see any reason for this growth to stop anywhere in the next decade.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: triciaa478 on June 09, 2018, 05:30:35 PM Bitcoins anonymous and freedom it gives to its users are the main reason it won't go to mainstream. Bankers and government won't let it be in order to bring down government and banks monetary policies.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Argoo on June 09, 2018, 06:11:11 PM Bankers and corporations already have little opportunity to resist the introduction of crypto currency into our lives. States are forced to recognize the crypto currency in their territory and take certain measures to legalize it under the pressure of their citizens, who are actively defending their rights to engage in crypto-currency activities. When legalization is basically completed, banks will have to accept the existence of crypto currency and will themselves provide various services in the crypto currency.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: andohyeb on June 09, 2018, 06:54:33 PM Bankers and corporations have no effect on bitcoins going mainstream. Since the last years of bitcoin existence. It has experience a lot of opposition from bankers yet today more people know of bitcoins than any other cryptocurrency or online currency.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: G_Besar on June 09, 2018, 07:24:09 PM indeed, until now saw Bankers and companies already have a chance to receive crypto currency but what has happened many of them deny their existence and many countries have been given the opportunity to accept existence but all very difficult many of the reasons they spend to receive krypto money and this is something wrong for me but hope if they will soon legalize bitcoin.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Daniel91 on June 09, 2018, 07:31:50 PM It's very simple really.
In the real world, we know who is behind any currency, who is buyer and seller in each transaction, who is responsible for regulation, and if any conflict happen, which court is responsible. So, do you really believe that some serious businessman will risk let's say 1 million $ or more, invest it in bitcoin and if someone cheat him, he can't do nothing about it? No way! There is no responsible bank or financial institution behind bitcoin, no regulation, no legal protection, nothing. So, it's obvious why bankers and corporations will never accept bitcoin. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Neconic on June 21, 2018, 12:57:06 PM It is my belive that Cryptocurrency and Bitcoin will become a mainstream currency but it will take some time. There is endless potential in Bitcoin. After solving some issues in their usage, we will be able to use Bitcoin in the mainstream.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Marlo Stanfield on June 21, 2018, 01:44:00 PM Also it almost goes without saying that bankers and people in the business of making money off of financial transactions will welcome new ways for them to make money. That's one thing I never understood about everyone thinking and saying that Bitcoin is somehow opposed to banks and such. When in reality it's almost a dream for them since it's quite difficult for the average person to manage and providing safe storage and financial advice is exactly what business the banks are in. So no reason to think why they won't welcome new ways to make money with open arms in my opinion.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Nilda on June 21, 2018, 06:29:20 PM Bankers and corporations will have no choice but to embrace bitcoin. They’re just delaying the inevitable. Not even with the help of negative articles on bitcoin by their friends in mainstream media. Cryptocurrency will become mainstream. As mainstream as their friends in the media. :D
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: shaadsufi on June 24, 2018, 09:31:54 PM Bitcoin was thought to be a failed attempt to overtake banks when it was valued at a few dollars in 2009. But the fact that the money could be transferred anywhere around the world without going through any banks and this too in the safest way possible where the transaction record is untampered.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: hhussain on July 01, 2018, 10:58:13 PM It's not debate on this topic, bitcoin is already in the mainstream culture, one unit of its currency is valued at more than 6500 usd as of today and is the sixth most used currency in the world, it is mainstream culture already which is one the verge of international penetration.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: tanjilrifat on August 29, 2018, 06:17:59 AM I could agree that the banks are hesitant to embrace the crypto because they will be the first one that could be affected by the revolution you are talking about. It's not just about the technological advancement.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: CrucialTechnology57 on September 01, 2018, 12:10:45 PM This article is based on present situation but if we think of the future then we can easily predict that bitcoin obviously become mainstream.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: pawanjain on September 01, 2018, 01:26:39 PM Even if Bitcoin or cryptocurrency in general doesn't go mainstream, it still will be implemented in few industries/platforms . Cryptocurrency trading will never stop because cryptocurrencies are a great way for a government to tax the people, track the black money etc... If cryptocurrencies are banned the governments will never be able to track any black money in the market. So I believe both the fiat and crypto will walk side by side in the future.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: Robbio on September 04, 2018, 09:31:34 AM Bitcoin does not need to be the mainstream payment coin. Its value is greater than the coins paid. Bitcoin will only be more expensive.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: zhanyiguai261315 on September 04, 2018, 11:57:49 AM The US Central Bank's Federal Reserve Bank of St. Louis publicly supports BTC, recognizing BTC as a legitimate currency! This shows that BTC will soon enter the US market, BTC will become the mainstream cryptocurrency!
BTC is a good complement to the existing monetary system! Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: MadaraAvenger on September 04, 2018, 12:03:51 PM True and not true. Bitcoin is already in the mainstream but you're right I think bankers don't let bitcoin to get in full power because some are still afraid of this new system and I think bitcoin can bring down a lot of big comapanies and maybe even banks and this makes bankers to fear bitcoin.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: InformerKin on September 04, 2018, 12:04:21 PM The thing is that the more pople hold Bitcoin and other cryptocurrencies the less those bankers and corporations can do. They have no governance over the blockchain. The more decentralised we will make it the bigger problem they will have.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: BrewMaster on September 04, 2018, 12:13:51 PM bitcoin is already moving towards becoming mainstream. the revolution is not something that you can ever stop no matter who you are. whether you are the government or the banking system or any other powerful organization. you can never go against a revolution and stop it. it will crush you under its hooves. the only thing they can do is to slow it down but eventually it will happen.
bitcoin being a global currency is a global revolution and those countries that have embraced it and adopted it in their mainstream are already 100 steps ahead. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: ChristinBenly on September 29, 2018, 09:44:03 AM It is not just about technological progress that we are struggling with centralized philosophy. In fact, we have seen exponential growth since the establishment and I do not see any reason for this growth to stop anywhere in the next decade. Banks and the government will not let it be to bring down the monetary policy of the government and the bank. Countries are forced to recognize electronic money in their territory and take some legalization measures under the pressure of citizens who actively protect their right to participate in electronic money activities. Banks and companies have no effect on the dominant bitcoin. It experienced a lot of opposition from the banks but today more people know bitcoin than any electronic money or other online currency.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: delphic on September 30, 2018, 07:02:07 PM Yes, you are right, the war will be tough and heavy. No one is going to concede. On the other hand, I see no reason to unleash a conflict. Both are necessary in their own way. Maybe it will come to some compromise? Maybe the peaceful existence of both sides is possible?
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: salimRonn123 on October 04, 2018, 10:43:31 AM When legalization is basically complete, banks will have to accept the existence of electronic money and will offer themselves differentiated services electronically. It experienced a lot of opposition from the banks but today more people know bitcoin than any electronic money or other online currency.
Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: vv181 on October 04, 2018, 11:03:12 AM It is because the majority of us still enslaved by the banking matrix. Actually, decentralized cryptocurrencies are the gateway to exit the banking matrix but the awareness is still missing.
However, I believe the Bitcoin will be mainstream in the future but it still needs a revolution. We can't expect it in the short amount in time but slowly but surely it will reach the destination. Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: nazaididuan1 on October 04, 2018, 11:54:21 AM BTC has become the sixth largest currency in the world! Become a mainstream currency soon!
The future of BTC will have a very broad space for development! Banks and a company will accept BTC's payment method! Title: Re: Bitcoin can never be be mainstream, because bankers and corporations.... Post by: tanxpresisit514 on October 05, 2018, 02:28:54 AM True and not true. Bitcoin is already in the mainstream but you're right I think bankers don't let bitcoin to get in full power because some are still afraid of this new system and I think bitcoin can bring down a lot of big comapanies and maybe even banks and this makes bankers to fear bitcoin. Bitcoin has become a mainstream cryptocurrency for several countries including America, because of the recognition from banks that bitcoin is a digital currency. This recognition changes the perspective of society and companies about bitcoin |