Is it possible that banking institutions will monopolize bitcoin in the future

[Nahl]

everything it's always possible especially if banking institutions collaborate with the government working together this is very possible to do so because we all know bitcoin users not controlled by governments also every bitcoin transactions not taxable by the governments and may be in the future we will see bitcoin users fully controlled by governments and banks and paying tax for every transactions

[wikenpp]

everything it's always possible especially if banking institutions collaborate with the government working together this is very possible to do so because we all know bitcoin users not controlled by governments also every bitcoin transactions not taxable by the governments and may be in the future we will see bitcoin users fully controlled by governments and banks and paying tax for every transactions

Banks have lots of funds. They are lobbying with governments round the clock and won't stop till their wish becomes a new law. It was for that reason bitcoin has seen a lot of resistance.
From both the governments as the media. Their reach is getting bigger now, with bitcoin  getting competition from the banks now. BoE is already developing it's own virtual currency based on blockchain technology.

[raphma]

i wouldnt say impossible, but almost impossible  
if banks start to use bitcoins, people would have more faith in bitcoin (i'm talking about people who doesnt know nothing about technology) and that would be good, these people would be always conected to a bank. But most of bitcoin users would still have their home wallet and/or their miner so they would never need a bank to use bitcoins.

people are skeptical with money, and unfortunately they trust banks.

[hermanhs09]

Death to the current banking system! Though, I don't think they will go out easy without saying a word. In the end they will probably try killing crypto.. and in the long run it won't work lol.

[Maesters1-]

i think that it is only possible when the state will legalize bitocin. other wise it is impossible. one thing can be done like onecoin . if the forum built the bitocins banks in different state with the permission of the state.