What would happen if the banks take control of Bitcoin?

[marjon]

I don't think if just had a typo error " If BTC goes down, the ALT goes down". As some altcoins are not affected by the trend of Bitcoin price in the markets. They don't fully relied on Bitcoin. Perhaps, they develop unique and innovative features to overcome possible prolonged of price in markets. Nevertheless, some altcoins nominated to be centralized and can be controlled by the banks but can never be done the same with Bitcoins.

[HG_Lincs]

How could bank or any other financial institution possibly control bitcoin? This makes no sense, as well as this question.
They can't control the system taht is independent and decentralized. Maybe you are mixiing that with the fact that some banks are expermenting with bitcoin and trying ti use it for their benefit. But this is not the same as controling it.

Exactly.
If anyone knows just the Slightest bit about Crypto Currency, they will realize that the WHOLE DESIGN is based off being decentralized.
Asking that question of "What if" isn't even a logical question.
There is NO "what if".
It won't happen. It can't happen. Like. The word "Impossible", does not even begin to describe it.

[Ksenia Goloveshko]

rapid development bitkoyna - a clear confirmation that in a natural environment without restrictions, the financial industry can develop much faster. But banks always limit freedom. And if they take control bitches under their control, this will lead to the fall of bitcoin itself, and I would not be surprised that there will be a large percentage money by the bank...

[criz2fer]

If BTC goes up, the ALTS goes down. If BTC goes down, the ALTS goes down. What would happen if they control most of BTC?
 Thanks you!

It will not be very good think, if banks will control bitcoin they will fall into banking regulations, and there will be a lot of linked difficulties. Today I don't thin that it is realistic.

There will be no more decentralization if banks takeover cryptocurrency specially bitcoin. It is against the white paper of satoshi nakamoto.
 

until now I have not seen anyone can control the bitcoin including the bank.From terms of price it depends from the power of buyers and sellers to form a price, I think the bank can not do anything against bitcoin.

Because they are afraid to lose these money with whales that can make the price pump and dump. Unlike in bank, they can control every money circulating in the bank.