Will the Banking Industry kill Bitcoin and keep the Blockchain?

[Rizky Aditya]

i dont think there is anyway that banks could be sued or blamed for using a bitcoin type block chain, but even if that does cause bitcoin to die down, other coins will just take the lead with innovations

I would think that you could sue banks if they copy your idea (in this case, blockchain). But really, "invest in blockchain", the banks aren't going to do this. Bitcoin will not die down because of this. If this does happen, some altcoin will just take over.

I think it's inevitable that the banks will use their own private blockchains but it wont kill bitcoin. Bitcoin is meant to exist outside of the banks and central authorities so it will continue to operate independently as we will always need a decentralized currency to avoid censorship and manipulation by central banks. Bitcoin's potential is far greater than whether banks use it.

Bitcoin was made to be a currency that you can use instead of fiat. Banks will try kill Bitcoin, but they won't succeed.

[1714755206]

1714755206

[1714755206]

1714755206

[1714755206]

1714755206

[1714755206]

1714755206

[1714755206]

1714755206

[arthurminton]

there is a good possibility that banks might go after the transaction fees that blockchain and other wallets make by introducing a wallet of its own(of the bank) and claiming to be much more secure and providing services which do not accept bitcoins now, there is a strong possibility for this to happen but completely going after bitcoin for extinction of bitcoin won't be helpful in any sense to the banks as these banks are too big if compared to bitcoin

[ClashBit]

I don't think so. But I do think that banks are not happy with BTC imo but they do love the tech behind it.

[Jeremycoin]

I think no, Bitcoin would still survive as long as Blockchain. There is no Blockchain without Bitcoin, and there is no Bitcoin without Blockchain.

[LFC_Bitcoin]

A banking blockchain would be completely separate to bitcoin & the bitcoin blockchain.

Theirs would most likely be a load of shit & banking fees make their blockchain a pointless waste of time, it can't compete with bitcoin & it's blockchain.

[traderbit]

Bitcoin is freedom and has the power to kill a bit the bank systems but not completely.
This is the same as mail vs e-mail, time by time bitcoin will evolve.

[Denker]

Bitcoin is freedom and has the power to kill a bit the bank systems but not completely.
This is the same as mail vs e-mail, time by time bitcoin will evolve.

Bitcoin just has to survive!The banks are killing themselves with their f***ing schemes.
It's just a matter of time until we will see the next crisis!And this time it will be bigger than 2008.
Stock-, real estate- and bond markets will burst!!

[DieJohnny]

Bitcoin is a once in a lifetime opportunity but it will get capped in value by governments eventually, it will always exist but will be relegated to the dark web and libertarians only. Bitcoin will have to remove all anonymity in order to survive and I don't think that will happen.

[MaritiJames3]

Let's hope they will not.
Banks are very powerfull and rich. If bitcoin was their product, it would be the world wide standard a few years ago.

If they develop their our bitcoin, then we can be screwed.

[defaultking]

Banks will have to eventually adopt or create their own digital currency eventually. As it stands bitcoin is their main competitor and could bankrupt them as a company if they don't evolve somehow. Creative destruction. Banks getting involved into the digital currency field wouldn't necessarily be a bad thing either. It would help with the adoption of a digital currency for the mass public and just because they create one doesn't mean bitcoin will become obsolete.

There creation could backfire. It could help introduce people to digital currency and if they create a inferior product, could help drive people to use bitcoin instead. It could always go the other way though who knows 

[CreativeCarol]

Not too many are interested in Bitcoin only because they don't know of it. That in mind is what will not be our downfall though.

[bhokor]

They cant, it is too late, the only thing they can do is  use their lobbyes to try make legal enviroment hard to cryptocoins, but always will be ways to avoid it