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yenxz
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May 29, 2016, 04:20:18 PM |
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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.
the reason why bank afraid on bitcoin,because they dont want bitcoin can't controlled anymore,or too late to control it,and its why goverment in my country still not accept bitcoin as payment. |
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Bitcoinpro
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Activity: 1344
Merit: 1000
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May 29, 2016, 05:02:19 PM |
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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.
the reason why bank afraid on bitcoin,because they dont want bitcoin can't controlled anymore,or too late to control it,and its why goverment in my country still not accept bitcoin as payment. your government dosnt accept Bitcoin because they are clueless who are they by the way  |
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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Nowl1935
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May 29, 2016, 05:08:35 PM |
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Because they know that bitcoin is a better system than banks,Bitcoins are probably going to drive them out of business. That's why they hate it so much.
Yeah thats true, but i think bitcoin will not drive the banks out , Here in our country you need to use banks in order to cash out your bitcoin to cash |
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romero121
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Enterapp Pre-Sale Live
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May 29, 2016, 05:47:58 PM |
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I believe banks don't hate bitcoin. There are financial service providers using bitcoin indirectly, so when years pass and Blockchain technology reaches gradually banks too will adopt backing technology of bitcoin.
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Chrismeister
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June 02, 2016, 03:11:00 PM |
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Banks hate Bitcoin because some people rather make use of Bitcoin then that they are using banks to save there money. I think that that is the only reason why banks hate Bitcoin. Maybe there are some there some other reason I do not know about.
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katrimans
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June 03, 2016, 04:50:04 PM |
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I believe banks don't hate bitcoin. There are financial service providers using bitcoin indirectly, so when years pass and Blockchain technology reaches gradually banks too will adopt backing technology of bitcoin.
I don't use any exchange because I don't want to exchange my BTC to $ . Opposite, I exchange my $ to BTC because I think Bitcoin is very good investment for the future , so I am very glad to save it in my wallet , and we can watch the progressive increasing in BTC value , for that I am holding now . and ofcourse botcoin wallets are better than banks |
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Mr.grin
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June 03, 2016, 05:53:30 PM |
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I believe banks don't hate bitcoin. There are financial service providers using bitcoin indirectly, so when years pass and Blockchain technology reaches gradually banks too will adopt backing technology of bitcoin.
That may be true. it's probably because every time they sell their bitcoin, all proceeds from the sale they do from bitcoin will lead to the bank, and it will benefit the bank |
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Blackmet
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June 03, 2016, 06:23:56 PM |
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I don't really know why, maybe banks don't hate bitcoin. It's nosens to hate bitcoin cause they have more percent of users and have enough money anyway.
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bestluck
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June 03, 2016, 06:36:31 PM |
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Because they know that bitcoin is a better system than banks,Bitcoins are probably going to drive them out of business. That's why they hate it so much.
you are right and with that people are now not saving their money in banks , but if the banks start to learn about bitcoin and adopt it for their business and start services for bitcoin then they will earn 100X then their current earnings. |
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Wendigo
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June 03, 2016, 06:46:59 PM |
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Banks are dependent on people's deposits to make money because they are using the money in the savings accounts to give out loans and profit off the interest rates. Also they are making money off the fees associated with the maintaining of debit and credit cards and the checking accounts. If people decide to ditch their bank accounts and move most of their funds to a Bitcoin wallet that will certainly endanger the bank business because they will get less cash to operate with and generate less profits in return. So I bet banks don't like Bitcoin at all.
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twinkletoes007
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June 03, 2016, 07:50:00 PM |
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Fractional banking
Insurance linted to $250k max
With exchanges all beginning to have a debit card option who needs the above? Wait until the next financial meltdown. "to big to fail" will fail! Crypto will rise!
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rorona_zoro
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June 04, 2016, 03:09:13 AM |
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bank is more safe than bitcoins
Q: Why Banks Hates Bitcoin? A: bank is more safe than bitcoins what the hell?  btw maybe because bank cant controll bitcoin but I dont think bank hate bitcoin |
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ning_chang
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June 04, 2016, 03:18:50 AM |
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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.
I think they dont hate bitcoin, Here in our country banks is the primary source of bitcoin, We cashout in the banks and we can buy bitcoin in thr banks too.But this is fot my country only, I didnt know why foreign banks hates bitcoin. If they invest it to the bitcoin. Banks would lose their chance to let us invest out money to them |
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wintermeasures
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June 04, 2016, 04:26:10 AM |
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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.
I think bank and bitcoin has its own weaknesses and strengths. With the banks you do not have to have internet instead? because I'm sure not everyone has internet access. Yes you are right bitcoin transaction is fast with low fee that's not like a bank. But for the bank's security is superior, let's say your bitcoin is hacked and you can not get a refund i think. But for banks if they hacked, your money will remain safe, right? thank you |
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phreaky
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June 04, 2016, 05:00:36 AM |
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I think this is simple, banks are just hating because it has so many advantages, its anonymous and can be made untraceable plus the fact is also that they cannot control it and that is whey they are hating on it for the most part.
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jerowacik
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Activity: 1162
Merit: 1000
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June 04, 2016, 05:23:49 AM |
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I think this is simple, banks are just hating because it has so many advantages, its anonymous and can be made untraceable plus the fact is also that they cannot control it and that is whey they are hating on it for the most part.
yes the banks will lose customers. Now users bitcoin using bitcoin to send sums of money very much. banks will be disadvantaged because they do not become part of these favorable. bank still wants to prove that they are very safe payment method. however, I think bitcoin has many advantages that simply can not be mentioned. |
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rio3233
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June 04, 2016, 05:33:33 AM |
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I think not all banks are hates bitcoin. In my country, there is no bank that hate bitcoin. Because the bitcoin itself not popular here. But when bitcoin popular here, i think banks will hate it.
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severaldetails
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June 04, 2016, 06:34:00 AM |
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I don't think that banks hate bitcoins generally.
Some of them simply have no clue how to deal with it.
Others have at least noticed the trend.
Like the fidor bank for example. They work together with a market place for bitcoins.
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jossiel
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June 04, 2016, 06:39:54 AM |
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I think not all banks are hates bitcoin. In my country, there is no bank that hate bitcoin. Because the bitcoin itself not popular here. But when bitcoin popular here, i think banks will hate it.
That's why the bank in your country doesn't hate because they don't know about it and your fellow countrymen has lack of knowledge about it. So banks doesn't have a reason to hate bitcoins because when they see the good side of bitcoin that can benefit your coutrymen. For sure, they will hate it and becomes a threat to their business. |
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ajun96
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June 04, 2016, 07:44:15 AM |
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Because they know that bitcoin is a better system than banks,Bitcoins are probably going to drive them out of business. That's why they hate it so much.
how they can refuse or hate bitcoin while they do not know anything about bitcoin? This is just speculation from someone that hates bitcoin bank whereas banks did not hate or even know what it was bitcoin. it proved that I inquire about bitcoin to the bank manager. but he did not know about bitcoin |
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