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Author Topic: All these banks are now useing bitcoin  (Read 2614 times)
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September 06, 2016, 06:09:22 AM
 #1

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry
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September 06, 2016, 06:29:48 AM
 #2

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry

Too bad and i strongly dislike about that because bitcoin is a freedom for me and with a bank is wanna adopt bitcoin and that is same means the bank will starting making any intervention with bitcoin and i don't like about that.

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September 06, 2016, 06:32:14 AM
 #3

i doubt if bank will accept bitcoin as one of they payment. because bitcoin is decentralize and no one will give the responsibility if bitcoin is down or get hack.

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September 06, 2016, 06:51:14 AM
 #4

so far they are only interested in the blockchain technology, and i think it's because they have no use for bitcoin since they can't control it.
but if it's in their interest they will adopt.
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September 06, 2016, 06:55:36 AM
 #5

Do not confuse Bitcoin and Blockchain based technology with each other. Banks are not interested in Bitcoin, because it is a technology that are in direct competition to their business model. They are focusing on improving their systems with the help of Blockchain technology, but they are not using the Bitcoin token.

These people saw a opportunity to take a disruptive technology not protected by any intellectual property rights and to use this to streamline their business and to make even more money for their shareholders. Nobody can stop them from doing this, but the clients still have a choice to stay with them, or to deal directly with Bitcoin. ^hmmmm^

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September 06, 2016, 07:23:01 AM
 #6

I think it would be a good thing if Banks adopted Bitcoin, although I doubt that would ever happen. It would definitely benefit Bitcoin in number of ways. The whole no banks, no government, anonymous thing is not achievable. Bitcoin is a like a naive kid with these great ideals, wanting to change the world. However, if Bitcoin keeps fighting the system, eventually it will become the very thing it originally sought to change in the world.
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September 06, 2016, 09:27:20 AM
 #7

First, I don't know that bitcoin give us exactly 83% of privacy protection. Where did you get that?
To answer your question if I will be happy if banks will adopt bitcoin (if it will happen), well I really don't know yet. However, when I'm thinking of it, I'm slightly thinking that the possibility of being controlled will be there. A part of my reason liking bitcoin is because I have the freedom, I can do whatever I want with my coins, I can manage it by myself and if it will be controlled, I think it won't be good.
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September 06, 2016, 09:29:08 AM
 #8




Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes
I would be delighted if banks around the world used bitcoin it would massivly drive up the price
Will it be a Good-thing or a Bad one? Undecided Undecided Undecided
Yes is the answer here also
Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry
it would make me seriously wealthy hahaha
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September 06, 2016, 09:45:07 AM
 #9

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided


Too bad and i strongly dislike about that because bitcoin is a freedom for me and with a bank is wanna adopt bitcoin and that is same means the bank will starting making any intervention with bitcoin and i don't like about that.

I think it would be good if banks adopt bitcoin, it will be a good-think of course. Bitcoin will have massive adopt from people worldwide and it should increase the price of bitcoin. What intervention of banks that will be harm you? Banks will just make some adjustment with bitcoin and blockchain technology to adopt it.
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September 06, 2016, 09:54:01 AM
 #10

Do not confuse Bitcoin and Blockchain based technology with each other. Banks are not interested in Bitcoin, because it is a technology that are in direct competition to their business model. They are focusing on improving their systems with the help of Blockchain technology, but they are not using the Bitcoin token.

These people saw a opportunity to take a disruptive technology not protected by any intellectual property rights and to use this to streamline their business and to make even more money for their shareholders. Nobody can stop them from doing this, but the clients still have a choice to stay with them, or to deal directly with Bitcoin. ^hmmmm^

yes i agree but also i do believe that banks will eventually adopt bitcoin.

look at coinbase right now, it is a bank by definition it may not have all their functionality like giving loans, giving profit on the deposit, ... but it is a bank because you are handing them full control over your bitcoins (money) just like what you do with banks and they are free to do whatever they want with that stash.

so in the future i believe more and more services like this will start and banks will get on board as long as there is a profit.

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September 06, 2016, 09:59:25 AM
 #11

There is no point in hoping for banks to adopt Bitcoin as it simply isn't realistic. That being said, I don't even want banks to adopt Bitcoin. People are happy to be the owner of their money for once, why should they jeopardize that and make use of a bank holding people's coins? 1BTC under your own control is worth twice as much as 1BTC under the control of a bank, exchange, or whatever else.
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September 06, 2016, 10:20:02 AM
 #12

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


If they adopt bitcoin for me its good because it may cause price rise, it will affect world wide price And Many investor will be happy because the pruce will rise. But what is the reason why bank adopt this bitcoin ? It is risky so i think they didnt adopt it, it will cause bankcruptcy,
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September 06, 2016, 10:21:33 AM
 #13

It's not gonna happen as banks love to control (centralization) , like charging high fees from their customers and ask for your real information's , all of those things defeats the whole purpose of using BTC in the first place so unless banks change the way they think , this is not going to happen.

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September 06, 2016, 10:26:46 AM
 #14

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


banks will never deal with bitcoin, maybe they can use the blockchain technology and that's all, well, I think they will create a lot of altcoins and this can increase the bitcoin or other alts price..

we already pay high taxes to banks, I don't like banks, do you? hope they all go bankrupt

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September 06, 2016, 11:11:42 AM
 #15

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea


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September 06, 2016, 11:23:08 AM
 #16

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea
If bitcoin becomes a huge success, for sure banks would like to have a share of that pie. How they are going to add bitcoin to their services is something that might be hard to make. But if they think that it is profitable enough for them, they might find ways to do so.
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September 06, 2016, 11:59:33 AM
 #17

Hello Mate

I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

Now will you be happy if banks around the word adopt bitcoin?   Grin Grin Roll Eyes Roll Eyes

Will it be a Good-thing or a Bad one? Undecided Undecided Undecided

Will it affect you if yes in which areas?  Angry Angry Sad Sad Embarrassed Embarrassed Cry


If all banks are using bitcoin, that is great news for me, bitcoin price probably might gonna be increase and all bitcoin holder will be happy, because are waiting to sell their coins at the price they've been waiting for. That is only if bank owner is one of the bitcoin user but if they're the one who will hold our coin that's not good.
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September 06, 2016, 12:01:31 PM
 #18

well i dont agree bank is interfering bitcoin, most of us love bitcoin because we dont need to show our identity, so we are safer and we like to keep it that way, if storing bitcoin in bank it will need us to provide document and all other identity, so i think most of us will think its a bad idea
well bank is just an option,there's so damn many option there,if you don't need bank's service then don't use it.you're given the right to choose and freedom so all is up to you,and keep in mind that if you're using bank's service,you're agreeing their term of service so there's no reason to regret about

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pinkpanther03
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September 06, 2016, 12:04:58 PM
 #19

There is no point in hoping for banks to adopt Bitcoin as it simply isn't realistic. That being said, I don't even want banks to adopt Bitcoin. People are happy to be the owner of their money for once, why should they jeopardize that and make use of a bank holding people's coins? 1BTC under your own control is worth twice as much as 1BTC under the control of a bank, exchange, or whatever else.


The bank can only adopt the benefits and advantage of bitcoin but not to infer other's bitcoin holder. If that happen the meaning of bitcoin will be change at all it will not be decentralized anymore instead it will be centralize, and that is not a good sign to all bitcoin enthusiast.
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September 06, 2016, 12:11:25 PM
 #20

Hello Mate
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well

how did you come up with that totally random number (83%)?

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Now will you be happy if banks around the word adopt bitcoin? 

what does this have to do anything with privacy that you mentioned a sentence ago?!!
also banks will not adopt bitcoin, and what you have been hearing is talk about adopting blockchain which is a complete different story and it has been already explained to you before.

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Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?

in case banks get on board with bitcoin and bitcoin stays the same in sense of decentralization I think it may affect the price a lot.

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