All these banks are now useing bitcoin

[shamzblueworld]

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?   

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

Will it affect you if yes in which areas? 

I think its gonna be a good thing. More people will be able to trust and consider using bitcoin, more merchandisers will start allowing bitcoin as their payments, people will invest more in bitcoin and maybe it will make it grow more and increase its value as well. It would be considered a lot more reliable than it is now. Though it will have its downs as well, as banks will be able to tax you, and track you as well. It will lessen the amount of anonymity from this world, but I feel the advantages are more than its cons.

[1714862047]

1714862047

[BTCLovingDude]

if banks decide to start using bitcoin and getting involved with it, then i guess that would mean bitcoin has already reached the mass adoption stage and also the government has already made it legal and official currency.

so in this case i don't think it matters what banks do by that time since bitcoin would be already big.

[Daifotis]

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?   

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

Will it affect you if yes in which areas? 

Well I see no wrong if banks will adopt bitcoin and besides it will just make bitcoin become a strong currency.

For those people who are saying that their freedom will actually be gone if ever that will happen, YOU ARE COMPLETELY WRONG!

Explanation to this will take some time so I will not bother to explain it and better check it out to yourselves.

[Rubberduckie]

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.

yeah all banks are backed with FIDC in the US and there is no way they could
put their customers money at risk by accepting bitcoin and to be hones I'm happy
about it. I already hate Wells Fargo the last thing I need is them ruining bitcoin for
me.

[davis196]

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?   

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

Will it affect you if yes in which areas? 

This can be good and bad at the same time.

It`s good that banks will adopt bitcoin and btc will become more popular.

It`s bad that banks might try to contol and change the whole bitcoin concept.

[Cozynunu]

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

There are so many banks going into the bitcoin because banks likes money and with bitcoins is making money easy you just need to know how you can make the most money with the bitcoins.

[mobnepal]

Bank will never gonna accept bitcoin direct deposit or withdraw for sure as they can't track these transactions with bitcoin. However bank have already started accepting deposit/withdraw through coinbase like exchangers/wallets in some countries which can be considered as they are being quite attracted towards bitcoin.

But banks are looking to implement blockchain tech rather than bitcoin directly in their regular financial transaction which will surely gonna be centralized blockchain.

[wikenpp]

One of reason use bitcoin is to prevent bank and fiat, so i think bank adopt/use bitcoin is dumb idea and bank is the opposite of bitcoin.
So, i think it would be bad thing if bank were to use/adopt bitcoin unless they just act as gateway to accept bitcoin or make buy/sell bitcoin become easy.

Some major banks already got their own bitcoin developed. A copy of the current bitcoin network, but then their gave it their own twist.
Like OP stated i find it funny they first were opposed to it, by claiming it was money used by criminals, yet they did do the exact same thing.

[awesome31312]

Bitcoin is actually the end of central banking. The only way I see banks implementing Bitcoin is covertly, to hide their assets from the government and launder money.

[ontrackk]

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?   

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

Will it affect you if yes in which areas? 

This can be good and bad at the same time.

It`s good that banks will adopt bitcoin and btc will become more popular.

It`s bad that banks might try to contol and change the whole bitcoin concept.

bitcoins will never be used by any banks and if bitcoins will become big then i think that banks might even disappear in the future

[Kprawn]

If Banks gets into Bitcoin, I would jump ship. They have managed to f#$% up the world economy with reckless loans and fractional reserve banking.

We do not need them to charge excessive fees for things we already do at virtually zero fees. Mike Hearn and R3 and the banks behind this are now

direct competition for Bitcoin. Let's just do our own thing.. and leave the banks to steal more money from people who wants to follow them like

sheep. 

[justdimin]

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.

It's not as bad as it sounds as currently, the state of bitcoins is quite bad with Government considering it almost illegal and involving it with drugs and terrorism and then exchanges like Bitflex getting hacked. We should see the positive side too of banks adopting bitcoins.

[upsidedown75]

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%)?

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.

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.

If banks adopt the blockchain technology and create their own currency, it will have a very bad effect on bitcoins and the price will drop drastically. If banks adopt bitcoins as it is, it will affect the price but not that much as the price would be stable. It's the matter now that bitcoins are popular but we need to understand the fiat is still the first choice even on this forum.

[Lombard]

One of reason use bitcoin is to prevent bank and fiat, so i think bank adopt/use bitcoin is dumb idea and bank is the opposite of bitcoin.
So, i think it would be bad thing if bank were to use/adopt bitcoin unless they just act as gateway to accept bitcoin or make buy/sell bitcoin become easy.

yeah, i use bitcoins in order to avoid the banks and their huge fees, i just dont like it to be honest and i think it would be great if it was replaced

[Sharma]

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?   

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

Will it affect you if yes in which areas? 

first your title is confusing and your op is even more confusing.What do you mean when you say "bitcoin 83% protect our privacy?I mean how do you reach that percentage?Second Banks can not adopt bitcoin they can implement blockchain but any federal bank will never accept bitcoin

[TraderETH]

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?   

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

I don't like if all banks using bitcoin and give my data to government because sometime i use bitcoin for play gambling although it is just a little amount of bitcoin. On my country gambling is illegal activity and it is bad for me. 

[airezx20]

I don't like this idea at all and I think there is no need for that,we already have wallets for this and we can secure them with many security features and also there no body else can know how much bitcoins we are holding so privacy is most secured,we are the only one who controls our bitcoins and we dont have to depend on the banks.

[CraigWrightBTC]

I agree with this ideas, it will make bitcoin more popular and there are many people and stores using bitcoin as payment method on real life and it will make bitcoin' price increase.

[begau]

In my opinion, it is inevitable that the financial systems in place today will (eventually) become better equipped to handle and process transactions, exchanges, and storage of digital/cryptographic currencies. However, we are very much still in the early stages of this technology, so there are going to be obstacles and stumbles along the way.

[Reid]

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?   

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

Will it affect you if yes in which areas? 

Banks will adapt. We are just too aggressive to make it happen. We just wait, bitcoin is still new for me and it needs some trust for them to partake in this certain field. I would be very much happy if they include this in their industry. Banks can do privacy's also and with them included in the circulation it will be easier for other people to conduct transactions e.g. exchanging it to fiat.