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Author Topic: Do you think bankers will destroy block chain tech, decentralization, bitcoin?  (Read 3897 times)
yayayo
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October 11, 2016, 12:54:53 PM
 #81

Banks might be trying hard to either control or destroy Bitcoin, but most of them banksters didn't even understand the main concept of Bitcoin.
Regular people were able to mine a big amount of these Bitcoins with their PC's long before Banks have found out about it.
Now they think, that one can simply take the "Blockchain technology" and create their own blockchain, which in the end is nothing more than just another Altcoin, with a VERY SMALL network compared to the "real one" we love. This Altcoin probably will get hacked in a minute or so and will be forgotten a minute later.

I fully agree. Bankers are currently at the stage the Bitcoin sphere was years ago, when the first altcoin (premine) scams were launched. However in contrast to the real altcoin freaks, their technical and conceptual understanding is basically zero.

Not only are bankers incompetent due to their lack of technological and theoretical knowledge, they also suffer from severe cognitive dissonance: Admitting that Bitcoin, not private "blockchain technology" is the real solution means admitting that they have become obsolete. They simply can't cope with this and are therefore denying reality by pretending to be still in charge...

That's sad for them, but it's well deserved.

ya.ya.yo!
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October 12, 2016, 01:33:36 AM
 #82

And the price of those coin is rising up until now.
So if I not wrong, we're going to centralized the coin.
I just want to know, if banker can get profit with eth, xrp, or anythings, who can get profit with bitcoin? who's work for bitcoin?

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October 12, 2016, 02:27:21 AM
 #83

I don't think bankers would do that ,much more good if they adopt bitcoins on their forms especially sending of money saving which is more convienient to the users and surely they will add a tax on it but if its small enough its good for the society.


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October 12, 2016, 05:29:28 AM
 #84

And the price of those coin is rising up until now.
So if I not wrong, we're going to centralized the coin.
I just want to know, if banker can get profit with eth, xrp, or anythings, who can get profit with bitcoin? who's work for bitcoin?

i don't really know what you are talking about.
but your last statement has nothing to do with bitcoin. those coins you named have started this way so banks had deeply invested in these coins and were/are controlling most of the supply and the price and this is something nobody can do with bitcoin.

Sir Alpha_goy
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December 05, 2016, 09:25:04 PM
 #85

They already have because Bitcoin is already centralized.

Using the banker time tested exchange model.

You just all don't see it because you are waiting for the Bitcoin moon.
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December 05, 2016, 09:33:07 PM
 #86

Some times ago I thought that bankers will was to destroy blockchain tech and whole bitcoin system but it seems I was wrong. Let's observe the fact that bankers are offering us bitcoin exchange and withdrawal, bitcoin cards and etc, many banks offer bitcoin services. It seems that they aren't going to destroy blockchain and bitcoin system but to take in control most part of transactions.

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kiklo
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December 06, 2016, 12:52:03 AM
 #87

Some times ago I thought that bankers will was to destroy blockchain tech and whole bitcoin system but it seems I was wrong. Let's observe the fact that bankers are offering us bitcoin exchange and withdrawal, bitcoin cards and etc, many banks offer bitcoin services. It seems that they aren't going to destroy blockchain and bitcoin system but to take in control most part of transactions.

Your first thought was right, except they need segwit to activate and then Lightening Network, and then they take over the blockchain.
Good News however is the Chinese Miners are going to block segwit and the bankers from taking over.  Wink


 Cool
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December 06, 2016, 01:00:09 AM
 #88

Banks and bankers will definitely be an obstacle and they will definitely try to maintain all the power that they can while they have the time, and as such they are likely going to start an offensive against Bitcoin once it begins to start being a bigger target and threatens their power more.

I'm surprised that they don't care more about it right now to be honest.
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December 06, 2016, 01:17:57 AM
 #89

Some times ago I thought that bankers will was to destroy blockchain tech and whole bitcoin system but it seems I was wrong. Let's observe the fact that bankers are offering us bitcoin exchange and withdrawal, bitcoin cards and etc, many banks offer bitcoin services. It seems that they aren't going to destroy blockchain and bitcoin system but to take in control most part of transactions.
The blockchain was offering some advantages for them and that's why the banker was trying for doing any research about the block chain. They won't destroying the blockchain system and how they can do that?

Good News however is the Chinese Miners are going to block segwit and the bankers from taking over.  Wink


 Cool
Any valid proof?  Wink



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December 06, 2016, 01:28:06 AM
 #90

Banks are moving against bitcoin there is no doubt about it and the fact that other altcoins are also backed by bankers is bad for us  there does not seems to be much that the average user of bitcoin can do against this on the other hand banks of researching blockchain technology and they seem to like it but they don't like bitcoin to be connected to it.


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December 06, 2016, 06:34:27 AM
 #91

Why to destroy a coin even though a crypto-coin? Maybe is easier to manipulate it. Isn't; It is easier to blame it for all illegal activities globally, but you can also use it anytime there is a crisis as a safe place instead of gold. Bankers are not chasing the bitcoin use. For them is still a currency like as fiat national currencies
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December 06, 2016, 06:59:35 AM
 #92

If you haven't noticed already, the two coins below Bitcoin, Ethereum(ETH) , Ripple (XRP) have forged theier way into crypto with massive fundings from bank, backed by bankers, both Ethereum and Ripple have second and third market capitalization respectively after Bitcoin, Do you think the bankers who manipulated the global market and caused the global crash of 2008 which led to suicide of thousands of innocent people for making bankers profit, will bring down bitcoin, block chain tech and  decentralization?

1. How are you going to stop the bankers trying to dictator crypto?

2. Are you fully aware of things that are going on?

3. What measures are you taking now?



Best Regards

These wolves will not stop till they destroy Bitcoins and blockchain but they have underestimated the power of Bitcoin and it's users. They won't have a free walk like they did in 2008,the community is well informed and strong together. We shall drive these wolves back, we shall not let anything happen to Bitcoin or blockchain as simple as that.

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December 06, 2016, 07:07:12 AM
 #93

Bankers around the world were prioritising Blockchain technology. This shows that bankers were in a plan to adopt this technology for their banking needs. Also several countries around the world have involved in testing Blockchain technology for their own digital currency creation.

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December 06, 2016, 08:06:59 AM
 #94

Bankers around the world were prioritising Blockchain technology. This shows that bankers were in a plan to adopt this technology for their banking needs. Also several countries around the world have involved in testing Blockchain technology for their own digital currency creation.
The system of bitcoin was good so they immitate it by trying to have their own blockchain technology. Banks wants to compete or at least get more clients to use blockchain but they forget that they are centralize and bitcoin is decentralized.

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December 06, 2016, 08:15:41 AM
 #95

How is possible to find that bank is behind ETH or Ripple. Banks of course works in Forex, but they are not interested in small crypto deals. May be some bank can do something in Bitcoin market, but even then banks are big Forex players with millions of USD. Banks and bankers are not very interested in Bitcoin now, may be in future they will work with Bitcoin - I do not know any bank, which already work with Bitcoin.
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December 06, 2016, 08:27:50 AM
 #96

I don't think bankers would do that ,much more good if they adopt bitcoins on their forms especially sending of money saving which is more convienient to the users and surely they will add a tax on it but if its small enough its good for the society.
there will be a time when all the bankers will adapt to the block chain technology in future and if the news are to be believed most of the major banks are already experimenting with the block chain technology and sure it will improve and have more transparency than the current system.
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December 10, 2016, 09:27:20 AM
 #97

Some times ago I thought that bankers will was to destroy blockchain tech and whole bitcoin system but it seems I was wrong. Let's observe the fact that bankers are offering us bitcoin exchange and withdrawal, bitcoin cards and etc, many banks offer bitcoin services. It seems that they aren't going to destroy blockchain and bitcoin system but to take in control most part of transactions.

Your first thought was right, except they need segwit to activate and then Lightening Network, and then they take over the blockchain.
Good News however is the Chinese Miners are going to block segwit and the bankers from taking over.  Wink


 Cool

Yes, my first thought is right but in different way brcause they aren't trying to destroy blockchain tech but their another way is much worst, they are going to take control on it. So there isn't any difference, it's better to take something in your control than to destroy it and they are doing things like that.

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December 10, 2016, 10:33:14 AM
 #98

As per now no banks is involving in destroying block chain because before doing that they need to permissions from specific countries government permission. Once they have permissions means definitely banks will keep buying all the bitcoins and keep it with them for safe reason. But banks are not completely involved in bitcoins technology because it is peoples money.

I hope it will take lot of time to make prediction on this new technology, technology itself indicates it is completely decentralized because it is not operating by single person. Many people are keep mining and trading daily lot transaction keep exchanging between the people.


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December 10, 2016, 06:39:51 PM
 #99

This all sounds like Illuminati nonsense in which I don't believe. 2008 crisis started from subprime mortgage crisis in the USA and people may have not noticed that this is really going to happen, you know. Some currencies may be supported by banks but bitcoin can still stay independent as long as it is not becoming too popular.


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December 10, 2016, 10:22:09 PM
 #100

1. How are you going to stop the bankers trying to dictator crypto?
probably the way to do is using bitcoin than saving money to banks

2. Are you fully aware of things that are going on?
not really. I am trying to take it easy about things in this world because I have so many things to be aware of

3. What measures are you taking now?
using bitcoin, earn bitcoin to fulfill some needs


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