Have Banks conspired to Kill Bitcoin Startups?

[asuryan180]

I don't think there is a conspiration theory,sometimes we tend to think that that person or instituion have a plan against BTC but often that's not the case,there are banks which fully support these startups and offer nice loans and provide funding so it all comes down to every single bank,not the system as a whole,yeah there are banks which won't fund the startups but fortunately they are the smaller percentage of all of them

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[The_Dark_Knight]

This article claims that over 36 bitcoin exchanges have closed shop around the world, since October 2015, due to discontinuation of banking services to them.

Is it that commercial banks have conspired to make it difficult for bitcoin startups or they are just trying to abide by the present laws and regulations?

http://www.forbes.com/sites/rogeraitken/2017/02/12/bitcoin-or-bust-taking-british-banking-out-of-exchanges/#1e942876588e

Banks love money more than anything but you still need to follow some rules, but the rules don't come from the banks but from the governments, governments own the fiat and if you are going to do deals in fiat then you need to follow their rules is that simple.

[sportis]

This article claims that over 36 bitcoin exchanges have closed shop around the world, since October 2015, due to discontinuation of banking services to them.

Is it that commercial banks have conspired to make it difficult for bitcoin startups or they are just trying to abide by the present laws and regulations?

http://www.forbes.com/sites/rogeraitken/2017/02/12/bitcoin-or-bust-taking-british-banking-out-of-exchanges/#1e942876588e

Banks love money more than anything but you still need to follow some rules, but the rules don't come from the banks but from the governments, governments own the fiat and if you are going to do deals in fiat then you need to follow their rules is that simple.

The opposite I could say. That is, banks literally put the rules and of course banks have the money. Governments all over the world are groups of people with very good salaries and their main goals are to follow and implement faithfully what the bankers have already decide. On the other side banks always want to fund companies that in the future will succeed and they will have certain profit and possibly as someone above has post they can control through its loans.

[Gameroid]

I don't think there is a conspiration theory,sometimes we tend to think that that person or instituion have a plan against BTC but often that's not the case,there are banks which fully support these startups and offer nice loans and provide funding so it all comes down to every single bank,not the system as a whole,yeah there are banks which won't fund the startups but fortunately they are the smaller percentage of all of them

yes agree, I think still do not feel any need for that. because still bitcoin has no relation with banks and secondly the users of bitcoin are still very low therefore it is not needed. But I think in future when the users of bitcoin will increase then they can think about that.

[Schuyler]

Banks cannot kill what they can't control. Also, they are too busy with making more money for themselves and I don't think bitcoin is getting in the way of what they are trying to accomplish. If there's anybody who's at fault for the closure of some exchanges, banks are definitely not the ones to blame.

[The_Dark_Knight]

Banks cannot kill what they can't control. Also, they are too busy with making more money for themselves and I don't think bitcoin is getting in the way of what they are trying to accomplish. If there's anybody who's at fault for the closure of some exchanges, banks are definitely not the ones to blame.

Personally I think the biggest reason exchanges fail are the exchanges themselves, someone with money to spare decides they want to make an exchange without taking into consideration the enormous task it is, then they get hacked or don’t have enough volume and eventually those exchanges disappear.