bigbosma
Member
Offline
Activity: 378
Merit: 10
|
|
April 14, 2018, 08:43:18 PM |
|
Because bitcoin can lead to the fact that banks will not be needed at all. Therefore, they are so opposed to accepting bitcoin.
|
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Mei1418
|
|
April 14, 2018, 08:51:31 PM |
|
indeed the nature of cryptocurency from the beginning is like that, there is nothing we need to worry about, it's our rights and risks when plunging into the world of crypto
|
|
|
|
Piapia
Newbie
Offline
Activity: 97
Merit: 0
|
|
April 14, 2018, 09:42:58 PM |
|
The banks are definitely afraid of crptocurrencies especially bitcoins, The people have seen their dubious and greedy ways and are rather investing into cryptos, they are even gaining huge profits by buying and hoarding, profits that not even banks have ever given them in their entire lives.
|
|
|
|
Old Bindu
Member
Offline
Activity: 532
Merit: 12
KEEP CALM and HODL
|
|
April 14, 2018, 10:48:29 PM |
|
I think that this is an exaggeration. And this is not actual information. According to the latest information - several of the most famous cryptocurrency exchanges were purchased by the banking cartel.
|
|
|
|
pekavcilar01
Newbie
Offline
Activity: 238
Merit: 0
|
|
April 14, 2018, 10:54:42 PM |
|
With the Blokchain application, you can transfer money anywhere in the world at any time you want. Could it be more comfortable than that? It is very cheap to make the transfer at the same time. The banks do not like the crypto exchange for their own interests.
|
|
|
|
Arisgado
Member
Offline
Activity: 191
Merit: 10
|
|
April 15, 2018, 02:06:20 AM |
|
In my opinion, they will fear in the popularity of the cryptocurrency because cryptocurrency are their most competitor and crypto has more benefits than banking. People are now beginning to see that you can make more money without having a bank.
|
|
|
|
bubble pop
|
|
April 15, 2018, 02:11:27 AM |
|
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies They called on people not to get involved. Should we be afraid or the banks are!
There are banks that fears bitcoins and the cryptocurrency because the people much preferred to invest their money in bitcoins and other cryptos aside from their bank so in that thing their banks will not have profits so their will be bankrupt. But other banks take that opportunity to have a partnerships in bitcoins because they know that the price of the bitcoins rises so they have like a little commission in that thing and some banks accepts bitcoins in exchange into money and i know that bank in our country.
|
|
|
|
JoshMart
Jr. Member
Offline
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
|
|
April 15, 2018, 02:19:05 AM |
|
It is not that they fear cryptos I think they are threatened by its very existence, why? we all know that these digital currencies do not need banks, so it has a huge negative impact on their business. They are protecting their business, their clients and their purpose. You know if you face something that cam make your purpose and existence not needed anymore, it is natural to feel threatened and be defensive about it. I think that's what banks are feeling right now.
|
╔═◼ CARDSTACK ◼═╗ The Experience Layer of the Decentralized Internet (https://cardstack.com/)
|
|
|
nacareng
Newbie
Offline
Activity: 211
Merit: 0
|
|
April 15, 2018, 02:32:02 AM |
|
Banks are not afraid of Cryptocurrency, they are just trying to keep their country's currency. Instead of Cryptocurrancy currency to make the bank disappear, they will work together to achieve one goal. Currently the bank plans to integrate with cryptocurrency and provide services. Such access can be found in the bank in the coming year and there is no fear of growth.
|
|
|
|
Jaky
Jr. Member
Offline
Activity: 105
Merit: 1
|
|
April 15, 2018, 02:33:15 AM |
|
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies They called on people not to get involved. Should we be afraid or the banks are!
I think they fear the growing of the crypto curriencies cause it can work double time through internet technology rather than bank, though their both work through the help of men..Nowaday many people are investing to crypto and a big negativity to banks and being threatened by its high potencials in the market..
|
▄▄▄ ▐ ▌ HIVEPOWER.tech ▐ ▌ Crowdsale 》 June 11th ▄▄▄ Build Decentralized Energy Communities Secured by the Blockchain
|
|
|
frankybutterin
Full Member
Offline
Activity: 242
Merit: 100
“Blockchain Just Entered The Real World”
|
|
April 15, 2018, 03:52:18 AM |
|
I think it's true banks are afraid of cryptocurrency, because cryptocurrency has taken their source of income. many investors are more interested in bitcoin than bank products. they consider bitcoin as a ponzi scheme that gives a big advantage at first joining.
|
|
|
|
rye18
Newbie
Offline
Activity: 126
Merit: 0
|
|
April 15, 2018, 03:57:33 AM |
|
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies They called on people not to get involved. Should we be afraid or the banks are!
Yes many banks afraid because transaction did not pass to banks and this affect their income.
|
|
|
|
01asd
|
|
April 15, 2018, 04:01:15 AM |
|
Banks are not afraid of Cryptocurrency, they are just trying to keep their country's currency. Instead of Cryptocurrancy currency to make the bank disappear, they will work together to achieve one goal. Currently the bank plans to integrate with cryptocurrency and provide services. Such access can be found in the bank in the coming year and there is no fear of growth.
I do not think that the banks fear Bitcoin or cryptos too much. That is because Bitcoin or cryptos and banks are completely two different things. Maybe, right now, nowadays, Bitcoin become so popular but the banks still do not care too much. But, if the Bitcoin start to be popular around the world, and take over the economic world, that is the time when banks will scare. Why ? That is because if we or people around the world use Bitcoin and cryptos instead of our regular money in the banks, we will not have to use banks anymore.
|
|
|
|
tiga huruf
Newbie
Offline
Activity: 68
Merit: 0
|
|
April 15, 2018, 04:11:01 AM |
|
cryptocurrency has great potential in the world of money exchange. cryptocurrency there are still some countries that do not admit it. but these countries feel threatened by the development of cryptocurrency in the exchange of currencies. what they are worried about is if bitcoin becomes the world currency standard. because until now, bitcoin is still far superior to the dollar. and this threatens the dollar that has been the standard currency of the world.
|
|
|
|
Ascredo
Member
Offline
Activity: 224
Merit: 15
|
|
April 15, 2018, 07:04:28 AM |
|
Yes,of course. bank afraid with bitcoin. in my country they afraid not popular or not be place that be destination of many people. and it make bank decrease their income, make them disappear from people thought.so,Bank fear cryptocurrency.
|
|
|
|
shadyrifles
|
|
April 15, 2018, 07:12:25 AM |
|
The Banks are really afraid of cryptocurrency, All major banks has already restricted buying cryptocurrency with credit cards and country like India has restricted Bitcoin or other cryptocurrency because the banks fear cryptocurrency.
|
|
|
|
Darklinkz
|
|
April 15, 2018, 08:11:26 AM |
|
They really do. I've seen articles that a bank just bought an exchange or they partnered with a blockchain company. They know that there's no choice but to embrace it because the only way to stay relevant is to move forward and not staying or going back.
|
|
|
|
Techno012
Member
Offline
Activity: 122
Merit: 12
|
|
April 15, 2018, 10:48:44 AM |
|
Yes, they are afraid to this cryptocurrency. The one reason is if all people withdraw their money in the bank and they put into cryptocurrency the bank has no more money.
|
|
|
|
BlockFolksHQ
Member
Offline
Activity: 224
Merit: 10
|
|
April 15, 2018, 01:59:41 PM |
|
I think for now bank mostly will not accept the transaction of cryptocurrency. But they might worry of the volume of money that flow in and out for the crypto world.
|
|
|
|
Swanh
Newbie
Offline
Activity: 138
Merit: 0
|
|
April 15, 2018, 02:26:33 PM |
|
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies They called on people not to get involved. Should we be afraid or the banks are!
When more people will invest in cryptocurrencies most banks will be bankrupt,in my view and opinion.Crypto currency is more profitable than depositing money in the bank,by just holding bitcoins in your wallet it has a great advantage you can control you money because you are the one holding it. Bitcoin is very profitable that most bank fears to slower down.
|
|
|
|
|