|
Glorypaasa
|
 |
November 23, 2017, 02:03:12 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!
Not only bank but goverment also because they scared in bitcoin because bitcoin is decentralized no one can control it even goverments so thats why many goverments hate this because bitcoin can replace all banks. |
|
|
|
|
|
|
|
|
|
|
|
|
|
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Habakkuk77
Member
 Offline
Activity: 112
Merit: 10
|
|
November 23, 2017, 02:11:52 AM |
|
We should not be afraid of them. Banks are very anxious of that becuase they might lose their power, they think that the bank system will be instantly reversed into cryptocurrecy system. They don' t have control on bitcoin and involvement. Governments also are being afraid of that cause it might affect their income tax.
|
[
|
|
|
tekimebounty
Jr. Member
Offline
Activity: 51
Merit: 10
|
|
November 23, 2017, 02:11:59 AM |
|
I'm think not. First of all, banks are biggest structures with government support, second of all, banks can use cryptocurrensies in their aims, and third of all, they have a lot of fiat for making mining farm, crypto exchange trading and other. Clever ppl always find a way out of the situation.
|
|
|
|
|
dhrazzen
Member
Offline
Activity: 266
Merit: 10
|
|
November 23, 2017, 02:45:10 AM |
|
Yes, we all know that bank is financial institutions that accepts deposits from the public and create credits so if cryptocurrency will be used, banks will lost a lot of customers because cryptocurrency can stand alone without the help of the bank.
|
|
|
|
|
ezekhiele
Member
Offline
Activity: 196
Merit: 10
" As long as you love me"
|
|
November 23, 2017, 03:14:20 AM |
|
yes, bank will be fear of cryptocurrency because they will lost a lots or many customers. if the crypto will be known, popular or implemented some of the banks will be closed. thats why bank take action about that.
|
|
|
|
darshansetty
Member
Offline
Activity: 103
Merit: 10
|
|
November 23, 2017, 03:32:10 AM |
|
Yes banks fear of crypto currency because the banks will not get the details of the transactions done in the bitcoin
|
|
|
|
|
Kwothe117
Newbie
Offline
Activity: 10
Merit: 0
|
|
November 23, 2017, 08:30:46 AM |
|
Banks should be afraid of loosing business and their precious fees. (Unless they start somehow incorporating blockchain)
Governments should be afraid because they loose control over their own currency. (Unless they start "minting"/mining bitcoins)
People should be afraid because there is no customer service to call in crypto-currency. You get scammed or hacked and no one will save you.
Changes are coming...
|
|
|
|
|
|
vfrcbv911
|
|
November 23, 2017, 08:38:11 AM |
|
Banks and governments are afraid that bitcoin will destroy their monopoly money, but we know the truth and do not believe it!
|
|
|
|
elie_s
Member
Offline
Activity: 112
Merit: 10
|
|
November 23, 2017, 08:44:22 AM |
|
Of course they do everyone fears wat they can't control
|
|
|
|
gokudera
Member
Offline
Activity: 256
Merit: 36
|
|
November 23, 2017, 08:47:52 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 are slightly afraid that bitcoin has a power than banks. They are afraid that people will choose bitcoin than investing to banks so that they have an idea to make some words that doesnt true at all. |
|
|
|
dafang
Member
Offline
Activity: 178
Merit: 10
|
|
November 23, 2017, 08:48:36 AM |
|
What banks fear is that Bitcoin affects the currency of their country. If Bitcoin is widely used, very few people will go to bank to make deposits, and people will be more willing to invest bitcoin to use Bitcoin for everyday use.  |
|
|
|
|
gabbie2010
|
|
November 23, 2017, 08:53:12 AM |
|
Decentralized transactions of bitcoin had made banks to fear bitcoin, transactions are being done without a third party which is were the banks makes there money and banks at times inquiries the privacy of customers accounts at the detriment of their customers and in the nearest future there is the tendency of people transacting business with bitcoin by bypassing the banks services which will makes banks irrelevant and definitely bankers will lose their jobs.
|
|
|
|
|
Gens09
|
|
November 23, 2017, 09:01:23 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!
Obviously it is we all know that the banks only manages a real money which is not manages by a cryptocurrency platform we know that cryptocurrency hold a virtual money is can be a reason for the banks to close completely when bitcoin or cryptocurrency become more populsr than the bank it can really be a great threat. |
|
|
|
|
tinystone26
Member
Offline
Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
|
|
November 23, 2017, 09:08:05 AM |
|
I think banks are not fear in cryptocurrency because they now that banks are supported by the governments and people trusted them to use, and I think that's the reason why they don't fear about cryptocurrency that everyone.
|
|
|
|
coolcountry
Member
Offline
Activity: 154
Merit: 11
|
|
November 23, 2017, 10:28:42 AM |
|
Sure, why shouldn't they? It is a direct threat to their business model.
|
|
|
|
Thaliron
Member
Offline
Activity: 87
Merit: 10
|
|
November 23, 2017, 10:51:49 AM |
|
Yes, because they are losing customers. People are now beginning to see that you can make more money without having a bank. So they will actually lose their customers.
If more and more people will use crypto banks will fail.
|
|
|
|
|
Techmekka
Newbie
Offline
Activity: 8
Merit: 0
|
|
November 23, 2017, 10:54:28 AM |
|
Yes they do because they see the potential that bitcoin and the other coins have. And will probably do something about it because otherwise the banks will die.
And bitcoin will become the new coin and make everyone rich.
|
|
|
|
|
|
shawn995
|
|
November 23, 2017, 11:17:18 AM |
|
Yes they do because they see the potential that bitcoin and the other coins have. And will probably do something about it because otherwise the banks will die.
And bitcoin will become the new coin and make everyone rich.
yes, they are fear of crypto currency because they are judging that bitcoin is going famous with a very fast rate and it can affect their number of users. Be remember that bitcoin will never disappear bank but yes bitcoin will reduce the customers of bank because bitcoin is getting enough number of customers and this is because bitcoin have no taxes to pay while bank taking high taxes. |
|
|
|
|
tranquanghuy
Member
Offline
Activity: 166
Merit: 10
|
|
November 23, 2017, 11:23:47 AM |
|
Bank might fear cyrpto currency because they don't have a business on it. once it is successful banks will not earn anything.
|
|
|
|
|
|
DoublerHunter
|
|
November 23, 2017, 11:27:26 AM |
|
Yes, because they are losing customers. People are now beginning to see that you can make more money without having a bank. So they will actually lose their customers.
If more and more people will use crypto banks will fail.
I agree with you. A lot of people are now realizing that it is better to put their money outside the banks because there are more opportunities outside the banks to earn more money like the cryptocurrency where they can earn a bunch of money and i think that is the reason for the banks to be scare for the cryptocurrency and because of that they are now making moves to regulate that threat by regulating bitcoin and other cryptocurrencies in their countries. |
|
|
|
|
|
