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Author Topic: Do Banks fear cryptocurrency  (Read 17115 times)
Griegura
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February 17, 2018, 06:10:09 PM
 #1141

Many people talk about it,but what can be said about real earnings?Is it a myth?After all, almost everyone who has cryptocurrencies displays any part of the usual money

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jackjones53
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February 17, 2018, 06:11:24 PM
 #1142

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy
aircrusan
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February 17, 2018, 06:13:43 PM
 #1143

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy
Even if this happens in many, many years and very unlikely.If we can fully move over to real money at once it will be an incredibly strong blow to the economy of the whole world
Warren Buffert
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February 17, 2018, 06:14:05 PM
 #1144

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

They fear what they cannot be in control of. They can't get bailed out no more either and actually have to start doing their jobs.
jackjones53
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February 17, 2018, 06:15:07 PM
 #1145

I think many banks are just afraid of losing profits.After all, banks are not needed for cryptocurrency.If the real money disappears it will be a very big blow to the world economy

They fear what they cannot be in control of. They can't get bailed out no more either and actually have to start doing their jobs.
I'd actually look at that.Now we can say that this area is relatively new and I would look at how it will interact with banks .
Aveatrex
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February 17, 2018, 06:19:08 PM
 #1146

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!
Ofcourse they fear it.
Simply because they know that Bitcoin/Cryptocurrency can destroy their banking system.Nothing has been a threat to the traditional banking system until Bitcoin showed up.
And trust me,they will fight against it with every way they could,they are already doing so.Banning,Spreading FUD on media etc..






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glongsword
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February 17, 2018, 06:28:44 PM
 #1147

Very interesting topic!Banks are already interested in this, which is not surprising in connection with such a huge and growing popularity of cryptocurrency.Want to see the price of them was growing as quickly ahah
drukoz2
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February 17, 2018, 06:32:47 PM
 #1148

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!
Of course, banks will be afraid of cryptocurrencies, because there are already technologies such as decentralized Bank from Crypterium, loans from the Credits project and much more. Banks - this is the last century.
DimensionsOfHell
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February 17, 2018, 06:34:32 PM
 #1149

Wonder they are panicking.Just really afraid for their personal gain.I'm absolutely sure of that.Very silly news from utterly do not understand people who do not need to believe
pri3oner
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February 17, 2018, 06:35:26 PM
 #1150

Yeah they are afraid of crypto. Cos they loose money that could be their own. They can call crypto "unsafe" and other stupid adjectives but we know what we do.

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afroman1131
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February 17, 2018, 06:37:50 PM
 #1151

I don't listen to what the media says about it.It is necessary to trust only exchanges, trusted sites and people who work in this area.All the rest is nonsense

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odranoel
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February 17, 2018, 06:45:14 PM
 #1152

It is a bank strategy to warned people to not involved cryptocurrency, because it will be happen that people do not need bank for them to save but instead using cryptocurrency for investment as well savings.

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uchiha_madara
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February 17, 2018, 06:59:34 PM
 #1153

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!
cannot be denied this is a matter of Business, Bitcoin disturb banking business Cheesy
janelleshepard
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February 17, 2018, 07:17:27 PM
 #1154

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!
cannot be denied this is a matter of Business, Bitcoin disturb banking business Cheesy
Bitcoin actually didn't disturb banking business, they steal away the main function of banks which could make  banks becoming useless .
You can compare Bitcoin as new things and banks are old stufss, classical way.
Bitcoin is the way faster and more freedom for users than banks. So that's why they're afraid Bitcoin will become huge and puts them in the past.
DominRx
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February 17, 2018, 07:22:33 PM
 #1155


Hello! Of course banks are afraid of crypto currency! They do not know what to expect from it. Bitcoin does not belong to anyone and can not be controlled. Banks are afraid that the crypt will replace them.
jak3
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February 17, 2018, 07:33:43 PM
 #1156

Of course, the banks are afraid of cryptocurrency and there is nothing new on that. It is the fact government only allows users to import or export something from their country but they charge tax. As we know already Bitcoin does not have any income tax or any sort of tax excluding the transaction fees so the government did not get any profit from Bitcoin and it is sucking up the countries budget or total profit (because many people are touching their businesses over the Bitcoin system). They are going to ban this cryptocurrency from the country or they are going to implement some kind of taxation on it.
daarul50
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February 18, 2018, 01:04:02 AM
 #1157

Banks should not be afraid of cryptocurrency because they can take advantage of this cryptocurrency phenomenon to establish cooperation even without even realizing they have established cooperation because until now if the user wants to exchange bitcoin into money then the users will use the bank facilities to take the money that has been redeemed through various crypto onsite services.
Omosomofa
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February 18, 2018, 04:24:50 AM
 #1158

Personal since Banks do not have control on Bitcoin, I will never fear. The worse thing government can do is not to accept it in payment in some countries only
CONOFLEX
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February 18, 2018, 04:51:39 AM
 #1159

I think so because people who got bitcoins won't  make a loan by banks ,they rather used money from the bitcoins to buy stuff.
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February 18, 2018, 04:58:05 AM
 #1160

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!
It is happening in my Country too. Maybe the bank afraid of the easily, efficiency, and low fee when we are doing transaction with cryptocurrency. Also the cryptocurrency is accepted in many Country in the world, so we don't need to go to Exchanger to change our Money from Yen to Dollar for example.
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