When will banks start a war against bitcoin

[Lubang Bawah]

The increasingly massive use of bitcoin certainly worries banks, banks are preparing the best way to fight bitcoin, because banks are fully protected by the state then I'm sure they will persuade the state to banned bitcoin.

[Bolt Brownie]

I'm sure banks and financial institutions are already quite afraid of bitcoin. Right now I think they will only try to discredit bitcoin with the "bubble" accusation, the money laundry problem etc, like we already see from Jamie Dimon. As soon as they realize this wont be enough, they will probable try to put some pressure on governments, because they have a great influence on them. Not sure if any of this will work, because we are already seeing all over the world, that people react on the streets when they don't like what the government are doing, so if they actually go this way, they will probably have a fight they don't want to.

[cybersofts]

I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you thing it will happen and when?

People been making those kind of allegations and other complicated conspiracy theories since bitcoin's inception, it never happened and it will never happen, people working at banks don't care about bitcoin, shareholders don't care, CEOs don't care, tellers even less.

They only complain about the unfair paying field, they have to spend millions in compliance while some bitcoin startups who offer similar services don't.

The question is where were you when James Dimon of JP Morgan attacked bitcoin so badly? by calling bitcoin as a fraud?
Bitcoin are already in war bitcoin since early days of bitcoin. The only reason you might see like is not happening it is because bitcoin is nothing rather piece of codes. Bitcoin is digital not physical, so there is no way to attack bitcoin directly, they can only attack bitcoin by spreading negative FUDs.

[josucoin]

I believe that in the near future the banks will go to war against the BTC, because what gives money to the banks are the loans and credits. The same thing happened to the taxi and Uber.

[YTBitcoin]

I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you thing it will happen and when?

People been making those kind of allegations and other complicated conspiracy theories since bitcoin's inception, it never happened and it will never happen, people working at banks don't care about bitcoin, shareholders don't care, CEOs don't care, tellers even less.

They only complain about the unfair paying field, they have to spend millions in compliance while some bitcoin startups who offer similar services don't.

The question is where were you when James Dimon of JP Morgan attacked bitcoin so badly? by calling bitcoin as a fraud?
Bitcoin are already in war bitcoin since early days of bitcoin. The only reason you might see like is not happening it is because bitcoin is nothing rather piece of codes. Bitcoin is digital not physical, so there is no way to attack bitcoin directly, they can only attack bitcoin by spreading negative FUDs.

JP Morgan is not the only bank in this world. There are banks that are accepting bitcoins too. You can consider the example of Central Bank of Philippines. Moreover, digital assets like ripples are also being widely used in banks. Only Jamie was so stupid to give such a statement or maybe he is trying to fool us because JP Morgan has bitcoins. A very good way to fuel the downfall!

[Roman Abraham]

I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?

Since the rise of bitcoin, banks have been the only ones who have always considered bitcoin a threat, it certainly has a reason, and the reason is that banks are afraid bitcoin takes over what the banks manage so far, they are afraid of it, so in many ways they try to restrict and even prohibit any activity associated with cryptocurrency.

[blockchainmarketus]

Banks and corruption is brotherhood. Bitcoin and corruption is no way. Bail out of banks has taken too much cash that make a govt lost the money because of bankers corruption. That's the worst thing from banking industry. The war has begun since bitcoin is released but untill now they can't shut down bitcoin. They can only attack by ruling and policy with govt.

[Tukang Becak]

Banks are not too concerned with bitcoin because the official statement of various countries about bitcoin is obviously banned bitcoin, in addition the bank will continue to be the main choice because it is fully supported by state regulations. So I think banks will not war with bitcoin as long as the government's is banned bitcoin.

[BitcoinMuscle]

Banks will start a war if the price of bitcoin gets to bigger for bank will be a problem because people will start moving fund from banks to bitcoin for a bigger profit.
That is also going to happen if there are going to be created real life special bitcoins banks. I mean like a real life wallet where you can keep your bitcoins( used online, offline for withdrawing in special atms) ).

[Anfisman]

It is normal for banks to consider bitcoin as a threat. Given how these digital currencies are not issued by banks, bitcoin often gets harsh criticism from the banks, which causes the bank can not even manage to control the bitcoin turnaround in the digital world. plus The value of all cryptocurrency continues to increase, so they consider This is a real threat to the existence of the bank. so I think this is one reason why banks hate bitcoin.

[Dainye_dyep]

Some banks in my country are claiming that they are trying to "adapt" blockchain which is for them a new technology and they seem to be proud of it. They might have seen some kind of danger in Bitcoin, time will show us.

If thats the current well I think that good, I cannot hold to possibility that soon bank and bitcoin will have not be in good terms, we will be the most affected on this if there would be a centainty that this will happen, I mean it will not going to be easy as now if there would be a war between them, expect low exchanges, limited bounties and more but I think if that happened, we should fight for our freedom of belief, and since bitcoin is naturally made for being decentralized they dont have the right to do anything above the rule here I think.

[Carmen01]

Here in philippines banks and bitcoin are together here in our wallet so this is not an issue for me and also bitcoin create to conveniece like in transaction purpose in different country so this is nothing to worry about,i think the better now is to think how to locate some scammer here that use bitcoin to scam others and i think also we need law for bitcoin

[culun86]

I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime,
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it, if I think bounty hunter apprentice on the broken spirit of our journey is still far away.
Do you think it will happen and when?

[Mr. Legendaris]

It looks like war is already going on, the bank is the official agencies which pay taxes and follow all regulations of the State, when the bank found a threat the bank bitcoin propose to the Government for the banned bitcoin.

[Sithara007]

They have already started the war. The multiple (opportunistic) statements made by the JP Morgan CEO Jamie Dimon is a perfect example. And don't think that only Jamie Dimon is involved in this. The other big bankers will also get involved in the next few days and weeks. And also, in Singapore the banks have frozen Bitcoin related accounts.

[bohr]

I think bitcoin is a great competition for the banks because no longer can they not pay us interest and have us store our money their just because it is more secure to store it at a bank then a house. Bitcoin changes this because it is more secure at the house now since you can password protect a paper wallet, and make copies to store at your work, school home etc.

If you think they are going to give you better rates in order to compete with bitcoin you are wrong they are going to use the same old methods of saying that everyone that is in bitcoin is a drug dealer or a tax avoider, they are going to try to shame people into complying but all those tricks do not work on us and the more they use the same old trick the less effective it becomes against other people.

[stompix]

Start a war? Why would they even bother with it?

They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.

Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.

Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?

Banks have already won but some are to blind to see.

[Harlot]

Start a war? Why would they even bother with it?

They have already won.
Bitcoin was supposed to be a way to make easy payments with low fees and to keep your funds safe.

Now we have tx fees (changed the banks with miners), we have "developers" (national banks) and guess what we have bitpay (paypal) and lots and lots of other banks like coinbase, coins.ph...or should I remind you of inputs.io?
We even have a credit bank that went out of business with heavy loses for the "investors", btcjam.

Oh, did I mentioned debitcards you load with bitcoin and are run by banks under the visa supervision?

Banks have already won but some are to blind to see.

It is inevitable to happen because Banks have the ability to quickly adapt to threats, and Bitcoin is no exception as I don't consider Bitcoin as a threat but an opportunity and banks have taken it. Obviously banks are being used from debit cards to bank deposits when you exchange your Bitcoin to Fiat currency. Believing that people will start to transfer all their fund from banks to a Bitcoin wallet is a laughable idea as it is close to impossible.

[monir34]

If bank start war against Bitcoin, it will be big mistek. Every bank should give legality of Bitcoin.  So it will be more safe to use. People can transfer their money with low fee. Bitcoin is most popular crypto currency now .We can easily transfer our fund by Bitcoin.  So bank should consider that.

[Chairul Muttaqin]

I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?

i think bank spread a tricky accusations to against bitcoin, not every bitcoin 's users do illegal activities and crimes with bitcoin.
besides that rather than do crime witj bitcoin better we (as bitcoin 's users) take a benefits by using bitcoin in proper ways like pay or buy something.

maybe banks would make a harsh campaign for against bitcoin because if banks let bitcoin fly high, Bitcoin will be serious competitor or whenever they can collapse.