When will banks start a war against bitcoin

[Yanisumin]

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 don't see any signs that banks wanting a war with bitcoin here in our country but instead our central bank just released a guidelines on how to avoid being scam by ICO's and other investing sites using the digital currencies. Bitcoin is not legal here and not ban too but our major banks is in partnership with our local exchanges in which we can cash out or receive our bitcoin to fiat convertions thru the banks. You may check our coins.ph site for your reference and confirmation.

This is a very big topic and a very big issue. As we have seen in the past few years, some central banks are regulating BTC and some are just in the observation process, some banned it even if it is not reasonable enough. I think the war is ongoing just like the war on drugs because we don't even know what is happening on the inside of the system, what we are just seeing are the latest news but we don't see how much blood they have put into this. We don't even know that satoshi is still alive. The only thing that cant deny by these elite is that blockchain is an ever evolving technology and they cant stop the emergence of dapps, dOS, and many more that's why they cant put much resistance. They will decide to implement the decentralized system too, mark my words because as the old live have said.
If you can't beat them, Join them.

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[Kevondo]

Banks have already started war on bitcoin holders they cant stop so they will humilate collect taxs from bitcoin holders

Right that but mates not only investment but people are using bitcoin as saving and making money. Today people prefer to invest money in bitcoin instead of keeping in banks and holding only money for long time with no profit and money making. I use bitcoin for investment and will have it for long so that my bitcoin will make me earn high amount of profit than keeping my capital in bank with no profit and if having then having very low.

[freshm4ker]

There are so many who preach instead of declaring war against bitcoin, banks have to adjust their customer base. In the end too many people will hear about bitcoin and decide to save their funds into bitcoin wallets but not banks.

[xebecstyx]

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.

I don't think so. Instead, I foresee that banks would adjust and make their system jive in with the cryptrocurrency market. Banks, in the simplest senses, are business entities where their main objective is to earn more money through different means such as investing, interest imposition on loans and other lending operations, therefore, seeing how the cryptocurrency market has been booming right now, I think banks would also try to capitalize on that so that they can also earn through the bitcoin market. I think right now, some banks have already made the necessary adjustments in order to do so, and other would certainly follow suit.

[mikaeltomcruz12]

I think it's soon gonna happen and Banks all over the world will united and against Bitcoin in an organization.

I don't see any reasons why bank should start a war against Bitcoin. There are some transaction of bitcoin and bank are same but it has also have different transaction bitcoin can provide and bank are not same with the bank.Opposite side.

[00DKM@]

The bank, despite its efforts, is not able to fight off bitcoin as it is, if it can do it, the governments have done so to prevent bitcoin from developing as it is today. Now I know that some banks are researching the use of blockchain technology in financial management, I think this is the right direction of banks instead of potential to prevent bitcoin, a job that does not benefit. for them.

[Sallysakky]

Banks already start a war against decentralization and their instrument is Ripple. Ripple was designed for banks and global money transfers and it's fully centralized and controlled.

[chidrawarster]

Its presently in the gray area as this subject is quite controversial. We do not know whether the banks are in favour of crypto currencies or not.Even if they are , there are lot of regulations that need to be applied for and implemented as well. If they are not in favour, we can just watch the coins like a bubble and we do not know their future. Its basically few coins are progressing rest are not upto the mark.

[harbin55]

The commercial banks and bitcoin has a good relationship as of now;  but for me sooner or later they will become a big rival to each journey. 
Bitcoins has a big threat in the commercial banks operation;  from the excellent service that the company and management of bitcoin provided,  they can be obsolete in this particular industry.

[btcprospecter]

The banking institutions will always see bitcoin and other crypto currencies as a direct competition as it takes money away from their vaults. We see no that many banks are coming round to the idea of block chain and crypto currencies as a whole ideally they want something they can control.

[Chainblock]

I think the banks wont shutdown btc because they cannot or it would be really hard for them.
I think they would rather go with it and use btc in their transactions instead of working against it...

[Tenderino]

The crypto currency market cap will soon reach a trillion and I think it is too late for banks to start a war. Those who already use cryptos know that the fiat system is a scam. So the banks can right now only influence those who are not aware what crypto currencies are, but I think finally this will not help them anymore.

[lilinatation]

I would like to hope that the banks won't have the power to create a way to cryptos because people, investors, us will be to strong. Maybe they are already in the market and will crash it hard. I hope that it's not the case.

[tantimutz]

Banks and corruption are fraternities. Bitcoin and int problems by the way. Helping to get out of the bank has some cash that makes the government wrong to make payments because of banker corruption. That's the worst thing about the banking industry. World War 2 has started because bitcoin is launched but until now they can not turn off bitcoin. They can only attack with decisions and coverage with 'overnment.

[Bezobraznike]

   War is started long ago, it is a secret war with secret weapons. Recently I saw a post on Twitter
about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.

[drazalm]

   War is started long ago, it is a secret war with secret weapons. Recently I saw a post on Twitter
about Ripple, who owns Ripple, who allows transactions and who buys Ripple. According to that post
banks owns most of the Ripple`s and they are selling it and taking profit in Bitcoins and Ethereum.
Ripple is the way how banks plan to overtake control over Bitcoins, first they need to own most of the
Bitcoins, right? Maybe this does not have much sense to many people, but I see many connections in
that, it is up to you to recognize that connections or not.

   Ok. So They buy all bitcoins. People will still have their money and will be able to buy any alt coin similar to bitcoin. They can't buy all cryptocurrenies.

[RomertL]

I think that for banks better is not to fight with bitcoin but official work with it.

[posi]

I think that for banks better is not to fight with bitcoin but official work with it.

Some bank support bitcoin but there's no way the banks/regulator won't fight bitcoin because most of them are currently not earning from the bitcoin network but loosing to it.

[Taki]

I think the banks wont shutdown btc because they cannot or it would be really hard for them.
I think they would rather go with it and use btc in their transactions instead of working against it...

Just like that. Banks just have not enough power to shut down bitcoin, cause of it is decentralized. Today they have just one option to adopt themselves to needs of simple users (clients) from whom their most work exist, and people chose crypto currencies, so one day banks will stop to warn people about dangerous investments in to crypto currencies and start to offer all possible services to satisfy clients' needs. So, there is no war, there are just compromises and work together.

Some bank support bitcoin but there's no way the banks/regulator won't fight bitcoin because most of them are currently not earning from the bitcoin network but loosing to it.

I really didn't hear any case of support. Could you tell which banks do it exactly or at least in which country the situation is so.

[cryptonoel]

I hope their won't be any conflict against bank and bitcoin and it will not turn into war. But still few question arise if the topic come to bank and bitcoin, as Bank is ruling the world and as bitcoin is taking the marketplace the bank need to adapt with it but if they can't adapt with it their might be some conflict already in few country bankers are talking about it and some of them are taking in a positive way others negative. Lets hope for the best.