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Author Topic: When will banks start a war against bitcoin  (Read 16170 times)
el kaka22
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August 11, 2017, 08:01:08 PM
 #81

I doubt that they will be going to start a war against bitcoin. Especially if the bank promotes innovativeness. They know that they cant win when they decided to oppose bitcoin. Instead they are just going to ignore it.

I do not think you need to doubt the war of Bitcoin and the World Bank, maybe they win in promoting their innovation, but I am sure that in the next few years people will know how valuable Bitcoin and the whole world is bound to change. To Bitcoin And to get it will be difficult, because Bitcoin only produces 21 million Bitcoin, then that's where Bitcoin will win against the Bank.
From where I am standing, I see Rothschild rubbing his head, closing eyes in frustration because bitcoins are going to snatch the power from his hands. So sad! Doubtlessly, he will not allow this to happen easily and strike back with his full might.

I just want to see the fight and enjoy it while my bet is on Bitcoins because in a world of technology you cannot erase technology. Crypto currencies are the future money and bitcoins is mother of all of them.

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August 11, 2017, 08:15:34 PM
 #82

for what?  Undecided

banks has a more bigger problems than BTC lol i think they don't care what doing with btc or eth. this world is theirs, so they don't care

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August 11, 2017, 08:27:31 PM
 #83

I think banks will be forced to allow bitcoin as real currency in the nearest future, because i don't see any logical reason to start a war or battle between banks and bitcoin, in fact bitcoin will even help banks a lot more to get more users

Banks can not fight against bitcoin. They have no chance of winning. They have no influence on bitcoin. But banks are engaged in speculation and can use bitcoin for their own purposes
i do not think that Banks has any concern with bitcoin, i think that banks will will continue for a long long time. because currently bitcoin is not so much mature that it will overcome banks and i think people will continue using banks for a long time and they do not have to quit it so early because still bitcoin cannot given us such facilities that we can get from banks.
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August 11, 2017, 08:35:21 PM
 #84

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?

Banks do not care about bitcoins. In the world of financial transactions bitcoin is small like little kid game tokens. Banks are more interested in the cash that is flowing around.
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August 11, 2017, 08:49:09 PM
 #85

I think this has already begun... you just need to search on the number of banks working on cryptocurrencies and private blockchain projects.

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August 11, 2017, 09:00:22 PM
 #86

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?
It could happen because bitcoin provides a variety of conveniences, and bitcoin is unattended, its supervision is just our own, there is a possibility of bitcoin in use in money laundering. Banks feel threatened by the presence of bitcoin, because bitcoin keeps growing and the price keeps going up. I love bitcoin Wink

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August 11, 2017, 09:05:28 PM
 #87

 I don't know about a war,  but of course everyone even banks need to be at the forefront of technology to be relevant. With all the new players, the slower banks are going to have their work cut out for them.
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August 11, 2017, 09:11:30 PM
 #88

 Nothing starts out perfectly, the fact that so many people are interested in working on and discussing these issues the more reason Bitcoin will stay around.
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August 11, 2017, 09:14:51 PM
 #89

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?
You waiting for the war to start ? The battle line has already been drawn, and the war started.

Give banks a slight opportunity to bring doom upon bitcoin, and you will see how fast they will grab it. They’re keeping quiet cause they don’t what to say against Bitcoin. They’ve called it a source of money laundering, and more worst names, but it didn’t work out. So they are staying low and watching out for an opportunity to strike.
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August 11, 2017, 09:17:25 PM
Last edit: August 12, 2017, 04:59:31 AM by pharesim
 #90

Nobody knows, but one thing that i have to say is that bitcoin and banks are gonna have a fight in the upcoming years, you dont have to be a clever to understand that. Banks makes money with fees, interests, and having people's money, and bitcoin does the same, only that you manage it and have the same features, and you dont pay fees. what could any person prefers? obviously bitcoin.
banks wont let people stop using their system to replace it for bitcoin, that is impossible, there is a lot of poverty around.
this thing scares me, but we will see, bitcoin is always going up, so bitcoin will never end.
nethan1btc
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August 11, 2017, 09:21:33 PM
 #91

I doubt that they will be going to start a war against bitcoin. Especially if the bank promotes innovativeness. They know that they cant win when they decided to oppose bitcoin. Instead they are just going to ignore it.

I do not think you need to doubt the war of Bitcoin and the World Bank, maybe they win in promoting their innovation, but I am sure that in the next few years people will know how valuable Bitcoin and the whole world is bound to change. To Bitcoin And to get it will be difficult, because Bitcoin only produces 21 million Bitcoin, then that's where Bitcoin will win against the Bank.
From where I am standing, I see Rothschild rubbing his head, closing eyes in frustration because bitcoins are going to snatch the power from his hands. So sad! Doubtlessly, he will not allow this to happen easily and strike back with his full might.

I just want to see the fight and enjoy it while my bet is on Bitcoins because in a world of technology you cannot erase technology. Crypto currencies are the future money and bitcoins is mother of all of them.

That's so certain for this matter mate, and it's now happening bitcoin became so popular as of this days. If that perceptions about war against the banks, well as I can see now it's been happening already. Banks could not control the real situations and in fact they've been unto partnership with bitcoin exchange lately. There were banks having exchangeds from btc to fiat cash options using online exchange in my country,  and so safe and convenient to use.
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August 11, 2017, 09:33:12 PM
 #92

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?

Maybe banks can fight and try to stop bitcoin right now, because with increasing bitcoin users the banks will lose the chance and trust from people, and it can become bad thing for them. But even so, the bank can never really stop bitcoin, because bitcoin is a symbol of the power of society, when they try to stop it, the people will fight and they know nothing can beat the society power. We must begin to eliminate our dependence to the banks right now.
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August 11, 2017, 10:21:39 PM
 #93

I don't think that such war will happen. But if it does, might take a lot of years before it happen, i think somehow banks are threatened with btc. They might be losing this one. Some people might acknowledge it some wont but one thing is for sure this is the future.
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August 11, 2017, 11:37:26 PM
 #94

Banks will never start an open war against bitcoin because of many factors. Firstly, they very well understand that digital payment is the future so they will try to learn good things from the blockchain technology and make use of it to build their own platform. A lot of consulting firms like Ernst & young and KPMG or BCG is showing interest in bitcoin and blockchain technology.

Banks will try to pressurize government to take action against the bitcoin users in their country to minimize the threat. However, they can't do even that openly because people are using their bank account to exchange their bitcoins in to fiat currency. So they are enjoying the free floating funds. Public support is a big thing and bitcoin is enjoying every bit of it. It is not easy to start a war against it.

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August 11, 2017, 11:42:24 PM
 #95

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?
Banks shouldn't  treat bitcoin as enemy. Bitcoin isn't only coin or currency. It is a huge community. There are millions bitcoin holders in the world now. WHo can control million people who own financial system like bitcoin. If banks take position as an enemy to bitcoin, they stand in front of million people all over the world. I think what banks do will fail. The best things banks should embrace bitcoin users and developers and make solution to use bitcoin to prevent crime.
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August 12, 2017, 12:07:02 AM
 #96

Seems they would look for ways to integrate before challenging given the growth pattern.
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August 12, 2017, 02:29:41 AM
 #97

I think banks should also adopt bitcoin on there transactions just like other paper currencies for there daily transactions because it is a big opportunity for the banks! It is good also that we have a bank for bitcoin that can easily be exchange our bitcoin to real fiat. There's no need for war in it.

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August 12, 2017, 02:53:42 AM
 #98

When, I think blun there masalh with bitcoin bank, why battle better be better to introduce the name of bitcoin and easy to access it in the bank.

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August 12, 2017, 05:12:03 AM
 #99

I never heard that news or read and article about banks making such accusations with bitcoins.  Merely because the bank here in our country supports bitcoin.  I do not know if it is really a support but whenever I want to encash my bitcoins, I can withdraw it in a bank.  Whenever I wanted to pay our bills or even my credit card bills I can use my bitcoins to pay them.  I can even buy bitcoins through banks and some other cash remittances.  So your topic or statement that there would be a war between bank and bitcoin is impossible.
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August 12, 2017, 06:18:42 AM
 #100

I never heard that news or read and article about banks making such accusations with bitcoins.  Merely because the bank here in our country supports bitcoin.  I do not know if it is really a support but whenever I want to encash my bitcoins, I can withdraw it in a bank.  Whenever I wanted to pay our bills or even my credit card bills I can use my bitcoins to pay them.  I can even buy bitcoins through banks and some other cash remittances.  So your topic or statement that there would be a war between bank and bitcoin is impossible.

I have a similar situation here.
Buying or selling bitcoins, a bank supports me.
Of course they charge a little fee. But for them that is easy earned money, and for me it gives me some kind of security not getting scamed.
The bank and me, we both benefit from bitcoin.
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