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Author Topic: When will banks start a war against bitcoin  (Read 16173 times)
TheSmo
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February 20, 2018, 02:42:08 PM
 #821

While no companies against bitcoin banks have not been announced. They do not support the crypto currency, but they do not bypass it either. They study it. To use it correctly, you need to know all the information about it.

With the development of the crypto currency, there are already enough specialists and experts in this field. I do not understand what  expect banks? Why they will not begin to involve these experts?
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Nexigen
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February 20, 2018, 02:43:31 PM
 #822

While no companies against bitcoin banks have not been announced. They do not support the crypto currency, but they do not bypass it either. They study it. To use it correctly, you need to know all the information about it.

With the development of the crypto currency, there are already enough specialists and experts in this field. I do not understand what  expect banks? Why they will not begin to involve these experts?

I think they are not sure about the competence of these experts. It is very likely that they can not be 100% sure of their actions. This repels the banks.
TheSmo
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February 20, 2018, 02:44:58 PM
 #823

While no companies against bitcoin banks have not been announced. They do not support the crypto currency, but they do not bypass it either. They study it. To use it correctly, you need to know all the information about it.

With the development of the crypto currency, there are already enough specialists and experts in this field. I do not understand what  expect banks? Why they will not begin to involve these experts?

I think they are not sure about the competence of these experts. It is very likely that they can not be 100% sure of their actions. This repels the banks.

They have enough of their experts. it's silly not to use the opportunity to earn this way. The computer mechanisms at them work perfectly. And they have good opportunities.
Nexigen
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February 20, 2018, 02:46:38 PM
 #824

While no companies against bitcoin banks have not been announced. They do not support the crypto currency, but they do not bypass it either. They study it. To use it correctly, you need to know all the information about it.

With the development of the crypto currency, there are already enough specialists and experts in this field. I do not understand what  expect banks? Why they will not begin to involve these experts?

I think they are not sure about the competence of these experts. It is very likely that they can not be 100% sure of their actions. This repels the banks.

They have enough of their experts. it's silly not to use the opportunity to earn this way. The computer mechanisms at them work perfectly. And they have good opportunities.

I think if the banks switch their forces to mining then their security system may fall. Programmers will be busy with another matter. Therefore, first you need to protect what is available.
Sevarchik
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February 20, 2018, 02:46:42 PM
 #825

Banks try stop bitcoins with many ways, not open war also with inserting non blockchain and non crypto currency such as Ripple

TheSmo
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February 20, 2018, 02:48:06 PM
 #826

I've heard that many banks are already considering the possibility of keeping the crypto currency in their savings. This is a great opportunity. If banks recognize crypto currency, then the whole world recognizes it. The cost will increase. It's time to buy bitcoins!
Roydgon
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February 20, 2018, 02:50:03 PM
 #827

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?
The war will be created against the crypt of coins when they make such a job advantageous. It's no secret that banks are also investing in bitcoin now, but publicly they do not show it.
ShiroThe5th
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February 20, 2018, 02:51:48 PM
 #828

This is exactly what always worries me. Governments always want to control transactions and prosecute buyers and sellers. I think this is difficult fot them when people use bitcoins for their transactions. I hope this never happens.
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February 20, 2018, 02:59:30 PM
 #829

Banks does not have the ability to restrict people to invest into crypto-currencies, in my opinion, the bank could only voice their concerns to the governments in that country, but the decision still lies with the authorities whether there is a need to impose much tighter regulations to regulate crypto-currencies trading.

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btcdevil
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February 20, 2018, 03:01:46 PM
 #830

Banks does not have the ability to restrict people to invest into crypto-currencies, in my opinion, the bank could only voice their concerns to the governments in that country, but the decision still lies with the authorities whether there is a need to impose much tighter regulations to regulate crypto-currencies trading.

Banks can restrict people from investing by freezing the users account who are dealing in crypto currency and in my country most of the national bank have issued notice to everyone that they will freeze the account found dealing in crypto currency. So i think the war has started long bank, now we have to wait for the more reaction of both side.
zelenkova
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February 20, 2018, 03:13:05 PM
 #831

Banks will certainly not be profitable if everyone will be sitting in the blockhouse. Their currency system will crumble. And I think they are paying negative positions in the press against bitcoin.
Nylelyn
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February 20, 2018, 03:14:51 PM
 #832

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?

War? What war are you talking about op. Banks are already using bitcoin technology called blockchain. There are some banks which are paying or accepting Bitcoins. Many are now encouraging it to. Yes there is a fear that banks may loose out business, but it's absurd nothing like this will ever happen, banks are more than happy to encourage Bitcoins as after conversion, it comes back to them.
Competition. Banks could be against bitcoin because it is hot and the positive benefits it brings to people. But then if banks will continue to fight against bitcoin they will loose more business so you are right that they are now adopting blockchain to their system. Big businesses like Banks must go with the flow and trend and be on top always. People like us have our own proper judgement if they spread harsh campaign against bitcoin because we already experience the reality of working with btc.

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Destroyeroff98
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February 20, 2018, 03:23:57 PM
 #833

I do not think that Bitcoin and other cryptocurrencies are very much hindering the banks. Banks can also earn on cryptocurrency, some banks already use cryptocurrency.

Tuyul Gupies
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February 20, 2018, 03:32:09 PM
 #834

I have not seen about the conflict with the bank, but there are still many people who go to the bank to conduct transactions and finance his business. even the bank does not know the income that its customers are earning from bitcoin, and they keep it in the bank. and even bitcoin has worked as a currency that can be calculated and has a wide use that can be used anywhere you want. if you have a better problem you are finished do not just question that has not been a problem.
zupply
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February 20, 2018, 03:40:36 PM
 #835

I think soon... unfortunately!

gordeevaverona
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February 20, 2018, 03:53:43 PM
 #836

I think banks will start a war with bitcoin when a large number of people will leave their service and move to a blockage system. Then the bank will send its company of collectors to deal with what is happening.
dbstmddhks
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February 20, 2018, 04:01:07 PM
 #837

In my opinion, banks have already begun to think over the plan of the offensive (this is a joke). But in fact, really, this is what can happen in the near future, because banks are unhappy that large cash flows pass without their participation
El Il-mythos
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February 20, 2018, 04:08:57 PM
 #838

I belbelieve banks already making their move about making a war against bitcoin and every rumour we heard and read could be their work in order to slow down the market of bitcoin and lessen the potential big number of its investors. But whatever they are doing I think there is no winner exept bitcoin.

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SergeYak
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February 20, 2018, 05:10:59 PM
 #839

Banks can't do anything to bitcoin honestly. Bitcoin and blockchain system is better than banking system and many people will perefer bitcoin in this case.
Kodok Bencot
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February 20, 2018, 05:58:17 PM
 #840

I think banks will start a war with bitcoin when a large number of people will leave their service and move to a blockage system. Then the bank will send its company of collectors to deal with what is happening.
It seems unnecessary to wait for users to leave the bank services, now many governments are worried about the development of bitcoin and of course this is the input of banks that consider that bitcoin dangerous.
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