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Author Topic: When will banks start a war against bitcoin  (Read 16178 times)
Yousint0r
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December 25, 2017, 08:06:33 AM
 #681

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?

bank will start a war against bitcoin when bitcoin used by people and companies.

they will continuous keep bad news in media against bitcoin
lunaalthea
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December 25, 2017, 08:14:58 AM
 #682

 I think it is possible for banks to start a war for bitcoin but not yet. If the time comes that every citizen has become a bitcoin user, then the bank will become threatened and might use harmful campaigns. Although as of now, a lot of people are still ignorant in the concept of bitcoin and if the banks start a campaign against it, then bitcoin will be more popular and people will know more and might even be encouraged to use it.

bajigur894784
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December 25, 2017, 08:42:43 AM
 #683

Of course it has happened.
Blocks and restrictions are a favorite effort of the government whenever it can not stop the disruption (development) of technology.

Beginning with, the central bank declares Bitcoin and the like should not be used as a medium of exchange, because according to the law, and etc..
then .. The declares will soon turn into a ban following a new rule is being drafted to stop the virtual currency transactions.

but I think it is impossible for the government or central bank to block the Bitcoin ecosystem, including the activities of digging bitcoin (mining). or block trading sites and prohibit the development of a Bitcoin payment platform for purchases.
.. of course I think It would be a futile effort, because users will continue to find a way to monetize Bitcoin or use it to transact.

certainly obviously it all does not really affect the bitcoin market.
megalith07
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December 25, 2017, 08:51:04 AM
 #684

I'm a major BTC supporter yet in the event that I possessed a bank it would be a horrendous oversight not to take up arms against BTC from a business point of view would you say you will take a seat doing nothing while a contender shows up? Some may state that BTC is moderate and not an extraordinary rivalry but rather that will change they have to endeavor to murder BTC now.
9jaflick
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December 25, 2017, 08:55:52 AM
 #685

the war has already started and bitcoin will definitely win at the end. you can stop people from using bitcoin, we all have a choice
bitcoinveda
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December 28, 2017, 05:59:31 AM
 #686

we dont send telegram now likewise banks will be outdated and cryptocurrencies and blockchain technology will take over banking system in coming future
haster100
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December 28, 2017, 06:06:29 AM
 #687

Bottom line, unless the entire world switches to bitcoin or some other cryptocurrency and foregoes all forms of fiat, banks really have nothing to worry about and therefore no reason to start a major war against crypto.
thetractor666
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December 28, 2017, 06:07:16 AM
 #688

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 already started and I see this looking closely to what happen to China in regards of ICOs.

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JoseJoseJose
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December 28, 2017, 06:10:01 AM
 #689

Most probably yes, banks will may start war against bitcoin because of the growing numbers of their population and specially the offers and perks that bitcoin have. If banks will set aside the issue about this, few years from now, btc will dominate as currency.
Advicerabi
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December 28, 2017, 06:12:12 AM
 #690

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?

Bitcoin too popular right now. Whatever will the bank do not able to stop the progression of the bitcoin. I think it is good if bank to join use bitcoin.
tarvizlisar
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December 30, 2017, 12:58:30 PM
 #691

Despite the fact that we are still at a start of cryptocurrencies' era,  Bitcoin is growing with amazing speed, Banks" war against Bitcoin may start at any point in time, for the prospective irrelevance of a need for banking industry is seriously looming.

Other side bank system integrate with BTC , so we can make transaction with bank like others market
jeffer8035
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December 30, 2017, 01:12:59 PM
 #692

this is a struggle every day the normal money also lends itself to all that but who has been able to regulate so that they do not do all those criminal activities is natural to human as there is well there is also bad we go ahead with bitcoin which is our best option alos banks it hurts because it takes away the business they have already established they are the first money launderers and extort us with such high interest and they regulate us the money that we can take out or transfer in bitcoin we do not have that problem is without limit

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December 30, 2017, 01:37:23 PM
 #693

I don't think it will come to an extent for bank to start a war against bitcoin. The innovation of bitcoin as a currency is a different concept that is entirely different from the usual fiat currency. As long as the fiat currency is still in existence, so also will banks.

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geegaw
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December 30, 2017, 03:14:27 PM
 #694

I don't think it will come to an extent for bank to start a war against bitcoin. The innovation of bitcoin as a currency is a different concept that is entirely different from the usual fiat currency. As long as the fiat currency is still in existence, so also will banks.
Exactly, bitcoin has no great influence on banks because in theory, bitcoin is considered as a currency but in fact, we all here only consider bitcoin as an ideal investment destination, that means that people still trust the bank more than bitcoin, people still convert bitcoin into cash without holding the bitcoin for too long, high price and reasonable will sell. In addition, banks receiving benefits from bitcoin and bitcoin also receive benefits from banks, both help each other grow, so do not be against each other

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cryptocurrencyguru
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December 30, 2017, 03:24:23 PM
 #695

Banks have already started war on bitcoin holders they cant stop so they will humilate collect taxs from bitcoin holders
elitelongbowman
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December 31, 2017, 12:33:33 AM
 #696

I think it's soon gonna happen and Banks all over the world will united and against Bitcoin in an organization.
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December 31, 2017, 12:37:43 AM
 #697

I think it's soon gonna happen and Banks all over the world will united and against Bitcoin in an organization.
if I think maybe even in the future Bank succumbed to the growing use of bitcoin and then the Bank in the world began to implement such a bitcoin system because the benefits of the system can be used for the banking process

zdrmay
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January 02, 2018, 07:45:42 PM
 #698

Bitcoin is the future! Instead of declaring war against bitcoin, banks should adapt their customer base. In the end, more people will hear about bitcoin and decide to keep their funds in bitcoin wallets, instead of banks. I wish good luck to the cryptomir. It's time to reach the new level!  Wink
zhukovt34
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January 02, 2018, 11:22:05 PM
 #699

war is began already, long ago banks starts their strikes against bitcoin, war silently continuous to the develop as banks want to hold power to manipulate with currencies and cash.

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January 02, 2018, 11:25:07 PM
 #700

Governments want to profit from money already the war is on many countries have banned bitcoin

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