Banks and Bitcoin

[bce]

Do banking corporations will create a formula to kill Bitcoin?

banking to kill bitcoin I think not because my country bitcoin has not at all become a troublemaker in banking in my country because bitcoin has not become official currency by the government maybe that's why in my country bitcoin still exist and accessible

[richestsec]

As stated on another thread, and by numerous posters on this thread, banks will not be able to syop Bitcoin its an enormous phenomena now just gaining steam.

[LUXMICOIN]

 it is the currency of the future and will replace banks. How will bitcoin provide a better solution to the lending services offered by banks (mortgages, car loans, etc.)

[longml]

they won't create formula to kill bitcoin is unless the Governments of these countries began to take bitcoin. At least the Bank could link transactions with bitcoin it is all

[Dart18]

I was shocked by the question but somehow I got to think of it and it may be possible.
Yes they could do it and it does have a high percentage that they can win also.
But this will only happen per country, not the whole world.

With the increase in value of bitcoin it may be easier to kill it.
Every user will be questionable or every hodler will have to answer how do they get that large amount of money. We cannot just say it is from bitcoin. There must be a done job before they will believe it.
That is the law now, whenever you deposit a large amount you will need to present any information about your job or where you get it.
They can use this reasoning to give problem to the bitcoin community. Or you could stay keeping your money at your locker. 

[audrey12]

It can be possible because bitcoin really become a threat for many banks becuase of its ability to process transactions as faster as banks in a more convenient way aside from that it offers high return on investment which I think banks cannot do. If banks cannof find ways to eliminate bitcoin in the circulation at the most they might create their own coin to offer in the market to somehow divert the market of bitcoin and still have the control over currencies

[BettingTips]

LOL. As I know they are doing it right now. If you often read the news about Bitcoin all over the world you can easily know that a lot of state bank from a lot of countries are trying to make Bitcoin banned in their country cause when Bitcoin legalized or still can be used in their country it'll be a big trouble for the bank system cause people will not deposit their money to bank anymore cause the profit they can get just by holding Bitcoin is always better than the interest people can get from bank every month.

[nilbtc4555]

I personally think that in the war of BTC vs Bank, BTC is always ahead far away from bank.So the bank are already taking action and making thousands of plans to eradicate not just bitcoins but the all of the crypto currencies but all the plan have been failed.

[iv4n]

LOL. As I know they are doing it right now. If you often read the news about Bitcoin all over the world you can easily know that a lot of state bank from a lot of countries are trying to make Bitcoin banned in their country cause when Bitcoin legalized or still can be used in their country it'll be a big trouble for the bank system cause people will not deposit their money to bank anymore cause the profit they can get just by holding Bitcoin is always better than the interest people can get from bank every month.

They are trying to so something against bitcoin, they are spreading lies for years, and every once in a while some bank officials give interviews where they speak bad about bitcoins, giving it all sort of names and advising people to not invest in bitcoin. But in what to invest? People are not so blind like before, people now know that banks are controlling all world with money, creating wars and using all resources just to make them more richer then they are.
They will lose this battle because people feel sick when they talk about banks, they took so much from people and someone needs to stop that, who else then bitcoin and crypto currencies. Be your own boss and keep your money by yourself, send it when you wish and to whom you wish, banks can't work against something so advanced like bitcoins are.

[Shenzou]

I personally think that in the war of BTC vs Bank, BTC is always ahead far away from bank.So the bank are already taking action and making thousands of plans to eradicate not just bitcoins but the all of the crypto currencies but all the plan have been failed.

Banks do what the goverments approve of, recently with the huge rise up of the bitcoin's price there has been a lot of talk about the state of bitcoin, and wethere it should be leagalized or not, govermments and banks have no controll not so ever niether on the user or the bitcoin network, so ome of them went with the saying if you can't beat them join them and they accepted bitcoin and use it, others are baning it and punishing pople who are found using it, there is no present way for banks and goverments to go against bitcoin, so there is no fear for it, we should be happy because soon most of the world will start accepting it and using it.

[o_e_l_e_o]

Not at all. Banks will work to harness the power of bitcoin. Look at JP Morgan launching Quorum, for example. They see the profits to be made - far from trying to destroy crypto, they want to get on board.

[lighpulsar07]

No. They wouldn't do that against bitcoin but because they are government controlled entity, they will do everything to stain the name of bitcoin by saying in the interviews that bitcoin couldn't be trusted something like that and as for example, if you remember Dimon, he said very harsh thinffs to bitcoin that contribute its price crash in last september. Also, only the government have the power to ban bitcoin

[Webberson]

Banks and bitcoin are two different entities and there is really no need for comparison. Bank is an institution where transactions are made while bitcoin is just a currency.As long as fiat currencies are in existence, banks will always be there. The banks can even adopt bitcoin into their system.

[o_e_l_e_o]

No. They wouldn't do that against bitcoin but because they are government controlled entity, they will do everything to stain the name of bitcoin by saying in the interviews that bitcoin couldn't be trusted something like that and as for example, if you remember Dimon, he said very harsh thinffs to bitcoin that contribute its price crash in last september. Also, only the government have the power to ban bitcoin

After Dimon made those statements, and bitcoin price fell, JP Morgan bought around €3 million of bitcoins. JP Morgan are now launching their own blockchain project called Quorum. I'd be very wary of talking what Dimon says at face value - he's obviously a very smart man, and with the power to manipulate the market he will do just that to make himself a profit.

[tulakill]

if the bank does not accept bitcoin. Maybe the bank will no longer exist in the future. And we will not see any banks. So the banks will find a way to solve. if not accept bitcoin. really hard

[johnson4218]

The bank will be discarded if the bank does not accept the bitcoin. Surely they will not be disqualified. Banks will be something. I hope they will accept bitcoin. if not sad

[Gasolined]

Banks may be billed. if they do not accept bitcoin. bitcoin and electronic money will be the future of this world. do not want to Banks will struggle to survive.

[kieokiet]

big banks. they can not die. They will fight against bitcoins. or acceptable bitcoin. It's hard for them. If bitcoin is acceptable, but the state does not accept they will get in trouble

[khaled0111]

During the past few years, Bitcoin succeeded to gain many users whom switched from using banks to the bitcoin network.
Bankers will never let such thing happen and they will do all they can to stop that, I don't have exact numbers but i am certain that banks are loosing too much money everyday.

we will assist to a war between bankers and bitcoin community.