AIRDROPSQUAD
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PLAYHALL - SKILL GAMING PLATFORM
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April 20, 2018, 02:49:23 PM |
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Sooner or late, the banks will admit and realize this. The blockchain technology is the future of financial development. One of the biggest banks in my country already admits that. And they not shy to learn about the blockchain technology. I heard the project team of the bank will visit Ripple office to learn more about the Blockchain technology.
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slyfox
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April 27, 2018, 03:28:40 AM |
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This is true that banks are afraid of bitcoin because they thought that in the coming days many would prefer to invest in bitcoin , than putting their money in the banks with so little interests gain, while when they put their money in bitcoin it could get a big interests than saving their money in the banks.
They are not really afraid that investors are not going to put their money in their vaults, true investors never put their money in a bank for a long period of time since they know that is a losers move, what they are afraid is that bitcoin is adopted by everyone around the world and that their services are not required any more due to people becoming their own banks thanks to bitcoin.
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rysheeer
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May 06, 2018, 02:07:03 PM |
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Bitcoin is the real threat to Banks because they can't easily manipulate and control the price movements of bitcoin. They fear decentralization because most of them are corrupt and the root of all scams, they knew the advantages of bitcoin and the benefits of bitcoin to the future.
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muddy waters
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JOIN THE NEXT MEGATREND IN CRYPTO!
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May 06, 2018, 02:55:30 PM |
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Our beloved gov guys prefer us to put our money in a bank account
That's the way it was over the past few centuries and such a reaction to bitcoin from the side of those fat bankers is natural. Money as such always used to be the prerogative of the most powerful people but now with the development of the Internet the situation has changed and almost everybody can become rich. So I wouldn't take all this propaganda to heart - we should just continue doing what we are doing - promoting bitcoin and cryptocurrencies in general.
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thecoder2017
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May 06, 2018, 11:25:12 PM |
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Bitcoin has its own strategy compared to banks thats why there's no need for the banks to be afraid off for the reason that people are already familiar doing their transactions through banks but who knows what gonna happen in the future.
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RokokGudangGaram
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May 06, 2018, 11:33:28 PM |
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correctly. because with the bitcoin in this world bank banks in the world must be afraid because bitcoin is the best place to invest, and what the bank is afraid of is the bitcoin customers who invest their money in the bank will be less because of the investment in bitcoin
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perfryan
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May 06, 2018, 11:39:00 PM |
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The government and banks are fear in cryptocurrency.late last year China,the country known as strictest capital in the world Outlawing crypto currency,blocked citizens from trading ,crypto banning.
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GigTricks WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS Whitepaper | Bounty | ANN Thread | www.gigtricks.io
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minersday
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May 06, 2018, 11:55:08 PM |
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I dont think that banks are really scared about it.
Most banks want to use crypto resources in order to understand how it works, and to make money out of it, we all know that banks are only in here for one purpose; to have more money.
I think that, we can live together with banks and cryptos.
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trolltalk
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May 07, 2018, 01:44:41 AM |
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Yes Probably people choose to invest in crypto than save it in banks because if you're a long term holders definitely you will make a huge profit after a year but if you invest your money in banks after one year the profit you will gained is too small so many banks afraid in cryptocurrencies because their company will be bankrupt.
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Chrisjay29
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May 07, 2018, 02:41:08 AM |
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I agree !!. Many bank are fear about btc. Because if take a look if hold your money on a bank the increase of your money is only little amount. But if you hold you 100$ money on a bitcoin there will be possible that it will be 300$ dollar or more in a year
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spongegar
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May 07, 2018, 02:44:53 AM |
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Preach! Governments and banks fear crypto currencies because it's money from thin air! Banks fear it because ot means less will be investing on them and more on crypto currencies. Governments fear it because aside from banks controlling them, which they are, crypto currencies have no taxation laws yet aside from income taxes.
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maculeth
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BountyMarketCap
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May 07, 2018, 02:46:23 AM |
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they are afraid bitcoin users use it for illegal transactions, such as arms purchases, drugs to money laundering.
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iconicavs
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Business Driven CryptoCurrency based on Assest
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May 07, 2018, 02:52:23 AM |
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these articles are really helpful and as i was scanning and casually trying to understand what are they saying, i could slowly understand your point. in short banks are afraid that bitcoin might be used for illegal purposes? that's how i can see it. we can't blame banks if they are being extra cautious with this because we are also cautious when it comes to our coins right? i just hope they trust bitcoin more that bitcoin will not harm anyone or be used as an abuse in any form
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19Nov16
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May 07, 2018, 03:07:03 AM |
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Yes of course banks admit with bitcoin, when everyone leaves the bank and chooses to make bitcoin to send money it will make the banks business threatened so they will ask the government to banned bitcoin.
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iconicavs
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May 07, 2018, 03:10:38 AM |
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Preach! Governments and banks fear crypto currencies because it's money from thin air! Banks fear it because ot means less will be investing on them and more on crypto currencies. Governments fear it because aside from banks controlling them, which they are, crypto currencies have no taxation laws yet aside from income taxes.
yes sir they are scared of losing clients. their clients would be aware and be wise and might choose bitcoin over them. but personally i think not everyone would do such, there are still people who trusts bank even more.
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xiwanfd
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May 07, 2018, 03:15:21 AM |
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There are two main reasons Banks and governments worry about cryptocurrency:
They can't control the cryptocurrency.
2. Cryptocurrencies are safer, cheaper and more private, and once the average person on the street is aware of this, it is less likely to stop the rise of cryptocurrencies.
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iconicavs
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May 07, 2018, 03:36:24 AM |
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Bitcoin is the real threat to Banks because they can't easily manipulate and control the price movements of bitcoin. They fear decentralization because most of them are corrupt and the root of all scams, they knew the advantages of bitcoin and the benefits of bitcoin to the future.
yes exactly. banks, they could be manipulated by the government and the people in high position but btc, the only people who can control them is the btc holders only as well. in banks, the contributor cannot do anything, only administators.
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Dart315
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May 07, 2018, 03:16:18 PM |
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Bitcoin is the real threat to Banks because they can't easily manipulate and control the price movements of bitcoin. They fear decentralization because most of them are corrupt and the root of all scams, they knew the advantages of bitcoin and the benefits of bitcoin to the future.
yes exactly. banks, they could be manipulated by the government and the people in high position but btc, the only people who can control them is the btc holders only as well. in banks, the contributor cannot do anything, only administators. BTC has open transactions, so I believe we need a more secure and private coin to save ourselves from annoying banks.
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Rollkal
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May 12, 2018, 06:19:14 AM |
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Preach! Governments and banks fear crypto currencies because it's money from thin air! Banks fear it because ot means less will be investing on them and more on crypto currencies. Governments fear it because aside from banks controlling them, which they are, crypto currencies have no taxation laws yet aside from income taxes.
This is absolutely correct, they are afraid of the MOF because the MOF has attracted a lot of investors, they abandoned the bank to move to BTC business, and some organizations need capital to raise capital through the ICO program. Not paying attention to banking as before, perhaps in the future the bank will be frozen completely.
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setialovers
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May 12, 2018, 08:10:12 AM |
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Banks and government afraid on bitcoin because they can not control bitcoin. With decentraziled system, no one authorities can control bitcoin supply or bitcoin price. Its depending on market. Banks afraid because bitcoin or cryptocurrency can disrupting their bussiness. With lower transaction fee and instant transfer around the world, bitcoin beat banks service
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