alfs75
Full Member
 Offline
Activity: 392
Merit: 100
platform for everyday business
|
 |
August 25, 2018, 02:38:33 AM |
|
will,in this situation supposedly banks should not fear about cryptocurrency thats its will alter them someday and bring into a different country as a cashless society,instead of helping each other to improve the economic growth and social responsibility,otherwise sometimes we could not blame the banks thats its feel fear about crypto,because they thinks once the digital system would be regulated,evertyhing about money currency would be changes into digital figures. |
|
|
|
|
|
|
|
|
|
|
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Eigig
Newbie
Offline
Activity: 126
Merit: 0
|
|
August 25, 2018, 03:57:23 AM |
|
This will be the effect of crypto currency that that are now rising on top, the banks would really worry because some of their clients will have possibility of shifting investments from bank to cryptocurrency and this bank is a financial business , and they can not afford to lose profits ,that is why they fear about this bitcoin technology .
|
|
|
|
|
Portia12
Full Member
Offline
Activity: 434
Merit: 105
ADAB ICO
|
|
August 25, 2018, 03:58:02 AM |
|
Of course they do, it's a whole new system that surpasses them and it's not even for their benefit. Bank system is totally different, it'd hard for them to adapt.
Obviously banks will really fear cryptocurrency because the market price and growth of bitcoins is continuously growing, that is the reason why you should hold your coins today or invest even more in the market. |
|
|
|
|
kaisa
|
|
August 25, 2018, 04:07:38 AM |
|
Banks should not be afraid, because this is a new economic revolution so they only need to adapt and observe to control the exchange activities of their respective countries. I think the news is polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos also orders, these videos are also not circulating anymore. The bank currently earns a lot of income from credit, while the money transfers that benefit are not banks, but transfer systems such as Mastercard and visa. so, the bank is afraid of cryptocurrency is wrong, but the shipping system entrepreneurs who fear their income is reduced. |
|
|
|
|
|
UchihaRukawa
|
|
August 25, 2018, 04:07:43 AM |
|
In my opinion, banks are afraid of cryptocurrency because of the fact that cryptocurrencies are held virtually, meaning, people are holding as much money as they want without having someone or a third party to mediate with, and this means you alone are controlling whatever amount of money you have. So the bank is technically not needed any more.
|
|
|
|
Indai24
Member
Offline
Activity: 448
Merit: 10
|
|
August 25, 2018, 04:41:24 AM |
|
In my opinion, banks are afraid of cryptocurrency because of the fact that cryptocurrencies are held virtually, meaning, people are holding as much money as they want without having someone or a third party to mediate with, and this means you alone are controlling whatever amount of money you have. So the bank is technically not needed any more.
I don't think that banks are afraid of BTC, there's nothing to be afraid of because banks are the most stable and when it comes to security they are the most reliable. |
|
|
|
|
muzammilshah093
Newbie
Offline
Activity: 19
Merit: 0
|
|
August 25, 2018, 04:50:57 AM |
|
I think governments are testing crypto potential, if it can be oppressed by some shitty news then why anyone should go for crypto. I think its being test to know the scale of crypto and its potential as substitute for paper money. sooner or later you will see everywhere crypto currencies or you may call National Digital Currencies . because it is traceable, transparent, secure, protected, has governance, instant transfers
|
|
|
|
|
nathanielpogi
Newbie
Offline
Activity: 85
Merit: 0
|
|
August 25, 2018, 05:13:56 AM |
|
Banks gets their income from client's money, and this won't be suprising specially if the government is there to back them up.
The government and banks might have seen crypto's potential that some of us might not yet and they're now doing anything to stop it.
Let's wait and see what crypto would be in a few years.
They really must admit it because of the blockchain technology innovations they can be deleted or surpassed by cryptocurrency. In the aspects of the transaction, they are not needed if the cryptocurrency will be adopted there will be no middleman third-party fees to pay with. |
|
|
|
|
|
sumanto
|
|
August 25, 2018, 05:22:58 AM |
|
Yes, you are right, maybe this is indeed a bank that is very scared if customers leave the bank and leave the bank, which will eventually choose to save the money in cryptocurrency and eventually the bank will go bankrupt.
|
|
|
|
|
Theackdyo
Newbie
Offline
Activity: 27
Merit: 0
|
|
September 08, 2018, 10:50:11 AM |
|
sure banks certainly afraid approximately cryptocurrency lifestyles. Banks and crypto may have a warfare sooner or later and possibly crypto can be the motive in their bankrupts at some point due of people did now not store their cash in banks while humans have sufficient know-how in crypto genuinely humans choose to put money into crypto.
|
|
|
|
|
Caubethamaner
Newbie
Offline
Activity: 67
Merit: 0
|
|
September 12, 2018, 07:47:46 AM |
|
Banks are indeed very powerful but at the same time their power comes from the people, if at some point people decide to take that power away from them they will be unable to stop them and I think that is what we are seeing right now and that is why they are so afraid, they are starting to see signs that this may be starting to happen.
|
|
|
|
|
|
