All bankers hate BTC, am I right?

[playboy654]

actually, the present banking system hates BTC, not the banks, banks are just trying to figure out how they can get involved with a currency like BTC that they cant control.

All banks do not hate cryptocurrency development Vikas some of the technical issue will be there disturbance for the development of Crypto field under government also the victim for the non development of a non approval for the strike of cryptocurrency so we do not say the only reason is bankers.

[adzino]

They hate crypto currencies because of their own selfish reasons. They fear that usage of crypto currencies can replace them. Crypto currencies are decentralized, this means that no third party needs to be involved during transactions which is what banks actually do. If cryptocurrencies prevail and fiat comes to an end, then banks will also come to an end. If banks come to an end, the people operating the banks will end up being jobless.

[Kolikalex55]

I do not think that banks hate bitcoin I will say more I know a Bank that accepts bitcoins as an investment, but in fact they want to see bitcoin or not it does not depend on them.

[sikkan]

The word hate is not proper one in this situation. I suppose they a little fear 'cause this sphere is out of they control yet.

[gabbie2010]

Full adoption of bitcoin possess a threat to bankers a time is coming when investors will rather hodl their bitcoin in a wallet rather than banking it as fiat thus putting banking jobs at stake that is why bankers will do every possible means of degrading bitcoin so as to keep their jobs.

[audaciousbeing]

This is another of the fallacies that have pervaded the crypto space in my opinion because claiming bankers hate btc means that individuals working in the bank don't want to have anything to do with crypto as a whole forgetting that a lot of them have invested in crypto in their personal capacity as individuals and several others have become account managers to individuals who are engaged in crypto. Eventually, we will outgrow all of this fallacious believes.

[boled]

Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?
NO. in fact they already understand the system that is running and are fully aware of the existence of bitcoin. they are even indirectly benefited by bitcoin users, because the bitcoin transaction bridge is a bank. Depositing users must first buy in the market, they exchange FIAT to Bitcoin, and vice versa. those who need FIAT for the daily needs of attracting bitcoins by exchanging it for FIAT and this through the bank

Do you think the bankers all hate BTC?
Of course not.

Or they have already taken part in cryptocurrency world?
in my country there are many bankers involved in the crypto world, either as traders, investors, or just following developments from day to day. of course this is personally not an institution.

[Argoo]

This is a big exaggeration. Employees of banks that receive wages for their work, rather than a percentage of the profits of banks, almost no matter whether the banking system loses something from the introduction of cryptocurrency, or not. They may, on the contrary, be interested in additional earnings in cryptocurrency. Moreover, it should be recognized that only the top executives of various banks may lose their profits due to partial crowding out of the usual cryptocurrency currency. They may have a hostile attitude towards cryptocurrency.

[pixie85]

They don't all hate it. This statement is a generalization much like saying that all graduates must be smart and all physical workers must be uneducated.
Banks want to slow down the progress of cryptocurrencies and prepare themselves to take over and compete with them. They seem to hate it because they have to. If they support it and it explodes in value it will be too late to profit from it. 

[evanescence]

Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?

Do you think the bankers all hate BTC?

Or they have already taken part in cryptocurrency world?

Looking forward for your ideas.


Detialed discussions and opinions can be checked here as well
https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/

Central bankers - sure. But their whole game is being in private, so don't expect public trashing of Bitcoin.
Bank owners - not necessarily. Their job is to make money, bitcoin is a means to making money. If they're smart, they won't necessarily hate it.
Most hate is fueled by ignorance.

[thesmallgod]

Not all of them. I personally have introduced BTC to a banker and I told him both the risk and potential of the coin. Today he is also into cryptocurrency. I can remember the last we discussed, he was telling me that the world is tending towards technology like blockchain

[Daniel91]

I don't think so.
In reality, banks have to follow certain official rules and regulations.
For example, central bank in my country issued public statement that bitcoin is not currency or financial asset and all banks in the country have to follow it.
But, indvidually, bankers are free to do as they wish, so as private person they can invest in btc and crypto.
In fact, I'm sure that many do.

[FlightyPouch]

Not all of them. I personally have introduced BTC to a banker and I told him both the risk and potential of the coin. Today he is also into cryptocurrency. I can remember the last we discussed, he was telling me that the world is tending towards technology like blockchain

Most the people I knew thought the same thing, that bankers hate Bitcoin and other crypto currencies but in reality, it is not really happening. Bankers don't hate Bitcoin or any other cryptos in fact it might be a good for them since they can find a way to develop their technology, isnt that right?

[beerlover]

They hate crypto currencies because of their own selfish reasons. They fear that usage of crypto currencies can replace them. Crypto currencies are decentralized, this means that no third party needs to be involved during transactions which is what banks actually do.

I believe bankers' opinion is not at all matter for bitcoin as it is anyhow going to replace them. It may take some time but definitely it is going to happen. Because, people from around the world start realizing the importance of having decentralized system for their financial need. Banks are actually devaluing common people's hard work whereas a deflated system increasing the value of people's savings . This core differences will be the key. Yes, that is the real success of of being decentralized with limited supply.

If cryptocurrencies prevail and fiat comes to an end, then banks will also come to an end. If banks come to an end, the people operating the banks will end up being jobless.

No, that will not happen in a single day hence people will be having enough time to switch over to new jobs. Moreover, blockchain based systems will be innovating and creating lots of new jobs hence the questions of unemployment due to this is completely meaningless.

[Olalomi]

Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?

Do you think the bankers all hate BTC?

Or they have already taken part in cryptocurrency world?

Looking forward for your ideas.


Detialed discussions and opinions can be checked here as well
https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/

Some of the bankers had started to key into blockchain technology which has come to stay and some bankers sees ripple as an alternative to bitcoin which is centralized to counter bitcoin which is decentralized what ever the case may be bankers don't have any option than to accept the reality.

[biskitop]

not all, but some bankers hate btc. because BTC goes far beyond their technology, but passes through several state laws that make it illegal. for example btc has not received legal from the government and btc transactions do peer to peer without going through a third party or banker. so it's only natural that there is dislike.

[KnightElite]

Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?

Do you think the bankers all hate BTC?

Or they have already taken part in cryptocurrency world?

Looking forward for your ideas.


Detialed discussions and opinions can be checked here as well
https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/

Not all of banks are hate bitcoin, there are now banks that showing interest in adopting blockchain technology. I am sure that most of the financial institutions will adopt blockchain technology because of its function in our economy.

[geyayy]

That's an overstatement, most banks hate BTC but not all banks hate BTC. In my country one of them started showing interest by mining Bitcoin(article).  

Did a quick search on other countries. Some of them are fine with Bitcoin found this old thread of Bitcoin friendly banks. There's probably more now that Bitcoin is getting bigger year after year.

After all, bitcoin is somehow benificial to them. Bitcoin and banks can go hand in hand and nkt necessarily hate each othet just because of one service that they can provide which is remmitance. We need banjs services other than remittance like loan which cannot be provided by bitcoin alone

[davit putra]

I think everything is inseparable from manipulation, banks may seem to hate bitcoin but it does not rule out the possibility that banks also like the bitcoin system.

[seoincorporation]

Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber.

Do you agree with the sentence above?

Do you think the bankers all hate BTC?

Or they have already taken part in cryptocurrency world?

Looking forward for your ideas.


Detialed discussions and opinions can be checked here as well
https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/

1.- Yes bitcoin is the main enemy of the bankers nowadays, just because they don't have control over it.
2.-Not all of them hate bitcoin, the ones who already become richer just love it, lol.
3.-For sure they are part of it because is a money opportunity, and no one wants to miss it, and less if you are in the money business (like bankers do.)