All bankers hate BTC, am I right?

[dupee419]

No, not at all, here in my country there is a bank whom I shal not tell is actually accepting BTC and will replace your BTC into fiat and then you can actually cash it out without even taking any transaction fees, they do it for free, I just know that they wilk benefit from here because they will not do this if they will not take any kind of profit or incentives from doing this.

[Halmater]

These people are experts to overcome many problems but they couldn't find a solution when it comes to cryptocurrencies. Although they couldn't find a way get out, they are trying to evolve cryptocurrencies, especially BTC, to something they use them for their advantages.

[jpnl0005]

I don't agree with the statement the point I want to make is the banks have not gotten the proper orientation about bitcoin the use and the positive things that are attached to it then they will begin to adopt it into their own system as well thanks

[Maamejane]

Well they might hate Bitcoin but trust me not in totality. Although this digital currency is really causing them some challenges, lets not forget that some banks also has also started incorporating the technology behind digital currencies in their day to day administrative work which is paying of for them.

[samcrypto]

Not at all since many banks now are ready to adopt blockchain technology, because they realize that its good for them to use it. Some are still in a resistance mode, and we cannot force them to invesr if they don’t want to for sure they know the threat and banks are already preparing for that, so let the time convince them to adopt.

[A7373]

Not all. I know some very fluent bankers who like cryptocurrency but they dont talk about it.

[nydiacaskey01]

Not "all" hates Bitcoin. Here in my country there is bank that recently uses Blockchain technology and they even won an award for it. Other banks are following their move. It just the investment risk that Banks don't like about Bitcoin. They will not recommend it and say its high risk. They only protect their clients. They will accept deposits from earnings from Bitcoins.

[Barcode_]

I still believe there will be bankers around the world who have invested their own money into bitcoin, and they could always choose to remain anonymous with their investment in bitcoin. Since the banks are powerless to shut down crypto-currencies exchanges operating around the world, I am not really concern about bankers views on bitcoin at the end of the day.

[setialovers]

I think bankers will take advantages from bitcoin market. Bankers already have a lot experience about financial market and i think they dont really hate bitcoin. We see it right now many bankers start to invest in cryptomarket at cheap price and they just want to make profits from this market

[gendang_cinta]

I still believe there will be bankers around the world who have invested their own money into bitcoin, and they could always choose to remain anonymous with their investment in bitcoin. Since the banks are powerless to shut down crypto-currencies exchanges operating around the world, I am not really concern about bankers views on bitcoin at the end of the day.

I also believe because actually investing in Bitcoin is very interesting, rather than stopping it, it's better to participate in Bitcoin because it can be very profitable.

especially at this time the development of Bitcoin cannot be easily dammed so it is better to take advantage of the existence of Bitcoin.

[shoreno]

I think NOT. Some people I know who works in the bank is also investing in Bitcoin. SHHHHH

Not only bankers but also bank owners .  on our country many banks here are now supporting cryptos and we now even have bitcoin atm's here  .

 in this world that were living , there are always haters not only on cryptos but almost on all things  because god intented it to be that way  .Anyway , aside from haters ther are also doubters .  they are the ones that willing to try but they are afraid of what will get . this also applies to cryptos , some banks didnt hate btc but their are doubting knowing that btc isnt really legal.  they are also afraid to take its risk because they think that volatility can cause them a loss  .

[TheClownSong]

Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.

[szpalata]

Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.

I don't think all bankers or banks are BTC haters but of course everyone is somewhat opposed to competition and since bitcoin and the blockchain technology got on the scene there are many financial institution who are scared of the unknown and don't want to be rendered obsolete in the future since they cannot compete with bitcoin and it's blockchain's ever evolving technology.

[wildey]

Maybe Bankers hates bitcoin because bitcoin can disrupt banks bussiness. But as far i know, banks have a lot bussiness beside saving and transfering money. Right now, many banks have investment bussiness and insurance bussiness and i think bitcoin should be not disrupting banks bussiness.

yes, I also don't think that banks hate bitcoin. it's just that, I feel that the bank's performance is indeed a little distracted by the existence of bitcoin. well, but on the other hand, I feel that banks also use this technology.

[bitbunnny]

Actually I don't agree. It's true that some see it as competition and a factor that could make serious disturbance in well established economic system but I wouldn't say that bankers hate Bitcoin. They are just very cautious.
Also, I think their attitude has changed over time and they also realize Bitcoin could be one source of profit for them too. But they need legal and legitimate assets for business so for banks to accept Bitcoin one of the primar conditions is regulation. To my opinion with time situation will further improve in favour of Bitcoin but such changes don't happen over night.

[MidKnight]

I guess that is true. Here in my country, my fellow bitcoin traders are very cautious on answering the employee of the banks whenever they asked us about our source of our income. We often say it is from freelancing because it's much better to say that because if not then there is a chance our account could get closed.

[killat]

Yes, bankers hate bitcoin because one day it will replace them and because bitcoin's security is much better.

If you would know the amount of money banks and companies like Visa and Mastercard lose every year to hacks and other schemes... Hundreds of millions. But they don't say anything and assume the loss.

Crypto is much safer than cash or credit cards. Of course there are those who claim the opposite.

[erikoy]

No and they should not hate bitcoin banks were really useful when you made some payments to buy out crypto. We could not just trust any third parties that could be trusted with transfer of huge money. Besides exchanger for crypto does need this banks to receive payment to which banks could earn. The more crypto conversion to be made the more these banks will going to earn.

[iqlimasyadiqa]

no, there are even many bankers who do support the use of bitcoin. many bankers are aware that bitcoin has many benefits and when applying bitcoin technology to banking it can push the bank to be much better. Current technological advances make many people invest in the technological revolution, including the current financial system revolution to become a financial digitization system.

[mriansa]

I'm sure not all banks that hate bitcoin and the technology that is owned by bitcoin, it is proven that there are many cryptocurrency that can work together with several banks such as one ripple, XLM and several other coins. whereas for bitcoin I am sure they use a lot of blockchain technology for further modification but the system is almost the same as the blockchain.