pepeg Posted January 28, 2019 #1 Posted January 28, 2019 This is yet another example how the big banks are going crazy about cryptocurrencies. This time it's the sixth largest bank in the world JP Morgan that attacks cryptocurrencies, blockchain and Bitcoin Mining. https://all-stocks.net/jp-morgan-lashes-at-crypto-years-away-from-mainstream-will-work-only-in-dystopia-not-worth-mining-bitcoin/ The big banks are terrifed from crypto because they know that it's a new monetary system that can completely decimate them, and they will say everything trying to stop decentralized digital coins.
Kate Posted January 28, 2019 #2 Posted January 28, 2019 Well different banks have different views on cryptocurrencies. Some banks have a good view and believe to adapt it into their systems in the future while some are like " Ugh we wont get any fees due to btc transactions ". There are banks that still like crypto and banks which have changed their view of crypto from bad to good.
talatk Posted January 28, 2019 #3 Posted January 28, 2019 Every year and again and again and again, those banks come out and say it's not safe it will crash and it's a balloon but everybody knows that the biggest balloon are them and they just wanna hide it by changing the point of direction.
KiXxnTRiXx Posted February 2, 2019 #4 Posted February 2, 2019 Ofcourse, Banks do not like what they have no control of.. they also wouldnt be able to inflate this currencies and make crypto out of thin air, so that wouldnt really suit them well.. Bank are crooks, if we made money out if thin air like they do, we would be jailed.,. yet Banks does and has been doing it everyday.. Banks would corrupt crypto, so im glad theyre against it! And would love for it to stay that way.. this would create opportunities for new company ventures to deal with crypto.. which has been occuring and hopefully more to come.. Say no to Banks! When they were going bankcrupt, the people bailed those crooks out with tax payers money! yet when tax payers are not able to pay their mortgage, they get put on the gutter and take your home and re sell! Crooks!
wry Posted February 2, 2019 #5 Posted February 2, 2019 The good news is that the last time Jamie Diamon, a big shot U.S. bank CEO told everyone Bitcoin was a scam it shot up from around $3,000 USD to 17,000 USD so let's hope this latest effort has the same effect! Asking banks what they think of Bitcoin and crypto is pointless, it is a harbinger of people having power over their own finances and financial liberty, of course they hate it.
blueprints Posted February 2, 2019 #6 Posted February 2, 2019 Ive heard about JP Morgan's hate on bitcoin, telling people bitcoins is hopeless and worthless. I think his opinion in really bias though, i mean he owns banks so obviousley he doesnt want any uncentralized currency to be accepted by anyone. Banks fear becoming obsolete.
williamshennie9 Posted February 3, 2019 #7 Posted February 3, 2019 Some banks are open to the idea of crypto. The reason most banks (at least in my country) don't deal with crypto at the moment is because it is unregulated. That is the primary reason why they haven't adopted it.
jackkid Posted March 2, 2019 #8 Posted March 2, 2019 If there is someone against Bitcoin, I believe I will be the first person against them. For me, Bitcoin is the only love
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