Quote from: katrimans on May 29, 2016, 03:31:30 AM

Quote from: Cyaren on May 26, 2016, 08:16:52 AM

Quote from: bL4nkcode on April 26, 2016, 03:51:43 PM

Why banks hate bitcoin... And why we no longer need them...

What banks can do better than bitcoin. If bitcoin also have almost all features of banks. Only must have an internet and you can use bitcoin already.

And bitcoin has faster transactions than the bank and more secure I guess.

Banks hate bitcoin because they offer an alternative to the services they offer. But they no that bitcoin is going to replace the dollar sooner or later, it's just a matter of time. They're pretty scared. They don't want to get washed out. They want to continue scamming people under the fractional reserve standard.

They know that once bitcoin dominates as a currency, there will be no need for global money transfers. They were taking so much profit out of those. But now they are gone, because of bitcoin. That's because they hate it.

Currenctly very less options for cashout bitcoins. I don't use any exchange because I don't want to exchange my BTC to $ . Opposite, I exchange my $ to BTC because I think Bitcoin is very good investment for the future , so I am very glad to save it in my wallet , and we can watch the progressive increasing in BTC value , for that I am holding now . and ofcourse botcoin wallets are better than banks

In philippines our wallet provider here gives us lots of option to cash out our bitcoin and there are some banks offering zero fee for every cash out transaction that we made and thats really great for us that our wallet provider keeps us more convenient on using their service, and one day i tried do cash out in bank and when theirs errors occur and tell the bank where do i got the money i said from bitcoin and they said what is bitcoin, damn they dont know what bitcoin is even they are bankers they late of the e currency trend, thats the reason it didnt cross to my mind that banks hate bitcoin because mostly most of them dont know its existing and their are other capitalist dont bother to see it because its unstaible maybe they dont see profitable in the long run.