Quote from: JTEN18 on December 07, 2017, 04:08:05 PM

Quote from: Coinanalysis.io on December 07, 2017, 04:00:51 PM

Quote from: BadGhost on December 07, 2017, 03:53:21 PM

I dont know guys. I dont think the banking industry even cares about bitcoin. Recently, my work put me in contact with the Head of Czech National Bank and naturaly I have asked about bitcoin. He did know what bitcoin is, but his knowledge was limited. He was of the opinion that its irrelevant and that it has no future in public finance. I know that Czech Republic is not the most economicaly strong country, but I think it might be similar else where.

The Banks want Cryptos dead, its direct competition to them. Why would you want to pay a 10$ for an international wire payment, when you could send some ___coin instead?

Of course banks really cares, a lot of users are really wanting to invest in bitcoin rather than investing in bank which gives you just a bit profit. It casuses a big impact to them the money circulation that must be for them is now in bitcoin so they are really manupilating it.

But how often do you even make international transfer? You need to pay for day to day things and you dont use bitcoin for that. You also need to take loans you also dont use bitcoin for that. You need some cash which bitcoin is still unable to replace. I am doing Ph. D. in financial law and I focus on bitcoin, but I totally understand that the banks do not care about it. Dont forget that the blockchain technology is available to everyone. Banks can create and they already did their own settlement network based on bitcoin technology.