Post
Topic
Board Bitcoin Discussion
Re: When will banks start a war against bitcoin
by
futuristic18
on 05/03/2018, 07:21:19 UTC
I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?

Blame game is always there, between the similar system. Same is in this case too. As i feel, there will never be a war like situation.

Bitcoin is gaining popularity and stating that its been used in illigal activities or money laundering its just an accusations (you said it yourself). Bitcoin as other currencies, can be used for any purposes as per the wish of the holder.

Banks are run by government regulatory bodies and can never start war against Bitcoin if its legalised in the country.