we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!
Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity
if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK
Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.
I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time" so we are going to see a gradual increase in adoption as time goes
I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success
probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different
Yes, implementations of such practices do take a lot of paperwork, regulations, etc, but in all, both parties want to make money, is a battle for survival, one third of the world is still yet to embrace cryptocurrency, the awareness is still yet to be known and if wildly accepted in the future, which they will,it will be an easy ride to implement such structure as the Forty Seven Bank