Topic: Banks against the crypto - page 8. (Read 11942 times)
In ordering representing thither to be a full fall down of the banking process, cryptocurrencies have to be 30 period stronger than instantly. I anticipate that the banking process is that cryptocurrencies buoy daunt just in idea.
I anticipate cryptocurrency is itself not a deposit or humans buoy 't be just their have deposit, so deposits desire doubtlessly develop on the other hand not definetely vanish.
Reason would you add that botanists would move ahead out each as of cryptocurrency. Both deposits and cryptocurrency are economic institutes on the other hand meshing on a dissimilar program and dissimilar adjustment.
In my conclusion it each conditional on on us. Equitable instantly everybody is inactivity this ETF affair on the other hand we should not aid almost it in the basic position. Bitcoin is permissionless. So reason the hach we are inactivity representing any form of leave? It undamaged loony to me. It like that humans get lost what cryptocurrencies rise representing. Counterintelligence resistivity and permissionless. Whether cambers are yet hither in 10 age so we desire be aloof gullible body of sheep.
That is ludicrous. Who affirm trusts would dissappear as of crypto. When you create zillions of dollars in crypto where would hold your cash safety? Is not the cants.
the bank against crypto is certain and in a very long time it will certainly be difficult for the bank to be willing to accept crypto because it is feared by the bank if people use digital currency for transaction and thinking tools will also leave cash
Banks will certainly follow government policies, if the government banned bitcoin, the bank will never accept bitcoin, and this is what makes the development of bitcoin is very slow.
That's also why you've got banks in remote places becoming crypto destinations. Not all countries run their bank regulations the same way.
Crypto is decentralized : there's ample opportunity around the globe!
reviews will allow people to realize that this market will become huge incoming time, they just need to start working out with their knowledge to take advantage of such opportunities.
the bank against crypto is certain and in a very long time it will certainly be difficult for the bank to be willing to accept crypto because it is feared by the bank if people use digital currency for transaction and thinking tools will also leave cash
Banks will certainly follow government policies, if the government banned bitcoin, the bank will never accept bitcoin, and this is what makes the development of bitcoin is very slow.
That's also why you've got banks in remote places becoming crypto destinations. Not all countries run their bank regulations the same way.
Crypto is decentralized : there's ample opportunity around the globe!
Banks will stay and eventually adapt cryptocurrency and block chain technology in the banking system to be able to cope-up with the trend. Of course, they will have to adjust for them to survive, or else people will not be using banks anymore in the future, if they will remain the same.
I anticipate the deposit desire not vanish, as until instantly thither are yet various nation that get regulation and limitations on cryptoccurency. And as the use of the deposit has a immense affect on the thriftiness of a state.
the bank against crypto is certain and in a very long time it will certainly be difficult for the bank to be willing to accept crypto because it is feared by the bank if people use digital currency for transaction and thinking tools will also leave cash
Banks will certainly follow government policies, if the government banned bitcoin, the bank will never accept bitcoin, and this is what makes the development of bitcoin is very slow.
Banks do not even need to adapt after the appearance of cryptocurrency. They will continue to work in their normal mode, since they are fully under state protection. Banks, most likely, will lose a part of their clients due to cryptocurrency, but this will not particularly affect their operations. They will always have enough work and sources of profit.
Although the bitcoin community talks about overthrowing the banks this is something that is impractical and absurd. It wont happen in the next few years at least. What can happen is the growth of bitcoin and the acceptance as an alternative mode of payment and a currency. It does not necessarily need to take over the banks. Fiat will be there in future as well as crypto. There needs to be a balance between the two. Since people take crypto as more of an investment today I see a good future in the hodlers of bitcoin and their profits. Let banks continue to do their thing, and let crypto people do their thing.
the bank against crypto is certain and in a very long time it will certainly be difficult for the bank to be willing to accept crypto because it is feared by the bank if people use digital currency for transaction and thinking tools will also leave cash
Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
Banks do not even need to adapt after the appearance of cryptocurrency. They will continue to work in their normal mode, since they are fully under state protection. Banks, most likely, will lose a part of their clients due to cryptocurrency, but this will not particularly affect their operations. They will always have enough work and sources of profit. 
Banks will always exist and regardless of the adoption of cryptocurrency by the states for circulation on their territory. The functions of banks are much broader than the functions of cryptocurrency. Banks also serve the financing of the economy of each state and lending to its industries. Therefore, banks are and always will be under the protection of states that are interested in the existence of banks.
On the other hand, a cryptocurrency in its nature is not intended to replace the banking system. She can walk in the state only along with the national currencies of the states.
On the other hand, a cryptocurrency in its nature is not intended to replace the banking system. She can walk in the state only along with the national currencies of the states.
That's certainly true, mate. Banks have dominated the financial sector for quite a long time. Even with crypto's breakthrough decentralized technologies, it can never overcome Banks. I believe that the main reason for this, is because Banks are the gateway towards Fiat which is largely backed by the government. Knowing that it's hard to regulate crypto, it's the reason why Fiat is still the dominant form of money nowadays.
Given that some Banks have started to embrace Blockchain technology, it seems that they're more supportive towards crypto than against it. But time will tell us whenever Banks will alongside crypto in this ever-changing world. Just my opinion
The banks will not want to dissappear and also governments want banks because some of people want to take credit from banks and also these people who are country leadership can take a lot of money from banks, so even if crypto will be more used banks will still not dissappear because there are a lot on interest.
Banks have so much money that they can adapt to anything. Just setting up a crypto for yourself.
But now banks are not having that much investor has it was having in the past because people have become educated and they got to know investment with crypto is much better than keeping your money in banks because this process of holding money is not that useful as we can take advantage of holding after investing in crypto currency.
I see many bank support with bitcoin and crypto because almost bank around country have support with bitcoin and altcoin exchange market where always could deposit and withdraw bitcoin to bank by easy.
Banks have so much money that they can adapt to anything. Just setting up a crypto for yourself.
Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
Banks will always exist and regardless of the adoption of cryptocurrency by the states for circulation on their territory. The functions of banks are much broader than the functions of cryptocurrency. Banks also serve the financing of the economy of each state and lending to its industries. Therefore, banks are and always will be under the protection of states that are interested in the existence of banks.On the other hand, a cryptocurrency in its nature is not intended to replace the banking system. She can walk in the state only along with the national currencies of the states.
Cryptocurrency is each almost spread and controlling your have individual chiefs. Botanists are almost centralising possession of cash. With the method that cryptocurrency is fashioned, it causes botanists departure remote IMO. Unless storing and owning crypto importantly betters in designation of person -friendliness. You get to be somewhat technically belletristic to be capable to storehouse crypto safely, as you require to protected it, storehouse inscribed backups, and hold your PERSONAL COMPUTER adroit at each period. As of the technological literacy compelled representing you to be capable to storehouse crypto safely and efficaciously, I think thither desire always be a tutelar deposit - sort servicing available representing the technological commoners to storehouse their holdings.
Jump to: