Banks and instutions want to use blockchain but they not interested that u know

TheUltraElite

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Quote from: Parklane777 on August 25, 2024, 09:20:33 AM

Banks and instutions and goverments want to use crypto and blockchains.

Blockchains maybe, not crypto.

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They allready use it but they want to use and you use their service they use cryptocurrency and blockchain themselfes for their bank but you use that service without even knowing that been used.

I think you are confusing what cryptocurrency is and what blockchain is.

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That's the plan also they are not interested that all the people invest and then make enourmous profits.

Uhh, yeah I guess? Invidiual people are investing in bitcoin for their own gains, maybe banks are doing it too but they will never be public about it.

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Same way like the weapons and defence companies whos selling weapons all over the world don't advertise on TV that invest now and you make huge profit

Defense companies can be invested in by buying their shares. Most of the government sectors are open for public. I dont see why one should not.

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So we can expecting more rules over crypto so it will be harder for average person to make profit and gains on cryptocurrency yes we can still make it but the banks want to themselfes and they will be happy If you use cryptocurrency through them not that you directly use crypto and blockchain off course the central bankers want to be the first ones who invest most strongest blockchains like XRP xlm and tron.

Rules in crypto can be governed by bodies like SEC, but they cannot stop you from investing in bitcoin, latter being decentralized. Lets the banking system do what they want, you can focus on increasing your bitcoins.

pooya87

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Quote from: Parklane777 on August 25, 2024, 09:20:33 AM

Banks and instutions and goverments want to use crypto and blockchains.

There is a difference between crypto and blockchain.

- Banks are not interested in crypto, they may some day make some investment in bitcoin and do weird things like giving out bitcoin loans but that is about it. They will not touch altcoins for the most part.
- Banks are not interested in blockchain (aka the database) because it is the slowest and least efficient and most complicated form of databases. (it works for bitcoin because the decentralization counters its downsides). They are interested in the hype surrounding the technology though. This is why they are trying to create their own centralized shitcoins we know as CBDC.

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They allready use it

Which bank? Which crypto? Where is the proof?

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That's the plan also they are not interested that all the people invest and then make enourmous profits.

You may be surprised to learn that the banks have a lot of ways to make "enormous profits" without needing to touch a very risky volatile and small altcoin market.

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most strongest blockchains like XRP xlm and tron.

These are like the shittiest centralized shitcoins Cheesy

bitmover

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Quote from: Parklane777 on August 25, 2024, 09:20:33 AM

So we can expecting more rules over crypto so it will be harder for average person to make profit and gains on cryptocurrency

Bitcoin was never created for the average guy profits or quick gains.

Bitcoin was created for the average guy freedom and control over his money.

Yatsan

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Quote from: Parklane777 on August 25, 2024, 09:20:33 AM

Banks and instutions and goverments want to use crypto and blockchains.
They allready use it but they want to use and you use their service they use cryptocurrency and blockchain themselfes for their bank but you use that service without even knowing that been used.
That's the plan also they are not interested that all the people invest and then make enourmous profits.
Same way like the weapons and defence companies whos selling weapons all over the world don't advertise on TV that invest now and you make huge profit
So we can expecting more rules over crypto so it will be harder for average person to make profit and gains on cryptocurrency yes we can still make it but the banks want to themselfes and they will be happy If you use cryptocurrency through them not that you directly use crypto and blockchain off course the central bankers want to be the first ones who invest most strongest blockchains like XRP xlm and tron.

I observes that these days, banks, institutions, and governments are increasingly using blockchain technology and cryptocurrencies for their own operations, often without the users' knowledge. The enterprises are deploying the technologies to enhance operation and security with the long arm of impacting the control of systems. Unlike the hedge funds that involve a one-way investment and do not have the nexus of investments during deals, the financial institutions and the governments do not always disclose the returns accruing from their investments in the cryptocurrencies. After all, higher regulation, which is coming with the mainstreaming of blockchain and cryptocurrencies alike, will make it difficult for the average investor to reap huge returns directly. Instead, central banks and institutions can focus on more specialized cryptocurrencies like XRP, XLM, and TRON due to their technological and technical advantages.

serjent05

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As what @franky1 is saying, banks are announcing their participation and usage of Blockchain technology. There are also major bank players that announces their active participation and experiments about integrating blockchain technology into their system like Goldman Sachs and USDC, Goldman Sachs is one of the leading U.S. investment banking institutions. There is also J.P. Morgan and Liink, the Swedish Central Bank and E-Krona. The HSBC uses R3’s blockchain platform for its custody service.[1]

These banking companies publicly announce their blockchain project integration into part of their system. So it is not a secret for the public.

[1] https://blockchain.works-hub.com/learn/Which-Major-Banks-Have-Adopted-or-Are-Adopting-the-Blockchain-

franky1

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banks have been public about getting involved in blockchain tech

everyone on this forum has heard of banks and governments use words like CBDC and if you look at lots of sources like the BIS you will see all the drafts and whitepapers and such. its not a secret. they are simply not interested in promoting bitcoin in their discussions.. they simply want to emulate features of bitcoin and other alts, in the banks own CBDC network

for years now the BIS has had discussions, drafts policies and even whitepapers on the subject. there is a draft which may go into force in january 2025 which would allow banks to hold upto 2-5% of crypto as their own collateral/holdings

even as far back as 2014-5 banks have been borrowing some crypto devs to sandbox test their network plans.. they called it the hyperledger project

DrBeer

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Quote from: Parklane777 on August 25, 2024, 09:20:33 AM

Banks and instutions and goverments want to use crypto and blockchains.
They allready use it but they want to use and you use their service they use cryptocurrency and blockchain themselfes for their bank but you use that service without even knowing that been used.
That's the plan also they are not interested that all the people invest and then make enourmous profits.
Same way like the weapons and defence companies whos selling weapons all over the world don't advertise on TV that invest now and you make huge profit
So we can expecting more rules over crypto so it will be harder for average person to make profit and gains on cryptocurrency yes we can still make it but the banks want to themselfes and they will be happy If you use cryptocurrency through them not that you directly use crypto and blockchain off course the central bankers want to be the first ones who invest most strongest blockchains like XRP xlm and tron.

Well, why don't they? Some services, even governmental ones, have borrowed the concept of blockchains and use their native solutions to maintain, for example, some governmental registries. For example, notary services, which, using the blockchain concept, have more secure registries that do not allow manipulation of data, even if you want to make illegal entries in the registry.

Parklane777

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Banks and instutions and goverments want to use crypto and blockchains.
They allready use it but they want to use and you use their service they use cryptocurrency and blockchain themselfes for their bank but you use that service without even knowing that been used.
That's the plan also they are not interested that all the people invest and then make enourmous profits.
Same way like the weapons and defence companies whos selling weapons all over the world don't advertise on TV that invest now and you make huge profit
So we can expecting more rules over crypto so it will be harder for average person to make profit and gains on cryptocurrency yes we can still make it but the banks want to themselfes and they will be happy If you use cryptocurrency through them not that you directly use crypto and blockchain off course the central bankers want to be the first ones who invest most strongest blockchains like XRP xlm and tron.

Topic: Banks and instutions want to use blockchain but they not interested that u know (Read 74 times)