The truth is that banks want money and they will certainly accept crypto because of the needs of their customers and of course the high profits to come
We are not entirely sure if any large Banking corporation will accept Bitcoin or not. So far it is not looking so well.
Topic: Banks will always be against cryptocurrencies? (Read 2903 times)
It's a big problem if bitcoin and banks are not partners because some banks is already accepted in other countries you can buy some crypto coins.
The truth is that banks want money and they will certainly accept crypto because of the needs of their customers and of course the high profits to come
We are not entirely sure if any large Banking corporation will accept Bitcoin or not. So far it is not looking so well.
The truth is that banks want money and they will certainly accept crypto because of the needs of their customers and of course the high profits to come
Cryptocurrencies definitely represent a threat to traditional banks, most especially if they ignore new consumer behaviors and preferences when it comes to how they transact and transfer money.
Of course the bank will always oppose the cryptocurrency, because the existence of cryptocurrency can disrupt banks and become a threat to banks, where bank customers will be able to switch to cryptocurrency which indeed promises great profits in investing in it. By looking at this fact, I am sure that at any time the bank will always oppose the existence of cryptocurrency.
Banks will make a way to control our money in crypto. They have a joint study with banks and crypto so i yhink in the near future banks are accepting crypto strategy to control the money.
yes hopefully what you say is true. because until now none of this has happened yet and the bank still has not received crypto in circulation. we all want the bank and crypto to work together well. but we don't know how it will go in the future, between banks and crypto.
The bank opposed the cryptocurrency because banks think cryptocurrency are competitors and can reduce bank profits if many people choose cryptocurrency. Cryptocurrency are technology, and in the future banks are more likely to receive cryptocurrency.
Crypto currency craze is increasing day by day and use of bitcoin or altcoin is becoming a basic need of big investor and many company due to the digitization of currency every where in the world. There is no restriction to do any transaction any time and any where but banks have many limitation that's why banks are against the cryptocurrencies.
Some banks are not against cryptocurrencies but majority of the banks are against crypticurrencies. Though it all depend on the country.
Banks will make a way to control our money in crypto. They have a joint study with banks and crypto so i yhink in the near future banks are accepting crypto strategy to control the money.
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Yes, Bitcoin would be an imminent threat to the bank. Bank and Bitcoin are in the opposite side of the financial system, banks being the centralized system is the current system adopted worldwide and even the government benefited from this institution and the Bitcoin is the decentralized one and it doesn't need any third-party to go on.
I do not believe that Banks would be against crypto currencies because cryptos opens possible product that can be cater by the banks. Banks can soon offer bitcoin deposit transaction and many more related products. With the product opportunities that could help banks to grow more as a company and more income possibilities.
yes. i agree with you that Banks will always be against cryptocurrencies because they are different in their operations. Centralized (Banks) and Decentralized (crypto).
I think to combine blockchain technology with banks is very unlikely. because the decentralized nature is very unlikely to join the bank
this is very true. because if they don't do that. Cryptocurrencies will kill the bank
Why do you think of that? How can you say that cryptos will kill the banks? You have no supporting statements about that. For me, cryptos will not kill the bank. It is still needed in a country and banks can use the technology that these cryptos are using for improving their transactions. They might apply the Blockchain technology or maybe depend their new technology to it.
this is very true. because if they don't do that. Cryptocurrencies will kill the bank
Why do you think of that? How can you say that cryptos will kill the banks? You have no supporting statements about that. For me, cryptos will not kill the bank. It is still needed in a country and banks can use the technology that these cryptos are using for improving their transactions. They might apply the Blockchain technology or maybe depend their new technology to it.
what if banks issued their own cryptos, kept wallets safe..issued crypto loans, exchanged etc
blockchain is just one aspect of the whole thing..and the ledgers could be encrypted so transactions could be kept private.
so banks do have a future,, if they wake up to the new reality thats looming
blockchain is just one aspect of the whole thing..and the ledgers could be encrypted so transactions could be kept private.
so banks do have a future,, if they wake up to the new reality thats looming
It is true Banks will always be against cryptocurencies because there is no possible way for these two entities to corporate each other or help each other because crypto are consider to be decentralized when banks are centralized so there is no way that banks can benefit from cryptocurrencies and there is no way they both can exist in one space so banks are always against cryptocurrencies
Banks would rather not to see cryptocurrencies in the market but they are not able to do that. While they are trying to find adopt criptocurrencies to their system, they also use their force in order to keep cryptocurrency market cap lower.
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