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Topic: Banks will always be against cryptocurrencies? - page 19. (Read 2923 times)

full member
Activity: 392
Merit: 100
I think that banks are not always against cryptocurrency. Already many banks want to provide services related cryptocurrency custody. I think they do not want to lose customers and will try to adapt to something that is gaining popularity.
Bankers are worried that crypto market growth rates will have a serious impact on their operations. Banks seem to be fighting cryptocurrency to slow down their growth rate. Many banks have recently banned their customers from buying cryptocurrency with their credit cards.
hero member
Activity: 1834
Merit: 566
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
As long as the country where the Bank is located still prohibits Bitcoin, the Bank will actively reject crypto currencies. For banks, given the high volatility of crypto currencies, this will be too risky, they will not be involved in this.
You're right cause the rules and regulations of the countries where the Banks is located will determine how banks will appreciate bitcoin and regarding banks not to be involved with crypto currencies due to high volatility is all a lie cause the banks in Switzerland, Malta etc are involved in cryptocurrency.
member
Activity: 345
Merit: 10
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
I think banks will follow the trend. If people use btc or cryptocurrency more widely, the bank will also introduce policies to serve the users, as well as assist them in the transaction. borrowing, depositing, etc. so I think in the future banks will accept btc soon
full member
Activity: 420
Merit: 100
BRINGING MAGIC
The Banks like a crypto. The Government doesn't like crypto and don't want to work with her!!
full member
Activity: 602
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VANM - VIRAL ADVERTISING NETWORK MINING
There are still many countries that oppose crypto, so I think many banks will comply with these government regulations.
But there is no need to be pessimistic, there are still many banks that will provide opportunities for crypto to develop well.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.


the fact is that in some countries that prohibit crypto, banking is the one that strictly prohibits cryptocurrency. especially for Asian countries, in my opinion this would certainly be a debate. banking is only interested in the blockchain system. not cryptocurrency
full member
Activity: 434
Merit: 101
Yes but not all as we know that there is an existing cryptocurrency that is backed by banks around the world and that's in the presence of Ripple. So why not other banks follow what other banks are doing? For me, it is better to have a hybrid banking system in which blockchain is integrated into it.
sr. member
Activity: 784
Merit: 314
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

it seems that it is very unlikely to happen, because the bank system already has regulations, where the financial that can be used based on having a real physical not in digital form. So the possibility for cryptocurrency to be accepted in a bank seems very small.
full member
Activity: 686
Merit: 227
I think that banks are not always against cryptocurrency. Already many banks want to provide services related cryptocurrency custody. I think they do not want to lose customers and will try to adapt to something that is gaining popularity.
full member
Activity: 406
Merit: 100
For sure. As they are the only ones who will suffer big losses once blockchain transactions become mainstream. There are to many benefits and it is just a matter of time when it will happen.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Lol look around the forum and you will find that banks now are adopting blockchain as their technology needs this action to go with the flow of cryptocurrency,so what you are saying is now accurate that banks will always against crypto,

We don’t need future because they are starting now accepting crypto and trust me this won't take long before we see banks action towards our currency
jr. member
Activity: 350
Merit: 1
No eternal enemies and friends! Only forever benefit!
When the cryptocurrency has an interest in the bank, the bank will support the cryptocurrency! A bank in Germany uses BTC for international transfers!
In the future, cryptocurrencies will help banks develop better!
hero member
Activity: 729
Merit: 502
I think they will not. Because someday they will start accept cryptocurrency somehow Smiley And I think that it is the win-win situation!
full member
Activity: 714
Merit: 100

if they are against cryptos then why most of the banks nowadays are now supporting crypto withdrawals and cash in? Hmmm??

Maybe not all banks because most banks are totally okay with crypto.

The trusth is that Banks do not need cryptos, they are just fine by making money with curent system.
Cryptos as alternative payment system is taking away bussines from them , they do not need it.


crypto doesnt take any business not even from banks . infact crypto helps the banks because crypto investors will always need a bank account to transfer and withdrew their crypto earnings .

Maybe some banks are threatend because they think all people will move their investments on cryptos , which isnt actually true because cryptos is also verry risky .
member
Activity: 364
Merit: 13
The trusth is that Banks do not need cryptos, they are just fine by making money with curent system.
Cryptos as alternative payment system is taking away bussines from them , they do not need it.
sr. member
Activity: 532
Merit: 250
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
As long as the country where the Bank is located still prohibits Bitcoin, the Bank will actively reject crypto currencies. For banks, given the high volatility of crypto currencies, this will be too risky, they will not be involved in this.
jr. member
Activity: 125
Merit: 1
those who oppose the crypto currency are government not from the bank, actually with the technology owned by crypto will give changes in the banking system, we know the crypto currency transaction is currently free of corruption and the holder who controls the value of the crypto currency
jr. member
Activity: 280
Merit: 1
As of now maybe banks are againts the cryptocurrency technology, but as soon as time goes that the cryptocurrency will be worldwide recognized by every country ,state, nations then banks as finance business will really be joining and accept cryptocurrency in that time because bitcoin is a business and profits so the banks will adopt the crypto .
jr. member
Activity: 616
Merit: 1
I agree with you to an extent but the majority of banks that are currently kicking against bitcoin are those who haven't found a way to tap into the huge capital of cryptocurrency. Banks are only in when there is money to be made and as much as they find a way to do that they will be all in for it.
hero member
Activity: 980
Merit: 500
The reason why banks will always be against cryptocurrencies is that, since btc in its nature is a decentralized cryptocurrency and that they will not get anything from it when they allow all people to accept it.
Many banks dislike bitcoin because of its decentralised, which creates trouble for banks and affects their profit and progress. Many country ban bitcoin in their country because their nation banks are against of bitcoin. Bitcoin provide their its user an untraceable and uninterrupted money transaction facility. In order to complete an transaction through bitcoin their is no need to give full information of sender or receiver and because of this many people like to use it in comparison to bank. And bitcoin fast, secure transaction facility also attract many people use it. And Because of this national bank loose their profits.
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