Topic: Banks will always be against cryptocurrencies? - page 21. (Read 2923 times)
Blockchain technology is taking over the world as new projects are emerging to solve many problems. Most projects that are related to the world of finances have already incorporated blockchain technology and think this is a step in the right direction for blockchain technology.
They started threatening cryptocurrencies when it first came. Nonetheless btc has conquered from that time and that shows the kind of coin we are dealing with. We just have to look at them do whatever they want but one thing s there is no way to stop cryptoccurrencies.
I think looking at the short term it is quite possible that banks will rise against crypto but there's also a chance that if crypto becomes more trusted then banks will find a way to harmonise with crypto. It's not all definite.
I believe so.I think banks will probably accept crypto transactions in the near future.Since crypto development and its utilization is already growing,then bank transactions with crypto will now be inevitable.Instead of having them as great competitors,i know they will surely work hand in hand to give fast and efficient service to the people.
I think the reason is that they know one day when cryptocurrencies are accepted all over the world they might end up closing their banks because of the decentralized form of crypto.
I think looking at the short term it is quite possible that banks will rise against crypto but there's also a chance that if crypto becomes more trusted then banks will find a way to harmonise with crypto. It's not all definite.
Banks should stand and see how to explore the great opportunities that cryptocurrencies offer.
I think it's time for people themselves to stand up and take things into their own hands, because there is no way that banks will help you to get involved in decentralized crypto currencies.They are out to continue to function as central party where each transaction requires a certain form of permission and fee to boost their revenue and profits. Crypto goes against everything banks stand for.
Crypto is far from perfect as means of payment, largely due to the volatility and very limited scalability, but with second layer solutions we should at least come a little closer to our end goal.
People aren't yet interested in using crypto as means of payment, and that gives Bitcoin enough time to have the lightning network mature even further. Bitcoin's future looks brighter and brighter as time goes by.
from the beginning of the emergence of crypto banks always opposed crypto, this happened because a lot of investors in banks turned to crypto. but in the foreseeable future I believe that crypto and banks can be connected and become a new technology
Recently I read a post which stipulated that banks are trying to understand bitcoin, blockchain and their associated operations so that they can easily incorporate it into their activities. Banks will not hate bitcoin forever, the mindset will change.
Banks are aware of the benefits and opportunity that cryptocurrencies avail to all individuals. This alone should be a driving force that serves as a threat to them since they have very little and obsolete services to offer. I think this will be the major reason why banks will be afraid of cryptocurrencies.
Banks will always be against cryptocurrencies? Yes also NO.
Yes. becaus In my county if people alrady know about cryptocurrensy most of them only use bank for change their crypto into fiat because save money in bank is unprofitable because of that bank against crypto
NO. Sometime bank also make cryptocurrensy as partner business and I think crypto's worlds is also influenced by banks
Yes. becaus In my county if people alrady know about cryptocurrensy most of them only use bank for change their crypto into fiat because save money in bank is unprofitable because of that bank against crypto
NO. Sometime bank also make cryptocurrensy as partner business and I think crypto's worlds is also influenced by banks
I do not about that ,I am always if the pisitive way that in the future if the cryptocurrency will be accepted worldwide then as a financial business institutions banks ,would really get into or collaborate with cryptocurrency technology and accept cryptocurrency yransactions in the near future.
Yes much well agreed because much and more money is going into crypto. If one can check thr statistics now, we could see that, more people are investing heavily into cryptocurrency.
No matter the stand of banks against cryptocurrencies, the truth is that we can not continue with the norm forever. The human mind is open to ideas and blockchain technology is one of them. When the cashless society idea came, banks kicks against it until they found it interesting. Now they make good revenue from the process. Banks should stand and see how to explore the great opportunities that cryptocurrencies offer.
it's ridiculous to have to see those parents who remain opposed to blockchain technology and still deify their traditional systems.
maybe this will take several more generations until the person behind the bank is replaced by someone who is revolutionary who can see more about future technological opportunities.
No matter the stand of banks against cryptocurrencies, the truth is that we can not continue with the norm forever. The human mind is open to ideas and blockchain technology is one of them. When the cashless society idea came, banks kicks against it until they found it interesting. Now they make good revenue from the process. Banks should stand and see how to explore the great opportunities that cryptocurrencies offer.
Correct i agree with you mate banks will not all is against cryptocurrencies, some other banks accept bitcoin to convert into fiat, people making issue to banks betwwen cryptocurrency to make an understanding partnership to blame the people.
No transaction or other fees here!!!!Obviously BANK go loss and in tern BANKs against Cryptocurrencies!!!!! 
Of course they will because bitcoins has shown up to turn whole economic system (including banks of course) upside down. So it's normal banks are against to bitcoin. Bitcoin's nature completely unacceptable for traditional banking system.
As most of the people frequently ask that the banks are against the bitcoin because it can cause them the damage if it would be easy to reach and more common to regulate the banks are going to be in huge loss and their profit amount would also be reduced so that they both can't stay side by side with each other with hands in hands.
I'm not convinced in that. Currently it looks like banks are against cryptocurrencies as their main competition but in fact they are well aware they have to keep the step with future to survive and to stay competitive.
And let's be honest, banks are only after profit and they know Bitcoin and cryptocurrencies will bring it to them.
So, to my opinion it will not have to take so long before banks start to provide to their clients Bitcoin related services.
And let's be honest, banks are only after profit and they know Bitcoin and cryptocurrencies will bring it to them.
So, to my opinion it will not have to take so long before banks start to provide to their clients Bitcoin related services.
In the long run, this might happen but as now the reverse is the case but that's not really surprising considering the initial response to change. I think as time goes on banks will definitely have no choice but to face the reality and incorporate the blockchain technology services into their system.
the Bank is very interested in the technological innovation behind crypto currencies, and this is proven by the creation of its own virtual currency in several central banks based on the blockchain and hopefully in the future the Bank will accept bitcoin as a legitimate virtual currency
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