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Topic: Banks will always be against cryptocurrencies? - page 23. (Read 2923 times)

newbie
Activity: 30
Merit: 0
I see your point but for me, banks will soon accept cryptocurrencies because of the development of cryptocurrencies, it will be used all over the world soon.
newbie
Activity: 32
Merit: 0
I think that the bank will eventually accept the reality and accept bitcoin in a transaction to make fiat.
Bitcoin will continue to grow, slowly the bank will accept bitcoin and will have its own altcoin and will later create a community by attracting customers or customers. As time goes by it will definitely happen.


Also, seeing what Ripple - the bank's protector - did, it's possible to assume that the most powerful banks will create their own crypto and then manipulating it the way the want. In this case, even btc investments isn't needed. A simple and genius scheme, really. With banks' power, they can easily promote their coins and take advantage of it. It may become a great scandalous of a global scope, but who cares?!
full member
Activity: 507
Merit: 100
Bankers are people who are only interested in their own material wealth. If the profit from the use of blockchain technology is not reduced, they will use crypto-currencies.
newbie
Activity: 32
Merit: 0
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.

Banks will be against crypto until they control it. Well, considering it's happening now, chances are banks will make profits of crypto and support it in the nearest future. So what happens now is declining crypto and loading up on it at the same time  Smiley
full member
Activity: 588
Merit: 100
I think that the bank will eventually accept the reality and accept bitcoin in a transaction to make fiat.
Bitcoin will continue to grow, slowly the bank will accept bitcoin and will have its own altcoin and will later create a community by attracting customers or customers. As time goes by it will definitely happen.
full member
Activity: 630
Merit: 102
People in which money were conch also thought that there is nothing better. But the world does not stand in one place. But we have a future in us is bitcoin now !!!
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
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 most banks will fight Bitcoin if they can. Some may find ways to adapt rather than resist. But most will do that. Bitcoins can perform direct trades instead of intermediaries. That saves both time and costs. What Bitcoin saves to the user is actually what the bank does not do. And they must keep their resources by fighting it.
member
Activity: 350
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.
There may be a few banks supporting Bitcoin. But not so that you can believe that all banks do it. Actually banks will not be able to function as before Bitcoin appears. A fee will be deducted from the previous transaction. Bitcoin can perform this function more effectively for users.
member
Activity: 322
Merit: 10
I think Bitcoin is valuable thing or an asset to people for they want Bitcoin. For lile any other currency, Bitcoin follows the rules of aupply and demand of the economy. This helps people to make trade easier, enabling holders to convert goods into a widely tradable commodity through the business sale and then it uses to purchase nearly anything.
member
Activity: 225
Merit: 10
not all banks disagree with cryptocurrencies, many also support and not a few in various countries depending on the regulation of a country to approve and also strict regulations also make banks afraid to approve cryptocurrencies.
member
Activity: 322
Merit: 16
yes maybe that's the right thing because as we know there are no bank banks in the world who work together using crypto currency, because maybe they still consider crypto is not a safe thing, or even become their rival because crypto has a low cost in each transaction
jr. member
Activity: 546
Merit: 3
Banks are interested in making more money, if accepting cryptocurrencies will earm them more money. They will definitely start accepting it sooner or later.
full member
Activity: 337
Merit: 102
I think Yes, because it is not profitable for them to accept a blockchain that is much safer and more profitable than Bank deposits.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Banks are interested in Blockchain technologies, because it will streamline their business and that would put more money into their pockets. The savings as a direct result of more efficiency will not be channelled to the clients, but rather into shareholder pockets.

Banks will hate any technology that might cause their client base to shrink, because there will be less money being deposited into Bank accounts and less money for them to make available as loans.  Roll Eyes
jr. member
Activity: 140
Merit: 1
This is just an undeniable truth and very soon most banks will accept crypto currencies to better their functions if not most attention will shift from national currenciess to a global cryptocurrencies and if that be the case most bank will make the best move and as fast to function well through acceptance of crypto.
member
Activity: 434
Merit: 10
When viewed by banks in the world some do not accept crypto and some accept crypto as a transaction replacing fiat because this will be useful for the future especially now that crypto is so liked by the public, then in the future all people have used bitcoin as a transaction
sr. member
Activity: 700
Merit: 300
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.

Or it could happen that banks will create a completely a different world of online currencies or what we call it today "digital currency" based on the blockchain itself. I mean why would they rely over the existing crypto currencies or lets say bitcoin if they can invest in creating something of their own and controlled? If they want the end result to be regaining of capitalism then they can do it by selling their own currencies itself. Accepting the bitcoin or other suitable coin would be like going off the route they are having and it may not be healthy for their economical growth. I just believe that banks are smart enough to work out their own math rather than relying on some else's math!
legendary
Activity: 1666
Merit: 1001
I doubt bank will accept crypto fully, if the bank want to adopt crypto there will be a lot of regulations that are going to violated the crypto currency purpose, I knew that there are bunch of bank ready to accept crypto but the bank only want to adopt some crypto, not all crypto
sr. member
Activity: 1036
Merit: 273
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.

Agreed it is a never because banks can use this cryptocurrencies of our to earn money and a fact that it can help us more.

Plus one more thing to ask.

Where did you get this information? What is the world you got this idea Iam not againts you but your explaining this and telling it like we do not know but if some do not know say it like you got this information from somewhere like links.


jr. member
Activity: 166
Merit: 1
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 sounds pretty more awesome that Banks today is having interest in use blockchain technology into its system of process due to the potential of blockchain. Blockchain technology is unavoidable, it comes as the world movement that tends to run on digital era. Therefore, blockchain comes and brings its advantages and value for it. It should not be against by banks, but banks should incorporate blockchain technology to build greater process and service for customers.
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