Topic: Banks will always be against cryptocurrencies? - page 3. (Read 2903 times)
Its not surpricing that bank will against bitcoin it because bitcoin is a threat on them. Imagine bitcoin can make your saving twice or more in one year while bank cannot do that.
NO, I don't tink so. as bank have applied blockchain; backbone of bitcoin in their bussiness. Blockchain technology has many advantages such as: Ensuring transparency through the ability to store information, transaction data in the chain closely linked, thereby reduce the cost, the delay of the transaction; Security is ensured by the use of a secret key pair
In my opinion, the existing banks are a little surprised by this blockchain technology so that the banks make restrictions that narrow the streak of the cryptocurrency. But if an existing bank adopts this blockchain, the bank will actually be profitable and this will take time to adapt.
I also don't believe it. Several kinds of speculation have been issued stating that a system like bitcoin makes banks abandoned, instead of bitcoin does not require intermediaries and everything has been recorded in the public ledger. But the reality seems to be talking the opposite. The bank will instead take advantage of this situation somehow.
Banks oppose bitcoin because electronic currency remains a major threat to bankers. The electronic currency remains a major threat to bankers. They are all surprised by the rapid overwhelming of the electronic money world is growing rapidly over the past few months. However, not all banks hate electronic money. Some have invested in electronic money. In the future, banks will see the benefits that this technology brings and slowly accept it.
Just now, I think the future bitcoin will become a currency and the bank will have to circulate it because of its influence
I agree with you! Not all banks are against crypto-operations. If you take a sober look at only against those who wants to earn some money. Get your percentage. Further, if it is virtual money, the Bank will not be able to put your money into circulation. That could bankrupt him. And in General, the idea is very cool to the banks could perform such operations.
Yes, there is growing interest of banks to incorporate blockchain technologies into their processes, but not bitcoin. They look in Ripple site, because of it centralization and real benefits as fast transactions and low fee for them. I don't think banks will ever accept bitcoin.
As bitcoin grows and more people accept it, it will actually be a threat to banks. But in my opinion, banks will not try to fight bitcoin, because it is not conducive to banks. Instead, the bank will accept bitcoin and take profits from it. This is a way to help banks survive and develop with bitcoin in the future.
Over time, banks will be forced to work with cryptocurrency, regardless of whether they want it or not. This will happen in addition to their wishes, especially after the states legalize cryptocurrency. Therefore, I believe that banks will not always oppose the introduction of decentralized cryptocurrency, the time will come when they themselves will want to have a profit from operations with cryptocurrency. Banks will eventually work with cryptocurrency.
Yes because cryptocurrencies are competitions to them and the fact that cryptocurrencies were decentralized and taxed free more investors are attracted to it. Other reason why banks were against cryptocurrencies is the fear that they might get shut down by it.
banks is not against bitcoin and all cryptocurrencies, bank just follow the policy of the governemnt that the currency is just the currency that be approved
in international policy, and bitcoin is not in the list, so banks follow the policy about that
in international policy, and bitcoin is not in the list, so banks follow the policy about that
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.
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.
Eventually, we will see a lot more banks trying to open their doors to the public by letting them exchange their fiats for cryptocurrency. This is actually good for them because they can put up a 10% service fee to convert their money to tokens. That would be a good idea for banks to promote fiat-crypto exchanging.
bank will use bitcoin for their resource, if they are smart enough.
you know that bitcoin can make someone better than before. and it can implement to a lot of society too if they can use it. government must have new idea for this 'future' they cant ban it, because every person that know about bitcoin will try to earn it in every ways
you know that bitcoin can make someone better than before. and it can implement to a lot of society too if they can use it. government must have new idea for this 'future' they cant ban it, because every person that know about bitcoin will try to earn it in every ways
I think whether it’s the bank or the government (which both seem to be threatened by cryptos) will simple adapt and find a way to co-exist with it. These are institutions we’re talking about and over the years, have proven to be able to embrace technology and its benefits. So for sure they’re just taking their time to strategize and adapt to the changing times.
There are also some national banks which have huge power, depends on how they approach to future. But most of them will be against of crypto, because new future finance system make banks useless.
Previously it was believed that banks will always oppose the introduction of decentralized cryptocurrency. However, life makes its own adjustments. We see that as the states legalize cryptocurrency, banks feel that they are missing a piece of their cake and therefore are slowly moving to providing services in cryptocurrency. I think that in the future these services will be massive and diverse.
I think that bitcoin will be accepted by the bank in the future. But I am not too sure about that. Because cryptocurrency is very contrary to the regulations of the bank. So I think it's quite difficult for banks to accept bitcoin. But that doesn't mean it can't happen, I think that in the future the bank will definitely accept bitcoin as legitimate. So we just wait until that happens.
Some banks are now beginning to cooperate with cryptocurrencies. The cryptocurrency market is innovative and banks will have to find a way to sell their services through this market.
I see this idea to be very nice because it will pool a lot of people into the crypto space because some legit banks are now into crypto. Imagine JP morgan now fully in support of crypto, who else won't believe crypto is legit and for that matter get into it?
In the future, the Bank will lose from cryptocurrencies because the Bank can't stop human development and technology... the human desire to make something new is very large, and cryptocurrency is something new and will be needed by humans in the future because, in addition to being more efficient, the level of security is also high. in a few years don't be surprised if the Bank will launch their own cryptocurrency 
Not all some banks accept exchange of digital currency to fiat. they were aware of the flow of the market but some accept it they made a profit on transaction fee. so I disagree with you.
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