Topic: Banks will always be against cryptocurrencies? - page 5. (Read 2923 times)
You are absolutely right on their craving for capital, I really believe they will come for the technology that cryptocurrency is offering..
The interest in electronic markets is increasing, so it is impossible for banks to fight against electronic money. With the benefits of the technology it brings, banks are approaching and will accept electronic money in future financial transactions.
There are some reason Why people say that: Banks will always be against cryptocurrencies. I think with the extreme development of cryptocurrencies , people will use it to transfer money instead of finding so that there is a risk of bank's existence
Bank always try thousand way for against with cryptocurrency, they have afraid when many people more like for invest and save money with bitcoin than have save money at bank, people have smart now which one more profitable for saving money between bank and bitcoin.
It's expected that it will happen but only on the early years of crypto like in this current year. But when mass adoption is already spreading like a wildfire then most of them will have decide whether to join or continue to resist. If they resist much more then they will just end up miserably so its up to the head of those banks if they want to fight until the end or not.
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
The bank is always against the crypto currency. Because the bank can not control the transactions happening in the crypto currency. Because of which many times banks also suffer losses. But I think there will be some solution for this in the future. Thereby the bank will not be against the crypto currency.
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 now is just on the adjustment period where they initially consider cryptocurrency investment as a potential threat to their business for the reason that they will fight for investors but I shared I think banks will do on the long term is that they can really incorporate or adapt the idea of cryptocurrency. They will soon realized that they do not need to battle with cryptocurrencies but instead to cooperate with it. They already see the growing number of digital coin investors and these banks can capture these type of investors only by also offering cryptocurrencies. 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.
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.
I am a bit 50/50 on this matter. Some banks are still against bitcoins but some are already accepting bitcoins on a trade for fiat money. I think it will be a smart move for banks to accept bitcoins. They could tax the exchange and earn from it thus promoting more and more banks to do the same.
I will support you on this statement of yours dude! in fact, here in my country the is only one bank I knew which is really open for crypto currency and that is Unionbank, I don't if some of you are familiar or heard of it. This banks in my assessment they adapted the scheme of crypto currency, I think they see there is a big potentials in crypto and they maybe saw it also that bring it down which is crypto is not possible for the bank to defeat whether it is bitcoin or crypto.
I hope soon bank will accept cryptocurrency onwards . 
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.
Yes, it will. As the states legalize cryptocurrency, banks will take steps to include cryptocurrency in the list of services they provide. Of course, the most common will be the services of buying and selling and exchanging cryptocurrency, the rest of the services will be provided depending on the general attitude of the state to it and the desire of banks. However, I do not think that state-owned banks will widely provide other types of cryptocurrency services.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.
Great comment, banks wouldn't be where they are if they don't have ability to adapt to new circumstances. They have money and they can change themselves in order to continue to make profit with their huge capital. Of course some bank can fail if management is bad.
Banks aren't the only ones who needs to change in order to adapt to new technologies, it's the task that waits many companies. I believe it's all in peoples minds, the ones who are ready for the changes they will be just finez the ones who aren't with sink in the past. Nothing new, that's happened many times in the past.
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.
Yes, it will. As the states legalize cryptocurrency, banks will take steps to include cryptocurrency in the list of services they provide. Of course, the most common will be the services of buying and selling and exchanging cryptocurrency, the rest of the services will be provided depending on the general attitude of the state to it and the desire of banks. However, I do not think that state-owned banks will widely provide other types of cryptocurrency services. 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.
Cryptocurrency weak in security aspects.
Banks cant integrate system which can be hacked by some one, and this funds lost forever. I am sure this is the biggest problem on the way
Banks cant integrate system which can be hacked by some one, and this funds lost forever. I am sure this is the biggest problem on the way
I do not see the reason why banks would and should be against cryptocurrency.With the technological advancement, i see they rather integrating the cryptosystem into their work . There should be more crypto ATMs and banks too.
Maybe the banks are prepared to integrate their system to the cryptocurrency, and if it's final, they will release the good news to the public so the crypto can reach more people. I am sure that there will be many ATM installed in many places so we don't have to get a problem when we want to convert the bitcoin to local fiat, and we can directly buy something with bitcoin.
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.
should that happen, It definitely would be a huge win win for both the banking industries and crypto adopters, As It would make the use of fiat to crypto and vice versa easier and perhaps more transparent(without need a third party exchange) than it currently is. It will also drive crypto further to its initial goal of being widely and generally accepted as means of transaction between all of firms. I do not see the reason why banks would and should be against cryptocurrency.With the technological advancement, i see they rather integrating the cryptosystem into their work . There should be more crypto ATMs and banks too.
because cryptocurrency threatens the existence of banks, let alone a decentralized system differs 360 degrees from the bank system? of course that is what makes banks against crypto, because it is very possible that people will prefer decentralization more freely than the bank system I hope that in the future banks will accept cryptocurrency and will carry out part of monetary operations with it. I think this will greatly protect and simplify the banking system.
that's good hope. almost all cryptocurrency followers crave this, where banks can run well with crypto.
we just wait, hopefully this can be realized
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.
I am a bit 50/50 on this matter. Some banks are still against bitcoins but some are already accepting bitcoins on a trade for fiat money. I think it will be a smart move for banks to accept bitcoins. They could tax the exchange and earn from it thus promoting more and more banks to do the same.
I do not see the reason why banks would and should be against cryptocurrency.With the technological advancement, i see they rather integrating the cryptosystem into their work . There should be more crypto ATMs and banks too.
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.
I don't think they will be against it because the technology is good and more profitable for them. Consider that in cryptocurrency the transactions doesn't have to be manual and no employee would be attending during the processing which means they can cater to more clients with low human resource to attend to. This is a great advantage for the banks. Second clients can become global so banks can have a wider scope. So I really think they will really use the tachnology for their advantage.
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