Topic: Banks will always be against cryptocurrencies? - page 9. (Read 2903 times)
Banks will lose if continues against cryptocurrencies, cannot be deceived again that this world continues to grow, science continues to grow, our social life also continues to grow and cryptocurrencies are proof that our economic and financial systems are growing. so, even though Banks now reject cryptocurrencies I am sure that in the future they will use cryptocurrencies..
It seems in that way, the bank don't likes the cryptocurrency market.. But i believe at the same time they are searching way to solve this problem in very fast way. I believe that they have understood that they can't deal with it with fighting.. Just like the goverments banks are really don't know what to do and searching best way for themselves..
- I do not think so, I have always thought that banks are becoming very excited with cryptocurrency because with the development of crypto, banks can create and develop new services in crypto, there is no reason for them to hate crypto, it is beneficial to them, not harmful. Government and many people still think that the crypto would threaten the bank in the future but the reality, this story is just rumors and lies, banks have built a very high level of trust and security, the chance for crypto to become a threat and the competition is too low 
It seems in that way, the bank don't likes the cryptocurrency market.. But i believe at the same time they are searching way to solve this problem in very fast way. I believe that they have understood that they can't deal with it with fighting.. Just like the goverments banks are really don't know what to do and searching best way for themselves..
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 do not believe as well because crypto currencies could lead to additional income of the banking institutions. The banks may offer cryptos as their product they would just need to strategize on how the banking industry would embrace and cope up with the crypto market.
Banks now are embracing bitcoin and other cryptocurrencies. Banks wants to be affiliated with bitcoin is a great move for them and that's why they choose to be part of it. Even though they know that crypto might there problem in the future if the the government fully legalize and support bitcoin. But for now they just want to be part of bitcoin trend.
Yes
They'll always be against it.
They'll always be against it.
crypto currency will always be profitable for any industry, including banks, as long as they can manage the blockchain system they have, of course the crypto currency becomes a very high value to be developed, especially banks that can save money from anywhere including BTC and ETH. Integration of banks with blockchain at this stage has been realized, such as the TPAY project
For any industry, finding properly built relationships with banks is a problem. Many people call blockchain technology with a high degree of risk. But if you plunge into banking to a certain depth, you can find there are no less than financial instruments that are even more risky than cryptocurrencies. The banks, indeed, have considerable overhead costs for maintaining processes that are convenient for customers. This prevents venture investors, creators of start-ups from having a full-fledged partnership with banks. And the cryptocurrency market, it seems, is preparing to occupy this niche with a high risk, but with no capitalized profits. In general, sooner or later, the cryptocurrency market will throw wood chips into developing companies and industries, help them polish partnership mechanisms with financial structures, which will allow banks to be more loyal to start-up entrepreneurs.
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.
Of course, banks will soon work with cryptocurrencies. Now this is hampered by the lack of regulation of cryptocurrency at the state level. Therefore, banks now cannot work with cryptocurrencies, as banks are forced to obey the regulators.
I strongly believe that, if there are 100 banks around to support cryptocurrencies like bitcoin, I will say 5% will be in support of crypto whiles the remaining 95% will be against cryptocurrency. The reason being that, most banks see cryptocurrency as being a threat to them in the sense that, owing to the amount of profits one is likely to make from crypto, most people will withdraw almost all their money from banks and invest into crypto. This exposes banks to lot of threats which in a way can be difficult to tackle.
Blockchain and cryptocurrencies are bound to be adopted by the banks, why? they don't have choice as OP mentioned that the capital is there and the banks won't waste opportunity of catching it. At first, it seems odd to see themselves adopting it but they will learn it later on that there's a big market that they can also collaborate with it. As long as there's money, they will not waste any single opportunity like adopting cryptocurrencies.
Banks are not against cryptocurrency, the government is, who generally controls the Banks. And most Governments are not against blockchain, trade between fiat-crypto's are restricted at the moment, this is just to make sure there is no money laundering been taken place. Already I read few countries are planning to adopt Blockchain technology along with plan including to implement their cryptocurrency, I guess then the restriction might be over or will be allowed with regulations.
First of all what is bank in 21st century? Or more importantly what will Bank look like in 10 years.
i want to turn your attention to startups like Revolut, it has already 2 million and more customers right now, their fees are very low and they have an option to buy and sell the most popular cryptos. In general I dont think that banks will have the luxury to not go with time and not accept cryptos in one or other way.
i want to turn your attention to startups like Revolut, it has already 2 million and more customers right now, their fees are very low and they have an option to buy and sell the most popular cryptos. In general I dont think that banks will have the luxury to not go with time and not accept cryptos in one or other way.
they consider the biggest threat is that they cannot control finances anymore, if we think logically, actually they can also make their own cryptocurrency and market it, because no matter how strong they reject it and against Cryptocurrencies, cryptocurrencies will continue to grow. I hope they are aware of and begin to accept the existence of cryptocurrencies.
Banks will stay against cryptocurrencies for several coming years, at least. As long as the most governments around the world are fighting Bitcoin and the other cryptocurrencies, the banks will never support these currencies, and they will continue their support of fiat and local currencies.
I think that whenever the bank will always be opposed to cryptocurrency, because the existence of cryptocurrency is considered a threat to banks, because of the existence of a cryptocurrency the bank has certainly lost some of their customers who have switched to cryptocurrency investments. This is one example that banks will always be opposed to the existence of cryptocurrency, and of course there are also other reasons that cause banks to oppose cryptocurrency in addition to what I have mentioned.
Yes I am agree with u.I think that bank will Allow cryptocurrencie. In future money is cryptocurrencie.
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.
Banks have no chance - whether to join the revolution of financial system and maybe even lead it or just leave the market and die) Nothing would save them from epy all-seeing eye of blockchain)
Crypto's threaten the banks livelihood and very existence and therefore to make the two friends will be difficult. Like any evolving technology banks will have to adopt, adapt and find their niche within this space in order to survive, otherwise the history books will pen them on their pages.
At some point banks will acquire blockchain technology or its successor, e.g now banks are acquiring XRapid technology by Ripple. Our future lies in the cashless society and digitalized payment solutions. You can experience the benefits of such technology today, e.g. you don’t need to carry your credit card anymore, you may just install a special app that will act as your credit card in your smart phone.
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.
It’s not quite clear yet how tokens will influence the world market and what the creators have in their plans. But still, banks should be wary
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