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Topic: bitcoin future expectations of the financial world - page 2. (Read 591 times)

full member
Activity: 252
Merit: 100
You got to tell more about the blockchain they're adopting as I have a feel that this would be a private blockchain where they have all the control. And ofcourse that has nothing to do with bitcoin. If what I've said is the case, your bank is just making marketing moves to unsuspecting consumers and presenting it as better than bitcoin.
full member
Activity: 210
Merit: 108
I think countries are now accepting the technology of crypto currencies and sooner establishment will adopt this kind of payment method. I can see bitcoin is growing very fast and the demand also is getting higher each year if this trend will continue more countries will need to adjust and move their economy towards bitcoin market.
jr. member
Activity: 52
Merit: 10
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


It is a sign of good thing and helpful for financial systems, Although bank adopt the blockchain, then may be in future bank decide something more and the also adopt the bitcoin. But it will be difficult that bank and bitcoin work together. But bank take a right decision, and it affect on bitcoin and our financial system, But of course in future bitcoin always give a positive effects on financial system.
As I mentioned earlier, banks only care about the money. If more people start using crypto and Bitcoin, banks will jump on board. If it doesnt expand they wont care at all.
hero member
Activity: 2660
Merit: 614
Leading Crypto Sports Betting & Casino Platform
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


It is a sign of good thing and helpful for financial systems, Although bank adopt the blockchain, then may be in future bank decide something more and the also adopt the bitcoin. But it will be difficult that bank and bitcoin work together. But bank take a right decision, and it affect on bitcoin and our financial system, But of course in future bitcoin always give a positive effects on financial system.
full member
Activity: 383
Merit: 100
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?

I hope for the future about the financial world that we must really take advantage and can read what and how will happen in the future, so that can reap the results in the future Huh
legendary
Activity: 3458
Merit: 1961
Leading Crypto Sports Betting & Casino Platform
There is a massive difference between the way Banks want to implement Blockchains and how a Public Blockchain like Bitcoin works. These Banks wants to implement Private Blockchains, which will be under their full control. They want to exploit the advantages of the Blockchain technology < higher security & zero anonymity & control > to serve their hidden agendas.

Most countries want to get rid of cash, because it gives them less control over the monitoring of people's transactions. These private Blockchains will give banks FULL access to all your transactions. ^grrrrrrr^
hero member
Activity: 1106
Merit: 637
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?

No. If they were accepting bitcoin they wouldn't need to create their own blockchain system. Banks aren't adopting the blockchain (as in Bitcoin's blockchain), they're adopting blockchain technology. Blockchain technology can be used for all sorts of uses, great uses, and all but one have nothing to do with Bitcoin or cryptocurrency.

Banks are publicly quiet on Bitcoin because they don't want their customers to call them crazy. But secretly, they're buying Bitcoin. Banks are in the business of making money through investments, and whatever investment is paying they've got their eye on.
legendary
Activity: 3472
Merit: 10611
there are so many works being done to adopt the blockchain "technology" in banks and other sectors, there is even talk of national cryptocurrencies and some countries have already started the projects such as India with their Lakshmi coin.

but it will always be the same centralized currency like fiat. the government will have full control over it and they will issue as much of it as they like and it will be like "digital fiat".

this won't do anything to bitcoin because bitcoin will still have two major advantages over these things: 1. decentralization 2. being global.
full member
Activity: 296
Merit: 100
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


If a bank adopts a blockchain system it means that bitcoin has a very positive impact and that means in the future it may be bitcoin will be a real currency. But by the way I have not seen any banks adopting a blockchain system.
Banks are trying to adopt blockchain technology as they know that they could make the banking operations faster and more efficient, also they have a fear that when people come to know about it they feel comfortable with using the technology behind bitcoin and demand increases automatically.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


it could be a sign that government especially the bank is trying to learn and approve bitcoin but they are not yet giving statement or news about this. but soon after they are finish to implement their system with the blockchain system, I am sure that they will giving any clarification to public. I think they are now is trying to know and studied blockchain technology because I think its a new technology for them and they need to use all of their resource to learn. this will bring a new hope for us because soon bitcoin become a legal in real life and people don't have to be afraid to use bitcoin and they can spend their bitcoin in local store.
legendary
Activity: 1568
Merit: 1002
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


If a bank adopts a blockchain system it means that bitcoin has a very positive impact and that means in the future it may be bitcoin will be a real currency. But by the way I have not seen any banks adopting a blockchain system.
sr. member
Activity: 322
Merit: 253
Property1of1OU
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?


I think many cryptologists and digital security systems professionals do like bitcoin ... and that is what really scares the banking ecosystem; how can you be a bank if the best safe builders are working for themselves ?
member
Activity: 89
Merit: 10
I think that it is a good sign that the blockchain technology is being accepted and adopted by the financial institutions, but this does not necessarily mean the same for bitcoin itself. It is still possible that some of the big banks could simply use the new blockchain system to move digital dollars around without dealing with actual bitcoin. Or they might go with some other cryptocurrency like ethereum. However there still may be some indirect benefit for bitcoin holders due to the increased attention on blockchain and the fact that bitcoin is still the most well-known cryptocurrency using that particular technology.
full member
Activity: 658
Merit: 103
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?

My expectations to the bitcoin is it will become $20,000 per each. I also dreaming that the bitcoin is the best way for us to become a millionaire. Bitcoin will help to fulfill my dreams in my life.
jr. member
Activity: 52
Merit: 10
Banks and business will go where the money is going. Once the common man starts dropping money into Bitcoin and the market cap hist 20 trillion, it wont matter if they like it or not, they jump in with both feet.
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
I think it goes to highlight the potential behind blockchain technology. We all know bitcoin is god among cryptocurrency users but blockchains are admired by literally everybody who understands them. They have the ability

to change the way we see, think, and do everything in our everyday lives. To me it is akin to either the world wide web coming online and the spreading of information or the smartphone which is having a powerful computer

in your hand. Lastly, as powerful as those first two movements and revolutions were I think this one of blockchain tech will be bigger and have a more lasting impact on society. It is the start to something we cannot imagine yet!
full member
Activity: 211
Merit: 100
today many bank financial systems adopt the blockchain system, is this a sign of the acceptance of bitcoin as a legitimate payment instrument in the world, what do you think about it?
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