I think that Banks are not afraid of crypto currency, they are just trying to keep up with the security of their own country's currency.
Instead of crypto currency making banks so vanish, they will work together to reach a destination.
Topic: Do Banks fear cryptocurrency - page 22. (Read 17113 times)
We all know bank is very familiar to all people all around the world,when you ask people what is bank they answer you right away regarding bank but when you ask people about cryptocurrency some people do not know what is that, that's why in my own opinion bank still confidence about people invest to them.
Absolutely. Banks are afraid because more people will invest in bitcoin and lesser in banks. If this happens people dont need banks anymore whether for investment or savings! If i own a bank i will be issuing the same thing because the loose a lot of money.
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Yes, of course, the Bank is afraid of this digital currency. Banks are afraid because they fear that the digital currency will replace its position and people will turn to digital currencies. Moreover, there are countries that make Bitcoin as a means of transaction, this will be a more fear for the bank. They called on people not to get involved. Should we be afraid or the banks are!
Banks are not scared of crypto currencies, they are only trying to keep safe their country's currency.
Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
I think banks should support of somehow be a part of the system of Bitcoin more rather than to be scared on the things it could gives on the system of transactions. If e would want to have development in terms of our monetary system we should also support the future and being a part of Bitcoin is a big step on moving forward.Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
As the old saying goes, "if you cannot beat them, join them."
I think banks are well aware of it that one-day they will no longer be needed. Since cryptocurrencies are still on the acceptance and adoption stage, banks have a lot of time to figure out how could they make this threat into an opportunity that won't let them left behind.
of course, because if crypto currency especially bitcoin will recognize to the world banks income will decrease as most of the people will invest in bitcoi[Suspicious link removed]ankly speaking investing in bitcoin will give you a big profit than into the bank.Thats why banks will tell people and drag down crypto that its delicate to invest but the fact they are afraid to loose their investors.
It may be a little bit scary for banks but not for now. People are using cryptocurrency and their wallets but they are changing their bitcoins to paper money to spend and buy something that they need.Therefore there are more chances that then people will start giving more preference to bitcoin and that is the reason that the banks will be a little worrying about bitcoin.
In some point yes, but totally i think they are not. Because banks can also venture online currency and invest to some trusted online investment. Professionals has their own back account and to those who know about bitcoin they only do it for their extra income.
Banks have long worried about cryptocurrency. Because encryption monetary value more and more high, heavy blow to the traditional financial, including Banks, if encryption monetary value of a few times again, so I think there will likely be encrypted currency bank produce,
The essence of digital currencies is to do away with fiat..the banks are afraid due to the fact that banks stand a high risk of collapsing.digital currencies will do to the banks just like email did to post offices...there should be no course of alarm to fear..relax,crypto has come to stay.
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
I definitely agree that banks are afraid of cryptocurrency that's why they issued a warning to their clients and to all the people to fear cryptocurrency. For me this is some kind of black propaganda and their way to threaten people. Banks are threatened by cryptocurrency, because they might lose many of their clients as well as their profits that's why they do such thing. They called on people not to get involved. Should we be afraid or the banks are!
bank should because aside from losing the power to control the money, they don't get-back money because the transaction dont use banks which may lead to bankcrupt
fully agreed, crypto company are indeed more profitable competitors
bank should because aside from losing the power to control the money, they don't get-back money because the transaction dont use banks which may lead to bankcrupt
They do not benefit that people were independent of their loans, with bitcoin people become rich and panic in the eyes of bankers
They are afraid of digital currencies because it is decentralized. Government transactions must be monitored and if digital currency takes place then it would cause a disruption in the economy. Digital coins is not made for those kind of stuffs and that is what the bank fears. Technology is uprising and there are countries who have adapted digital currency. Adapting it won't just affect that country's system bur other countries as well.
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
They called on people not to get involved. Should we be afraid or the banks are!
On that situation, The Central Bank of Albania aren't afraid with cryptocurrencies. But they're just concerned with the people who are prone to be scammed, people getting involved with these cryptocurrencies without proper knowledge about how it works and end up being scammed, these people will blame the Central Bank or the Government perhaps that they're not regulating these kind of activities that happening in their country.
Yes, banks are afraid of cryptocurrency because they're doing the bank's job so it's clearly a threaten to bank and that's why they're telling goverment to shut all the cryptocurrencies down.
Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
I definitely agree that banks are afraid of cryptocurrency that's why they issued a warning to their clients and to all the people to fear cryptocurrency. For me this is some kind of black propaganda and their way to threaten people. Banks are threatened by cryptocurrency, because they might lose many of their clients as well as their profits that's why they do such thing. They called on people not to get involved. Should we be afraid or the banks are!
Banks have done what they usually do. Warn there customers. If you ask me if banks are afraid, it is hard to say. They may be. Because Bitcoin and other crypto currencies are competing against them.
Agree. Banks is really the enemy of cryptocurrency. Many banks are against on bitcoin, there are already many people withdrawing their money on their banks and start to move it to cryptocurrency such as bitcoin. This is really scary.
Banks are not scared of crypto currencies, they are only trying to keep safe their country's currency.
Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
Instead of crypto currencies to make banks disappear, they will work together to achieve one aim.
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