Topic: What are your opinions on Crypto Banking? - page 2. (Read 444 times)
I don't think there is any need for crypto currency bank if we are to do away with the issue of middle person in our crypto currency transaction.
The overall sentiment is kinda a no-go, but still something wont let me remove the thoughts that its a natural step to take. Same as traditional banks have taken over our RL funds. It might be too early for it, buuut thats why i'm thinking about it, if you know what i mean 
Do you remember the time when nokia Mobile Phone Company had a more than 60% share in the market and was considered as the leading/father of the mobile phone industry ?The arrival of Apple outshined nokia and later on when Samsung started its journey, NOKIA was completely wiped out of the market unless Microsoft purchased the company and reintroduced it. So same will happen in the banking system and crypto banking will rule the world in future.
Right now all banking projects are delaying forever.
As far as i know, no crypto bank project get any licence so far.
As far as i know, no crypto bank project get any licence so far.
Yeah, I don't think its ever going to happen either! I have seen some so-called crypto banks get a license for something in the UK but these are basically financial institution licenses and on different levels, so these are like crypto neo banks, getting license to do certain things like money transfers. But like you said a full banking license whereby they can take deposits, issue interest plus do loans? I don't think any crypto bank will ever get this, no matter how hard they tried.
Crypto banking is now being developed by many well-known companies, they think that this program is good for the future, but whatever it is I think if from the beginning this program was developed for crypto payment purposes in the future, maybe this program will attract many people.
Modern banking is not just about storing your wealth in some safe place. Economies cannot grow without loans from the banks which hold the wealth of individuals. I don't know how will crypto fit into this category but the first to make it so will be massively adopted.
Cryptocurrency is completely transforming the world as we know it. Decentralization = Trust. Blockchain has a lot of potential in many branches of economic activity but I do not imagine its application in banking.
I have also come across quite a number of crypto banking projects like kurecoin, secrets of Zurich, Orbis and some others. Currently I think it's really a very nice offer and I think it's working out well. So its worth trying out
It's worth and there was a company that accepted crypto payment system. banking is not about to make the system becomes centralized but we can use that to help crypto to be adopted by a lot of ordinary people too. it has various goals. That depends on what will be the purpose if your banking platform
As far as i know the reason behind the creation of bitcoin which encourage the creation of other blockchain is to avoid bank. I'm pretty sure that Satoshi doesnt believe in bank system that's why he created bitcoin which people can control their own money. So, crypto banking is not really different to the current centralized banking which will always taking profit from their customers.
Storing our crypto in a ledger is a must because that's what we have in this type of investment. I don't think that the Crypto bank will do its job well because when it's called a bank, there will be other purposes that will disrupt the transaction process. Besides that, what is different from traditional banks? I think I don't want to hear the name "Bank" in crypto because we are our own crypto bank.
They can do it crypto on their own, but I don't think that other projects will agree because each project has different reasons for launching the product. Likewise, with people, they will choose whether they will use the crypto bank or not and we cannot force them to use the same bank as you.
They can do it crypto on their own, but I don't think that other projects will agree because each project has different reasons for launching the product. Likewise, with people, they will choose whether they will use the crypto bank or not and we cannot force them to use the same bank as you.
The implementation of blockchain technology has been spreading. One of them is in the banking system.
Well, the existence of crypto banks is now developed in the financial sector. Crypto banks may be like a decentralized bank with blockchain technology, offering P2P transaction method and also using the smart contract.
It may be very useful because we can see the implementation of future banks to be done with high tech of Blockchain and it can be used for a worldwide transaction more easily and quickly.
However, for chasing them, well, let us observe how the progress and development.
Well, the existence of crypto banks is now developed in the financial sector. Crypto banks may be like a decentralized bank with blockchain technology, offering P2P transaction method and also using the smart contract.
It may be very useful because we can see the implementation of future banks to be done with high tech of Blockchain and it can be used for a worldwide transaction more easily and quickly.
However, for chasing them, well, let us observe how the progress and development.
I hope it will be the start of something new. If ever crypto banking will go to success then it will be a great way for people to actually involved in crypto where they can buy and trade easily coins. Hope we get into that where non believer people will use crypto as a great option other than fiat.
Crypto banking will be pretty big in the upcoming years. Regulation is starting to take place, most shitcoin ICO's never hedged their funds (because no bank would accept them) so now they've learned better with upcoming fundraising tactics, and also 24/7 banking.
There are already a few good ones in the space, like Silvergate and EQI for example. Looking forward to seeing the progress on this front in the crypto world.
There are already a few good ones in the space, like Silvergate and EQI for example. Looking forward to seeing the progress on this front in the crypto world.
Sooner or later Crypto Banking will become part of our lives, no one can stop this, it;s on the way
This is going to be a part of our daily lifestyle but there are some serious questions raised by other forum members in thread. Banking industry is very old and tricky place, beating them with cryptos will be very hard.Honestly, i don't agree with opinions like cryptos will replace the whole payment system in the world. Just thinking reality will stop us to think big. 
I think that the Bank of cryptocurrency, it's a very strange idea. Something like an anti-nuclear repository for cryptocurrencies. If you create a Bank for cryptocurrency, it is only centralized.
I am down for it. Banks are just another hands of the state at this point. They do not even care about who are they giving their money to as in a case of crisis they are still untouchable and the state will fill they empty piggy. Imagine being irresponsible without any chance of going down at any point as everyone will have to save you in the first place. Crypto banks might turn around this trend. They create and hold assets which value is evaluated by the free market rather than artificial promises of a central bank. Cutting out irresponsible and ineffective middleman and replacing it with fully responsible company- sounds like a good plan to me 
.
.
If you save some btc and alts here in crypto then better to risk that too like that's investment because the price is really volatile then if you going to save some money for future i think use stable coins so there's an assurance that this will stay another thing find or search if they have good security like study this very well like if that trusted then use that,Moreover save also some fiat currency like use it too for more secure of your future
Right now all banking projects are delaying forever.
As far as i know, no crypto bank project get any license so far.
As far as i know, no crypto bank project get any license so far.
As i said i know about EQI, https://eqitrade.com/
But i guess there are some other projects got their license as well
Right now all banking projects are delaying forever.
As far as i know, no crypto bank project get any licence so far.
As far as i know, no crypto bank project get any licence so far.
Crypto banking has future and banking apps are very common in this industry. Crypto debit cards are spread by big payment companies in order to make easy mass adoption.
I got in this way of thinking after reading the article that i posted in the thread. As i see it, Atronocom is going to have everything on the mobile app which could ease up the process of transferring and spending your crypto. And yes, this is not the only crypto bank, i know about EQIbank also, they already have their licenses for example, but a mobile crypto bank is a better solution at least for me.
And well, debit cards are already everywhere
Crypto banking has future and banking apps are very common in this industry. Crypto debit cards are spread by big payment companies in order to make easy mass adoption.
Jump to: