Topic: What would happen to banks? - page 11. (Read 14001 times)
of course, along with the development of the bank, it will keep abreast of these developments because it is impossible for economic development to not keep up with the development of the Eidan era and technology will certainly go hand in hand
Most likely, they will first begin to introduce new technologies. They will say something like: "It is already impossible not to notice that the cryptocurrency is firmly entrenched in our life, so we decided to implement ..."
In the future, the cryptocurrency may be the only currency. And banks will adapt to this, I have no doubt.
In the future, the cryptocurrency may be the only currency. And banks will adapt to this, I have no doubt.
Banks will sill operate, do business,give loans and digital transaction but cryptocurrency keeps making investment ahead.
I am sure that the banking system is the financial sector that can be one of the first to apply all the advantages of the blockchain and the new technologies based on it in its activities. Therefore, hoping that banks will leave the financial arena is very unwise. In my opinion, over time, various hybrid technologies will be developed. In which the use of cryptocurrencies and traditional banking services will be combined.
by prioritizing the speed and safety of a transaction, indeed the bank is ideal for implementing this system, especially as more and more new customers and transaction value increases 
I am sure that the banking system is the financial sector that can be one of the first to apply all the advantages of the blockchain and the new technologies based on it in its activities. Therefore, hoping that banks will leave the financial arena is very unwise. In my opinion, over time, various hybrid technologies will be developed. In which the use of cryptocurrencies and traditional banking services will be combined.
Banks is old institution that already survive in many condition. I am believe banks will keep survive and adopting cryptocurrency if crypto growing more bigger. Banks still needed for transaction and i think government will keep banks to boost economic growth
They are big enough to survive but if they don’t adopt, I don’t think they can survive in the competiton. Many bank already used blockchain technology, and so far its running well for them. Let’s wake up now, and accept that banks is just making money through our money, we need a technology like this to control our own money. Nothing will happen to banks, It doesn't matter if crypto gets very hugely adopted, They will always be a need for banks to turn cryptocurrencies to cash and bankings will also be needed for daily day to day business activities within a location.
I agree with your opinion, the banks will stay in business regardless of the popularity of the cryptocurrencies. People will continue to use the banks because of the financial services they offer that can't perform by any cryptocurrency. They can also improve their services by turning fully digital or using the blockchain technology to match the function of the virtual currencies.
Nothing will happen to banks, It doesn't matter if crypto gets very hugely adopted, They will always be a need for banks to turn cryptocurrencies to cash and bankings will also be needed for daily day to day business activities within a location.
Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
I believed bank in the near future will adopt crypto currency. Because as far as I know there are some bank in the other country now which is started to adopt its concepts anyway, even here in my country though there are few as of the moment, for sure to other banks they will do the same thing. And that's right, go with the flow is the best solutions anyway for them to survive.
Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
I believed bank in the near future will adopt crypto currency. Because as far as I know there are some bank in the other country now which is started to adopt its concepts anyway, even here in my country though there are few as of the moment, for sure to other banks they will do the same thing. And that's right, go with the flow is the best solutions anyway for them to survive.
Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
I believed bank in the near future will adopt crypto currency. Because as far as I know there are some bank in the other country now which is started to adopt its concepts anyway, even here in my country though there are few as of the moment, for sure to other banks they will do the same thing. And that's right, go with the flow is the best solutions anyway for them to survive.
With banks, nothing bad will happen. They will always continue to work regardless of the influence of cryptocurrency. State banks are actually part of the state and the state will destroy anyone who will have a negative impact on the work of the banking sector. Commercial banks are more susceptible to cryptocurrency, but they also adapt more rapidly to changing conditions in financial relationships. If it is profitable for them to use cryptocurrency, they will do it, the situation will change, they will act differently.
- Certainly, nothing bad will happen to the bank, even if something happens, it will only benefit and help the bank grow because the character is always behind the banks, that is the government, they manage and help the bank develop stably, they will even remove barriers or things that affect the bank's development. Although cryptocurrency can grow strongly and become a modern technology but it can not replace banks, the government will not allow, and this old system is probably outdated but its acceptance and popularity for the people is perfect, crypto needs to exist in parallel with the bank to develop, instead of competing and encroaching on the bank's position 
Bitcoin in this year can't spend money banks, because bitcoin's income is declining, now I have never taken money in the bank from the results of bitcoin, now I am experiencing a lot of losses
a business needs an innovation to survive also business needs a adaptation to the current trends in the industry for them to survive also if cryptocurrency will overtake that industry they also need to innovate something or just adapt for them to be still in the market. But banks are still banks many people and businesses still believes on it.
Banks is old institution that already survive in many condition. I am believe banks will keep survive and adopting cryptocurrency if crypto growing more bigger. Banks still needed for transaction and i think government will keep banks to boost economic growth
With banks, nothing bad will happen. They will always continue to work regardless of the influence of cryptocurrency. State banks are actually part of the state and the state will destroy anyone who will have a negative impact on the work of the banking sector. Commercial banks are more susceptible to cryptocurrency, but they also adapt more rapidly to changing conditions in financial relationships. If it is profitable for them to use cryptocurrency, they will do it, the situation will change, they will act differently.
Hopefully they die out.
Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Wow, such strong and brave words, John Snow.Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Of course, some of them will live, that banks which now controls all the money, Wall Street banks and some others.
They know how to manipulate the markets, better than you and me, any markets, fiat or crypto, they don't care.
And now they already manipulating the crypto market, from the 2018 year. They earn on futures when BTC falling and we crying.
They know what to do. And if all money turns to crypto, they will be ready for this, be sure.
I am not happy with that at all, but I accept it.
Hopefully they die out.
Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Yeah, banks is not there to help you they are just they to get your money and use it for then to make more money. The interest that you will get from your savings is very small and yet if you ask for a loan, they collet more interest. This system should be stopped, and hopefully blockchaint technology succeed on this one so we can have now a more good financial system. Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Hopefully they die out.
Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Bankers will carry on their work because banking is the pillar of a country and that's why you should not use bad words for banks but bitcoin is act their main work for whole world and that's why every one wanna join this currency because bitcoin is giving all benefits for us where we can everything in our life without any risk and investment can also provide us stress free future. Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Hopefully they die out.
Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
Bankers are parasites and the banking industry is opaque and corrupt.
Everything’s going on to the blockchain.
Banks are just a tool of control
Kill the bankers. Kill the controllers
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