Topic: Will bank and crypto industry unite or be linked? - page 7. (Read 23522 times)
To say can decentralization be compromised, I wI'll say no and no again because this is not going to work because with that I see not much future in Cryprocurrency most especially for the less privileged and the rich will get more happy. Bank has its own way of working and it is being controlled by the government which makes it different from Cryprocurrency. There is no given room for this and let's all stand on that because the manipulation will be physical when being involved with bank or government.
Technology indeed gives great attention, especially in this case cryptocurrency technology. With the development of cryptocurrency technology there will definitely be an interest in the bank for the adoption of the system from cryptocurrency.
If this will happen is it possible that decentralization be compromised?
The essence of a decentralized money will put into wast if the bank and crypo will help each other. Maybe they can use the the block chain but I hope they do not interfere with it too much that they should have a control of it. Bank is enough for them.
If this will happen is it possible that decentralization be compromised?
You mean maybe hacked?;To the best of my knowledge, the blockchain technology cannot be hacked for now but exchanges and wallets can be hacked.
If this will happen is it possible that decentralization be compromised?
How can that be happen were centralization and decentralization unite? it can't be actually, but possibly ride on the trend we have it now.
Because there are some other banks doing this things matter actually, or some banks creating their token in crypto currency but of course, it is obviously based on centralized not decentralized as what I can see in it.
If this will happen is it possible that decentralization be compromised?
No absolutely not, the banks and industry are not linked yet because we all know that all the crypto currencies are completely decentralised in nature and therefore most of the organisations and countries are in against of it as there is no such proper authentic regulating body over them who could keep eye over all its activities and thus leading to its illegal use and this is what everyone fears about but once they will get centralised all over the world then there will be governments who will keep eye over them and obviously banks and crypto community will also unite. 
I think that banks will integrate blockchain in their services. The operations will be much faster and more comfortably in usage. But it wouldn't be in the nearest 5 years, we need towait some time.
Financial system will change in the future.
Currency will be a change for the people and not for the government.
Banks will not disappear, they will make a move to adopt the changes.
Blockchain and bitcoin together with cryptocurrency will be adopted by the bank.
Banks will make their move, it is not the cryptocurrency to make the step.
Currency will be a change for the people and not for the government.
Banks will not disappear, they will make a move to adopt the changes.
Blockchain and bitcoin together with cryptocurrency will be adopted by the bank.
Banks will make their move, it is not the cryptocurrency to make the step.
If we talk about decentralization, then of course banks will never unite with a cryptocurrency, it is simply unthinkable for the system, but they can and will use the blockchain technology for their own purposes
If this will happen is it possible that decentralization be compromised?
I think we can see this cooperation. Sooner or later something now to keep the banks obsolete and vryatli we will be able to trust them. Blockchain will be a technology that will change a lot
I am sure that in the future, banks and cryptocurrency will unite and will create a new global economy
It can be possible. But we can see to it more in the future. But I think it has started now. Like the ripple coin. They have linked it to the bank to give a centralized transactions. I have pure trust to ripple that the way and their prospective is good and helpful to the industry. I hope many projects soon will give that way of idea.
If this will happen is it possible that decentralization be compromised?
I really hope that in a few years we will be able to observe the successful collaboration of cryptocurrencies, blockchain and banks. It would be incredibly cool and the most promising
If this will happen is it possible that decentralization be compromised?
No, it is not necessary. Banks after the legalization of cryptocurrency by the state will be forced to work with cryptocurrency. This will be on a mutually beneficial basis. State banks are more likely to provide less cryptocurrency services, while commercial banks are freer in their choice of areas of earnings and therefore tend to take more risks in their business. 
Ive already some countries which do have their own local crypto wallet which is tied up with a bank which you can make cash out using that platform to directly funded on your bank account which does mean
they do really collaborate or isnt really strict but these are only available on some countries which do have positive views towards crypto but talking about full acceptability would really be hard to say.
they do really collaborate or isnt really strict but these are only available on some countries which do have positive views towards crypto but talking about full acceptability would really be hard to say.
Using cryptocurrency for an existing banking payment system is real. This will happen with a high probability in the near future. This requires a flagship and a pioneer. This pioneer can be Dubai. If everything goes well, this example can go to the state level. I think to develop a package of bills will not be difficult under the existing process. At the same time, it is necessary to use cryptocurrency for the already used payment system, and this is quite a long time.
I believe it will. I have seen recently some ICO projects that plan to create a blockchain bank. Also i`ve heard that common banks try to work with blockchain.
If this will happen is it possible that decentralization be compromised?
Till yet the conditions are that crypto currencies are decentralised in nature and that means there is no such proper authentic regulating body over the crypto who could keep eye over all its activities and specifically the illegal one but with time people and countries are getting the fate and potential of crypto and moreover there are few nation like South Korea, japan who has even legalised crypto transactions in their Mayan’s moreover these crypto will definitely going to get legalised all over the world in coming future then obviously banks and crypto will unite together.
I believe this is already happening and ripple is an example of coin that have partnership with some banks already and more will still come, and also some global banks have declared their interest in cryptos already, so I believe in the future more of such partnerships will happen
Without a doubt and without a doubt transpiring from the places during which Bitcoin is usually appropriate including through your state our important banking companies usually are in partnership with your regional alternate that time period most of us alter Bitcoin to help fiat we could operate the banking companies disengagement establishments for getting your turned dollars every time.
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