Topic: Will bank and crypto industry unite or be linked? - page 8. (Read 23558 times)
The probability of this circumstance is really very high, because banks today are already very positive about blockchain, just don’t try to understand it quickly. Everything will come and it will be.
depends on the conservative finance industry like bank for example, if bank are connected to crypto that will made bank innovating from the conservative way to modern cryptocurrency, but i guess they should do the innovation if not the conservative finance industry will fall.
If this will happen is it possible that decentralization be compromised?
It really tears apart the soul of blockchain which is decentralization of the transactions by two parties. If we combine cryptocurrencies and banks, take note, BANK, it is the third party that is told by the paper of satoshi nakamoto about the technology behind bitcoin, the blockchain.
This is the most interesting event to happen in the future as I believe that bank will adapt crytocurrencies in the future to retain their profit.
As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.
I believe so far, we are already beginning to gradually see the coexistence already has a lot of banks are now at least trying to be a part of the growing system and then see how they can benefit from it which I am sure we will get to see more of as time goes on.As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.
Times are changing, more developments are coming, and there is every chance this market is also going to end up being one of the top international markets in the long run, which I am sure the banks will not just want to stay on the side lines, they will also want to participate in the stream of events.
I believe that in the future cryptocurrency and banks will unite. but it will be beneficial for banks and countries in which the cryptocurrency will be legalized. cryptocurrency will lose its anonymity and all transfers will again be controlled by the state
They are already uniting, as we have seen some news lately that involves cryptocurrency and the banks. Also, considering that XRP has really been trying to take the bold lead with being the centralized banker's coin, have completed some projects and possibly seeing some banks having interest may pose one of the reasons why banks will want to be a major part of this space.Apart from that, we have heard in some countries and some companies coming up with cryptocurrency bank, which even though I know will only fly for the gullible ones, still shows that the banks are actually looking to be in the forefront. I believe it will be a symbiosis thing in the long run with banks and crypto space, uniting at least in a way, which I see banks trying to offer some services as well in the crypto space.
for now it is still not fully united. but it is not impossible if in the future they can be interconnected. because currently there are many projects that have a bank concept that is integrated with blockchain.
maybe another year or two we will see all banks in the world will integrate their systems with blockchain.
maybe another year or two we will see all banks in the world will integrate their systems with blockchain.
In my opinion, crypto has great features that banks do not have. At the same time, banks also have their strengths that crypto with free, nongovernmental capabilities can not afford. On the other hand, banks and crypto have different nature. Centralized banking, crypto management by decentralization ... So in the future, I think the bank and crypto can only compromise, unite in all activities. This compromise will bring benefits to human life will be better.
Regardless of what anyone says including CEOs of big banks, this is never going to happen.
Banksters want to control, there is no place for decentralization or anonymity here. The system is made to enrich the rich and to enslave the poor, they'll never accept or any other cryptocurrency that they don't have full control of.
Banksters want to control, there is no place for decentralization or anonymity here. The system is made to enrich the rich and to enslave the poor, they'll never accept or any other cryptocurrency that they don't have full control of.
That is absolutely have a point. In these case, investment in banks will have a problem, if decentralization is implemented in the banking system, it is so hard for them to have an access and total control in the money of the investors and bank account holders. There will be no sense if you decentralize bank since blockchain's sole purpose is to have a peer to peer transaction, bank is useless in regards.
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I believe that in the future cryptocurrency and banks will unite. but it will be beneficial for banks and countries in which the cryptocurrency will be legalized. cryptocurrency will lose its anonymity and all transfers will again be controlled by the state
I think the bank and crypto will never be able to mix smoothly. The nature of both is contradictory, so it is very difficult for that to happen. If crypto and banking can be merged in the future, then things will be the same as you say, the anonymity of crypto will disappear
In my opinion they can be linked very well but there is some disadvantage in doing that. The first thing, they will unite together but they wont be uniting any of the crypto graphs that is coins. What they will unite with is the technology behind their workforce. There is great example of this one, the Ripple tech is getting noticed by most of the banking systems in foreigns. They are even agreeing to use the blockchain made by Ripple company but the fact is they are not going to invest in the XRP coin itself. So you see they are not interested in the coin really but they are interested in the Ripple platform itself.
I believe that in the future cryptocurrency and banks will unite. but it will be beneficial for banks and countries in which the cryptocurrency will be legalized. cryptocurrency will lose its anonymity and all transfers will again be controlled by the state
This is the most interesting event to happen in the future as I believe that bank will adapt crytocurrencies in the future to retain their profit.
As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.
As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.
Indeed and it is currently occurring within the nations by which Bitcoin is actually lawful such as within the nation our main banking institutions tend to be together with the nearby trade that each period all of us transform Bitcoin in order to fiat we're able to make use of the banking institutions drawback amenities to obtain the transformed money at any time.
Talking about what all the same very rich people will be able to solve, because bankers today rule this world and it is necessary to understand that it was they who put the world on their knees because of the use of the dollar.
In fact, it's already happening. Many banks are integrating cryptocurrency or the blockchain in their systems.
Banks don't want to unite with the crypto industry. They either want to control it or destroy it. I think they'll have trouble destroying it so I think they're manipulating the market behind the scenes to weild power over it.
If this will happen is it possible that decentralization be compromised?
The banking and crypto industry can only be linked when governments agree to Bitcoin.So i think this possibility is possible in the future and this is a good interaction for the crypto and banking in countries. 
it is also possible, banks and crypto industries will join because they are interconnected.
If what I have heard is right , the blockchain abd cryptoworld is in the process of legalizing all over the world but some bank didnt want that to happen and to be linked crypto to their business. So I dont think bank and crypto industry will unite, its far from happen.
The genuine ramifications of decentralization is the expulsion of focal specialist like banks, if a bank chooses to obtain a specific crypto venture, there is the probability that it winds up brought together, individuals for the most part in the space won't welcome such.they just will change to elective
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