Topic: Will banks disappear because of cryptocurrency? - page 3. (Read 64424 times)
Cryptocurrency offers an alternative place for those who are not satisfied with traditional financial and banking system. If everyone uses crypto then it would mean that they are not satisfied and banks will loose their clients and die.
Banks is a huge structure that sucks large amounts of money from its depositors and mortgage holders. These people just leave them, you understand that this is a huge loss for the entire banking sector. Therefore, I think that cryptocurrency is a real problem for banks.
The fact that people invest in cryptocurrency, does not mean that they refuse the services of banks, the outflow of customers due to cryptocurrency banks just do not feel, especially after 2018 
Banks is a huge structure that sucks large amounts of money from its depositors and mortgage holders. These people just leave them, you understand that this is a huge loss for the entire banking sector. Therefore, I think that cryptocurrency is a real problem for banks.
Banks might earn lot from its customers through different services. Banks are the primary financial structure supporting the growth of any country's economy. In this regard banks won't get disappeared with increasing cryptocurrency usage. Banks fear of the technology and try to adopt it, but bitcoin always serve as alternate to banking for large volume transactions.
Banks is a huge structure that sucks large amounts of money from its depositors and mortgage holders. These people just leave them, you understand that this is a huge loss for the entire banking sector. Therefore, I think that cryptocurrency is a real problem for banks.
The bank will not disappear even though there are competitors. The bank has a very strong security system. And Crypto is not a threat to the Bank, but the Bank and Crypto will walk together. Now in my country, Crypto works with the Bank. To withdraw funds from Crypto must go through a bank account number.
Banks will be there I think after few century because it is very useful in our daily lives and for sure we need that to save our money from the future. Bank is good for the people who wants to save money and very secure. My money that I earned in crypto was directly to thw bank so that I will secure my future if the cryptocurrency decreased more the value soI have money to use.
will never be lost or replaced by cryptocurrency because the risk of the bank is much smaller than the cryptocurrency that is very risky and even then borne by you alone. the bank is the best financial system at the moment so it's difficult to replace it
In my opinion the bank will not be replaced even though there is a cryptocurrency system because companies and also many countries have already used this system that has been formed and maybe the future digital payment preferences will become a new option
For example, XRP is used by many banks, so I also feel that the bank will not disappear, but there is a possibility if the bank will use blockchain technology.but the most likely thing is that both of them will walk each other.
I can only say that most people today do not understand at all why cryptocurrencies are needed, and how they will still be competing for banks. This is our problem. But banks understand and are already trying to destroy cryptocurrencies.
I think bank and crypto are always in line. sometimes to exchange crypto into a fiat form, of course the bank will be the intermediary and of course the bank benefits from it. well, but I don't know, I feel that some banks reject the development of this technology. however, in this case, I think the bank still has a strong influence.
I can only say that most people today do not understand at all why cryptocurrencies are needed, and how they will still be competing for banks. This is our problem. But banks understand and are already trying to destroy cryptocurrencies.
I think bank and crypto are always in line. sometimes to exchange crypto into a fiat form, of course the bank will be the intermediary and of course the bank benefits from it. well, but I don't know, I feel that some banks reject the development of this technology. however, in this case, I think the bank still has a strong influence. 
In my opinion the bank will not be replaced even though there is a cryptocurrency system because companies and also many countries have already used this system that has been formed and maybe the future digital payment preferences will become a new option
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I think bank system would modify and implement cryptocurrency in its system like a holders active, and will make money from that.
I also think that banks will start using the cryptocurrency for their own benefit in the future, which will be good for both banks and the cryptocurrency 
I think bank system would modify and implement cryptocurrency in its system like a holders active, and will make money from that.
I also think that banks will start using the cryptocurrency for their own benefit in the future, which will be good for both banks and the cryptocurrency
I do not think that banks will disappear because of crypto but they will start using blockchain technology in their processes
and take advantage of it`s benefits. Banks will actively want to be part of crypto market as we could see with JP coin,
and this is only the start....
and take advantage of it`s benefits. Banks will actively want to be part of crypto market as we could see with JP coin,
and this is only the start....
This really what I keep on asking myself since we all know that cryptocurrency dominates the bank as time pass by. I wonder will it result to total collapse of bank industry?
Feel free to drop your comments here.thanks
Banks exist for a long time , I think at this stage it is unlikely that they will disappear , but of course there is a chance, but again the whole cryptocurrency is very much now depends on the dollar , and again on the banks without them there would be no cryptocurrency I think Feel free to drop your comments here.thanks
I can only say that most people today do not understand at all why cryptocurrencies are needed, and how they will still be competing for banks. This is our problem. But banks understand and are already trying to destroy cryptocurrencies.
Banks are not afraid crypto currency and bitcoin because that they are protected by the state. Oposit - the owners of crypto currency are afraid that banks can destroy it.
Exactly. Crypto is stronger than the banks, but if there is enough supporters. Because everyone is interested with earnings, nobody cares about it. If banks say they will provide more profit than crypto, all humanity will forget about it.
It was one of the reason why crypto currency were invented,but we are not using crypto currency for payment method so for now it is not going to disapper.
I think bank system would modify and implement cryptocurrency in its system like a holders active, and will make money from that.
I also think that banks will start using the cryptocurrency for their own benefit in the future, which will be good for both banks and the cryptocurrency
I think bank system would modify and implement cryptocurrency in its system like a holders active, and will make money from that.
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