Will cryptocurrency be a key financial sector in the future? - page 4.

happy weblancer

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Quote from: Rustamm on October 17, 2018, 12:35:37 AM

Quote from: andrej.safronov.1990 on August 30, 2018, 05:16:35 AM

I think cryptocurrency will not be the key, and will be another area of the financial market, as are stocks. And the company will decide what it is advantageous and more convenient to use the conventional banking system or cryptocurrency. But before that, we are still far, we are not yet ready for such a revolution, but we are moving in the right direction.

I support the same opinion. Cryptocurrency is too specific to use, there is a lot to know and understand, including especially in security measures. Therefore, taking into account its high volatility and other qualities, it will be used mainly by citizens, states, government structures and business structures will not use cryptocurrency widely. For business structures it is very important not fast, but documentary confirmation of the transaction for various kinds of audits and tax authorities. It is unlikely that the inspection bodies will constantly check the records in the blockchaine.

Documentation can be provided by scanning a document confirming the source of funds or containing other information. It's easier and more convenient for auditors to check electronic information than paper information.

lee cooper

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I think it will be the financial sector in the future but this can happen for those who have succeeded in crypto. Crypto is a means to get finances better than others. Crypto investment or on coins that have potential will get abundant results and make crypto as the main producer.

BILGPS

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Future is full of crypto and it is a key in the financial sector in the future and soon it will be practical because many of good things will be possible through crypto and many other crypto coins are buying for investment and we have to hold if we have bitcoin and not to sell in the market but to use it for transactions and trading when time is good,

pixie85

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It will be huge and even if Bitcoin doesn't manage to achieve it it's successor will. I strongly believe in cryptocurrencies and think that they will have a huge impact on finances worldwide. They are just that good and are offering something that has never existed before: independent, decentralized money that at the same time is impossible to counterfeit.

Sevarchik

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I dont think so, its will be extension for current financial systems.
Cryptos have one minus its dont cancelable transaction, and hackers can stole funds in one way

senin

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Quote from: Thaoni21 on July 10, 2018, 01:23:13 PM

You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously

I think that in the end, the cryptocurrency will be one of many financial sectors of the economy, but not the key ones. Cryptocurrency does not reach the world globally, as many hope. This is still a very specific sector and state and business structures may not be widely involved in it. It seems to me that cryptocurrency will mainly be used by citizens.

Serious Miner

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Most probably someday cryptcurrency will be a key financial sector near future. But crypto still in development level and it's trying to overcome its problems at the same time crypto and blockchain system are trying to create a sound environment for payment issues. Payment is the main issue to make satisfaction crypto holders. If crypto currency want to be a key financial sector in future then crypto must be implementing better environment of transaction and payment method and must ensure safe and sound blockchain system.

judyrob

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accompanied blockchain, then crypto will become a fairly successful finance field for the future. certainly, a lot of people know that Crypto give the impression of a practical and safe in terms of finance and this much needed by society in General. the existence of crypto and blockchain then this will be used to resolve the issue of trust between the parties to the transaction so that the company will very certainly need it.

Rustamm

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Bitcoin lover!

Quote from: andrej.safronov.1990 on August 30, 2018, 05:16:35 AM

I think cryptocurrency will not be the key, and will be another area of the financial market, as are stocks. And the company will decide what it is advantageous and more convenient to use the conventional banking system or cryptocurrency. But before that, we are still far, we are not yet ready for such a revolution, but we are moving in the right direction.

I support the same opinion. Cryptocurrency is too specific to use, there is a lot to know and understand, including especially in security measures. Therefore, taking into account its high volatility and other qualities, it will be used mainly by citizens, states, government structures and business structures will not use cryptocurrency widely. For business structures it is very important not fast, but documentary confirmation of the transaction for various kinds of audits and tax authorities. It is unlikely that the inspection bodies will constantly check the records in the blockchaine.

boyshx

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Quote from: Thaoni21 on July 10, 2018, 01:23:13 PM

You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously

Considering the fact that they are based on the public funding as well as ledger itself, we become very much important part of it. However there is always personal limitation on us and how much we contribute. With the real world challenges we need new investors so that there can be actual development in the coming days.

Yes together it can form very strong and innovative financial system for this world if taken for granted and started to develop that way.

FYI we do need contributions of central banks and government authorities as they are the missing pieces in it as well.

cliber

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umachit.fund

There are so many positive things we can get from the greatness of cryptocurrency technology. And very many can feel financial satisfaction. Will cryptocurrency be the main financial sector in the future, I think this will be an interesting discussion. I personally cannot guarantee that the cryptocurrency will become the main financial sector in the future.

awazieik

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Quote from: Thaoni21 on July 10, 2018, 01:23:13 PM

You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously

I believe that cryptocurrency will change the world as it keeps evolving . The issue that cryptocurrency is solving is removing the barrier of doing business all over the globe plus issues like inflation and deflation are not an issue in cryptocurrency

Fundalini

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Cryptocurrency is already an institution so no doubt that it would be an important financial sector in the future. I'm sure that in the future, people will find ways on how to integrate it to our society without (or at least minimal of) the risk it has now.

surgexvb

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I think that yes, but another question is when this happens, the cryptocurrency must reach a new level and be accepted in most countries of the world for this to happen.

PrestonTrader

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I also believe that the world will change in the next five to ten years almost to no disrepute, many states, and most of them, even the banks themselves, begin to understand that crypto is forever looking for opportunities to adapt this financial instrument.

PrestonTrader

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I really believe in people's minds - I hope that this will happen, banks will crypto win, let cash payments stayatsya - but I believe that crypto will prevail!

airinnesmith26

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That's what most of us hoping, if it doesn't play some sort of major role then we've all been wasting our time.

kritiana008

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It can be. Crypto is very strong and far sighted promising system which has so good potential for the real life. Economics of different countries have to learn from crypto much more and do not kill it at all I believe. Financial sector is very important for everybody now and later.

fullhdpixel

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Quote from: IndigoRed on September 02, 2018, 09:19:35 PM

I absolutely believe that cryptocurrency will reshape our financial landscape. The power over money will be in our hands. Aside from low transaction fees, there are basically no borders in between. No banking hours, no long queues to make withdrawals and deposits –all this with top notch speed and security. This will totally shake things up in the baking system, don’t you agree?

We are still in an adoption phase and looking forward to further development and with this development, and the way things are going, I am sure we would not need a soothsayer to tell us cryptocurrency will eventually have a space in the financial sector.

Looking at how the financial sector has been disrupted since the existence of cryptocurrency, the rate at which attention has shifted from fiat to crypto by users; it sure means we are on the verge of growing more than this in the long run.

coinplus

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Quote from: Mt. Dempo on September 02, 2018, 11:23:26 PM

Quote from: Thaoni21 on July 10, 2018, 01:23:13 PM

You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously

if blockhain is adopted massively, the financial sector will be better and will reduce the level of corruption or manipulation that often occurs. because the nature of the blockchain that is transparent and open to the public will make it easier for everyone to monitor all of them.

Blockchain is obviously the future and there is no doubt that we would get to see some pretty good adoption for it in the future. For cryptocurrency, we sure know this is the next financial instrument that is already taking the financial sector like a storm and generating a lot of interest as well as some hatred and attack due to its disruptive abilities.

Nevertheless, I believe cryptocurrency is already penetrating the financial sector or has somehow penetrated even though not in much volume, but from what it is worth, I believe it will be a key financial sector as time goes by.

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