Founder of the most technological bank in the world, Monobank, supported Bitcoin

[Flodner]

Here is a link to post in original:  https://www.facebook.com/oleg.gorohovsky/posts/4223629847665641
And here is my short video with translation and few words on Monobank
https://www.youtube.com/watch?v=ZpqPHlgXkYc

[seoincorporation]

Why monobank claims they are the most technological bank? I mean what makes from a bank the most technological bank, I feel like that claim is easy to make but hard to prove. Is like claiming 'My girlfriend is the most beautiful woman in the world', maybe is that way for me, but not for all the world.

For me the most technological bank is American Express.. And I say that because they don't even hold the cash, all the money they move is virtual, and that's crazy for me.

[Flodner]

Why monobank claims they are the most technological bank? I mean what makes from a bank the most technological bank, I feel like that claim is easy to make but hard to prove. Is like claiming 'My girlfriend is the most beautiful woman in the world', maybe is that way for me, but not for all the world.

For me the most technological bank is American Express.. And I say that because they don't even hold the cash, all the money they move is virtual, and that's crazy for me.

Good point.
"the most technological bank" - that's my opinion, but it comes from the observation of different banks in different countries (I don't mean deep analysis, just brief overview)

Maybe American Express don't even hold the cash, but Monobank doesn't even have bank departments! Everything on mobile)
To create account you just scan your ID, pass verification (it took less than hour for me), and that's it - you already have funds on your card! Yes, physical card you can pick up in the city or order delivery, but the amount of funds which you have was decided by AI, for me, it was around $800 while some people had 0

That's only one example, it's very user-friendly

But American Express is much more known, so when their CEO supports Bitcoin in such a direct way - it would be good too)

[milani]

Here is a link to post in original:  https://www.facebook.com/oleg.gorohovsky/posts/4223629847665641
And here is my short video with translation and few words on Monobank
https://www.youtube.com/watch?v=ZpqPHlgXkYc

First of all I read this post in Facebook from some Oleg Gorohovsky that mentioned Ilon Musk, and that he believes in Bitcoin and it's future. Personally I do not take seriously different opinions about investing or not investing, but I also believe in good future of Bitcoin. And nowadays there is such a trend nowadays to accept Bitcoin as the means for payments or statements about investing into it. Monobank is not the exception.

[hatshepsut93]

Here is a link to post in original:  https://www.facebook.com/oleg.gorohovsky/posts/4223629847665641

The guy just experienced some FOMO after Elon Musk's buy. It's a cool example that shows that institutional investors, enterprenuers, professional traders aren't 100% immune from emotional decisions, we're all human after all.

Why monobank claims they are the most technological bank? I mean what makes from a bank the most technological bank, I feel like that claim is easy to make but hard to prove.

It's just their marketing strategy. They exist entirely on the web, so they think it make them special, but their user experience is not that different from other banks that have an app.

[Flodner]

The guy just experienced some FOMO after Elon Musk's buy. It's a cool example that shows that institutional investors, enterprenuers, professional traders aren't 100% immune from emotional decisions, we're all human after all.

But he said he has Bitcoin for long time and a relatively big portfolio
So I think it's not him experiencing FOMO but many others who didn't have a chance to get Bitcoin at cheap price

[best123]

Many know that Blockchain technology is superb, forget about the criticisms. The technology is a great one indeed. Some are saying that it aid money laundering while some it is used to fund terrorism etc. Before the inception of blockchain technology, all have been existing.
The technology use cases are numerous to mention.

[mk4]

..and he's pretty much being laughed at lol.



Not sure if there's context behind this about this founder, or of it's just that people are laughing at him due to being bullish on Bitcoin. If it's the latter, it just comes to show that we're still really early.

[Kittygalore]

Many know that Blockchain technology is superb, forget about the criticisms. The technology is a great one indeed. Some are saying that it aid money laundering while some it is used to fund terrorism etc.

You can't simply forget about criticisms, they can be a useful tool for someone to be pressured not to pass a legislation about something, in this case it is bitcoin that is in the hot seat, the reason that people are voicing their concern regarding money laundering is not because of bitcoin but because it can be done through bitcoin. I think that there is nothing surprising with this one since it is pretty hypocritical to call them the most technological bank in the world but doesn't support bitcoin.