Purchasing biggest crypto exchanges by banks

[xIIImaL]

What do you think about the subject. I see two different variants how we go further due to this fact.

1. Banks want to destroy crypto and buying exchanges to make them scam at one time.
2. Banks know that Wall Street is ready to enter the market and supposed to get good profit in the nearest future.

What variant you vote for?

This shit banking giving lots of trouble to the crypto currencies still it emerging in the market bro. I expect coins such RIPPLE and other coins which have the connection with the centralized medium will vanish out the crypto currency completely.
Please do not buy any centralized crypto currency like XRP.

If everyone here in the forum stop investing on the cheap banking related coins. They banking fuckers will not fight back with the crypto currencies.

[Vyacheslav7755]

What do you think about the subject. I see two different variants how we go further due to this fact.

1. Banks want to destroy crypto and buying exchanges to make them scam at one time.
2. Banks know that Wall Street is ready to enter the market and supposed to get good profit in the nearest future.

What variant you vote for?

This shit banking giving lots of trouble to the crypto currencies still it emerging in the market bro. I expect coins such RIPPLE and other coins which have the connection with the centralized medium will vanish out the crypto currency completely.
Please do not buy any centralized crypto currency like XRP.

If everyone here in the forum stop investing on the cheap banking related coins. They banking fuckers will not fight back with the crypto currencies.

I hate XRP and agree that is trap in the crypto market and we must get rid of it.
I never bought it even for speculative purposes because I'm follower of true crypto.

[Emma Alex]

Banks have the power to buy exchanges, and if they do the data of crypto users could end in the hands of people that are against the principles of bitcoin. Imagine a bank owning your exchange data, they'd easily hand it to whatever government without second thoughts.

[Vyacheslav7755]

Banks have the power to buy exchanges, and if they do the data of crypto users could end in the hands of people that are against the principles of bitcoin. Imagine a bank owning your exchange data, they'd easily hand it to whatever government without second thoughts.

Considering that crypto is still fake in legislation area then they can do it without any consequences.

[BelieveInBTC]

Large exchanges being purchased by large companies or banks is a bad sign. There are some decentralised exchanges and it looks like we will have to switch to them really soon. The second variant is more appealing but I still think that decentralised exchanges will become a real things after LN becomes more popular among Bitcoin users. Governments are trying to force crypto-exchanges to give them our information. They won't be able to get them from decentralised one.

[richman0201]

 I will have to vote for both variance. Look most of the banks are against crypto. Because it is taking over their share and market. But if you say about Wall Street, it is different issue. They know very well to hold their acceptancy. They welcome new technology and the change for the market demand.

[Aleshia696]

I don’t think bank wants to destroy crypto as customers have bank accounts to transact with crypto and bank offer them to do so.

[Vyacheslav7755]

I don’t think bank wants to destroy crypto as customers have bank accounts to transact with crypto and bank offer them to do so.

My thoughts that in nearest time new one crysis will happen like it was 10 years ago. World wide bank association already knows something which is top secret now and cooking something.

[catok broek]

What do you think about the subject. I see two different variants how we go further due to this fact.

1. Banks want to destroy crypto and buying exchanges to make them scam at one time.
2. Banks know that Wall Street is ready to enter the market and supposed to get good profit in the nearest future.

What variant you vote for?

1. They need to buy and control the whole blockchain and buy all exchanges and also need to stop every other people to build another exchanges.
    Possible ?? NO !!

2. that is what bankers do. Banks' purpose is gaining profit. in fact, banks need to do nothing, because exchanges users will always go to banks in case of withdrawing their money.

[Maryverycool]

What do you think about the subject. I see two different variants how we go further due to this fact.

1. Banks want to destroy crypto and buying exchanges to make them scam at one time.
2. Banks know that Wall Street is ready to enter the market and supposed to get good profit in the nearest future.

What variant you vote for?

I think it's because bankers see the development of the currency has been unstoppable, so to find a way to participate in the currency, in order to faster integration into the currency, they chose to buy a encrypted exchange, I think it is a good way to participate in encryption currency

[Pancheng]

Bank will lose their money if they bought a bunches of exchanger, since when exchanger end a developer can just create one when he wants too and do advertise their service again, so bank will just lose their money if they think this way.