vincesmart (OP)
Newbie
 Offline
Activity: 51
Merit: 0
|
 |
April 15, 2018, 11:53:57 AM |
|
In future will the banks be able to exchange crypto? Now we are exchanging from traders...but when (if) the popularity of crypto increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of crypto?
|
|
|
|
|
|
|
|
|
|
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Cult
Full Member
Offline
Activity: 479
Merit: 100
Enter the future of gaming
|
|
April 15, 2018, 11:57:05 AM |
|
Why do you need to exchange crypto in a conditional bank if you already have a number of intermediaries in a form of online exchanges?
|
● Play Learn and Earn blockchain game ● |
|
|
Ivo2012
Member
Offline
Activity: 68
Merit: 19
The best way to predict the future is to invent it
|
|
April 15, 2018, 12:03:03 PM |
|
I think the idea of crypto is that we will not need banks anymore. If crypto gets bigger, more scalable and more widely accepted it can be used for payment and you won't need a bank. What would you want to use a bank for?
|
WINGS Beta is live - List your ICO for only 5000 WINGS at https://wings.ai Over $650 Million raised by ICOs with WINGS since June 2017 |
|
|
|
Bytem3
|
|
April 15, 2018, 12:05:14 PM |
|
I think in the future banks will be able to store your crypto and also exchange it. I'm happy to see that crypto is finally waking up after the winter  |
|
|
|
|
hase0278
|
|
April 15, 2018, 12:09:07 PM |
|
In future will the banks be able to exchange crypto? Now we are exchanging from traders...but when (if) the popularity of crypto increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of crypto?
It can also be that users by that time won't necessarily convert crypto to fiat currency since in the future crypto might be used to pay in groceries, restaurants and malls like how credit card functions. The only difference is that people pay with their smartphones scanning qr code instead of traditional way of paying over the counter. It might also be used by that time to pay for services even in the real world. |
|
|
|
|
CHENIEN
Member
Offline
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
|
|
April 15, 2018, 12:12:59 PM |
|
If we talk about that there will be a future bank that change directly in cryptocurrency to make a real money, maybe it is possible, because there's a lot of banking institutions planning for the total adaptations of cryptocurrency, but until now there is no such total implementation. But I am pretty much sure that there will be a banking institutions accept cryptocurrency soon.
|
|
|
|
|
djgtr
|
|
April 15, 2018, 12:15:02 PM |
|
I think in the future banks will be able to store your crypto and also exchange it. I'm happy to see that crypto is finally waking up after the winter I think as well and recently I have heard from a friend that he invested his money from bitcoin through banks. Unfortunately,he didn't tell further information about it. O guess banks could all adapt crypto policies in storing money. However,the concern is the way it develops and the maturity of it in the future. There must be a due process in the investment and a safe regulation so that it can bug unauthorized person to get the details of your investment. Crypto has a wide and good potential in the future in banks or any establishments it may have. |
|
|
|
|
ekowkow
Member
Offline
Activity: 476
Merit: 14
JUST HODL !
|
|
April 15, 2018, 12:17:52 PM |
|
there is a possibility that banks will receive crypto exchange, but it is very difficult because there is a need for regulation to ensure that security is maintained. because all this time the bank always needs identity and personal data, it is in contrast to cryptocurrency system that does not require identity and personal data.
|
|
|
|
|
cryptonx
Sr. Member
Offline
Activity: 1176
Merit: 252
Futurov
|
|
April 15, 2018, 12:24:37 PM |
|
just personal opinion maybe at this moment the banks is learn and make a reseacrh on cryptocurrency, and the tech behind it thats called blockchain  i believe In future the banks will be able to exchange crypto to fiat |
|
|
|
btcluisdiki
Member
Offline
Activity: 448
Merit: 10
|
|
April 15, 2018, 12:29:35 PM |
|
there is a possibility that banks will receive crypto exchange, but it is very difficult because there is a need for regulation to ensure that security is maintained. because all this time the bank always needs identity and personal data, it is in contrast to cryptocurrency system that does not require identity and personal data.
In my views, I think that time will come that banks will transact and exchange cryptocurrencies because this has become more popular nowadays. Perhaps, this has been into consideration in the future of bank transactions which will be more adaptable to the cryptocurrency users. |
|
|
|
|
|
ORiN
|
|
April 15, 2018, 12:30:14 PM |
|
The authorities of some states actively resist the introduction of crypto into the banking system. Perhaps this is a banal fear of losing power is based on fiat money.
|
|
|
|
|
ekeh
Jr. Member
Offline
Activity: 278
Merit: 1
|
|
April 15, 2018, 12:39:49 PM |
|
crypto-currency has a great futures because it is digital asset and well secured which, no gum man can be attack or harm you, because is virtual money, which is known as digital currency that perfectly working online and more reliable to used at any point in time, secondly crypto futures is circulate across the nation and it we save as bank time to come, any crypto investors or trader is simply known as bank manager him/her self with out time daily transaction.
|
|
|
|
|
zacxavier
Jr. Member
Offline
Activity: 116
Merit: 1
|
|
April 15, 2018, 12:51:31 PM |
|
In future will the banks be able to exchange crypto? Now we are exchanging from traders...but when (if) the popularity of crypto increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of crypto?
Crypto future as I see it from what it is doing now, I think it is pretty great times ahead. The technology, the price bubble and dips, I just see it as an exciting market and could bring BIG CHANGES to our daily lives. The decentralization, transparency would make everyone feel secure, and we all know what ethereum and bitcoin are doing right now and what changes they affect us. |
|
|
|
|
RockHenki
Member
Offline
Activity: 238
Merit: 10
|
|
April 15, 2018, 12:54:50 PM |
|
Yes, I think the time will come when banks will trade and exchange crypto, as this becomes more common in the future, and the technology behind it is good. Crypto has great potential. in the future in banks or any other facilities that it may have.
|
|
|
|
|
|
owengtam09
|
|
April 15, 2018, 12:56:26 PM |
|
In future will the banks be able to exchange crypto? Now we are exchanging from traders...but when (if) the popularity of crypto increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of crypto?
I still believe that crypto has a good future. Just like bitcoin, other altcoin has a potential to grow and to improve even though we all know that some altcoins are relying in bitcoin, as long as there is bitcoin, altcoins will still there especially to those that already prove their coins. Many of us already gain profit with altcoins and I believe that there are still many of us will gain profit too just like others do. |
|
|
|
|
Sanjida
Copper Member
Newbie
Offline
Activity: 238
Merit: 0
|
|
April 15, 2018, 01:00:02 PM |
|
Definitely crypto currency has a great future of the whole world.it can also be that users by that time won't necessarily convert crypto because this has become more popular nowadays.there's a lot of banking institutions planning for the total adaptations and i trust really it's future very bright coming up day.
|
|
|
|
|
|
Thanasis
|
|
April 15, 2018, 01:02:25 PM |
|
In future will the banks be able to exchange crypto? Now we are exchanging from traders...but when (if) the popularity of crypto increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of crypto?
In future we will only use cryptos we no need to exchange it into fiat money if the crypto currency had enough growth in the future.And banks also never supports these kind of process because basically crypto was found to change the old traditional banking system so we can't expect them to do these kind of activity. |
|
|
|
Anzal RK
Member
Offline
Activity: 420
Merit: 10
|
|
April 15, 2018, 01:03:28 PM |
|
future of crypto  hmm. i think for now crypto still not yet be accepted for every county and this world. crypto is future of this world but maybe to fast to start it. so just wait and see how it can be int the future. |
|
|
|
|
|
khufuking
|
|
April 15, 2018, 01:09:55 PM |
|
The real future of crypto should be in the ability to ditch the need of banks and fiat , It is in the ability to accept crypto instead of fiat , even one small store accepting crypto is a step in the favor of cryptocurrency as a whole . I hope we see one day people buy crypto so they can buy things online not just as an investment . I know couple of friends that use BTC as a way of payment , I can say they are rarely sell BTC for fiat they always buy BTC and use it as main way of payment .
|
|
|
|
|
|
elpiji
|
|
April 15, 2018, 01:13:26 PM |
|
the future of crypto will be good if everyone knows and is interested to join in it so that in the end will be many who use as a transaction and it is the beginning of the progress of crypto.
and keep in mind that crypto does not need a bank to develop properly so that nothing regulates the value of any of the particular coins
|
|
|
|
|
|
