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Author Topic: banks investment and the crypto world  (Read 367 times)
Dudeperfect
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August 01, 2018, 01:00:11 AM
 #41

Well, it is true that banks are curious about the crypto industry and not everyone from the banking sector believes that crypto is going to kill banking. However, everyone agrees that change is about to arrive and banks must transform their services and optimise it in order to survive in this transformation process. Probably that's the reason why some banks have already started their blockchain R&D departments and testing this technology.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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St4yInTh3D4rk
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August 01, 2018, 01:18:37 AM
 #42

Its really good to know that banks are now getting to know the potentials of crypto that they've decided to venture into it. Though bank investment is the safest but you can compare the profit in bank investment to crypto investment.
Banks have two types of investments that is depositing and investing,so both have different risk level.All the people think that depositing their money into the bank account is safe but it actually the most useless depositing because the long time investment as fiat money will kill its value because of inflation and also many governments have such policy that they an take the users's balance if they made serious loss in their stocks so know your bank's policy before saying that is safest.When comparing with that the crypto investment is much profitable with the considerable amount of risk level.

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August 04, 2018, 09:24:45 PM
 #43

Well bank and cryptocurrency both function to stabilize economy in a country. banks see the crypto world as a great avenue for earning money too. Although cryptocurrency investment comes with risks than bank investment, I will choose cryptocurrency investment over bank investment.
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