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Author Topic: Will bank and crypto industry unite or be linked?  (Read 23521 times)
Mr.frost (OP)
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July 19, 2018, 08:52:24 AM
 #1

If this will happen is it possible that decentralization be compromised?
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MadGamer
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July 19, 2018, 08:58:01 AM
 #2

Regardless of what anyone says including CEOs of big banks, this is never going to happen.

Banksters want to control, there is no place for decentralization or anonymity here. The system is made to enrich the rich and to enslave the poor, they'll never accept or any other cryptocurrency that they don't have full control of.
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July 19, 2018, 09:01:05 AM
 #3

the "crypto industry" is not one place or one person to go unite with something!!! it is a big world of different people and a lot of different projects in it.

the banksters have already entered some of it. for example the altcoins they control and pump and dump. but that doesn't change anything for the whole thing. it is just one group taking advantage of the bad situation in the altcoin market. if a cryptocurrency (like bitcoin) is  decentralized it is decentralized and that is not going to change.

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vova.andreyan.94
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July 19, 2018, 09:04:12 AM
 #4

I think so, because the banks will have to change their policies if they do not want to lose money!
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July 19, 2018, 09:05:46 AM
 #5

The true implication of decentralization is the removal of central authority like banks, if a bank decides to acquire a particular crypto project, there is the likelihood that it becomes centralized, people generally in the space will not welcome such.they simply will switch to alternative
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July 19, 2018, 09:08:31 AM
 #6

Crypto is defined as hierarchical. Hide identity. And the bank is always transparent and clearly controlled so I think there will never be a bank and crypto linked together. Absolutely impossible.

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July 19, 2018, 09:08:40 AM
 #7

Nope. This will not happen anymore because Bank has control or Centralized, while the Cryptocurrency is more on Decentralized. Credit Cards Companies is possibly Smiley
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July 19, 2018, 09:12:29 AM
 #8

Well i dont think unite is the best word to use, compromise would be appropriate. I think banks and crypto will compromise in the future. Regulations from different countries has been in the making and this would really open doors to crypto and might affect certain bank policies. So in order to coexist i think these two entities should come up with a very good compromise in order to be successful.

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July 19, 2018, 09:14:02 AM
 #9

These two areas in my opinion will never be intertwined, as these two activities work in the opposite direction, one in real life, one based solely on virtual money. Therefore, it is difficult to combine.
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July 24, 2018, 12:21:17 PM
 #10

Not likely... Bankers also know how to count their blood money, and will never give it to anyone or unite with anyone. Although part of the banks, maybe it will go. But this will be part of, and all banks.

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unusualfacts30
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July 24, 2018, 12:24:03 PM
 #11

Well i dont think unite is the best word to use, compromise would be appropriate. I think banks and crypto will compromise in the future. Regulations from different countries has been in the making and this would really open doors to crypto and might affect certain bank policies. So in order to coexist i think these two entities should come up with a very good compromise in order to be successful.

Yes, there are certain alts that are already controlled by bank for the most part but I don't think there would be any unification in the future as that would mean banks would have to give up their control. control is all the have they wouldn't give it up. Compromise is a better term, they're already realizing what they're missing out by not being friendly with crypto world.

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slavasxpu
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July 27, 2018, 10:23:59 AM
 #12

I believe that this is unlikely, because if there is still a merger of banks and cryptocurrencies, the banks will seek to destroy the decentralization inherent in cryptocurrencies.

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freshbcash
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July 28, 2018, 05:50:10 PM
 #13

I think it's quite possible. As far as I remember, some banks have already announced plans to merge with crypto-currencies.
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August 02, 2018, 10:05:07 AM
 #14

I am sure that this symbiosis will be very peofitable and useful because each of elements has its own advantages and they could get a large success together.
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August 03, 2018, 08:55:08 PM
 #15

As in our time, crypto currency is increasingly beginning to enter into everyday life, such an outcome of events is quite possible.
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August 05, 2018, 07:27:13 AM
 #16

it will never happen because the cryptocurrency is not centralized and not regulated by any institution.
if the bank is centralized and led by one power.

if the type of cryptocurrency is centralized is Ripple, unfortunately I don't like Ripple!
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August 05, 2018, 09:53:02 AM
 #17

Of course, if the government releases cryptocurrencies, some countries may unite. This is different from the difference in each country.
VanDeinsberg12
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August 05, 2018, 10:18:32 AM
 #18

The true implication of decentralization is the removal of central authority like banks, if a bank decides to acquire a particular crypto project, there is the likelihood that it becomes centralized, people generally in the space will not welcome such.they simply will switch to alternative
Alright those centralized institutions should be removed from the system to get the decentralized system which offers to many advantages, Bank as the biggest centralized institution should not be involved in the crypto industry.

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August 07, 2018, 09:59:42 AM
 #19

There is a possibility for this to happen. If cryptocurrencies become fully accepted, there is a great chance for this to happen. There are already news that some banks are championing some of the altcoins already, so it wouldn't even take long for a unification to happen already.
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August 07, 2018, 10:23:03 AM
 #20

this, what you call "crypto industry" was created so that we can have decentralization and the benefits of that including getting rid of banks and banking system which is mostly corrupt and is causing a lot of economical damage.

despite all that the banking cartel have already entered the scene. the most obvious case is Ripple and you can see how bad and failed it is.

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