Will bank and crypto industry unite or be linked?

[apitico]

This is already happening and decentralization has long been questionable. Only a few coins can be considered really decentralized and then I'm not sure.

[alarsincoin]

I think that banks have a negative attitude towards cryptocurrency. It seems to me that they can never accept cryptocurrency. But maybe I'm wrong.

[odukoyaewatomi27]

Personally I believe that there will be a future connection between the banking / financial system and cryptocurrency 8n order for both of them to fully survive in the decentralized era. Because both cannot stand alone without linking up

[posi]

I think that banks have a negative attitude towards cryptocurrency. It seems to me that they can never accept cryptocurrency. But maybe I'm wrong.

You're right due to their habit towards crypto currencies in the past but we cant blame the banking sectors for that because the government of each nations were the real one behind it and they have negative attitude towards crypto currency because it give people total liberation from the government and this why they supported centralized coins (like ripple).
With that been said, the future is still bright that will be some kind of unite between crypto currency and banks in the future because the statement made the IMF boss seems to woo some Central Banks.

[nonbody]

If this will happen is it possible that decentralization be compromised?

I think that in the short term, banks can't have the rights below and cooperate with confidential currencies, so the bank's business will lose a lot.

[funchiestz]

If this will happen is it possible that decentralization be compromised?

Currently it is already established a bond between Ripple and some banks. This can spread in the future, of course. But I'm not sure if this kind of relationship can be established with decentralized assets!

[Mr.Spreadthehamster]

It is really difficult to imagine a decentralized banking system as long as the concept of power and money exists. Let the technology Blockchain be implemented in banks, they still will not cease to dominate.

[trudovik]

Today it is unknown to anyone except time and manipulators who today rule the world. You understand that the development of humanity today, in any case, will be completely normal, only if it is followed.

[sulis sudibyo]

I'm sure it will come true. just look at many crypto projects in the banking sector and it's only a matter of time until existing banks integrate their services with blockchain technology.

[tamango]

I think that crypto can't merge with banking system completely because decentralization means no central control over it and banks want control.

[whaawh]

I think that crypto can't merge with banking system completely because decentralization means no central control over it and banks want control.

in any case, there will be a certain control over the cryptocurrency. Moreover, you should understand that the cryptocurrency market already today has certain bridges from the financial system of many countries and the banking system too. As an example, you can give a project ripples.

[SinisterBountyHunter]

I certainly hope not. And in your doubt, yes the decentralization feature for the cryptocurrency will be totally destroyed. Because like the bank, it is well being monitored and is regulated.

[MonaLeeTracy]

If this will happen is it possible that decentralization be compromised?

we never know how crypto is going forward. because until now crypto has not been approved by the government. so to conclude that crypto will be connected with the government is difficult.

[veekky]

Yes, these industries will be linked, but I don't know in which way. Probably banks will provide users with crypto services, like crypto deposits or bank will be intermediary between user and crypto platform

[Huntler1993]

Well I don't expect it to happen since the nature of the market system is really volatile and would be difficult to handle in a decentralized  state as we experiencing now.

[dipeco]

For sure, I can hardly imagine that crypto will completely replace banks or that crypto will die. The best possible solution is that banks will adopt crypto currencies and will offer better services with much smaller fees.

[Abal Abal]

actually the possibility of a unified bank and crypto industry exists, but I see most banks as anti-crypto and it turns out that the way banks look for income is behind the crypto way, such as interest rates etc. if you see that it is as if it is impossible for banks and the crypto industry to unite.

[desticy]

As long as the crypto market is in such a destabilized state, it will not be able to compete with banks, and therefore it will not be useful for banks, therefore at the current stage of development they will be separate from each other.

[ElenaN]

The only thing that would be interesting for tanks is most likely the blockchain technology, the cryptocurrency itself is unlikely to interest them!

[Irvinn]

It is really difficult to imagine a decentralized banking system as long as the concept of power and money exists. Let the technology Blockchain be implemented in banks, they still will not cease to dominate.

Banks especially will not change anything in their activities. They will only partially use the cryptocurrency and this use will mainly consist in the services of exchanging cryptocurrency for other types of currencies. Commercial banks may try to use it in other qualities, but I am not sure that anything will come of it. The use of cryptocurrency by banks will not mean a change in its decentralized nature or a change in the organization of the banks themselves. It will be mutually beneficial cooperation. What it will lead to is difficult to say.