Banks will always be against cryptocurrencies?

[Nolimitz84]

All competent bank leaders see only positive aspects in new technologies. And now many banks are trying to introduce these technologies into their activities. And I think this is correct. Against the cryptocurrency, first of all, some political figures come out and, following them, the banks.What is the purpose of the bank? To get profit. What is the difference with the help of what to get this profit?

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[Anderson_smash]

I have read reports of how banks have frozen the bank accounts of persons who they suspect to be dealing on cryptocurrencies even when there are not explicit law against the use of cryptos I such countries. The goal is to scare people off from using it because they know that it had the potential of changing how people see money

[Sam San]

All competent bank leaders see only positive aspects in new technologies. And now many banks are trying to introduce these technologies into their activities. And I think this is correct. Against the cryptocurrency, first of all, some political figures come out and, following them, the banks.What is the purpose of the bank? To get profit. What is the difference with the help of what to get this profit?

ordinary banks can easily adapt to the work of cryptocurrency. opponents are the Central banks responsible for issuing Fiat money. they're melting away the possibility of control.

[rumexx]

Banks were actually fighting cryptocurrency and they know that blockchain will be the next big thing in the global financial transaction. The banks knows that since bitcoin did not go down completely this year that all they can do is over. The banks has nothing to do again than to fine way to incorporate blochchain technology in their system so that banks will still remain relevant in the near future when blockchain would have taken over.

[hahay]

The bank has been against cryptocurrency even though the government in its country is neutral, that's what happened to my country and there are even some countries that shut down exchanges crypto to fiat in their countries, this is not an action by the government but an action taken by the national bank that is there. Do not understand why the bank continues to oppose cryptocurrency, even though I still see and feel the positive side of crypto itself.

[nikola22]

The bank has been against cryptocurrency even though the government in its country is neutral, that's what happened to my country and there are even some countries that shut down exchanges crypto to fiat in their countries, this is not an action by the government but an action taken by the national bank that is there. Do not understand why the bank continues to oppose cryptocurrency, even though I still see and feel the positive side of crypto itself.

it's a logical step from banks because with the growth of the use of cryptocurrency they lose money. people don't make deposits but buy different coins and banks are angry with such situation.

[bitcon]

As I have heard, some of the European banks have been already working with the cryptocurrencies. I think, in future, the number of them will grow. It is evident that the cryptos bring much profit to all.

[reverseflash]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Most likely, in the future, banks will begin to announce and release their own altcoins, because cryptocurrency is the potential future of the financial market. The sense of the bank’s work for the owner is to make a profit, .. I don’t think that someone sane will refuse or, all the more so, fight against making a profit.

[Kaznachej123]

Correct i agree with you mate banks will not all is against cryptocurrencies, some other banks accept bitcoin to convert into fiat, people making issue to banks betwwen cryptocurrency to make an understanding partnership to blame the people.

   Banks win when it comes to money but at least now we have alternatives. This is revolutionary enough in order to reshape things.

[Desmond1656789]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Cryptocurrency implies the lack of a paper equivalent. And that means creating a new market. Therefore, banks and oppose Coins

[MajkD000ooo]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

It’s not quite clear yet how tokens will influence the world market and what the creators have in their plans. But still, banks should be wary

[Ponti]

At some point banks will acquire blockchain technology or its successor, e.g now banks are acquiring XRapid technology by Ripple. Our future lies in the cashless society and digitalized payment solutions. You can experience the benefits of such technology today, e.g. you don’t need to carry your credit card anymore, you may just install a special app that will act as your credit card in your smart phone.

[SunGod-1]

Crypto's threaten the banks livelihood and very existence and therefore to make the two friends will be difficult. Like any evolving technology banks will have to adopt, adapt and find their niche within this space in order to survive, otherwise the history books will pen them on their pages.

[andrejka]

No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

Banks have no chance - whether  to join the revolution of financial system and maybe even lead it or just leave the market and die) Nothing would save them from epy all-seeing eye of blockchain)

[Eteuk]

Yes I am agree with u.I think that bank will  Allow cryptocurrencie. In future money is cryptocurrencie.
     

[MbakNarti]

I think that whenever the bank will always be opposed to cryptocurrency, because the existence of cryptocurrency is considered a threat to banks, because of the existence of a cryptocurrency the bank has certainly lost some of their customers who have switched to cryptocurrency investments. This is one example that banks will always be opposed to the existence of cryptocurrency, and of course there are also other reasons that cause banks to oppose cryptocurrency in addition to what I have mentioned.

[djselery]

Banks will stay against cryptocurrencies for several coming years, at least. As long as the most governments around the world are fighting Bitcoin and the other cryptocurrencies, the banks will never support these currencies, and they will continue their support of fiat and local currencies.

[Renampun]

they consider the biggest threat is that they cannot control finances anymore, if we think logically, actually they can also make their own cryptocurrency and market it, because no matter how strong they reject it and against Cryptocurrencies, cryptocurrencies will continue to grow. I hope they are aware of and begin to accept the existence of cryptocurrencies.

[mazdafunsun]

First of all what is bank in 21st century? Or more importantly what will Bank look like in 10 years.

i want to turn your attention to startups like Revolut, it has already 2 million and more customers right now, their fees are very low and they have an option to buy and sell the most popular cryptos. In general I dont think that banks will have the luxury to not go with time and not accept cryptos in one or other way.

[dmamigo]

Blockchain and cryptocurrencies are bound to be adopted by the banks, why? they don't have choice as OP mentioned that the capital is there and the banks won't waste opportunity of catching it. At first, it seems odd to see themselves adopting it but they will learn it later on that there's a big market that they can also collaborate with it. As long as there's money, they will not waste any single opportunity like adopting cryptocurrencies.

Banks are not against cryptocurrency, the government is, who generally controls the Banks. And most Governments are not against blockchain, trade between fiat-crypto's are restricted at the moment, this is just to make sure there is no money laundering been taken place. Already I read few countries are planning to adopt Blockchain technology along with plan including to implement their cryptocurrency, I guess then the restriction might be over or will be allowed with regulations.