Banks will always be against cryptocurrencies?

[Rustamm]

Over time, banks will be forced to work with cryptocurrency, regardless of whether they want it or not. This will happen in addition to their wishes, especially after the states legalize cryptocurrency. Therefore, I believe that banks will not always oppose the introduction of decentralized cryptocurrency, the time will come when they themselves will want to have a profit from operations with cryptocurrency. Banks will eventually work with cryptocurrency.

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[zitbau]

As bitcoin grows and more people accept it, it will actually be a threat to banks. But in my opinion, banks will not try to fight bitcoin, because it is not conducive to banks. Instead, the bank will accept bitcoin and take profits from it. This is a way to help banks survive and develop with bitcoin in the future.

[Vladislav2306]

Yes, there is growing interest of banks to incorporate blockchain technologies into their processes, but not bitcoin. They look in Ripple site, because of it centralization and real benefits as fast transactions and low fee for them. I don't think banks will ever accept bitcoin.

[fzavertuk]

I agree with you! Not all banks are against crypto-operations. If you take a sober look at only against those who wants to earn some money. Get your percentage. Further, if it is virtual money, the Bank will not be able to put your money into circulation. That could bankrupt him. And in General, the idea is very cool to the banks could perform such operations.

[lyntruongakad09]

Just now, I think the future bitcoin will become a currency and the bank will have to circulate it because of its influence

[tasterchoice]

Banks oppose bitcoin because electronic currency remains a major threat to bankers. The electronic currency remains a major threat to bankers. They are all surprised by the rapid overwhelming of the electronic money world is growing rapidly over the past few months. However, not all banks hate electronic money. Some have invested in electronic money. In the future, banks will see the benefits that this technology brings and slowly accept it.

[Taufik blackspade team]

I also don't believe it. Several kinds of speculation have been issued stating that a system like bitcoin makes banks abandoned, instead of bitcoin does not require intermediaries and everything has been recorded in the public ledger. But the reality seems to be talking the opposite. The bank will instead take advantage of this situation somehow.

[blocklancer8]

In my opinion, the existing banks are a little surprised by this blockchain technology so that the banks make restrictions that narrow the streak of the cryptocurrency. But if an existing bank adopts this blockchain, the bank will actually be profitable and this will take time to adapt.

[Louis Jackson]

NO, I don't tink so. as bank have applied blockchain; backbone of bitcoin  in their bussiness. Blockchain technology has many advantages such as: Ensuring transparency through the ability to store information, transaction data in the chain closely linked,  thereby reduce the cost, the delay of the transaction; Security is ensured by the use of a secret key pair

[Chrisjay29]

Its not surpricing that bank will against bitcoin it because bitcoin is a threat on them. Imagine bitcoin can make your saving twice or more in one year while bank cannot do that.

[AAKODI]

I think majority of banks consider bitcoin and other cryptocurrencies are thereat to there existence in the future because if a person uses bitcoin or other altcoins to do payment or transactions except to take fiat money through a conversion most of the time the use don't need the service of a bank to do anything so eventually banks will run out of businesses and that is why majority of banks are against bitcoin and other digital currencies

[AAKODI]

The reason why banks will always be against cryptocurrencies is that, since btc in its nature is a decentralized cryptocurrency and that they will not get anything from it when they allow all people to accept it.

I agree with what you have mentioned and bitcoins decentralized nature is the main fact that banks will never work in favor for bitcoin or its existence because there is no possible way for them to gain anything from it except if they provide services for its users to convert bitcoin into fiat or the other way around but it is not profitable at all and if most people starts to deposit there money in bitcoin wallets instead of using banks they will collapse so banks were against with bitcoin from the beginning

[Re....]

crypto currency will always be profitable for any industry, including banks, as long as they can manage the blockchain system they have, of course the crypto currency becomes a very high value to be developed, especially banks that can save money from anywhere including BTC and ETH. Integration of banks with blockchain at this stage has been realized ......

[cryptonewsID]

crypto currency will always be profitable for any industry, including banks, as long as they can manage the blockchain system they have, of course the crypto currency becomes a very high value to be developed, especially banks that can save money from anywhere including BTC and ETH. Integration of banks with blockchain at this stage has been realized ......

indeed many banks do not agree that there will be bitcoin, but in this modern era blockchain technology will be very useful for the development of banks now and in the future. and it would be great if all banks have a blockchain system.

[Karie_Legend]

crypto currency will always be profitable for any industry, including banks, as long as they can manage the blockchain system they have, of course the crypto currency becomes a very high value to be developed, especially banks that can save money from anywhere including BTC and ETH. Integration of banks with blockchain at this stage has been realized ......

indeed many banks do not agree that there will be bitcoin, but in this modern era blockchain technology will be very useful for the development of banks now and in the future. and it would be great if all banks have a blockchain system.

Some countries that disagree with Bitcoin will surely hate the emergence of Bitcoin even though Bitcoin has a good side for a country's development.

[maxy1999]

the bank is not only against bitcoin but also forces the government to ban cryptocurrencies bcoz they dont want crypto to enter to their country
so that there is no use of bank if everyone starts using the cryptocurrency ,
that is the biggest fear causing the bank....

[Vengloker]

At future, banks would inevitably accept and even use it because they saw the cryptocurrency capitalization continue to grow. Isn't this a great opportunity to gain profits other than what they have done?

[pra]

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.

[raking]

If everyone uses cryptocurrency to trade, and at the expense of high security, financial intermediaries such as banks exist for nothing, and the government will not be able to collect taxes on deliveries. Translate. The government will lose a great deal of tax revenue so the government and banks will block the bitcoin.

[PanGiMoon]

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.

The fact that the cue itself is not worth 15K green - it's obvious. The only question is where the speculative inflating of the bubble will reach. I personally think that would just pout for it, maybe up to 50K walk.