Banks will always be against cryptocurrencies?

[Siti Nurbaya]

Gradually, surely the bank will provide the opportunity for bitcoin to exist in its network. Bank employees will be more observant with the changes that occur, bitcoin is a personal asset that can grow with many communities.
The number of communities and the number of people who need them will certainly serve bitcoin as well and can be exchanged for fiat, so that the bank will have the opportunity to add to the customer community / customers.

[seanskie18]

I think it won't be always that banks will against cryptocurrencies. Bank wanted to get a fee to maintain their business and get some profit from the transaction of a client. So if the bank get a transaction fee from bitcoin, they will allow it to transact using banks.

[Helex]

I don't know about other country but In india indian bank is against cryptocurrency and they ban any type of crypto related transaction.

[ksupriya94]

In India, Bank is fully against Bitcoin and Crypto even they also not support the exchange activity such as withdrawal from exchange or deposit money in exchange.

[bp.comp69]

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.

not all banks oppose crypto, there are several banks that instead choose to collaborate with Crypto
the point is that banks that oppose crypto are banks that are too jealous and consider cripto as their rival.

[audaciousbeing]

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 purported attack against bitcoin by the banks when looked holistically is nothing short of "make believe ". In the sense that because most government is yet to make their position known on the technology, they tend not to be at the forefront of the matter but behind the scene, several research and development are going on that will be surprising to every one eventually when its launched as banks compete between themselves to be the first to launch a particular technology.

Even today, various committee that are currently discussing on the implementation of blockchain/ bitcoin would still consist of top bank officials as they are the ones government would call upon to formulate policies compared to a developer working from garage.

[javadsalehi]

The world is always changing. New technologies are always replacing traditional systems. It's natural.
New things usually aren't accept first. But they are finally accepted. Cryptocurrencies are the same.  They will be finally accepted.  

[lendahawkins]

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.

Yes bank should be able to develop and accept a changes. Crypto getting bigger everyday and blockchain is the reasons behind this development. Maybe in future there will be a loan using cryptocurrency that offered by bank.

[glowing10]

I don't know about other country but In india indian bank is against cryptocurrency and they ban any type of crypto related transaction.

If btc becomes part of the bank then their fees which they charge for the money transfer through remittance will get stop as btc fees is hardly as compared to those of bank charges. Thus due to which bank are in denial mode to accept the btc

[rnssol]

Cryptocurrencies remain a big threat for bankers. It’s overwhelming how fast the crypto world is growing in the past few months. There are hundreds of ICOs and enormous fluctuations in major cryptocurrencies such as Bitcoin and Ethereum. Despite this being a big hurdle for banks, it is what many investors love. However, not all bankers hate cryptocurrency. Some have already invested in cryptocurrencies.

[qumeijia]

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 sounds pretty more awesome that Banks today is having interest in use blockchain technology into its system of process due to the potential of blockchain. Blockchain technology is unavoidable, it comes as the world movement that tends to run on digital era. Therefore, blockchain comes and brings its advantages and value for it. It should not be against by banks, but banks should incorporate blockchain technology to build greater process and service for customers.

[Jaycee99]

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.

Agreed it is a never because banks can use this cryptocurrencies of our to earn money and a fact that it can help us more.

Plus one more thing to ask.

Where did you get this information? What is the world you got this idea Iam not againts you but your explaining this and telling it like we do not know but if some do not know say it like you got this information from somewhere like links.

[xuan87]

I doubt bank will accept crypto fully, if the bank want to adopt crypto there will be a lot of regulations that are going to violated the crypto currency purpose, I knew that there are bunch of bank ready to accept crypto but the bank only want to adopt some crypto, not all crypto

[aoihs00]

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.

Or it could happen that banks will create a completely a different world of online currencies or what we call it today "digital currency" based on the blockchain itself. I mean why would they rely over the existing crypto currencies or lets say bitcoin if they can invest in creating something of their own and controlled? If they want the end result to be regaining of capitalism then they can do it by selling their own currencies itself. Accepting the bitcoin or other suitable coin would be like going off the route they are having and it may not be healthy for their economical growth. I just believe that banks are smart enough to work out their own math rather than relying on some else's math!

[Renal]

When viewed by banks in the world some do not accept crypto and some accept crypto as a transaction replacing fiat because this will be useful for the future especially now that crypto is so liked by the public, then in the future all people have used bitcoin as a transaction

[Joeyvicky]

This is just an undeniable truth and very soon most banks will accept crypto currencies to better their functions if not most attention will shift from national currenciess to a global cryptocurrencies and if that be the case most bank will make the best move and as fast to function well through acceptance of crypto.

[Kakmakr]

Banks are interested in Blockchain technologies, because it will streamline their business and that would put more money into their pockets. The savings as a direct result of more efficiency will not be channelled to the clients, but rather into shareholder pockets.

Banks will hate any technology that might cause their client base to shrink, because there will be less money being deposited into Bank accounts and less money for them to make available as loans. 

[vfrcbv91]

I think Yes, because it is not profitable for them to accept a blockchain that is much safer and more profitable than Bank deposits.

[Raymondavid47]

Banks are interested in making more money, if accepting cryptocurrencies will earm them more money. They will definitely start accepting it sooner or later.

[Yantoaja]

yes maybe that's the right thing because as we know there are no bank banks in the world who work together using crypto currency, because maybe they still consider crypto is not a safe thing, or even become their rival because crypto has a low cost in each transaction