Crungcrungtin
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September 25, 2018, 04:05:31 AM |
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It's obvious that bank will against bitcoin, because they're not taxable and not monitor it.... But I'm in to bitcoin it's very easy to use than bank... Please approved the bitcoin is going to centralized.and useit
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Kasliono
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September 25, 2018, 04:25:55 AM |
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In my view, yes it will always. Because cryptocurrency is a competitor of the banks. Even they try to accept it, maybe it is not the cryptocurrency which alredy exist, the banks just try to adobt the system and the Technology, and then make their own cryptocurrency.
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Dimas99
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September 25, 2018, 04:46:41 AM |
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I don't know where you see such kind–hearted banks, but where I live, banks are not only against Bitcoin, they are pushing hard and down on the government to ban anything related to cryptocurrencies. Although banks are using Blockchain as a technology to improve their financial infrastructure, they are still disregarding Bitcoin as a (virtual) currency (same with Ripple Network and XRP cryptocurrency).
It is the same thing that happens with the country that I am currently living in. Cryptocurrencies in my country have not been officially recognized, even prohibited from investing directly and indirectly through official banks in my country, but I am sure that someday all can be done for cooperation in progress and development.
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AliMan
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September 25, 2018, 04:55:06 AM |
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I don't know where you see such kind–hearted banks, but where I live, banks are not only against Bitcoin, they are pushing hard and down on the government to ban anything related to cryptocurrencies. Although banks are using Blockchain as a technology to improve their financial infrastructure, they are still disregarding Bitcoin as a (virtual) currency (same with Ripple Network and XRP cryptocurrency).
It is the same thing that happens with the country that I am currently living in. Cryptocurrencies in my country have not been officially recognized, even prohibited from investing directly and indirectly through official banks in my country, but I am sure that someday all can be done for cooperation in progress and development. As long as it is not understood by our government and bank they will never be accept cryptocurrency. But I hope someday they will find a way to understand cryptocurrency because if they not there are possibility crypto will be banned to our country once they not see the potential of crypto to us. But I think its better to not crossed their way because they are totally different to each other, and I think many people will choose crypto than a bank.
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Flor1982
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September 25, 2018, 06:49:34 AM |
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Not all banks are against crypto currencies. In fact here in our country, all of our leading banks are all in partnership with our local exchange that we could use their cash withdrawal facilities everytime we convert our Bitcoin into cash. This is even do Bitcoin is not legal but not ban in our country.
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ShowOffoN
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September 25, 2018, 06:59:45 AM |
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Why would the banks be against cryptocurrencies? I mean, I don't see any reason that they should be. It's not even a competition but rather a totally different form of currency. In fact, I think, if banks realize the potential of profits, they will probably all go for cryptos too.
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SusanAnn
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September 27, 2018, 03:36:09 AM |
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No, I don't think so. In my opinion, banks will soon allow to use bitcoin. To what I know, banks already use bitcoin in cross-border payment
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SimonJones
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September 27, 2018, 03:54:13 AM |
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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 will be against cryptocurrencies until and unless bitcoins becomes necessary for each and every individual. Banks will try to be a hindrance in the path of its success but once it become popular, it will join the hand to work together. After all, Two great minds think alike'.
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Affilate User
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September 27, 2018, 05:17:13 AM |
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I don't think that all banks are always opposed to cryptocurrency. I have seen several ICOs that can work with several banks that can provide the best solutions and can be one solution to be able to conduct transactions with banks. but it's true that the percentage of banks that fight cryptocurrency is very large.
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remuy24
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September 27, 2018, 05:50:23 AM |
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the reason the bank is always opposed to cryptocurrency is the transaction of person to person without an official intermediary institution, so that no one serves complaints that arise, the absence of regulators, so that there is no institution that guarantees its security and also no legal certainty, the identity of the user can be disguised, so the Virtual currency vulnerable to use in illegal activities. There is no central entity that acts as the person in charge, so the price of the virtual currency is determined based on demand and supply. Risks of Using Digital Currency. The exchange rate fluctuates, making it vulnerable to the risk of economic bubbles or bubbles, the potential to be used as a criminal act, such as money laundering and terrorism financing, Vulnerable to cyber attacks.
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nagobinga
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September 27, 2018, 05:59:42 AM |
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because cripto is very valuable from the others and this can be made interesting and we cannot underestimate it and we must be careful to choose a good crypto.
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mkhadazz
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September 27, 2018, 06:00:16 AM |
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yes you are right the bank will forever oppose the existence of cryptocurrency because maybe the bank is frightened because this bank makes customers choose to go out and turn to cryptocurrency because we know this cryptocurrency can be one place to store all assets in the form of cryptocurrency.
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dimox
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September 27, 2018, 06:14:00 AM |
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bank is under government, so if the government accept bitcoin it mean bank accept it too. im sure that bitcoin can make better some country if they can use the advantages of it. and also bank will earn profit if someone put their money on bank. many people trade their crypto into fiat, than save in some bank. they have fund in fiat and crypto
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Lionheart001
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September 27, 2018, 06:20:05 AM |
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They will ignore initially, then they will mock you, then they fight you, then you win. That's exactly the scenario playing out now when u comes to digital currencies adoption by the main stream banks, so are still fighting us, while some have accepted their defeat and trying to do catch up. Only time will tell.
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Idoe
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September 27, 2018, 07:40:47 AM |
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Banks oppose crypto because crypto cannot provide benefits to banks, for crypto it is a transaction from person to person so the bank is not needed.
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Winto
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September 27, 2018, 07:42:33 AM |
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I believe a time will come which the banks are going to accept the crypto for real, of course I do believe that not all of them will do it, there will always be some who are against..
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sublime5447
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September 28, 2018, 03:17:21 PM |
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I think it all depends on the country. If the government accepts bitcoin and will develop it, the banks will have nothing left but to adjust to the innovations.
Yes. If the state government can’t accept bitcoin, the bank cannot accept bitcoin as well, because banks must obey the rules in a country. Blockchain is very flexible where if a person or a company wants to use it there are no restrictions or rules that must be obeyed unlike banks that must follow and obey every rules in the country.
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ubay
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September 28, 2018, 03:36:25 PM |
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I agree, some banks have received bitcoin but only a small part. It doesn't matter because the little steps are very meaningful. And I hope for the next year more banks will accept bitcoin.
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Yudai
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September 28, 2018, 03:42:17 PM |
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I agree, some banks have received bitcoin but only a small part. It doesn't matter because the little steps are very meaningful. And I hope for the next year more banks will accept bitcoin.
You are definitely right though. It all depends in the banks and spefic country will also needed to consider when talking about bank and cryptocurrency. We have a same idea that hoping for more acceptance in the future.
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pragna
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September 28, 2018, 03:50:21 PM |
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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 yet bank are not against cryptocurrencies. But for time period it will be against cryptocurrencies. Though bank will accept cryptocurrencies but there would be less people in controlling cryptocurrency trading. So where 30 people now working in bank, then 10 people will needed. So gradually bank workers will go against it and as well as bank also hence it has hacking possibility that not in hard trading in now-a days banking.
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