Banks will always be against cryptocurrencies?

[syntac]

anything might happen, because the development of bitcoin has so far been very rapid, and many people around bitcoin users, get the coffers of wealth from bitcoin, their economics are very awake and helped by bitcoin, and the poverty rate is drastically reduced. so that many developed countries use bitcoin as the country's virtual currency system.

[BTalarmus]

Banks will be against cryptocurrency as long as they don’t release them themselves. The process of issuing national cryptocurrency has already begun. Over time, most central banks in different countries will issue their assets in exchange for existing paper securities.

[Jahmal32]

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.

Well, this is a big step of technology for reaching the masses! Yes, in this case, the crypt will be regulated, because banks will not allow such volatility. and all the more pampas.

[MarkCook777]

This issue is acute in the current crypto world, how banks will act. I think in the current market economy there are enough leverage to strengthen the power of the banking system. Cryptocurrencies, in turn, enable people themselves to manage assets, thereby undermining the credibility of banks. In my opinion, banks will be against the crypto market until they rebuild their system for current changes in currency values.

[kvipcn]

The acceptance of cryptocurrencies by banks in the near future to come is highly possible. The world just need to accept the new technological advancements and adapt to the new changes presented by these technologies. The delay in the acceptance of the use of cryptocurrencies by some countries is the refusal to adapt to technological changes and the refusal to understand the possible benefits these technologies will introduce to the world.

[th3nolo]

banks will always be behind things that they can not control.... or behind things from which they can not charge a large sum of money  

[letecia012]

I don't agree that banks may always against crypto currency as what we read in cyber news xrp block chain technology was already supported and used by European and middle East banks for their online payment or money transfer transaction. And with the massive growth and continues adoption of many countries, more and more banks may shift to block chain technology in afraid to be left behind with this revolutionary block chain technology.

[BlackRacerX]

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.

I don't think banks will forever deny the existence of cryptocurrencies. There will come a time that these banks will now accept fiat money conversion to cryptocurrency. Maybe today's bank technology is not yet ready nor advanced to accept such innovative capability. Right now, let's stick to what we know.

[Seeker#9]

No, I don't t agree with the comment that: Banks will always be against cryptocurrencies . Because, in the future bank will apply more blockchain technology in their process of transaction for customer's satisfaction.

I also agree that not all banks are against crypocurrencies because also planning to include some of the coins in their system. The world bank had already acknowledged the possible effects of cryptocurrency in the future and some big banks and technology services companies are also realizing the great potential of both cryptocurrencies and the underlying distributed ledger technology behind them as important assets for their organization. These banks can utilize these coins or tokens to improve their services in this digital era.

[kendra1107]

Not at all! There is actually a long list of banks that are now dealing or transacting with crypto. You can Google it and see for yourself. This proves that crypto is legit since it caught the attention of these banks. As most of us know, banks will not fall behind when it comes to profit-earning opportunities. And crypto is such an opportunity.

[bogdann]

Banks would rather not to see cryptocurrencies in the market but they are not able to do that. While they are trying to find adopt criptocurrencies to their system, they also use their force in order to keep  cryptocurrency market cap lower.

[Sithawaka]

It is true Banks will always be against cryptocurencies because there is no possible way for these two entities to corporate each other or help each other because crypto are consider to be decentralized when banks are centralized so there is no way that banks can benefit from cryptocurrencies and there is no way they both can exist in one space so banks are always against cryptocurrencies

[Meandros555]

what if banks issued their own cryptos, kept wallets safe..issued crypto loans, exchanged etc
blockchain is just one aspect of the whole thing..and the ledgers could be encrypted so transactions could be kept private.
so banks do have a future,, if they wake up to the new reality thats looming

[FlightyPouch]

this is very true. because if they don't do that. Cryptocurrencies will kill the bank

Why do you think of that? How can you say that cryptos will kill the banks? You have no supporting statements about that. For me, cryptos will not kill the bank. It is still needed in a country and banks can use the technology that these cryptos are using for improving their transactions. They might apply the Blockchain technology or maybe depend their new technology to it.

[sino22]

this is very true. because if they don't do that. Cryptocurrencies will kill the bank

Why do you think of that? How can you say that cryptos will kill the banks? You have no supporting statements about that. For me, cryptos will not kill the bank. It is still needed in a country and banks can use the technology that these cryptos are using for improving their transactions. They might apply the Blockchain technology or maybe depend their new technology to it.

it's true that crypto won't kill or get rid of banks. Even though each country legalizes crypto, fiat money will continue to be used and the bank will remain

[remuy24]

I think to combine blockchain technology with banks is very unlikely. because the decentralized nature is very unlikely to join the bank

[nahotachikwem]

yes. i agree with you that Banks will always be against cryptocurrencies because they are different in their operations. Centralized (Banks) and Decentralized (crypto).

[smile1218]

I do not believe that Banks would be against crypto currencies because cryptos opens possible product that can be cater by the banks. Banks can soon offer bitcoin deposit transaction and many more related products. With the product opportunities that could help banks to grow more as a company and more income possibilities.

[Coin_trader]

Yes, Bitcoin would be an imminent threat to the bank. Bank and Bitcoin are in the opposite side of the financial system, banks being the centralized system is the current system adopted worldwide and even the government benefited from this institution and the Bitcoin is the decentralized one and it doesn't need any third-party to go on.

[Ethan Argu]

Banks will make a way to control our money in crypto. They have a joint study with banks and crypto so i yhink in the near future banks are accepting crypto strategy to control the money.