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Author Topic: Are Cryptobanks Future?  (Read 2092 times)
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October 12, 2019, 03:06:00 PM
 #241

Indeed, the future is digital and cashless society, so cryptobanks are our future banks, it needs time and more years to have a great cryptobank. There are projects our there wherein they vision to be the first cryptobank, it is not easy as we have different kinds of regulations in every country so they cannot enter cryptobank that easily.

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October 12, 2019, 06:51:20 PM
 #242

Indeed, the future is digital and cashless society, so cryptobanks are our future banks, it needs time and more years to have a great cryptobank. There are projects our there wherein they vision to be the first cryptobank, it is not easy as we have different kinds of regulations in every country so they cannot enter cryptobank that easily.
Crypto banks will be new trends and we shall soon be expecting them. I am not saying that these banks shall be without any regulation but surely they are going to provide more freedom to people. There are wallets but they have some shortcomings. Once you lose key, your crypto currencies are gone forever. Banks are going to provide us back ups and more security.

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October 12, 2019, 10:10:15 PM
 #243

Indeed, the future is digital and cashless society, so cryptobanks are our future banks, it needs time and more years to have a great cryptobank. There are projects our there wherein they vision to be the first cryptobank, it is not easy as we have different kinds of regulations in every country so they cannot enter cryptobank that easily.
Crypto banks will be new trends and we shall soon be expecting them. I am not saying that these banks shall be without any regulation but surely they are going to provide more freedom to people. There are wallets but they have some shortcomings. Once you lose key, your crypto currencies are gone forever. Banks are going to provide us back ups and more security.
Security is indeed very necessary when the digital era is growing and in the future, even though there are government regulations at least it is a support, although the regulations are always complicated but basically good regulations and many of support that exists is an effort for a better future with the digital era and fully must have a security standard that can be entered or recognized in every country and even the world so that it can be used more safely.

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October 13, 2019, 07:47:27 AM
 #244

In my opinion, I agree with you on this issue, I believe that cryptocurrency will be mainstream of the economy and everything will be based on a smart contract in the future but the crypto bank is not essential in this platform I think, If this cryptocurrency has a strong regulation process then it might be a very user friendly and credible platform, I think people's credibility is the best thing for sustaining anything for a long time. the crypto banking system is not a bad idea, but it should not be like a conventional banking system, it must be fully online based and smart contract-based, however many people in this cryptocurrency don't like this traditional banking system so it may bring a mixed scenario in this context.

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October 13, 2019, 09:24:12 AM
 #245

In my opinion, I agree with you on this issue, I believe that cryptocurrency will be mainstream of the economy and everything will be based on a smart contract in the future but the crypto bank is not essential in this platform I think, If this cryptocurrency has a strong regulation process then it might be a very user friendly and credible platform, I think people's credibility is the best thing for sustaining anything for a long time. the crypto banking system is not a bad idea, but it should not be like a conventional banking system, it must be fully online based and smart contract-based, however many people in this cryptocurrency don't like this traditional banking system so it may bring a mixed scenario in this context.
Maybe soon and I do believe that they are now planning on it and also it is a good help to bitcoin enthusiasts especially to those who are afraid of showing themselves because they think that the government will arrest them due to its illegal. I do believe due to high technology cryptobank will be made in the near future so it that will happen it means that bitcoin is now legal so many people will be able to invest on it freely and without hiding. However, due to crypto is decentralized governments always afraid of this they want fully centralized so that they can manipuylated people who use this cryptocurrency, they afraid soon maybe crypto is one of their competitors when it comes financial investment.

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October 13, 2019, 09:53:26 AM
 #246

In my opinion, I agree with you on this issue, I believe that cryptocurrency will be mainstream of the economy and everything will be based on a smart contract in the future but the crypto bank is not essential in this platform I think, If this cryptocurrency has a strong regulation process then it might be a very user friendly and credible platform, I think people's credibility is the best thing for sustaining anything for a long time. the crypto banking system is not a bad idea, but it should not be like a conventional banking system, it must be fully online based and smart contract-based, however many people in this cryptocurrency don't like this traditional banking system so it may bring a mixed scenario in this context.
Maybe soon and I do believe that they are now planning on it and also it is a good help to bitcoin enthusiasts especially to those who are afraid of showing themselves because they think that the government will arrest them due to its illegal. I do believe due to high technology cryptobank will be made in the near future so it that will happen it means that bitcoin is now legal so many people will be able to invest on it freely and without hiding. However, due to crypto is decentralized governments always afraid of this they want fully centralized so that they can manipuylated people who use this cryptocurrency, they afraid soon maybe crypto is one of their competitors when it comes financial investment.
who have implemented cryptobank seems to be Waves, because waves have a Leasing feature,
by save several waves you will get waves too, this is very interesting,
maybe some projects like ethereum will also use these features because they will change to POS
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October 13, 2019, 11:50:57 AM
 #247

If Crypto Banks are suitable to our needs as crypto holder and a user maybe it is our future..  and also it would help us securing our holdings and help us to control our funds and mostly we can double it by using their services. but, we can not assure this for long term if the banks are regulated. Crypto Banks should bring interest, so that we can use and believe it to become our future.

Watch out for this SPACE!
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October 13, 2019, 03:51:22 PM
 #248

Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
Bitcoin still in the picture in the future is what's guaranteed, but crypto banks? i don't think so. It is given that bitcoin and blockchain is aiming for a massive adoption but that doesn't mean we still need crypto banks, one thing that made bitcoin patronize by many is it's decentralization and users being able to have a control over their cryptos and if they've manage to be their own banks for 10 years as bitcoin  already had 10 years. of existing, managing it for more longer years would be easy. erasing the idea of crypto banks.
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October 13, 2019, 06:26:49 PM
 #249

Do you know any cryptobank ? Cause I don't. Banks won't transform into a cryptocurrency bank over night and I don't even think they intend to. Banks have their own system who works just fine and they don't need anything beside the Blockchain tech in order to extra secure their system. Lately I see so many bad threads ...

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October 13, 2019, 06:38:32 PM
 #250

If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
Governments will bow down to people if majority is using bitcoin. Government cannot keep people away from bitcoin if common people really become aware of the powers of bitcoin such as dual nature of it. People know that they can protest for their rights and they can do this for legalization of bitcoin or crypto currencies. Government can keep eye on people.
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October 18, 2019, 09:38:11 PM
 #251

When it comes to money or financial assets, everyone needs a surity and safety. If traditional banks start providing services for cryptocurrencies too. People are most likely gonna jump in for it. For extra interest over their cryptos and safety to your funds that banks can provide is definitely better than a single coin holder.

I am not saying that we need banks for cryptocurrencies but if that happened, people are likely to jump on it.
I think the angle banks will use to try to make those that hold some crypto to use them is that securing your coins can be a real challenge.

We know that as the market has been getting more popular hackers have begun to target cryptocurrency owners, and while we are qualified to secure our coins properly I can assure that most of those that will get in the market during the next years wont be ready for that task and they will be glad to let banks store their coins.
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October 20, 2019, 03:21:44 AM
 #252

Cryptocurrencies banks will undoubtedly appear. There are always people who want to buy a thing at once, and not wait until the time of accumulation of funds for its purchase. These people will use the services of cryptocurrency banks. In my opinion, where there is demand, there will always be supply.


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October 20, 2019, 06:40:06 AM
 #253

If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
whatever will happen for the development of cryptocurrency all depends on the government if indeed the government has legalized cryptocurrency, of course the development of cryptocurrency will be more rapid and of course will automatically form banks that use cryptocurrencies and it is needed by the times and technology and especially in the economy and the digital age will soon be realized
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October 20, 2019, 08:03:38 AM
 #254

Indeed, the future is digital and cashless society, so cryptobanks are our future banks, it needs time and more years to have a great cryptobank. There are projects our there wherein they vision to be the first cryptobank, it is not easy as we have different kinds of regulations in every country so they cannot enter cryptobank that easily.
Cryptobank will indeed become a dream of many people. they will get many benefits, one of which is an easy transaction and now I think people are getting used to the convenience of transactions using direct payments or online transactions. so later this socialization is not so difficult
The chance will be there as more people are getting aware about this system and having a crypto bank now is no longer a question but a reality
that can happen in the long run, We do need to wait for some developments and more demands from people who understand the system clearly and
willing to take this thing to materialize.

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ufaiz50
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October 20, 2019, 04:25:02 PM
 #255

Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
I agree, taking into account the benefits derived from the development of blockchain technology and the freedom of transaction technology. The problem in the current cryptocurrency concept is security and fluctuations that are very fast. The government should at least try blockchain technology as a banking system, leaving aside the matter of regulation and prioritizing the benefits of this technology.

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cotton ball
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October 20, 2019, 05:00:38 PM
 #256

Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
For Banks on adopting Blockchain tech then they are already starting but talking generally when collaborating Crypto and Banks  would really be impossible. It would exist no matter what knowing that
government do really likes for all things to be centralized and heck, why we would need up Banks for our coins if we do have our own wallets?
Which bank have adoption blockchain now? I have looking with many country still not bank support with blockhain and have allowed for saving money with bitcoin or altcoin, bank look dislike with bitcoin and altcoin transaction because they will lost if have bitcoin as competitor, bank member look happy if save money with bitcoin investment than have save in the bank without increase little.
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October 20, 2019, 10:16:26 PM
 #257

If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
true that you submit a crypto currency bank can be formed if the legality of the government and of course the crypto currency becomes a valid currency for transactions in the economy and possibly going forward with the times and technology all that can be realized crypto currencies and crypto currency banks will become legal

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asus09
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October 21, 2019, 12:29:24 AM
 #258

Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
Cryptobank for the future only with country have support using bitcoin as legal payment transaction, if many country still illegal using bitcoin there are never have cryptobank at the future, very good ideas if support cryptobank at the future with many people safety for saving bitcoin or altcoin assets on cryptobank, they not worry about their wallet again because have back up with save in cryptobank.

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October 21, 2019, 08:42:46 AM
 #259

If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
true that you submit a crypto currency bank can be formed if the legality of the government and of course the crypto currency becomes a valid currency for transactions in the economy and possibly going forward with the times and technology all that can be realized crypto currencies and crypto currency banks will become legal
Updating the existing system according to the difficult especially if the bank is a counterpart to cryptocurrency. today the bank itself also opposes the existence of cryptocurrency to further develop for various reasons. and in my opinion later on this development depends on everyone whether they are helped by crypto or not

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October 24, 2019, 02:07:45 AM
 #260

If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
true that you submit a crypto currency bank can be formed if the legality of the government and of course the crypto currency becomes a valid currency for transactions in the economy and possibly going forward with the times and technology all that can be realized crypto currencies and crypto currency banks will become legal
Updating the existing system according to the difficult especially if the bank is a counterpart to cryptocurrency. today the bank itself also opposes the existence of cryptocurrency to further develop for various reasons. and in my opinion later on this development depends on everyone whether they are helped by crypto or not
This is nothing going to be difficult for banks to cooperate with crypto currencies because if they think in a smart way, crypto currencies are capable of producing countless customers of banks and definitely banks can earn from transactions. This may seem impossible right now but in the coming years, this is going to happen.
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