Do you believe banks will soon get into cryptos

[Fenix]

If cryptocurrency has been legalized in a country, there will be many banks that will enter cryptocurrency. 
They will serve if there is someone who will exchange Crypto coins with Fiat, but if Crypto has been legalized in a country Are conventional banks still in use?

The banking system as a whole will not do business with cryptocurrencies. For her, this is too risky and unacceptable. Banks, for example, can provide services for the exchange of cryptocurrencies for fiat, receiving a guarantee commission from this. Banks don't need cryptocurrencies. Banks will issue their CBDC and this digitized currency will replace the cryptocurrency.

[Doctor]

If cryptocurrency has been legalized in a country, there will be many banks that will enter cryptocurrency. 
They will serve if there is someone who will exchange Crypto coins with Fiat, but if Crypto has been legalized in a country Are conventional banks still in use?

The banking system as a whole will not do business with cryptocurrencies. For her, this is too risky and unacceptable. Banks, for example, can provide services for the exchange of cryptocurrencies for fiat, receiving a guarantee commission from this. Banks don't need cryptocurrencies. Banks will issue their CBDC and this digitized currency will replace the cryptocurrency.

I don't think CBDC will replace the crypto currency.
It's just the government product to against crypto technology.
But I think bank should accept crypto for their customer.
It's good for bank transaction

[maciejchrzan49]

I think yes. Hey, some examples of implementing blockchain technology in everyday life? I am following the Cannumi project, and I'm very curious about your opinion on it

[Astra]

I think yes. Hey, some examples of implementing blockchain technology in everyday life? I am following the Cannumi project, and I'm very curious about your opinion on it

Blockchain technology is not only a cryptocurrency. This is just a small example of how it can be used. Blockchain technology can be used in almost all sectors of the economy of any state where there is a need to use large amounts of data online and with a high degree of security. The Internet and blockchain technology allows you to work with any data on a global scale. On the practical side, blockchain technology can be used where any person needs a variety of reference information that is constantly updated.

[lepbagong]

I think yes. Hey, some examples of implementing blockchain technology in everyday life? I am following the Cannumi project, and I'm very curious about your opinion on it

Blockchain technology is not only a cryptocurrency. This is just a small example of how it can be used. Blockchain technology can be used in almost all sectors of the economy of any state where there is a need to use large amounts of data online and with a high degree of security. The Internet and blockchain technology allows you to work with any data on a global scale. On the practical side, blockchain technology can be used where any person needs a variety of reference information that is constantly updated.

That's right, my friend, technological advances in this world are always evolving and all must be able to adapt to that progress if they don't want to be considered behind and can't work together later. where blockchain technology is one of those technological advances, this will help a lot in technological change and may not be able to immediately but gradually because not all can immediately accept this progress, need to always adapt to renewable things, or at least it will run together first.

[mohdelayo]

I think yes. Hey, some examples of implementing blockchain technology in everyday life? I am following the Cannumi project, and I'm very curious about your opinion on it

Very true, there's every possibility that banks will get into crypto. In short I strongly believe that they will eventually all slide in, although its going to be slow and gradual. You can take for instances many of the e-payment services, many of them now integrate cryptocurrency into their supported currencies. It would also interest you that a number of Mainstream banks have secured the license to start keeping cryptocurrency custody for customers.

[Jaephoenix]

Banks are already in too deep into crypto, right now as I type. The only hindrance to mass adoption is government regulations and restrictions. Some Swiss and Brazilian banks are adopting some crypto blockchains, I think Stellar and Ripple. There would be more mainstream adoption as time goes on

[KaliLinux]

I think yes. Hey, some examples of implementing blockchain technology in everyday life? I am following the Cannumi project, and I'm very curious about your opinion on it

Blockchain technology is not only a cryptocurrency. This is just a small example of how it can be used. Blockchain technology can be used in almost all sectors of the economy of any state where there is a need to use large amounts of data online and with a high degree of security. The Internet and blockchain technology allows you to work with any data on a global scale. On the practical side, blockchain technology can be used where any person needs a variety of reference information that is constantly updated.

You are right but this was made happen by the advent of Cryptocurrency

Blockchain has the potential to grow to be a bedrock of the worldwide record-keeping systems, but was launched just 10 years ago. It was created by the unknown persons behind the online cash currency bitcoin, under the pseudonym of Satoshi Nakamoto

And now every other sector of the economy can use it for its usefulness and in terms of OPs concerns, there are a few more Banks that will into offering cryptocurrency services now and are probably investing in crypto themselves.

Crypto Friendly Banks

[Speaker]

Banks are already in too deep into crypto, right now as I type. The only hindrance to mass adoption is government regulations and restrictions. Some Swiss and Brazilian banks are adopting some crypto blockchains, I think Stellar and Ripple. There would be more mainstream adoption as time goes on

These blockchains are more for internal processes.Moreover, many banks create various cryptocurrency products and single them out as independent in order to comply with legislation and keep up with the trend.

[I-Bit]

This will depend on what country regulation aboit crypto. I am not sure that they will, but what you mean maybe like the use of CBDC? Or bank will soon use the blockchain technology?
Well  banks commonly will not get into crypto or accept crypto because they cannot control cryptocurrency itself. Bank is centralized while crypto is decentralized.

[KryptoBull]

Banks are already accepting Ripple's XRP, which is the first step. A few banks are also starting to offer crypto services to users, who want to profit from this rapidly growing market.

[lepbagong]

there will always be updates in every new growth in technology and crypto is no exception, it is only natural that banks will accept these developments.
but it is clear that banks that have accepted crypto will also compete with exchanges that have been running so far and of course it is not easy to compete, because so far crypto connoisseurs may have been used to what has been done without a bank.

but maybe the bank should need to adapt to what has been going on so far and the ease of use through the bank should be better than the exchange that is already running.
the bank has the advantage of its customers who also need a bank for every transaction, because all will seek the best convenience and the bank already has the best side because its customers will support it.

[Anrate]

I do not think banks will get into crypto, because they won’t be able to set an authority over the decentralised system. However, if banks start to trade cryptos, they have the potential to decide in which direction the crypto price will move by buying or selling in large amounts, thus centralising the trade.

[gurunanakji777]

Bank working structure is centralized on the other hand cryptocurrencies are decentralized and we always heard in some countries financial sector heads warn the govt about the usage of cryptos and it will kill the revenue of the bank so here banks can start with their own country's stable cryptocurrency rather than other cryptocurrencies and we can expect top currencies like Bitcoin and Ethereum can also be offered.

[Max Way]

I do not think banks will get into crypto, because they won’t be able to set an authority over the decentralised system. However, if banks start to trade cryptos, they have the potential to decide in which direction the crypto price will move by buying or selling in large amounts, thus centralising the trade.

I agree more if crypto has its own commodity which this network can be used by anyone. Especially if this technology can be accepted in various circles then this will be better for crypto development.