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Author Topic: Do you think cryptocurrency must get support from the bank?  (Read 17711 times)

Offline KunotCoin

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #75 on: June 21, 2019, 02:12:47 AM »
Banks needs to be Innovative to coup with the rising popularity of the cryptocurency or else be disrupted adopt blockchain and compete.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #75 on: June 21, 2019, 02:12:47 AM »

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #76 on: June 21, 2019, 02:13:23 AM »
Cryptocurrency does not need the support of the banks in order for it to function. Cryptocurrency and banks works on different principles, thus decentralization and centralization respectively. Cryptocurrency rather needs the support of the people because it was made for the people. Once people get to know its concept and embrace its benefits, crypto will see a new phase of growth.
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Re: Do you think cryptocurrency must get support from the bank?
« Reply #77 on: June 21, 2019, 05:54:28 AM »
It is good  idea,  crypto currency get support the  bank.  But I think Cryptocurrency  is not need the bank.  Crypto is virtual  currency.  No one cannt control cryptocurrency  over.
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Re: Do you think cryptocurrency must get support from the bank?
« Reply #78 on: June 21, 2019, 06:08:39 AM »
There is already an example of a crypto coin supporting by banks. It is a Ripple coin [XRP]. I think it is no problem if banks want to support cryptocurrency as long as banks have no control to the crypto world. I think cryptocurrency is also easier to improve with many parts supporting it.
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Re: Do you think cryptocurrency must get support from the bank?
« Reply #79 on: June 21, 2019, 06:32:17 AM »
Well if cryptocurrencies be considered as money, it must be supported by bank at least the Banks must addopt cryptocurrencies on their businesses for example cryptocurrencies is faster than traditional remittance around the world. It is benefit of cryptocurrencies from the bank and the other reason for it, cryptocurrencies has innovations technology behind of the blockchain, it will gives more benefits for the bank so acctually the must support for cryptocurrencies because however the cryptocurrencies will be addopted by mass soon or later and right now some bank had addopted cryptocurrencies in their businesses.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #80 on: June 21, 2019, 07:57:26 AM »
I think that this process has already started and banks support cryptocurrency, even the fact that some banks issue their crypt,take the same JPMorgan. Banks understand that you need to have time to take this niche,otherwise it will be too late. The same Ripple is used for transfers between banks
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Re: Do you think cryptocurrency must get support from the bank?
« Reply #81 on: June 21, 2019, 12:12:40 PM »
Maybe It is true.  Crypto currency must get support from the bank. If It happend.  I believe  cryptocurrency  will be more stable. Because  cryptocurrency  is high volatile now.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #81 on: June 21, 2019, 12:12:40 PM »


Offline Noverteno

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #82 on: June 21, 2019, 10:14:43 PM »
Cryptocurrency does not need the support of the banks in order for it to function. Cryptocurrency and banks works on different principles, thus decentralization and centralization respectively. Cryptocurrency rather needs the support of the people because it was made for the people. Once people get to know its concept and embrace its benefits, crypto will see a new phase of growth.
Cryptocurrency really does not need the support of banks, however it will be implemented more quickly in our life if it is supported by banks, at least in the sense that banks will provide various services in cryptocurrency. Many people doubt the cryptocurrency and if banks provide services using cryptocurrency, it will have a significant psychological impact on them and cause a greater level of trust.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #83 on: June 22, 2019, 03:34:38 PM »
Maybe you can explain what kind of support that a bank should support. It is the system or legalization Or others? I think that some banks in the US start to make this kind of support by creating the new system about digital currency like cryptocurrency. However, not all countries can do that because of the rule and regulation. So, not all banks can do it.
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Re: Do you think cryptocurrency must get support from the bank?
« Reply #84 on: June 23, 2019, 11:41:35 AM »
Support: 10%
No need for support: 90%


The cryptocurrency does not need support from the Bank because the cryptocurrency is purely created to stay away from the system that the Bank has.
10% of support is only for Withdrawing and changing money from Fiat to cryptocurrency.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #85 on: June 23, 2019, 02:22:35 PM »
Banks already started to adopt and support cryptocurrency. Banks job is to align their client needs, I've seen some banks now that they are started doing it. 

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #86 on: June 23, 2019, 03:43:17 PM »
Maybe It is true.  Crypto currency must get support from the bank. If It happend.  I believe  cryptocurrency  will be more stable. Because  cryptocurrency  is high volatile now.
If crypto support of the Bank, it is certainly crypto would increasingly in a hurry by everyone, the price will be the higher the only

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #87 on: June 23, 2019, 03:59:05 PM »
I do not mean to mention one or more crypto that have received support from the bank,
but what I want to discuss is, is crypto really supposed to get support from the bank? to be strong and can be applied as a means of payment.
if I see the reason crypto is made is to be able to stand alone without having to use bank services.
so it's kind of funny to me that crypto has to get support from the bank.
what do you think?
give your opinion so that we can discuss and increase our insight.

Crypto isn't a bank and most of the banks don't support crypto as most of the Government of the countries think crypto is a treat for their financial system. Banking sectors want to implement blockchain technology in their banking purpose but crypto they avoid. I hope in the near future, crypto will get support from the bank.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #88 on: June 23, 2019, 11:18:52 PM »
At the beginning of the adoption, I think it is better to get bank support but after that crypto will get rid of the banks and work on their own. Banks are unnecessary.

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #89 on: June 29, 2019, 09:27:00 AM »
At the beginning of the adoption, I think it is better to get bank support but after that crypto will get rid of the banks and work on their own. Banks are unnecessary.
In the end, it will always depend on the wishes of the people. They will be able to choose whether they need banking services in a cryptocurrency, or not. In my opinion, a certain part of people will want to use the services of banks, and if there is demand, banks will provide services in cryptocurrency. Services such as the exchange of conventional currency for cryptocurrency will be in demand, it will also contribute to the overall increase in confidence in cryptocurrency.

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