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Author Topic: Can the world bank be in charge of bitcoin?  (Read 13250 times)

Offline lepbagong

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Re: Can the world bank be in charge of bitcoin?
« Reply #30 on: November 23, 2020, 10:38:50 PM »
I think it might not happen because bitcoin cannot be controlled no matter what, bitcoin can only be used for exchanges and transactions, so I think bitcoin will still be an independent currency and cannot be controlled by anyone.

Yes, I think It is the reason why the world Bank cannot be in charge of bitcoin. Bitcoin cannot be controlled. But we must know bitcoin is digital currency, I believe digital era will come.
So, digital currency will compete with bank at the coming future.

My prediction is on the contrary, that bitcoin and banks will synergize for the common interest, because they cannot stand alone, they will need each other.
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Re: Can the world bank be in charge of bitcoin?
« Reply #30 on: November 23, 2020, 10:38:50 PM »

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Offline IyemRoker

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Re: Can the world bank be in charge of bitcoin?
« Reply #31 on: November 26, 2020, 03:35:51 AM »
Banks and cryptocurrencies are difficult to work with because they both have different visions and missions and this was clear within the scope of its creation at the start.
Bitcoin is designed for transactions without intermediaries and Bitcoin is created on a different path from banks that have intermediaries.

I think the OP thought for this thread is good too but the answer is there is no way Bitcoin will be absorbed and accepted by the Bank. Thanks
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Offline masudginanjar

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Re: Can the world bank be in charge of bitcoin?
« Reply #32 on: November 28, 2020, 01:43:52 PM »
If the bank can give responsibility for Bitcoin transactions then that is truly extraordinary and maybe the bank in my opinion is more inclined towards the spectacular.
The bank usually will not give something that is not its right, for example, for very large transactions at a bank with a different bank, it requires a lot of very confidential documents.

Moreover, this is for Bitcoin transactions, I think the Bank will be hands off for the Bitcoin issue because it is not a specialist for the Bank.
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Re: Can the world bank be in charge of bitcoin?
« Reply #33 on: November 28, 2020, 03:50:38 PM »
I don't hear this news before .If so, world bank charge to btc it will really good sign for BTC and also btc users . Because govt can charge these things which is legal in that country .

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Re: Can the world bank be in charge of bitcoin?
« Reply #34 on: November 30, 2020, 06:17:54 AM »
The banking system will never take responsibility for the risks associated with Bitcoin and other decentralized cryptocurrencies.  You can not even dream about it.  Banks and decentralized cryptocurrencies are directly opposite in nature in terms of tasks and methods of work and functioning.  Why should banks take responsibility for what they do not control and what they cannot influence?  I see no sense or logic here.

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Re: Can the world bank be in charge of bitcoin?
« Reply #35 on: November 30, 2020, 06:52:42 AM »
Is there any possibility that the world bank might the one who is superior in charge of the said cryptocurrency, if yes please share your thoughts to us. Kindly give some enlightenment about this. Curious individual here. Maybe it will help some future investors of digital assets.
Of course, the banking system will always be on the sidelines of responsibility for the decentralized cryptocurrency.  Banks may provide some services in cryptocurrency, but will never actively support it.  Banks and cryptocurrencies are an eternal conflict of centralization and decentralization.  Banks will actively use their national digitized currencies of the central banks of states.
I agree with you that you are right.  You have explained and presented in a very beautiful way.  I hope everyone will understand you from here.  You have explained in such a way that it will be useful to understand the junior members.
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Re: Can the world bank be in charge of bitcoin?
« Reply #36 on: November 30, 2020, 12:00:27 PM »
Why should prospective investors in the future be affected by this issue? Bitcoin and crypto were created because of the dissatisfaction with the bank system in this world, especially with the world bank. It is already stated clearly as the major reason of why Bitcin was created.
I agree with your answer. Because investors prefer crypto that they can control themselves
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Re: Can the world bank be in charge of bitcoin?
« Reply #36 on: November 30, 2020, 12:00:27 PM »


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Re: Can the world bank be in charge of bitcoin?
« Reply #37 on: November 30, 2020, 12:30:55 PM »
There are a lot of people in the cryptocurrency market. But not all people invest in cryptocurrencies. Some investors invest in Bitcoin. Because Bitcoin is a popular currency all over the world. Invest in this midnight is certainly much more profitable. Investing in this currency is more likely to succeed. So everyone invests on bitcoin.

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Re: Can the world bank be in charge of bitcoin?
« Reply #38 on: November 30, 2020, 12:44:38 PM »
Bitcoin Hall is a popular one that tastes good to people.  Bitcoin is not legal in all countries.  So it is very easy to transact with banks in those countries where it is legalized and it will be easier to transact with Bitcoin if the World Bank deals with it.  So Bitcoin should be legalized by the World Bank
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Offline ayatoslaw

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Re: Can the world bank be in charge of bitcoin?
« Reply #39 on: December 05, 2020, 04:47:09 AM »
Bitcoin Hall is a popular one that tastes good to people.  Bitcoin is not legal in all countries.  So it is very easy to transact with banks in those countries where it is legalized and it will be easier to transact with Bitcoin if the World Bank deals with it.  So Bitcoin should be legalized by the World Bank
I'm not sure bitcoin will have many investors, a lot of people believe in bitcoin because of its decentralized system, If the world bank handles every bitcoin transaction I'm sure many investors who prefer altcoins and bitcoin will be abandoned by the miners.

Offline Token@

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Re: Can the world bank be in charge of bitcoin?
« Reply #40 on: December 05, 2020, 06:29:16 AM »
I think no, we all also know that bank is one of the things that make Bitcoin was so diffiuclt to develop and grow at that time. It is like that BTC is another way to compete bank beause they do  ot know the bank system that is centralized and also offers very bad system to the users.
I agree with you.  Bitcoin is a coin that was determined when it was made and its price will be very high quality.  Leaving Bitcoin behind has become impossible for others
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Offline pelana vreo

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Re: Can the world bank be in charge of bitcoin?
« Reply #41 on: December 05, 2020, 07:09:27 AM »
Bitcoin has many advantages, such as the number of communities and its first Blockchain to be able to store and run Bitcoin as transactions.
Maybe the current bank does not provide room for Bitcoin, but several banks in the world have started to develop Blockchain. Even though banks are not unfamiliar with P2P systems, they also want a decentralized  system to speed up the transaction system without having to bother coming to the bank when making different money transfers bank.

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Re: Can the world bank be in charge of bitcoin?
« Reply #42 on: December 05, 2020, 07:16:40 AM »
The way Bitcoin's popularity is growing day by day is expected to be at its highest level in the next few years.  There is no longer any obstacle for many banks to prepare for Bitcoin competition as it acts as a carrier of very fast transactions.  Banks that support bitcoin in different banks are improving a lot
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Re: Can the world bank be in charge of bitcoin?
« Reply #43 on: December 05, 2020, 04:17:29 PM »
The World Bank is expected to improve a lot if the World Bank is connected to what kind of aunt.  I don't know if the World Bank is connected yet. If any kind senior brother knows, let me know what the World Bank is connected to.  If the World Bank's direction is linked to cryptocurrency, investors will have a lot of opportunities.  They will be able to grab good profits and withdraw money through banks.  There will be more benefits.

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Re: Can the world bank be in charge of bitcoin?
« Reply #44 on: December 05, 2020, 08:56:00 PM »
I think the world Bank has nothing to do with cryptocurrency,but today they consider Xrp as a real cryptocurrency!
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