Traditional banks in the crypto economy of future

[densus88]

Cryptocurrency does not threaten the work of the current banking system.

I think traditional will exist or survive for along years again.
I agree crypto currency doesn't threaten the work the current banking system.
Crypto technology will be adopted by banks, but not replace banks system.

[Jaephoenix]

The stablecoin idea of Facebook got stymied by the big players and stuff aint the same again. Facebook has moved on and may have changed direction with its name change to Meta, and maybe a change of business model. But traditional banking would change, for real.

[legend45]

The stablecoin idea of Facebook got stymied by the big players and stuff aint the same again. Facebook has moved on and may have changed direction with its name change to Meta, and maybe a change of business model. But traditional banking would change, for real.

Well, I think traditional bank will adopt crypto technology at Digital era.
We all know , I think Digital era will come, banks and the government should accept digital technology

[de_prof]

The stablecoin idea of Facebook got stymied by the big players and stuff aint the same again. Facebook has moved on and may have changed direction with its name change to Meta, and maybe a change of business model. But traditional banking would change, for real.

Well, I think traditional bank will adopt crypto technology at Digital era.
We all know , I think Digital era will come, banks and the government should accept digital technology

That's true, but It will happen at the coming future.
Not for the next several years again.
Not easy to adopt and replace traditional in to crypto.
Banks will accept but not for now.

[xeroz]

Difficult to happen because traditional banks have had a lot of followers too. Although not comparable to today's crypto. However, there are still many people who believe more in traditional banks. Especially for those who are still clueless about today's technology, they will surely turn a blind eye to Bitcoin and actually think that the monetary system in traditional banks is much easier and more reliable. Especially with the support from the government and the state, the position of traditional banks is getting stronger even though they are competing with crypto.

[Zezari]

How many such banks have already been closed, and it is very sad when other organizations are not allowed to develop. I hope that in the future it will be easier with banking projects and they will develop and use it.

[elbans89]

How many such banks have already been closed, and it is very sad when other organizations are not allowed to develop. I hope that in the future it will be easier with banking projects and they will develop and use it.

Maybe if the banks always be update their technology and accept crypto technology,
I think the banks will have brighter future than now.
That is just my opinion.

[anshor1]

I think at the coming future, traditional banks and crypto banks will do their function together.
Every banks have own consideration, traditional banks will serve traditional people, and crypto banks will be the choice for crypto enthusiast.

[LaZim]

The stablecoin idea of Facebook got stymied by the big players and stuff aint the same again. Facebook has moved on and may have changed direction with its name change to Meta, and maybe a change of business model. But traditional banking would change, for real.

Well, I think traditional bank will adopt crypto technology at Digital era.
We all know , I think Digital era will come, banks and the government should accept digital technology

This acceptance will not affect ordinary users in any way. Everything will be as usual.No one will delve into the technological process. After all, you are not interested in how your transaction goes when you pay with a plastic card. Do not think that your fiat assets will increase in value.

[Hisbullah]

This acceptance will not affect ordinary users in any way. Everything will be as usual.No one will delve into the technological process. After all, you are not interested in how your transaction goes when you pay with a plastic card. Do not think that your fiat assets will increase in value.

Of course, It won't affect to ordinary users. But will affect to crypto currency market.
I think If traditional banks in the crypto economy of the future, crypto currency will more popular.

[Oksana Ksyusha]

In the future, banks will not have classical functionality. Already, cryptо is partially replacing banking operations. In addition, it is decentralized and anonymous. I think that the banking system will change a lot in the near future.

[doc]

In the future, banks will not have classical functionality. Already, cryptо is partially replacing banking operations. In addition, it is decentralized and anonymous. I think that the banking system will change a lot in the near future.

At digital era, banks technology will be updated to digital and I believe banks will adopt crypto technology.
I believe It just matter of time.
So believe on your coins will have great future

[TopT3ns]

In my opinion, traditional banks are still active, it's just that there will probably be a reduction in customers because many will switch to cryptocurrency and only use local banks to withdraw profits from cryptocurrency and of course maybe local banks can go bankrupt if they don't keep up with global developments.

[dekafee79]

In my opinion, traditional banks are still active, it's just that there will probably be a reduction in customers because many will switch to cryptocurrency and only use local banks to withdraw profits from cryptocurrency and of course maybe local banks can go bankrupt if they don't keep up with global developments.

Banks, especially traditional banks will adopt crypto technology at the coming future, I agree with you maybe local banks will bankrupt if they don't allow the digital technology.
Because  we should always improve our technology

[Manna]

we might see more of usdt and other rest been accepted as digital currencies. recnetly, visa has choose to partner with usdc to create a credit card for usdc.