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Author Topic: Do you believe banks will soon get into cryptos  (Read 15827 times)

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Re: Do you believe banks will soon get into cryptos
« Reply #45 on: October 07, 2020, 01:27:35 AM »
I also don't know bro whether Cryptocurrency and a Bank can coexist, because indeed between Banks and Cryptocurrency have different systems.  But I think there will always be a way forward in the future, maybe they won't put their systems or payment methods together. But between the Bank and Cryptocurrency, respectively.  it's just that they are under the same auspices of the banking institution.
I think it will be very difficult, we know that crypto is desentalized while the bank is controlled by the government. I prefer between banks and crypto to complement each other or that banks can use blockchain technology for their transactions
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Re: Do you believe banks will soon get into cryptos
« Reply #45 on: October 07, 2020, 01:27:35 AM »

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Re: Do you believe banks will soon get into cryptos
« Reply #46 on: October 08, 2020, 03:34:02 PM »
I am sure that the bank will soon enter into cryptocurrencies or they can use blockchain technology. As the popularity of crypto grows, the bank will also consider its benefits and advantages. Thought some government does not understand this system, but soon they will take this step.
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Re: Do you believe banks will soon get into cryptos
« Reply #47 on: October 08, 2020, 11:47:26 PM »
I am not sure the banks to join crypto space in the near future. Many governments in the world still don't legalize it. So, it is one of the obstacles that banks are a bit hard to join. If the status of crypto is legal in all countries, I think the banks may join soon.

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Re: Do you believe banks will soon get into cryptos
« Reply #48 on: October 09, 2020, 12:17:40 AM »
The question  do you believe bank will join cryptos? is an under estimated statement because virtually all banks activities are carried out electronically, and most bank has E wallet which required one coin or the other. Banks are already in crypto.   
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Re: Do you believe banks will soon get into cryptos
« Reply #49 on: October 09, 2020, 01:04:25 AM »
The question  do you believe bank will join cryptos? is an under estimated statement because virtually all banks activities are carried out electronically, and most bank has E wallet which required one coin or the other. Banks are already in crypto.
Is it blockchain technology? I don't think so because banks are still centralized while crypto is decentralized. So it's a different system.
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Re: Do you believe banks will soon get into cryptos
« Reply #50 on: October 09, 2020, 02:20:10 AM »
I think bitcoin will be more popular in future world and people getting more and more depending on bitcoin uses. So some countries allow bitcoin due to people interests. So banks one day allow cooperative with their transaction system.

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Re: Do you believe banks will soon get into cryptos
« Reply #51 on: October 09, 2020, 06:07:38 AM »
The question  do you believe bank will join cryptos? is an under estimated statement because virtually all banks activities are carried out electronically, and most bank has E wallet which required one coin or the other. Banks are already in crypto.
Is it blockchain technology? I don't think so because banks are still centralized while crypto is decentralized. So it's a different system.
Banks will transition rather quickly from their long-obsolete SWIFT to blockchain. This is even seen in the example of the development of the ripple network.
However, here we are talking about direct cryptocurrency trading. If this refers to the exchange of cryptocurrency for regular currency, then banks will also be engaged in this, because at the same time they do not risk anything. To do this, they only need detailed instructions from above on how to do this, and they will make their profit on the cryptocurrency.

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Re: Do you believe banks will soon get into cryptos
« Reply #51 on: October 09, 2020, 06:07:38 AM »


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Re: Do you believe banks will soon get into cryptos
« Reply #52 on: October 10, 2020, 05:05:54 PM »
I believe that not only bank but also economic all institution or organization will adopt crypto currency this time is not so far. With in 2- 3 years we will see the reflection of the adoption.
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Re: Do you believe banks will soon get into cryptos
« Reply #53 on: October 10, 2020, 06:10:37 PM »
maybe the Bank will be outdated.  But I don't believe it will happen as quickly as they predicted. It could happen over a longer time.
Well, but whether banks can coexist with crypto? I don't know. Because the banking and crypto industries are very different systems
Technology could make both in one line. Humans are intelligent enough to make a way just to compose a common point for fixing the missing part in both. In due time crypto and banks will become  common. Like Mars and Earth are different but Mars is on going development  for the future of human lives.

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Re: Do you believe banks will soon get into cryptos
« Reply #54 on: October 11, 2020, 11:05:00 AM »
Why not, in fact, some of the other banks are little by little adopting the concept of cryptocurrency and one of this bank company was Unionbank, I don't know the other banks if they are doing the same thing as what Unionbank did now. Therefore that is very much possible to happen anyway.
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Re: Do you believe banks will soon get into cryptos
« Reply #55 on: October 11, 2020, 11:17:33 AM »
I am not sure the banks to join crypto space in the near future. Many governments in the world still don't legalize it. So, it is one of the obstacles that banks are a bit hard to join. If the status of crypto is legal in all countries, I think the banks may join soon.
It is clear that what is needed is legalization from the state so that there is synergy between crypto and banks, even though it may be legal it will also be difficult to put together because it is clear that the capacity is different and crypto is too risky in its responsibilities.
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Offline lepbagong

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Re: Do you believe banks will soon get into cryptos
« Reply #56 on: October 11, 2020, 11:22:12 AM »
Why not, in fact, some of the other banks are little by little adopting the concept of cryptocurrency and one of this bank company was Unionbank, I don't know the other banks if they are doing the same thing as what Unionbank did now. Therefore that is very much possible to happen anyway.
it is too risky if banks also have to bear and work on crypto because the system is clearly different and there are many obstacles that will occur in crypto and it is not easy to solve. maybe only for exchanges such as foreign exchange, it is possible because banks can immediately make transactions again and benefit from the administration obtained.
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Offline Tanimariya

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Re: Do you believe banks will soon get into cryptos
« Reply #57 on: October 11, 2020, 05:08:38 PM »
Blockchain technology is not comparable. Because a lot of research is needed when it comes to blockchain technology. But there is no one like this research. If the common man of a country is asked what is blockchain technology? Then he can't answer. So I don't think everyone knows about blockchain. So banks in different countries do not want to transact using blockchain technology. does not want to approve cryptocurrency. So I think there is a need for research on this and if some experts are able to do research inside the country, banks in different countries of the world will approve it.

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Re: Do you believe banks will soon get into cryptos
« Reply #58 on: October 11, 2020, 05:26:47 PM »
it is too risky if banks also have to bear and work on crypto because the system is clearly different and there are many obstacles that will occur in crypto and it is not easy to solve. maybe only for exchanges such as foreign exchange, it is possible because banks can immediately make transactions again and benefit from the administration obtained.

In the near future it is very possible that banks and crypto will be in collaboration to enhance the system of different investment field. Each party is require to adjust and adopt some system and cycles just for innovation.

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Re: Do you believe banks will soon get into cryptos
« Reply #59 on: October 11, 2020, 05:39:32 PM »
bank If you think cryptocurrency is good for business and transactions. Then who do I want to accept in this matter. Because the bank is going to make the right decision. But bank officials need to have knowledge about this. How it can be used and hire officers. These issues will have different controls, there should be vigilance and security in this regard. Need to hire cryptocurrency trading experts.

 

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