Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: zorchy on October 17, 2018, 03:03:14 AM
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In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
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Maybe it's the best solution for all of us. Because with that, the Bank is not bankrupt and can still run, but not managing fiat money anymore, but Crypto money like Bitcoin. On the other hand it will also be good for the Government, because it can improve the economy of the country through such transactions.
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To start, it should be said that many banks don’t understand bitcoin. Banks view bitcoin and altcoins as industry disruptors, a potential market anchor, or both. Some in the banking industry have openly stated their dismissal of the digital currencies.