Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ayatoslaw on February 01, 2019, 02:49:34 AM
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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.
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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.
It's not the bank. It's people's mindset. Young people, who participate in blockchain projects, have not used a bank. There was a gathering for 0x cryptocurrency, in my area, and a very young guy, said, that it is his first job, and has been paid this way, only. For us, cryptocurrency is strange, for him, bank was strange. That's how life evolves, and I think cryptocurrency will be the winner.
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That would certainly be wonderful, but banks just cannot start cooperating with cryptocurrency, they need to get permission from the government to begin with, and as we know nowadays it is difficult to do.
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Most likely not, it is precisely the banks that are not interested in the fact that the cryptocurrency is developing, therefore, they are probably more interested in destroying the crypt!
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Bank is not the factor that makes cryptocurrency to develop well. As you know that most banks in the world don't really like cryptocurrency. Banks system is centralized while cryptocurrency is decentralized. They have a different concept and goals.
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Cryptocurrency cannot be managed by government institutions or banks, so crypto does not have to get support from banks because crypto is decentralized, for other reasons with the exchange rate of crypto to dollars, I think we can work with banks to make crypto better known by many people
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It would be very good if cryptocurrencies get support from the banks if it happens cryptocurrencies will definitely get a new boom even the trust of investors will increase and we will see more new investors come into crypto market. But I feel this will happen only when there is some regulations in cryptos.
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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.
No, I think Cryptocurrency is decentralize system, It mustnot get support from the bank. Because No one can not control crypto over.
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It will be better if banks can support cryptocurrency, but it doesn't mean crypto won't improve without banks. Crypto can develop with many ways, it is supported by community. We know that cryptocurrency still continues to improve very well so far without bank supports..
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We all know that banks and cryptocurrency are different, in function, form, and community. But as technology develops, there may be new ideas about cooperation or innovation between banks and cryptocurrency in the future.
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for me the bank is very influential and must support crypto. we buy cryptocurrency must definitely go through the bank first and fill in the balance. banks and crypto depend on each other. now many banks want to use crypto.
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No need. On the contrary, sometimes banks don't really support crypto system. They are in different field, we are in digital investment. The banks supports will not bring high influences.
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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.
It is a good advice mate. I think Crypto is the future currency without bank. It is decentralize platform. That's my opinion.
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A bank is a business entity that is engaged in managing finance within a country. While the crypto blockchain technology is a new technology that can cover several things including finances where each transaction is faster. This makes crypto a threat to the bank. But if a smart bank in taking blockchain technology in it certainly makes them progress, so crypto can also be applied because of the use of this blockchain technology by the bank.
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A bank is a business entity that is engaged in managing finance within a country. While the crypto blockchain technology is a new technology that can cover several things including finances where each transaction is faster. This makes crypto a threat to the bank. But if a smart bank in taking blockchain technology in it certainly makes them progress, so crypto can also be applied because of the use of this blockchain technology by the bank.
This is, the fear of the unknown. As you said, smart banks, will use blockchain technology to minimize costs, and improve productivity. I think that some banks, will evolve and coexist nicely with crypto. Others will not, and disappear. It's called evolution.
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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.
maybe the bank in question is a bank in a country. in a sense, crypto can be legalized if it is supported by banks within that country. because this involves personal data or the use of transactions between users and currencies in that country.
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In the first place, Cryptocurrency never needed a support from banks. It can stand alone without the government interfering or the banks. I think the question needs to be revise into " Do banks need the support of Cryptocurrency? Especially in the near future?" That way we can make an interesting discussion. Banks are now an option for some people including me. I prefer to keep my funds instead of putting them in the bank. Just as what the quote say, "be your own bank". I feel safer and no HIDDEN FEES AT ALL!
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Crypto can survive without banks, also banks can survive without crypto.
But once collaborated both can do better than alone.
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Why not, if there is a bank that supports crypto then it is a good and right step for the bank's progress in the eyes of the public.
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Cryptocurrency will develop well with the help of society, and although banks could substantially speed it up or even simplify it so as not to look for large investors, banks are unlikely to be interested in supporting cryptocurrency!
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Cryptocurrency does not need the banks before it can blossom. It already hit a bull market during December, 2017 without the help of the banks. What can change the status of the cryptocurrency market now is the governments. Cryptocurrency needs the support of the governments in order to allow the people patronize crypto freely and this will cause a huge rise in the market value.
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After the states legalize cryptocurrency, banks will have to coexist with cryptocurrency and provide various services in cryptocurrency. In any case, banks will be forced to provide services for the exchange of cryptocurrency in the usual currency. Banks will be able to provide other services in cryptocurrency, if it is profitable financially.
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Well this can be somewhat complicated including that today decentralization is very popular you can say the trend for 2019 like the DexAge platform other DEX alike platform which strive to work without central authorities intrude and the bank is more like government related object so it is hard to say indeed.
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Crypto can survive without banks, also banks can survive without crypto.
But once collaborated both can do better than alone.
Indeed. Crypto doesn't depend on the banks to improve. It has already been supported by its community, and it has a power to develop.
Yes, I agree. If banks can support cryptocurrency, it will be much better. Cryptocurrency will be easier to improve.
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Whether banks will support or not, crypto continues to develop every day. I don't refuse if crypto will be better by bank supports. It is very good news if banks can support. But it is also no problem if there is no support from banks.
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Yes ... it can be done to accelerate the development of cryptocurrency, even though the Bank and Cryptocurrency are actually different. Because banks deal with fiat money while Cryptocurrency is digital money. But to strengthen Cryptocurrency, support from the Bank and the government I think is very influential at a later time.
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Yes of course, because if we want to withdraw our money from Cryptocurrency to Fiat, of course we need the Bank as a means of disbursing money. Therefore, although banks and cryptocurrency differ in function and usability, they must support each other for the smooth development of cryptocurrency.
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Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
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JP Morgan has another idea on this. He does not support the existing model of cryptocurrencies that's why he'll just build his own. Other banks may soon follow. They'll create their version of cryptocurrency exclusive only to banks use.
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Cryptocurrencies and banking systems two are the different systems in economic development. But cryptocurrency will develop without helping banking.
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That would be awesome if crypto and banks have cooperation. But even without each other, one can stand the ground. I believed cooperation with this two institution would really makes the transaction so easily from fiat to crypto and to paper money. There are some banks that support cryptocurrency and it turns out to be beneficial to the investors.
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I think that crypto is a competitor of banks, because the ease of cryptocurrency transactions can make banks experience setbacks, I don't think crypto needs support from banks, because banking transactions and transaction from cryptocurrency are very opposite.
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I think cryptocurrency does not need to need support from banks, because cryptocurrency is functioned as opposed to banking, if we make transactions from one region to another and use banking services, the process will be long, not with cryptocurrency.
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well, it is a bit of contradition if crypto needs banks to change the world...
In the end I see two paths, or the banks, as we know them, die and crypto allows a bank-free society, which will be difficult because although parasites, the banks accumulate some degree of power in our society and will not go down easily.
Or the banks adapt, the same people stay in control and the system and money just changes to crypto instead of printed paper.
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Crypto has a good level of security for the online transaction system, every exchange in all countries now has given a lot of fiat exchanges, I am very happy to see crypto be used as an online payment tool, but banks are very unhappy with crypto, but I'm sure there will be a supporting crypto bank and the old bank will close.
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In my opinion, banks are only a complement to crypto. Because the crypto currency is still not able to enter the bank. Crypto currencies also cannot be received in all countries. So it still needs fiat if you want to transact in a country that has not legalized crypto.
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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.
I think its not going to happen since crypto-currency was a direct treat to the banks services, thats why it wouldnt support cryptocurrency as it was. But the banks can used Blockchain to compete with cryptocurrencies Blockchain base decentralized services such us intant payments service with minimal fees etc.
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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.
Ya i have the same thinking as you having the support of the bank can be a bonus to crypto but in actual fact crypto and bank is totally a different game one is centralized and one is decentralized
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I think the support from the bank is needed to launch a transaction from fiat to crypto or vice versa. now many world banks use crypto. I am sure that sanagat bank support is needed for the progress of crypto in the future.
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I think cryptocurrency does not need to need support from banks, because cryptocurrency is functioned as opposed to banking, if we make transactions from one region to another and use banking services, the process will be long, not with cryptocurrency.
Cryptocurrency can exist in its virtual world. However, in order for people to successfully use it, it must quickly and freely go into the usual currency and back. This is especially noticeable during the period when cryptocurrency is still poorly used directly as a means of payment. Therefore, for cryptocurrency, bank support will be very useful. After its legalization, cryptocurrency states and banks will be forced to coexist on mutually beneficial terms. At a minimum, banks will make operations on the exchange of cryptocurrency and fiat. I see nothing wrong with that.
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I think it is not possible that cryptocurrency must get support from the bank because its working pattern is totally different from banks. It's also needs regulations and government permission.
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In my opinion, that could happen. The most important thing is the government's support for crypto. If the government has legalized crypto in its country, then everything can be arranged. By sitting together looking for the best solutions that are mutually beneficial.
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If crypto becomes dependent on banks for survival that would defame it's uniqueness because there have been debates of crypto been better than banks and now you go there for assistance?. Banks could help some projects thrive yes but why can't the richness of the projects mission make that possible
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In my country crypto is an asset that can be traded but cannot be used as a payment tool, in the future crypto will be better known than banks because banks have a very complicated administration system, when you want to make a payment you have to wait and wait patiently, but crypto can change everything to be fast, safe and transparent
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In my country crypto is an asset that can be traded but cannot be used as a payment tool, in the future crypto will be better known than banks because banks have a very complicated administration system, when you want to make a payment you have to wait and wait patiently, but crypto can change everything to be fast, safe and transparent
I think that seeing crypto as an asset only, will last for a couple of years, worldwide. Some countries and states, do the move now, others will follow. Only patience is needed.
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I really don't support that because getting support from the banks means involving the government. Cryptocurrency is decentralized while banks are centralized. If cryptocurrency becomes dependent on banks, it will limit its use and it won't be as unique as it is. It will be controlled.
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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.
Getting an external support is always better than standing alone by yourself. Definitely crypto will not need a bank to survive the survival of crypto greatly depend on the investors.
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I don't believe that banks are going to help or cryptocurrency getting help from banks because banking systems fully against of cryptocurrency.
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Cryptocurrencies may benefit from bank support and gain greater popularity, security and distribution, but I believe that the use of cryptocurrencies may cease to be anonymous and decentralized if banks begin to regulate, control and store cryptocurrencies of bank customers.
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Cryptocurrencies may benefit from bank support and gain greater popularity, security and distribution, but I believe that the use of cryptocurrencies may cease to be anonymous and decentralized if banks begin to regulate, control and store cryptocurrencies of bank customers.
Yes, in general, you are right. Cooperation between banks and cryptocurrency is inevitable and it will be mutually beneficial, including for cryptocurrency. Especially quickly this process will occur after the completion of the process of legalization of cryptocurrency by the states, when banks receive the appropriate instructions about cryptocurrency from the competent state authorities. At the same time, banks will necessarily provide cryptocurrency exchange services. About the rest of operations in cryptocurrency, not sure. This will depend on many factors and ultimately on the profitability of these operations for the banks themselves. Of course, the level of anonymity and confidentiality of cryptocurrency holders will fall.
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Only those countries accept bitcoin as legally, those countries bank accepts bitcoin as their payment system. Otherwise not.
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if in my opinion it must be bro. because with the support of the Bank, it will make the Cryptocurrency world better and have an enormous opportunity to become a currency that can be accepted by every country legally like a paper currency
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The banks have their freedom and chance to support cryptocurrencies, thats their business, but the cryptocurrencies should not trust and rely on them.
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Yes, cryptocurrency and banks will be forced to coexist and cooperate in the future. Banks will at least provide services for the exchange of cryptocurrencies in the usual currency. It will be beneficial to both banks and the development of cryptocurrency. Of course, this will happen after the states legalize the cryptocurrency and the banks receive the appropriate instructions from the state bodies.
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that's right. And this is sad, because many countries simply prohibit the use of cryptocurrency.
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What kind of support and involvement that a bank can do? So far, we can see that banks also have relations to the cryptocurrency, moreover in helping for deposit and also cashing out.
But I also think that it is not enough. If you mean to make it as an integrated system, I don't think it will be easy, because it should be a centralized system.
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Yes, cryptocurrency and banks will be forced to coexist and cooperate in the future. Banks will at least provide services for the exchange of cryptocurrencies in the usual currency. It will be beneficial to both banks and the development of cryptocurrency. Of course, this will happen after the states legalize the cryptocurrency and the banks receive the appropriate instructions from the state bodies.
I agree with this, but it will take time. We are still, in the early stages, and I don't think, that the banks, will accept, that other entities, may coexist with them, at least for now. Later, when they see that cryptocurrency fighting, will take them nowhere, they will start to think more positively.
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Not only me but also all others investors and traders who not want to support the idea that cryptocurrency feedback with reputation bank and governments. If banks and government give support then it could be possible to ride up.
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In principle, cryptocurrencies in a certain way oppose themselves to the banking structure. Therefore, I do not think that we should expect any approval from banks. I am shure in this.
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I really don't support that because getting support from the banks means involving the government. Cryptocurrency is decentralized while banks are centralized. If cryptocurrency becomes dependent on banks, it will limit its use and it won't be as unique as it is. It will be controlled.
Cryptocurrency is impossible to be dependent on banks or anything similar to banks and just what
you have said this technology is decentralized so it will be impossible to happen. But some banks
are already supporting cryptocurrencies just like in my country.
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Cryptocurrency and banks are generally opposite in nature. So banks will not or barely help crypto. On the other hand, crypto doesn't necessarily need help from banks. It only needs recognition and acceptance from people to become popular. But since banks and governments are related, crypto is restricted a lot by governments' regulation. It's a tough path for crypto, though.
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I really do not think cryptocurrency needs the bank in order to be successful. The power lies with the people do if the people decide to make a project successful, successful it is
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Banks are afraid when Cryptocurrency comes with blockchain technology. That's the reason the Bank and Crypto can't cooperate because they will be eliminated.
crypto has a blockchain that will never be able to eliminate or change transactions from each payment
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banks hate cryptobecause it will replace them !
so answer is no way that could happen
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I think that banks will be against crypto currencies
because banks will not be needed
and they will put pressure on the fact that cryptocurrency does not develop
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Initially, cryptocurrencies were created for the purpose of decentralization with the ability to perform payment transactions between users excluding the intervention of banks. Based on this, we can conclude that one should not expect support from banks, since cryptocurrency can be a threat to them.
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Cryptocurrency in any case should receive support from banks and will receive it after its legalization by the states. If this does not happen, which is very unlikely, it will slow down its development. Cryptocurrency can not develop by itself, without the support of banks and government agencies. This can occur to a certain level, but its infrastructure can develop only after being supported by various government agencies, including banks.
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It is not the problem to support from the bank, but from the regulation in certain countries. When a country legalizes the crypto, they can allow this to be one of the payment methods. It depends on the financial system.
So far, we actually get indirect support from the banks when we are cashing out our money.
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Yes soon. blockchain technology is a great help for the banks. Banks will be left behind if they will not adopt the new technology which is blockchain. Ripple now is adopted in many of the money transfers. It will not be impossible is the banks will go for it. its just a matter of timing.
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Obviously I support this quotation because government and banking system are working with cryptocurrency then it would be possible to balance the world economic conditions and solve the issues of crisis of currencies.
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It depends on what you mean by bank support. After legalization of cryptocurrency by states, banks will be able to provide services using cryptocurrency, if it is to their advantage. You should not count on any support from banks. They will use cryptocurrency if it is to their advantage.
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There are several cryptocurrencies that get a partnership with the banks such as ripple. Banks so far also support the crypto as the way to deposit the fiat to the crypto world. However, to support deeper or more than it, I think it will depend on each country, whether it is available or not, legalized or not. And then, if it is supported by the banks, will the crypto be more stable? WIll it be centralized? I don't think it is good
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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.
Currently, no banks accepted bitcoin as mode of payment because this is a cryptocurrency which is decentralized that you can transact to anyone with ni middle men. Banks can trade, transact in fiat currency only, however bitcoin still legal payment in some countries.
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is crypto really supposed to get support from the bank? to be strong and can be applied as a means of payment.
For me Yes I will be more thank happy.
I think the Crypto market needed to support a legitmate market for buying and selling these assets is beginning to emerge, just as regulators start to make noises about formal oversight.
The current regulatory environment prevents the trading of digital money. However, financial institutions studying the potential for blockchain technology to improve post-trade services and settlement.
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It's about POWER.. I don't think that banks will give up their power, as the only institutions, that create money. Many people, want banks to support crypto, but crypto was made to move away from banks.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.
I think Cryptocurrency is not need the bank. But cryptocurrency need the government rule. Because I see several countries blocked cryptocurrency. I hope all of country can accept cryptocurrency and support them. Because I think no one can refuse the technology
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Cryptocurrency may well do without the support of banks. However, it is one thing to manage, and another thing to develop. Cryptocurrency will develop very badly if banks do not support it. People's confidence in cryptocurrency will increase if they see that banks will use cryptocurrency.
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Cryptocurrency may well do without the support of banks. However, it is one thing to manage, and another thing to develop. Cryptocurrency will develop very badly if banks do not support it. People's confidence in cryptocurrency will increase if they see that banks will use cryptocurrency.
Yes, of course. I just cannot see why a bank should undermine itself. There is also something important, If you want a bank supported coin, why bother with cryptocurrency? Debit/Credit cards are fine.
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Absolutely little doubt this, they're the simplest altcoins, the kings of all coin, and one with terribly reliable and economical technology, however it's still terribly alright to diversify into some coins for investment purpose, we've some coins that do perform greatly throughout the pitched battle, most importantly those that have the tendency of skyrocketing 100x, those are the sole coins you'll be able to out very little cash and earn abundant.
For coins like bitcoin and Ethereum, if you actually need to earn abundant with them , you have got to place in such a lot cash as a result of they're already dear immediately, these 2 coins are sensible to be control as future investment, if you're able to get a pair of bitcoin immediately, you'll be rest assured that within the next five years, you must be able to locomote $100,000 reciprocally if no more, however we've some altcoins that if you set in $7000, you'll be able to get quite that within the next pitched battle for altcoins.
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in my opinion it must be a friend because with Bank support, it will make the Cryptocurrency world more advanced and better.
Bank support can open a great opportunity to be legally accepted by cryptocurency by each country such as paper currency.
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Banks will not support it because of its high volatility and there is no regulations about it however I read some news that ripple has been used by some of the banks. So we can conclude that although at this time its impossible of the bank to support it, but when time comes, Im sure banks will have no choice but to adopt the changing to technology.
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I think that banks will be against cryptocurrency
if only the bank has its interest in cryptocurrency
the bank is not profitable if you stop using fiat money