Banks will always be against cryptocurrencies?

[emma.lee1890]

 No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

[topicmaker]

I think they will eventually accept this and integrate them into their systems.There is no reason why they shouldn't.this market will replace the real money in the future.

[paolobaltimori]

Banks maybe are against some crypto and bitcoin before they are worried that crypto investments will take part of baking profits. However I think this process is inevitable and the first banks that will implement blockchain and serious trading desk will have many advantages compared to competitors.

[Asebaby]

They have always be on the neck of cryptocurrency but the fact is that they cannot succeed in any of thiercplans to bring down the cryptocurrency,cryptocurrency is here to stay.

[khufuking]

Banks will always be against Cryptocurrency. Imagine you have all this power and someone suddenly make a threat to take it all away from you. The power of banks is in centralization while Crypto is more about decentralization and even if banks decided to switch to the decentralized model governments will never allow it because simple this is how they control people.
Also while banks are against Cryptocurrency they at the same time with the adoption of the Blockchain, you are mixing things Cryptocurrency is not the Blockchain it is just built on it.

[fallenangel1789]

Banks are heavily scared of cryptocurrencies. I think they should be. Cryptocurrencies are big thread to the banks. I think banks will never disappear but blockchain technology and cryptocurrencies will diminish the power of traditional banking.

[Coin63@]

I don't believe that because those countries cannot permit bitcoin, then their banking systems always against bitcoin, otherwise bitcoin friendly countries bank not..

[Zyarifa]

in my opinion there is a truth that banks also reject cryptocurrency, because crypto is a digital currency that is more efficient than the current currency and if the crypto currency is truly nullified it will attract the public to switch to crypto currency

[Garuda]

Since the beginning, the Bank did not like the presence of Cryptocurrency in this digital world. Because obviously if left unchecked then the Bank will lose to Cryptocurrency. Because Cryptocurrency uses Blockchain technology which means decentralization in its financial system, while for banks it is still centralized. Transactions are also better at Cryptocurrency because it is more cost effective and more effective than using a bank.

[Kubiga]

they will surely admit it and indeed this takes time, we also don't know maybe they also invest there

[Inesterdd]

Banks are always against cryptocurrencies.
If in the future the cryptocurrency becomes more viral and 100% of the world's population starts using it, it may become the main threat to the world banking system.

[Contagem]

I think that banks will find a way to use cryptocurrency in their own interests and for their own benefit, so I believe that banks will simply learn to coexist alongside crypto currencies and will try to manipulate them. The banking sector is already testing in closed mode, the technology of Blockchain and the possibility of making interbank transfers using cryptocurrency.

[nick_2017]

In my opinion banks will never allowed crypto because it isn't profitable. First of all crypto can eliminate fraud and high interest on the contribution. Bank owners will suffer huge losses.

[Fenix]

Banks are actively resisting the introduction of cryptocurrency only at the initial stage. In the future, when the states legalize cryptocurrency, the banks themselves will switch to the use of cryptocurrency and will provide some services in the cryptocurrency. Cryptocurrency is quite able to cooperate with banks.

[Dinid]

Nice topic mate.
Banks is Official Government Institution that created to manage or to ease financial activities in a country.

The bank's decision regarding cryptocurrency depends on the government's decision.
We know there are many different point of views between each governments regarding cryptos. And we must respect it.

The governments are doing what must be done.
Of course, their decisions has been through in-depth studies as well.

Indeed, never worry regarding this issue