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Author Topic: Will banks always be against crypto?  (Read 1594 times)

Offline princessgirl

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Will banks always be against crypto?
« on: October 14, 2018, 02:34:03 AM »
With the increase trend of the Blockchain technology and cryptocurrency, the attention and interest of the people are gradually drawing to crypto. This will definitely lead the banks with no choice than to integrate Blockchain into their services in order to continue winning the interest of the people.

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Will banks always be against crypto?
« on: October 14, 2018, 02:34:03 AM »

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Re: Will banks always be against crypto?
« Reply #1 on: October 14, 2018, 03:11:41 AM »
Agree, in my country one bank is now accepting crypto currency in their system. They even have cryptocurrency mining. Sooner or later if crypto currency will continue to boom, there is possibility that all banks will embrace blockchain system.
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Re: Will banks always be against crypto?
« Reply #2 on: October 14, 2018, 03:32:17 AM »
I think that banks will be fine either way. They're very opportunistic, so if they think they can make money (or save money) from dealing with crypto then I think they'll jump at the opportunity.
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Re: Will banks always be against crypto?
« Reply #3 on: October 14, 2018, 06:37:33 AM »
Yes, All I know is that banks in our country do not want to accept with crypto money that continues to grow, but I believe in the future the bank will definitely receive circulation of crypto money as a transaction tool.

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Re: Will banks always be against crypto?
« Reply #4 on: October 14, 2018, 07:00:22 AM »
With the increase trend of the Blockchain technology and cryptocurrency, the attention and interest of the people are gradually drawing to crypto. This will definitely lead the banks with no choice than to integrate Blockchain into their services in order to continue winning the interest of the people.
If banks against in crypto they have no choice, they have to adopt it since this is the future of money.

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Re: Will banks always be against crypto?
« Reply #5 on: October 14, 2018, 09:56:49 AM »
In my opinion, banks will soon accept cryptocurrency. Because crypto is interested in more and more people, thus they do not pay on the banks. Therefore, to correct the situation, they will start accepting cryptocurrency banks, but I could be wrong.
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Re: Will banks always be against crypto?
« Reply #6 on: October 14, 2018, 11:13:02 AM »
someday crypto will be an alternative payment in the community, this is not impossible, because everyone has an android, so it won't be difficult to use cryptocurrency,
just wait for all regulations to be approved.

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Re: Will banks always be against crypto?
« Reply #6 on: October 14, 2018, 11:13:02 AM »


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Re: Will banks always be against crypto?
« Reply #7 on: October 14, 2018, 12:18:02 PM »
Bank will always be against cryptocurrency and I believe that.If people start using cryptocurrency they will not store there money in bank they will keep there money in crypto.Because bank have some rules which people hate.If people start using crypto then bank can not make profit.
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Re: Will banks always be against crypto?
« Reply #8 on: October 14, 2018, 05:04:11 PM »
At one time the bank will be able to collaborate with cryptocurrencies. Because of the increasingly advanced development of blockchain technology, banks can also utilize cryptocurrencies as part of instruments used by banks in terms of investment.
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Re: Will banks always be against crypto?
« Reply #9 on: October 14, 2018, 05:09:19 PM »
At the moment, they adhere to the position of not cooperating with any cryptocurrency until a law is issued that legalizes cryptocurrency, if that happens, then even the banks will not go anywhere, we have to wait and believe.
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Re: Will banks always be against crypto?
« Reply #10 on: October 14, 2018, 06:04:48 PM »
Yes, All I know is that banks in our country do not want to accept with crypto money that continues to grow, but I believe in the future the bank will definitely receive circulation of crypto money as a transaction tool.
Banks don't like cryptocurrencies because they don't get any profits from it but another major problem is that banks don't control decentralized currencies.... Bitcoin and others cryptocurrency is decentralized currency.

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Re: Will banks always be against crypto?
« Reply #11 on: October 14, 2018, 06:20:21 PM »
Yes! I think that Banks has no options other than to embrace cryptocurrency and the blockchain technology. Honestly, cryptocurrency and the Blockchain that came with it has been a challenge to the banking sector. Crypto is real and Blockchain is the game changer to cryptocurrency, and i think whether the bank sector like it or not, crypto had come to and this is the future of money.

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Offline muneerashine

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Re: Will banks always be against crypto?
« Reply #12 on: October 14, 2018, 07:10:52 PM »

Crypto is getting more traction, so bank has no choice to adopt it , rather than against it. Banks are now exploring the  blockchain technology on how they can utilize the blockchain.

Offline Dacosta

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Re: Will banks always be against crypto?
« Reply #13 on: October 14, 2018, 07:56:35 PM »
The blockchain technology is full of great potentials for the future. The banks can never be against bitcoin forever. I believe a time will come when they will embrace this technology and integrate it to their services.
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Re: Will banks always be against crypto?
« Reply #14 on: October 14, 2018, 09:59:47 PM »
Finance industry is the fastest industry to catch new progress. They started to understand that they cant overcome crypto so now they're trying to get used. But it doesnt mean that banks will accept crypto easily and like us. They'll try to find how they can earn with crypto. So the adoption would be weird.
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