Do you think cryptocurrency must get support from the bank?

[Ta.Form]

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.

[ryap12]

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!

[Falcon]

Crypto can survive without banks, also banks can survive without crypto.
But once collaborated both can do better than alone.

[Audrey]

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.

[PhiliPPs]

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!

[Domithra]

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.

[Alcor]

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.

[EyeOfHorus]

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.

[indexx]

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. 

[vegasus]

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. 

[Seerge]

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.

[Octoalts]

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.

[pers]

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.

[MVT$]

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.

[Coin63@]

Cryptocurrencies and banking systems two are the different systems in economic development. But cryptocurrency will develop without helping banking.