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Author Topic: Do you think cryptocurrency must get support from the bank?  (Read 17734 times)

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #30 on: February 25, 2019, 06:22:08 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #30 on: February 25, 2019, 06:22:08 AM »

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Offline enci55

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #31 on: February 25, 2019, 07:27:37 AM »
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.

Offline hidayatachad

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #32 on: February 25, 2019, 07:37:39 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #33 on: February 25, 2019, 07:48:18 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #34 on: February 25, 2019, 10:32:21 AM »
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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Offline Galon

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #35 on: February 25, 2019, 02:44:15 PM »
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.

Offline masterrex

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #36 on: February 25, 2019, 03:30:15 PM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #36 on: February 25, 2019, 03:30:15 PM »


Offline kenning

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #37 on: February 25, 2019, 03:37:19 PM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #38 on: February 25, 2019, 04:49:53 PM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #39 on: February 25, 2019, 06:17:18 PM »
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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Offline Rituvohra01

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #40 on: February 26, 2019, 05:22:46 AM »
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.

Offline Whate

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Re: Do you think cryptocurrency must get support from the bank?
« Reply #41 on: February 26, 2019, 10:46:10 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #42 on: February 26, 2019, 10:54:59 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #43 on: February 26, 2019, 11:27:29 AM »
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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Re: Do you think cryptocurrency must get support from the bank?
« Reply #44 on: February 26, 2019, 11:41:32 AM »
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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