banks Banks loving Blockchain and its law

[gourav789 2834]

1 hour ago, Suparna said:

My guess is that banks cannot be associated with cryptocurrency because it can lead to some problems in the domestic economy or transactions through banks. In the case of banks, some official steps have to be taken to transact and no official transaction has to be done to transact with online currency. This is possible online

I also think same mate @Suparna because bank as well government didn't control price of bitcoin as well other Crypto currency .

I see government always prefer to ban Crypto in their region because if Crypto is accepted in local shop then we can see it's negetive effect on usage of fait currency as well as on national economy .

[ramonn22 731]

Logical dear friends that banks are extremely interested in Blockchain since it is a revolutionary technology therefore Banks cannot be left behind with this great technology and not participate in this juicy cake
Luck and big winnings
A big greeting to the whole community

[ShiNorton 906]

If you are serious  really blockchain helps bank to complete tasks with a higher success rate and higher transparency  to their customers. It is the shame that they just look at volatility  of crypto price. 

[khan22 3478]

Crypto is a great market and in this market peoples will change their life and in this business soon the world best banks will invest and they start work in the market and install the ATM also. Crypto is a great and best market in all over the world.

[Goyaa 2414]

It is true that banks like blockchain technology, because blockchain technology can store the value of money safely in banks, this technology is very necessary because bank gold reserves are very limited so technology is needed to maintain the value of money and also regulate the traffic of fiat money circulating in a country.

[Zalaks007 543]

Am sure banks will have no option in the future than to join the Blockchain technology too and they will definitely adopt the use of cryptocurrency and create there onw coin too. Crypto is the future currency either they like it pr not.

[Alex9876r 1408]

Many banks have started creating their own blockchains to launch fixed currencies, spread them among depositors and traders, and enforce them as a blockchain-based payment method. But this is an attempt to keep pace with the decentralized crypto market, and Bitcoin in particular, and some of them have been placed on the list of financial assets that can be invested in, and this is an explicit recognition of its importance and a guarantee of the continued existence of banks in the first place.

[yonkii 3205]

From what we see there are some banks that every day make statements calling Bitcoin a great investment. I don't know why as they have some technicals saying that price will rise a lot in the next year, but I have seen many poeple that are interested lately and it was something everybody has noticed for a while.

[Amna Hareem 1213]

On 10/19/2019 at 12:13 AM, Keith700 said:

If you have noticed, there is something in particular with certain financial institutions in the world .....
They have not been able to block bitcoin at all, not even any cryptocurrency, which is why they try to get on their side to try to keep the titan still, although this does not help them much.
Understand that when an enemy passes to your side it is because you know that your enemy is much more powerful than you, with more features; It is exactly what banks do with bitcoin, the regulations do not do so much damage that is why they are placed on your side although it does not imply that the fiats banks in a few years will already be simple history.

 It is a good news because banks are the one that are against cryptocurrencies and are trying to ban cryptocurrencies in their country and I think they will not only like it but also accept it and I think it should grow their fees because their fees are very high if we withdraw our payment through it so I think it should do something because now cryptocurrencies are becoming popular and they also want to earn money so they should work hard to do something good that people like them and join their banks.

[Serbberq 724]

Banks have no option than to join the blockchain technology, the technology have bring many opportunities that banks don't have which it attract investors to invest in cryptoworld than in banks now. and for banks to Benefits also have to adopt using blockchain so that investor can invest through them. 

[abohasnn9 2401]

My dear friend, the blockchain platform is the centralized platform for cryptocurrencies and it organizes the sending, receiving and mining of cryptocurrencies in the medium between miners and the actual users of cryptocurrencies. Therefore, it dominates this market and for this reason all banks love the blockchain platform Thank you

[teebasas 3018]

Perhaps banks should consider creating their own decentralized blockchain to establish themselves, because if people trust them to do business with them, they would have taken a significant move toward increasing transaction faith and transparency.

[Dissy sb 945]

yes you said absolutely right the blockchain is very important in the crypto trading and one thing I want to tell you that many banks are alone they're customers to use the cryptocurrency and they can can withdraw and and deposit that cryptocurrency in the bank

[basel23 1722]

There are not many banks around the world that support cryptocurrencies, but companies are trying to stand by bitcoin because they are afraid that cryptocurrencies will be able to control the world economy, then companies that invest in cryptocurrencies will have achieved fictional profits.

[Jack764 1841]

Blockchain technology has overcome the banking system, and the operations are quickly and automated and there is no room for error in it, which is done by transferring information from one person to another.

[Pereira 2303]

Certainly the bank cannot with the powerful titan that is Bitcoin, that is why they put aside and accepted it, since this powerful titan can destroy the banks and all their organizations over time, for that the banks try not to stay in the past and create cryptocurrencies in search of a solution not to extinguish banks in the process of expanding Bitcoin.

[Abrar1122 10]

The blockchain and the cryptocurrency is the the innovation and in the new financial system of the world that is why people should accept it bravely.

[RoyalHouse01 9]

the bitcoin or the cryptocurrency is the way to get ultimate economic power that is why it is more important and all should have it at least on the basis of the country not individual.

[Fatima Alre 766]

Exactly, they have to accept this idea .. that these cryptocurrencies are the future and not paper money, but I think that they have already begun to accept this situation because they have no other choice, and cryptocurrencies are getting more popular day by day than fiat currencies and everyone tries to invest and take the benefit from them and soon it will be no comparison never.

[Samer1997 715]

It is sad for those monetary financial companies and banks that their field is violently damaged by digital currencies, but I think they can turn their field to support digital currencies and ride the big wave to achieve big profits, all indications are that Bitcoin is remaining and will continue so they have to act quickly

[Jami ss 843]

Yes my dear friend I have listen back many banks are involving in the trading of cryptocurrency at this time and they are using the blockchain technology but you cannot ignore that there are many scammers on the blockchain

[Bhaigo5 633]

Banks are afraid due to bitcoin because mostly customers are working in Crypto currencies. And therefore mostly are leaving actually banks have their blockchain and they can send and receive but banks are not accepting to bitcoin.

[april1221 303]

On 10/19/2019 at 2:13 AM, Keith700 said:

If you have noticed, there is something in particular with certain financial institutions in the world .....
They have not been able to block bitcoin at all, not even any cryptocurrency, which is why they try to get on their side to try to keep the titan still, although this does not help them much.
Understand that when an enemy passes to your side it is because you know that your enemy is much more powerful than you, with more features; It is exactly what banks do with bitcoin, the regulations do not do so much damage that is why they are placed on your side although it does not imply that the fiats banks in a few years will already be simple history.

The reason why there are still many countries that have not accepted cryptocurrency, especially bitcoin is because bitcoin cannot be controlled so that there is no supervision carried out by banks or government agencies in that country. Therefore, some countries make their own cryptocurrencies where the system adopts bitcoin, namely the blockchain system.

[Alix188 585]

Most of the banks that were fighting cryptocurrencies are now accepting them because they know that it is impossible to limit or control the spread of Bitcoin. I hope that Bitcoin will help us get rid of the control of central banks on the global economy.

[Mica 308]

Banks used to benefits from the blockchain from the fees for transactions or any other transfer from the bank to the blockchain or from the blockchains to the banks and the laws guiding it is fully followed.