banks Banks without exit

[Keith700 1885]

Banks think they are going to get away with it when they are actually giving backing to the blockchain ecosystem which will somehow consume banks.
The Santader bank gave a billionaire support this month to Blockchain being one of the important steps between the Bank-Blockchain relationship, but this does not mean or dignify that the banks are in control, no; they are already without a way out and understand that the technological revolution in terms of payments and transactional transactions refers to arrived, these movements like those of the Santander bank soon only a desperate movement to want to support a new system that you end up taking out of the financial monopoly in the future.

[fuer44 1083]

although in the end the bank adopted blockchain technology, but I'm not sure crypto will also be adopted. their only goal is technological progress, but their office is fixed on fiat.

[Sumayya 493]

Banks have a way of getting there way out of the shit. They think they are wise to support the blockchain just to take over it

[Muphin 459]

On 11/28/2019 at 7:57 AM, fuer44 said:

although in the end the bank adopted blockchain technology, but I'm not sure crypto will also be adopted. their only goal is technological progress, but their office is fixed on fiat.

I agree, that is also because cryptocurrencies like Bitcoin, Ethereum and other altcoins are not stable. In government, they prefer stable money, not the one that in every minute, it changes. And yes, it is only for technological advancement since we are now in the generation where technology is already a part of human's daily life.

[khan22 3478]

On 11/28/2019 at 4:57 AM, fuer44 said:

although in the end the bank adopted blockchain technology, but I'm not sure crypto will also be adopted. their only goal is technological progress, but their office is fixed on fiat.

Crypto market will start the work with banks because bank support the crypto also they fix the ATM of crypto currencies and also they give fiat money to the peoples in the bank and also crypto will pay tax to the banks and i hope soon banks and crypto market will work at the same place in the world.

[avatarkiyoshi 270]

1 hour ago, khan22 said:

Crypto market will start the work with banks because bank support the crypto also they fix the ATM of crypto currencies and also they give fiat money to the peoples in the bank and also crypto will pay tax to the banks and i hope soon banks and crypto market will work at the same place in the world.

You will think Bank adopted cryptocurrency, so that price will go higher to the moon. But in fact they only utilize the technology for making their own cryptocurrency which they control it.

[Naga 1250]

I think banks are the most in need to something like the blockchain technology and to see them actually taking a step in that direction ia a good thing because this will ease the way of them accepting crypro in general. 

[Fatihgani12 348]

Well, it can be agreed to anything that was agreed upon when it was approved but not approved by Crypto as a means of transportation. They still use fiat forward in transaction tools.

[aqua 773]

24 minutes ago, Wish107.5 said:

Bank that not support blockchain in the future will die,  because blockchain are the future for many bank now to stay and not become useless in future. 

If the bank wants to survive with their system, they need to adapt to the blockchain, and even they need to implement or integrate their system into the blockchain technology. If that can be done, I think that the banks will have a new vision and new looks so that their customers will like their updates. I think it will happen in the future but not right now because the banks still need to learn about crypto and they still searching what is the benefits to the bank if they integrate their system with the blockchain technology. So let us wait for the next news from the bank in our country, and we hope that the bank will join crypto too.

[Migo 7946]

11 hours ago, Abdullahi said:

Not all banks support blockchain but there might be a few among the banks that will support blockchain in the future since blockchain is all about technological currency in the 21st century

I think banks will be more reasonable about bitcoin in the future, and he will be used in many fields not just in the banks, he is powerful now and he will be more

[fuer44 1083]

9 hours ago, khan22 said:

Crypto market will start the work with banks because bank support the crypto also they fix the ATM of crypto currencies and also they give fiat money to the peoples in the bank and also crypto will pay tax to the banks and i hope soon banks and crypto market will work at the same place in the world.

it will be interesting when the bank provides crypto to fiat or fiat to crypto features, it will be seen that crypto is very official and there will be no doubt anymore and nothing will get in the way anymore.

10 hours ago, Muphin said:

I agree, that is also because cryptocurrencies like Bitcoin, Ethereum and other altcoins are not stable. In government, they prefer stable money, not the one that in every minute, it changes. And yes, it is only for technological advancement since we are now in the generation where technology is already a part of human's daily life.

if you take from the technology side for example blockchain, it's very good to be adopted. but if it is for crypto to be used as payment, it will be a bit complicated.

[Muphin 459]

8 hours ago, fuer44 said:

it will be interesting when the bank provides crypto to fiat or fiat to crypto features, it will be seen that crypto is very official and there will be no doubt anymore and nothing will get in the way anymore.

if you take from the technology side for example blockchain, it's very good to be adopted. but if it is for crypto to be used as payment, it will be a bit complicated.

It will be complicated in a way that because of its volatility, businessmen and company owners will or will not profit from their products because of the continuously changing value of cryptocurrency. Most affected sectors of the market when this happen are the businessmen and companies. 

[duncun007 3577]

18 hours ago, khan22 said:

Crypto market will start the work with banks because bank support the crypto also they fix the ATM of crypto currencies and also they give fiat money to the peoples in the bank and also crypto will pay tax to the banks and i hope soon banks and crypto market will work at the same place in the world.

taxation is the reason why so many people are buying bitcoin to avoid paying so much taxes and rather say the money was gone than disclosing your bitcoin holdings, and also crypto ATM as we discussed before on this forum would be a bad idea.

[fuer44 1083]

1 hour ago, Muphin said:

It will be complicated in a way that because of its volatility, businessmen and company owners will or will not profit from their products because of the continuously changing value of cryptocurrency. Most affected sectors of the market when this happen are the businessmen and companies. 

then for this reason crypto is still difficult to adopt. many still doubt crypto because of its volatility. we also can't blame companies or businesses that are still reluctant to cooperate with crypto because volatility can mess up their business. there is still much to consider.

[Afrizal rahman 2636]

If it is true the bank takes blokchain.  I don't think crypto will work with them, but I'm not sure about that.  what is clear is that they want technological advances, maybe they see it on Blokchain.

[Muphin 459]

1 hour ago, fuer44 said:

then for this reason crypto is still difficult to adopt. many still doubt crypto because of its volatility. we also can't blame companies or businesses that are still reluctant to cooperate with crypto because volatility can mess up their business. there is still much to consider.

Yup, that is also why cryptocurrency cannot be a fiat currency in a country because of this reason that would impact most of them. But they could allow them to accept Bitcoin as payment, its just that it is not really helpful and will make things complicated if it is made as a replacement for our fiat currency.

[Crypto123 0]

The long-standing monopoly of the banking system will soon end, this technological revolution is coming hard and nothing will stop it. It is only a matter of time before all banks convert to digital or they will be out of date.

[Hatred 1388]

On 11/28/2019 at 7:57 AM, fuer44 said:

although in the end the bank adopted blockchain technology, but I'm not sure crypto will also be adopted. their only goal is technological progress, but their office is fixed on fiat.

Well, we can assure that. Its because blockchain is connected to cryptocurrency. And for me, its like you are removing a major part or contributor of blockchain technology, which is cryptocurrency.

[Roomi 1119]

On 10/23/2019 at 9:18 PM, Keith700 said:

Banks think they are going to get away with it when they are actually giving backing to the blockchain ecosystem which will somehow consume banks.
The Santader bank gave a billionaire support this month to Blockchain being one of the important steps between the Bank-Blockchain relationship, but this does not mean or dignify that the banks are in control, no; they are already without a way out and understand that the technological revolution in terms of payments and transactional transactions refers to arrived, these movements like those of the Santander bank soon only a desperate movement to want to support a new system that you end up taking out of the financial monopoly in the future.

Blockchain technology can actually belp very much in improving the banking structure. We can not forget the role of banking sector in our life also we can not do our financial transaction withou them so if banks will be upgradrf we can get more benefits 

[Amirul Islam 382]

On 10/23/2019 at 10:18 PM, Keith700 said:

Banks think they are going to get away with it when they are actually giving backing to the blockchain ecosystem which will somehow consume banks.
The Santader bank gave a billionaire support this month to Blockchain being one of the important steps between the Bank-Blockchain relationship, but this does not mean or dignify that the banks are in control, no; they are already without a way out and understand that the technological revolution in terms of payments and transactional transactions refers to arrived, these movements like those of the Santander bank soon only a desperate movement to want to support a new system that you end up taking out of the financial monopoly in the future.

I think in future banks have to convert their system into Blockchain. Otherwise they can't survive in the world. Because I think in future all payments will be in blockchain networks.

[Yanadia 1517]

Yes it is, sophisticated technology or anything if the Bank is still implementing a system of implementation and the same steps will only be in vain.  Because the bank's financial problems are not only in the technology system but its regulations which make consumers feel disadvantaged not only in time but also in costs and taxes as well as bank rates which are very suffocating.

[Oxygen 1004]

On 10/23/2019 at 9:18 PM, Keith700 said:

Banks think they are going to get away with it when they are actually giving backing to the blockchain ecosystem which will somehow consume banks.
The Santader bank gave a billionaire support this month to Blockchain being one of the important steps between the Bank-Blockchain relationship, but this does not mean or dignify that the banks are in control, no; they are already without a way out and understand that the technological revolution in terms of payments and transactional transactions refers to arrived, these movements like those of the Santander bank soon only a desperate movement to want to support a new system that you end up taking out of the financial monopoly in the future.

A time will come when banks should have to adopt blockchain technology. Currently banks not like blockchain and crypto currencies, but some of have accepted the new technologies. If banks seriously understand the importance of crypto and blockchain technologies they will shake hand with them and could create a better gateway for financial transactions.

[khan22 3478]

On 12/3/2019 at 10:53 AM, Naga said:

I think banks are the most in need to something like the blockchain technology and to see them actually taking a step in that direction ia a good thing because this will ease the way of them accepting crypro in general. 

Now the banks are not working with the crypto market but soon the banks will start the work with the blockchain and also they except the crypto other coins and they make good business in future becasue crypto market is our future.

[bentayebsalah 2280]

On 11/28/2019 at 12:57 AM, fuer44 said:

although in the end the bank adopted blockchain technology, but I'm not sure crypto will also be adopted. their only goal is technological progress, but their office is fixed on fiat.

Your words are true, even if the banks accept and adopt the blockchain, this does not mean that they are now supporting cryptocurrencies

[avatarkiyoshi 270]

On 2/10/2020 at 10:22 AM, juttmani said:

Thank you very much, you have exactly what you say, you will say that their own will increase their value from the bank, it will never happen.

Precisely, the government will not decentralization take over their economic system.

And if they want to create their own coin, it's obviously will become a centralization cryptocurrency which totally out of the philosophy.