Interest of bank?

[Calvinpriva 17296]

There are interests in banks but it depends with your accounts, amount and the bank itself. I don't think if there are banks which are already using crypto currencies, but i believe many bank countries will start after bitcoin.

[Zalaks007 543]

If the german government decides to sell cryptocurrency in banks, am site they most have found a way to tax the coin and by this they've really find a way to go against the sole purpose why cryptocurrency was created at first.

[TimopheyKa 3900]

Friend, it seems to me that this system is created in order to legalize cryptocurrency, as well as use it for their own benefit, that is, banks will receive any percentage from users

[Bulver 100]

I think if the state does this, then it is not casual. The centralizer wants to conralize everything and collect taxes on what people are interested in. If a large number of people are fond of cryptocurrency, then legalization is quite a normal topic. Personally, in my country, you can get a prison sentence for selling cryptocurrency (

[bogdanoff 3173]

Germany is moving to regulate bank services that offer cryptocurrency investments. I think they allowed and regulated them and also created rules for atm and other crypto services but they are strict and do not allow non KYC. We are waiting for a new regulation in all the Europe soon.

[galataapustina 36]

Is that even conceivable? Since for me the vast majority of the cryptographic money was made to turn out to be more decentralized and evade the standard of expert in the particulars of the salary so I surmise they attempt to make the coins brought together.

[lando 76]

no unfortunately no. they are trying to control bitcoin and crypto and centralize the domain. Banking institutions are notorious for stealing funds from their taxpayers and controlling your crypto wallet at the same time.

[Onden 2098]

I think this is the way banks control cryptocurrency so that decentralization becomes centralized. I don't think it's good that a bank can sell cryptocurrency, we can't just believe it because banks are centralized whereas decentralized cryptocurrencies are the opposite. We want cryptocurrencies to stick to the principles of decentralization.

[VijithaVarghese 1994]

I think this shows countries taking intrest in the blockchain technology after identifying its potential. I think online exchanges buy cryptocurrency than banks as the currency would end up centralised. The price of bitcoin and bitcoin is completely decentralised.

[khan22 3478]

On 11/30/2019 at 9:58 PM, iloveyobit said:

no , they are trying to controll bitcoin and crypto  and make the domain centralizated but they want , this will only help the domain by bring a new people and volume to it 

Germany are trying to legalise that and they make a good decision becasue crypto market is the future of the world and soon this is going to be legal in all over the world and that time the crypto market coins touch the sky.

[Dorjoy12 8962]

 Its a good way to calculate the crypto user and transaction  made by Germany government which will surely help them to increase their economic rate because now Germany govt easily put extra tax on crypto user to convert crypto into cash.. I think this is the future  of crypto curreny when it will be adopted whole over the world..     

[Maaz sultan 265]

Its a very good option when banks comes to this crypto field then get many new users to this profitable field and i think the value of bitcoin and al the crypto currencies will go further high by the time because more and more peoples joining the crypto market and more peoples mean high demand higher the price .

[freelancer 900]

I assume it is a way for them to control bitcoin however they cannot. Because we know that no one can control the rate of bitcoin and bitcoin is decentralized.  Nobody could be capable of manipulating the fee of Bitcoin it'll boom the rate further and no person can be able to get admission to it....

[yonkii 3205]

It will be reducing the decentralized nature of crypto for the investors. It won't affect the blockchain and how the system is used and there will be more adoption this way so it is only winning situation for crypto. On our part we need to keep discussing how cyrptocurency is better used by holding on our wallets.

[Fixfin 2569]

This is happening everywhere except that countries that have banned crypto. In the free world banks are thinking about it and are growing offices to help investments in crypto as they see a growing market that they don't know where it can reach. There are some predictions they made perhaps secret from the public and they are very positive for crypto.

[marchal87 2343]

If this happens, it is a good thing because Germany is one of the best countries in the European Union in terms of economy, and if the decision is implemented in Germany, it will be applied in the rest of the European Union.

[percare 3192]

On 11/30/2019 at 9:03 AM, Sedendum said:

Does it clash with the decentralizated natura of many crypto?

Who owns cryptocurrency and how he deals with it makes no difference. 99% of exchanges are centralized, does this class with the decentralization of some cryptocurrencies? Tether, XRP, IOTA and more top cryptocurrency are centralized too. Bitcoin is the most decentralized we have and still has issues of centralization of miners.

[Nezar 7169]

It is very good and it is useful for banks to accept cryptocurrencies, but I think that this is impossible and will not happen because banks need currencies that they can control and control and that cryptocurrencies cannot be controlled by anyone

[Izeal 4404]

The interest of the investbox is greater than the interest of the bank which will directly shows that we should keep our money in the investbox rather than in the bank because there are more advantages and it will more profitable if you invest that money rather than saving in banks.

[Mubarak Salihu Ahmed 1350]

I don't think so because I think they are trying to centralize this crypto currencies but they must hold and control the market.it would be a a way to profit especially if they use bitcoin because of high interest rate 

[cryptovlek 2597]

I haven't heard a lot about this, it can be something good for cryptocurrencies but it matters how are banks are going to treat them. Like they are going to offer buying and selling of crypto from some application or ebanking? Or they will offer crypto as investment for a few selected wealthy customers. I haven't heard a lot about what they plan to do but banks are very positive lately.

[Brushless4500KV 4214]

To receive bank interest from cryptocurrency, at first we need a bank which offers a special service to its customers so that they can open up crypto accounts and deposit their coins into it to earn monthly or daily interest. If banks want to get involved in this kind of activity, they should think about a reliable way to store and protect the coins of their customers. For example, they should buy a huge amount of hardware wallets because relying on online wallets may put the customers' coins at risk. Establishing Crypto-Oriented banks is much more logical because offering both crypto and fiat services at the same time is burdensome for the banks.

[Sykkuno 2887]

I think that the banks smelled the money in crypto trading volumes and want a part in this. If too many banks offer the same thing it can help crytpocurrencies rise a lot. Maybe this is why every cryptocurrency was rising recently, perhaps the banks were buying.

[Barbarellah 2225]

What began in 2019 with the pronunciation of some banking institutions supporting the idea of a possible adoption by them of course is considered unnatural, since their politics and ideology do not allow decentralized systems to take control. Facts like this have been accentuated this year when renowned banking institutions announced the adoption of cryptocurrencies to participate as an asset in their operations and it is a fact that shows that Satoshi Nakamoto's project is real and that now its time is coming.

[Mella 3680]

The banks would love to have discovered first the DeFi. I am think they are noticed and practiced with it and have made very good ideas on what to create next because the loans and everything can be made instantly with less cost cutting the lawyers for them and all the judicial notices and costs. There is growth of interest from banks for crypto and everything there is creates.