Interest of bank?

[Win 1015]

The interest of bank is too low but in crypto the interest is based on the bitcoin price and ofcourse if the price is going high you have got youre profit but if its going low youre gonna lose.

In bank.if they are maintaining balance you will be lose also.but the interest is so verry low

[Man 741]

in my country, there is no relation between banks and Bitcoin. so when you buy Bitcoin or other coins you are not subject to tax or other payments. so at the bank and we have nothing to do with each other.

[Romaan1987 601]

On 11/30/2019 at 12:03 PM, Sedendum said:

In Germany, a bill could legalize the sale of cryptocurrencies by banks. Is it a new speculation by banks? Does it clash with the decentralizated natura of many crypto?

 

 

 

 

 

I think it will not effect the decentralization of crypto currencies, as banks will only buy sell in crypto currencies or send payments across border. Crypto currencies will remain decentralized. 

[Sourav43 106]

On 12/1/2019 at 9:32 PM, Sourovdeb890 said:

Maybe a framework to screen the digital currency advertise, and thinking about the status of Germany as a financial pioneer in the European Union, I don't figure such an activity will be individual without coming back to different nations like France by model. furthermore, Well I think it depends if the bank is the one that makes the cryptographic money or will permit exchanges with monetary forms that are now available for use in the trades. Be that as it may, it could be an achievement, contingent upon the conditions.

Your information is very useful. Thank you so much for sharing this information with us.

[andrehol 16294]

The bank will simply be able to store cryptocurrencies. About the sale did not say. This is good news for the development of the crypto world! From storing in a bank, cryptocurrency will not become centralized.

[ShakilA 373]

Most of the bank gave their holders yearly interest.This is very useful and good opportunity for us.We can also make profit from this

[gigabyteRTX 1583]

I think they are trying to control bitcoin or another cryptocurrency to become centralized but we know that its impossible so I think as long as they can't make it to centralized they will not initiate to use cryptocurrency.

[phpMailz 568]

Banks having something with cryptocurrency doesn't make cryptocurrency less decentralize, like the many agencies and organizations that have gotten into cryptocurrency they are all now part of the crypto world with each group having their say and no one have total control.

[Roomi 1119]

Bitcoin and other crypto currencies can not be legalize without the help of banks. And also without changing the crypto nature from decentralization to centralization it can not be possible to regularize crypto in a country.

[el-Muhammady 718]

Now every part of these  means the governments are gradually rotating around their former statements about crypto nowadays that they state seen the odds of it selection them and alleviate fixed firmly numbers on blockchain technology

[Ionescu 115]

Well, if a bank decides to start selling cryptocurrencies it's only a big advantage for them because they will charge fees for selling and buying cryptocurrencies. 

[Agios 1763]

The German bank will control cryptocurrency in their country. There is how much circulation of coins, and to oversee money loundering, crime and tax avoidance, so it will not have anything to do with the decentralizated nature of many cryptos.

[Mandoy01 1196]

Did you know that one of the shareholders of XRP are the big banks in the USA. XRP is not a decentralized cryptocurrency. So I guess Germany is copying this model so that they can control the flow of a certain cryptocurrency. But even though they will legalize bank centered cryptocurrency it will still help increase the value of bitcoin.

[aqua 773]

15 minutes ago, Modon said:

Crypto will probably replace fiat currency and this be the main currency throughout the world. I think banks taxes and interest are so damn high so If I were you just use Bitcoin.

No, I don't think so. You can imagine what would happen to that country if they use crypto, especially if they use bitcoin. The government will have to worry about seeing the bitcoin price is up and down, and that can cause the industry or businesses will not stable too. The economy of that country will always be volatile, too, because they use bitcoin as the national currency. The bank will try to prevent the volatility, but if they use bitcoin, then they don't have a control for that, and that can make people panic too. But we don't know what step the government will do with bitcoin, and it's better to wait for a while.

[Naylor89 1223]

At present, everyone is investing in bitcoin with great interest. It is more profitable than backing interest rates in all countries. But the risk here is high. There is no risk to the bank.

[samislam 403]

nothing will gone through clash of bitcoin and banks.they are just trying to maintain their own economy and make the exchange local way to move in with their people.it will work on good and help to grow the market

[Tine0313 3053]

I think they are only controlling the use of bitcoin since cryptocurrency now in their country is now legalize. We read many articles about misuse of cryptocurrency and use it in illegal doings. I don't think it will have clash of crypto and fiat currency in banks.

[khan22 3478]

On 11/30/2019 at 12:03 PM, Sedendum said:

In Germany, a bill could legalize the sale of cryptocurrencies by banks. Is it a new speculation by banks? Does it clash with the decentralizated natura of many crypto?

 

 

 

 

 

It is the best idea that the crypto coin will start to work in banks and i hope in just 4 to 5 years in so many countries the BTC and also the other crypto coins is legal and the banks will start to work in these banks.

[rekter 8129]

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

In Germany, a bill could legalize the sale of cryptocurrencies by banks. Is it a new speculation by banks? Does it clash with the decentralizated natura of many crypto?

 

Why would it? It clashes as much as any exchanges that currently sells cryptos. Some are against it and some love the custodial way to store and buy them.

[Soaib khan 1035]

Banks can't control crypto currency and banks taxs is very high and interest low in crypto currency no any taxs or transaction charges.

[babaji 1228]

I wonder how will that work. If they truly accept cryptocurrencies in present form, how will it work with taxes, or even fianancial products, since the volatility is so high, a million dollar hedge fund, can loose thousands from it value, and make a big loss. But hey I am not complaining, way to go Germany

[Sasaki 171]

Banks wants to control the flow of money that's why they afraid of crypto because it is decentralized and can use by everyone but it has a lot of benefit, so if they want to legalized crypto in banks they must also accept it system and not to control it. 

[AmjadBydn 0]

in banks taxees and interest are so damn hight ! so if I were you I will use Just Bitcoin ! easy to handle and trust me you will earn more money 

[Sid 589]

I'm not really sure, but it needs to be done so that the cryptocurrency can be accepted in many countries. Crypto currency must be regulated even though it is not completely, to avoid things that are not desirable

[Usman Abdulmumin 354]

It will even help decentralised Exchange rates if it legalise! And apply for banks let see how Germany own will be.