Interest of bank?

[Whited35 15285]

This will not be just the case of the Germany. The majority of the banks should be seeking for the best ways for the payment processing. Being the centralized , bank can take sometimes to fully adopt the crypto currency. In Germany ,there is already a good environment for the crypto tradings. 

[SuperCrypto 7193]

Banks do not support bitcoin. Bitcoin transactions actually require an intermediary terminal examination, and it only happens on a completely different level than checking and executing regular financial transactions. Money is traded as a digital currency, without the intervention of banks. This can save a lot of money, time and energy, and can improve transparency greatly.

[SuperCrypto 7193]

The argument for preventing and fighting cryptocurrencies is that it is not reliable but it is the same that makes people find the dollar or the euro unreliable. The value of the paper currency is the same as the value of the bitcoin coin by the way, and is not related to the value of gold, real estate or any other value that can guarantee the exchange rate of the currency in question.
 

[MrGox 880]

There are a lot of reasons for choosing BTC for us. It is one of them instead of relying on Bank we can use some exchange. l mean without going to the bank we can make at the home everything with BTC of course. 

[Rares002 262]

I think this is the way for them to control bitcoin but I think they cannot do it because we know that no one can control the price of bitcoin and bitcoin is decentralized. No one can control the price of bitcoin and no one can access it.

 

[Shaza Ahmad 1682]

Well, I think Germany is destined to fully legalize cryptocurrencies, but the idea of selling cryptocurrencies through banks does not appeal to me, because the reason for finding cryptocurrencies was to move away from dealing with banks.

[Mishu1234 101]

This is actually a step trying to keep the control of cryptocurrency bitcoins and other factors under their control so that tha cryptocurrency does not bit them    

[CryptoMaxim 2372]

On 30.11.2019 at 20:58, 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 

I think banks do this not to centralize the cryptocurrency but for their own benefit. Since such operations will have a Commission and this is an additional profit for banks.

[Upright 2688]

If that's a move by the German government, as to make this type of decision concerning that of Crypto currencies,, to be involved in banks as where uses can but Crypto also from, then its going to be healthy good on this initiative in Europe if possible

[iloveyobit 6599]

6 hours ago, CryptoMaxim said:

I think banks do this not to centralize the cryptocurrency but for their own benefit. Since such operations will have a Commission and this is an additional profit for banks.

If so, why are they trying to break the Bitcoin and put other central currencies on it and over decentralized currencies, if they do not just want to benefit alone ?

[Thekingcallme 1975]

It is in the best interest of the German bank to support bitcoin and cryptocurrencies because that will make it make good profits because this field is very popular.

[Treat1234 0]

It might even have different objectives to cryptocurrency, many government will try to make their own way of dealing cryptocurrency and have a little control and limitations to it

[DavCrypto 298]

We all wish that, and the decentralized nature of the cryptocurrency is the biggest problem for banks and governments, so we do not know if it will surpass it one day and start dealing with it.

[George10 9932]

In my opinion I think it's a good thing if the banks or governments develops some interest in cryptocurrency or starting to facilitate their works it's a good move.

[Laboni 755]

Even if the bank works properly, it does nothing but serves their interests. They pay high-interest rates on transactions. Banks work to protect their interests in case the government gets all the tax subsidies from now on.

[Saj555 2250]

The bitcoin is a decentralised currency. No person or company can control this but a kit of banks are trying to do that. But that is quite impossible. But if the banks can give good interests to people maybe then people will be able to to accpet the currency even if they control it. So let's see what happens. 

[BrolySSJ 7899]

I think that allowing banks to sell crypto may be a good idea, but i also think that it may take away from the anonymity and the decentralized nature of crypto and i think that this is the most concerning part for most of the crypto users. Personally i woudl like to think that the banks have found a way in which they can maintain this but the fact of the matter is that banks will want to regulate it and this could be detrimental for the crypto market, or it will not get any support. Only time will tell.

[pablomarwan 3082]

I have heard in this regard that it seems that most of your children in the world have come to include digital currencies alongside them, which means that they will not be decentralized. I don’t think that all currencies will be subject to this experience, and it is also possible to charge some taxes for

[Virgil dijk 1431]

Well I think this shows that there found interest in cryptocurrencies, but no one knows the  intention of bank because there have always been against cryptocurrencies, I think there are looking for a way to get in control of cryptocurrencies.

[Zaino34 0]

 

I do not think that banks are able to control cryptocurrencies as these currencies were created in order to eliminate the role of centralization, but it may be that governments began accepting and recognizing cryptocurrencies.

[Zues 1069]

On 11/30/2019 at 3:03 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 that other banks are getting interested in cryptocurrencies lately because they are afraid of what it can do. I think that they are aiming to develop a new system with cryptocurrencies to make their banks better and I think that is why they are suddenly want to have cryptocurrency. 

[Rezort 846]

That is fascinating how Germanese banks are actually making big moves to the cryptocurrency market and I think that many other country's banks should probably take the experience of Germany.

[MCSGlegend 2210]

They just want to control the cryptocurrency , and those people who do not know about the exchange will buy coins from banks without knowing that you can not do it.

[Mohssine 1725]

This is great , because is a step to support cryptocurrency in the country , is mea you can use cryptocurrency very easy , and also the fee of transactions will be low , now im in a country don’t support cryptocurrency, so is hard to use it , and withdraw them in a real life , but this step of supporting crypto in bank this is great.

[malik6314193 5449]

I think they may be want to control the crypto market. But i don't think so they can control because it is not used by them. It is used globally and no one can control it.