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Lubruselu

Bitcoin and the World Bank(WB)

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What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

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I think that the World Bank, being the epitome of centralized currency and all, would flat out reject Bitcoin and other altcoins that work on a decentralized platform. Instead, it might try to create its own centralized cryptocurrency, with its price pegged after a major fiat currency.

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I do not know for sure whether Bitcoin is being used by the World Bank or whether the transaction is unfounded. and I will always use Bitcoin myself.

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8 hours ago, Lubruselu said:

What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

Crypto exchanges are the most bitcoin price movement supporters because I never heard the news that's bitcoin is fall because of WB bankrupt, but I always hear that bitcoin price was fallen suddenly because of exchange got hacked


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World bank will never support bitcoin they only participate in currency. World bank only release policy that can be used to recover and built economic in the world. Every country must accept it but until now many countries still reject bitcoin.

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14 hours ago, Wish107.5 said:

For me crypto exchange. Because you can do anonymous trade here's. Especially on decentralized exchange.  And Ofcourse you are free form tax. 

Yes this true, the most wanted feature from the customers is to be not tracked by anyone, not like fiat currency where they can know every move you did it

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I don't think world bank support crypto trading because it looks like they are scared but decentralized exchanges do support cryptocurrency trading and other benefits and leveraging that it gives to it's traders. 

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16 hours ago, Lubruselu said:

What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

still the bank will be the main because the bank is a place to store the country's currency and the country's currency is not possible to be eliminated. crypto will only be a supporter for several reasons, for example for online transactions.

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5 hours ago, fuer44 said:

still the bank will be the main because the bank is a place to store the country's currency and the country's currency is not possible to be eliminated. crypto will only be a supporter for several reasons, for example for online transactions.

For me I don't think that's if world bank support's bitcoin because I guess they think that's if the bitcoin price will go up thats means they'll need to invest more fiats currencies

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1 hour ago, Lubruselu said:

For me I don't think that's if world bank support's bitcoin because I guess they think that's if the bitcoin price will go up thats means they'll need to invest more fiats currencies

I mean not formally supportive or overall supportive. but crypto will be used as a payment that is not possible to do, for example online transactions when the user does not have a credit card. it is true that crypto might not support or get 100% support from the bank.

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5 hours ago, Ardian1206 said:

Well, if the bank wants to adopt bitcoin, I think it is impossible because there is a lot of resistance from banks and the government, hopefully the crypto world stands alone with people who fight for people who like this innovation.

I don't think banks would adopt it eventhough many organization or any groups wanted to have control over Bitcoins because they would be considering a lot of things, first is their volatility, we're when would Bitcoin reach its limit. Second is the unknown included people in the transactions.

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My opinion is that world bank will not support bitcoin users .Because the donot allow to interfere with other costumers privacy and it is not a secure way because on internet there are lots of experts or you called hackers . And second  the people go with bitcoin ,it is handy as compare to world bank .  THANKS

 

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On 12/6/2019 at 12:21 AM, Lubruselu said:

What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

I think the world bank has invested trillions on Bitcoin, But they do not accept it and they see it as atherat, there will be no need for a world back wehn Bitcoin has taken over.

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16 hours ago, guatazoo said:

I think the world bank has invested trillions on Bitcoin, But they do not accept it and they see it as atherat, there will be no need for a world back wehn Bitcoin has taken over.

How can world bank to be invested trillions of dollars in bitcoin while there have total bitcoins which worth of $215 billion (21 million btc)

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On 12/6/2019 at 12:21 AM, Lubruselu said:

What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

Dollar supports cryptocurrency indirectly, how? you can only buy Bitcoin with Fiat and the main used Fiat is dollar, but banks does not and will never.

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On 12/6/2019 at 3:21 PM, Lubruselu said:

What's do you think! Is world bank support and allow the bitcoin uses to its customers and banks uses.

And if the world bank has use bitcoin and supported it, what's do you guess is a most bitcoin supporter! World bank or crypto exchanges platforms?.

In my opinion the bank will not use bitcoin, with the adoption of the blockchain they can create cryptocurrency and build their own community. I didn't even think about that bank and bitcoin work together. Bitcoin cryptocurrency is decentral, they don't need a bank to make transactions because it has a P2P network.

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Most of peoples don't like this idea that Banks use bitcoins becasue this will lost his unanimouty and they will trace all data about bitcoiner so doing with exchanges is mostly preferable and good for this good thing is banks also not like this and they will resist any decision like this so its not going to happen in near future.

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Getting with the world bank platform would only be a positive step in the right direction for bitcoin. It does not need to be apart from the system but rather accepted by the system. The only way this is possible is to be at the same table as other fiat currency.

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10 hours ago, dillah said:

In my opinion the bank will not use bitcoin, with the adoption of the blockchain they can create cryptocurrency and build their own community. I didn't even think about that bank and bitcoin work together. Bitcoin cryptocurrency is decentral, they don't need a bank to make transactions because it has a P2P network.

Nowadays I see something new into cryptocurrency that's called bitcoin ATM! Is this feature has no any concerned with fiat banks?.

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3 hours ago, Lubruselu said:

Nowadays I see something new into cryptocurrency that's called bitcoin ATM! Is this feature has no any concerned with fiat banks?.

Nope, this system is more developed by bitcoin developers in the region. I have never used it because the fee is more expensive. Bitcoin ATM is easy but expensive. 

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Well what I think is that the world Bank does not support bitcoins till now. Cause we all know that the online crypto currencies are untraceable and much anonymous. So it's quite impossible to compare world Bank with online crypto currencies! 

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