Bitcoin and the World Bank(WB)

[Javier Alvarez 111]

Again, Bitcoin is giving something to talk about and making more and more entities join this digital movement of cryptocurrencies, it is a great achievement that the World Bank (WB) uses bitcoin, without a doubt the new era of finance is in the cryptocurrencies

[Daramola Abiodun T 60]

If that happens, it will be a miracle, as it will broadcast bitcoin even more that it is now. But we should not deceive ourselves, world bank cannot accept bitcoin nor will they accept any decentralized digital money. You know why, it doesn't suit their style.

[Afran_025 26]

Banks have got several terms and conditions that needs to be followed to continue usage of their services. But with bitcoin wallet there is no limitations in having it without a small amount into the wallet.Also it cannot accessed if their is an internet connection but with bank for such services we needed to pay regular charge of using it.

[teebasas 3018]

I think It will be difficult to achieve this because a lot of banks still refuse to deal with Bitcoin, and if this happens and they accept digital currencies, the number of people who use them will increase and the paper currencies of those banks will decline.

[Michailma 637]

While for me, i also suggested that the bitcoin is like a big store bank because it is very large bank and it very save but everyone understand local banks most especially in this era we are indeed

[guatazoo 7150]

On 12/6/2019 at 11:21 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?.

If the world bank will be supporting bitcoin uses, then the big supporter of bitcoin will be world bank because world bank is known and used worldwide, but exchanges are known by few people. 

[Anuu 220]

On an exchange market, the final cryptocurrency holders will turn it into fiat currency, which may be a primary exchange market run by the development organization or government or a secondary exchange market . The main aim is to shift the transition from crypto to fiat currency as near as possible to the final cash recipient.

[zhoutong 2188]

I haven't heard a lot from the World bank but they were not rejecting cryptocurrencies totally. They had a few reports that were supportive as it is an organization that usually forsees future trends in the financial markets and acts to give some loose directions. Of course they won't ever create trading desks as said in this post, this is not why the World Bank exists.

[joemcgwa 3227]

On 12/6/2019 at 11:21 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?.

But once the world bank will also be supporting the bitcoin, bitcoin will be required to be selling with very expensive price, maybe the one who owns 1000 satoshis its worth for doing basics needs, this is due to lowcoin supply of bitcoin while the world has so may people.

[Sykkuno 2887]

The world bank gives loans to countries to fix their finances, I don't think you got this right as it is not an exchange and is not about making profit, it is sustained by money from many nations something close to IMF but not in a very strict way as it doesn't ask for exchange from governments.

[cryptovlek 2597]

I have no idea if the World Bank discusses Bitcoin, if it does then it should be having a positive feature in the reports, however I haven't heard of any news coming from this organization. But you make a comparison between two establishments that are very different. The World bank is not a bank nore an exchange. You should look it up as you think this is some kind of the typical bank but in larger scale, it is not like that.

[Fixfin 2569]

On 12/6/2019 at 10:21 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?.

What is this guy saying here, do we need this kind of post? It looks like a person high on substances made it. Just says that the world bank supports Bitcoin and then says that they use it. Where is your evidence about that, there is nothing anywhere that the World Bank used Bitcoin or even supported it.