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Lubruselu

Bitcoin and the World Bank(WB)

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On 12/6/2019 at 8:58 PM, sdsonjoy50 said:

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.

Right now it is informed that the world bank has refused the existance of cryptocurrencies but this the hope of traders that it is going to accept it. 

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On 12/6/2019 at 2:21 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?.

That will be more good news about crypto. The market boom over a night. Many banks also will follow this and will adopt bitcoin. Many country will legalise it.

On 12/6/2019 at 2:21 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?.

That will be more good news about crypto. The market boom over a night. Many banks also will follow this and will adopt bitcoin. Many country will legalise it.


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The World Bank (WB) has now started using Blockchain Technology in its products and has launched the first Blockchain Bond in the world, this is good news. However, the World Bank (WB) considers Bitcoin and other cryptocurrencies, if not monitored, can be used for crimes such as Terrorist Funding, Money Laundering and means of tax evasion.

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it is impossible that world banks allowed their customers to used bitcoin or any other crypto coins from market for banking transactions because world not accepted still to this market .

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I think that many banks already wanted to prepare their own currencies with support in natural resources such as gold, oil or other things, maybe in the future we will see more banks with coins created for supports.

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1 hour ago, Azmir123 said:

I am not sure whether the World Bank is using Bitcoin or whether the transaction is baseless. But i think The World Bank will never support Bitcoin, they simply run in currency.And Cryptocurrency supports trading and other benefits and it gives traders the benefit that it offers.

Never say never anything can happen in the future, maybe the world bank would even turn to be that crypto banks.

48 minutes ago, maxiway said:

I think that many banks already wanted to prepare their own currencies with support in natural resources such as gold, oil or other things, maybe in the future we will see more banks with coins created for supports.

And maybe crypto would be a way for many countries to cut ties with the world bank.

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The worldbank supports countries that are in need of money to recover their economy. We see that crypto can provide an alternative for the financial system in areas where the financial system fails. So the worldbank should look into crypto.


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On 12/6/2019 at 1:21 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?.

If world bank done this then banks will more interested in crypto currencies. As well as general public will also would be excited to join the crypto world.

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World bank will never accept bitcoin.  As they accept only currency.  But bitcoin is a digital currency. They wont accept it      

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I think that Planet Bank will eliminate centralized currency recognition and bitcoin and other vestiges of all its decentralized platforms.  Instead, it checks out to create its weird federal cryptocurrency, its fees being made after the most important fiat currency.

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On 17.02.2020 at 21:11, Okefiaosogbo said:

I don't deliberate humankind line care crypto trading as it looks like they are scared but decentralized exchanges look after help cryptocurrency trading and other remuneration and leveraging that it gives to it's traders. 
 

My end is that global financial institution will not lower back bitcoin customers .Since the donot allow to meddled with other costumers protection and it isn't always a secure way because on net there are masses of professionals otherwise you called programmers . And moment  the individuals go together with bitcoin ,it's miles handy as evaluate to global bank .  THANKS

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Bitcoin or crypto is one kind of Bank and have all features but in Initial state and we know that it have power with most secure technology we just need regulations then nobody can stop.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.

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On 12/6/2019 at 9:21 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?.

Please don't expect the world bank to endorse bit coin or any other Crypto currency because they Will never endorse it but I know with time that bit coin is going to gain global and mass adoption leaving banks with no choice to accept it.

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On 12/6/2019 at 1:21 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?.

World bank is a giant economic terittory. It is impossible to accept bitcoin currently for worls bank. Because if world bank allows and adopt bitcoin the value of bitcoin will go high and this will not be acceptable for other currencies like US$.

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I don't think so and the answer to that is because it will be difficult to get something like this that is approved by the government or regulator. And yes, this idea beats the essence of cryptocurrency. However, if there is really a large demand for this service then there is a big chance that entrepreneurs can take the risk and offer this same service to the targeted market.

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Both will use it for cryptocurrency enthusiasts, some people will use world bank and some will use crypto exchange platform it depends to them. 


 

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Wb World edge is an society with a fat capital, if attracting the the makings from this organization, I imagine we will spin to a new call out of the coin market.

 

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On 2/16/2020 at 4:00 PM, Romaan1987 said:

If world bank done this then banks will more interested in crypto currencies. As well as general public will also would be excited to join the crypto world.

The World Bank did nothing other than endorse the Blockchain technology and not Bitcoin or cryptocurrency in general, so what's there for people to be excited about? It's no surprise though, world bank represents the interests of central banks, which by extension is the interests of the governments.


 

 

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World Bank is closely monitoring this for some long time and with collaboration of IMF they already working on few projects with the help of blockchain as they are issuing their own token and now working for own cryptocurrency its good as they accept this all and entering with some solid things we will watch more good things will happen in future.

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I think crypto is better if you want no one knows any thing about your money and how you collect it 
also may be to avoid taxes , but if you want to make a real project so you need to use banks so you need to make a deposits in real banks and provide the papers of how you collect that money to enjoy the advantages from that bank 
so you can do both and enjoy every good side in them 

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I do not think that banks like Bitcoin, they are against the existence of Bitcoin and may also be trying to contain and control it, so some banks started to support opening a Bitcoin account.

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I think world bank not support crypto currency users to invest in crypto market, because world bank only support centralized markets, and crypto is decentralized currency no one control this market so in my knowledge world bank not support crypto directly.


 

   

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Bitcoin or cryptocurrencies in general are considered decentralized currencies in the sense that the banks cannot support them by storing them because they are considered intangible and they will face a difficulty in that but they are greatly supported by crypto exchange platforms because they are the first recipient or incubator for them


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