Bank with their crypto project - Crypto World - CryptoTalk.Org Jump to content
nicolas1234789

Bank with their crypto project

Recommended Posts

Many institution ( bank ) release crypto currency projects and fail. Bank release project as tester how people respond if bank take part in crypto world but when fail always involve currency in big value. I suggest they learn how to release project from developer, is my advice wrong or there's another option for make successful crypto project?

  • Useful or interesting 5
  • +1 5
  • +2 2
  • +3 2

Share this post


Link to post
Share on other sites

Banks project mostly failed due to centralized. People think coins price will be determined by banks and volatility will be low and they can not earn high profits in trading.

  • +1 1

Share this post


Link to post
Share on other sites

Now to many people, companies, institution, and bank working in Crypto project. Soo many projects are failed but if the project is good than definitely get profit.

Share this post


Link to post
Share on other sites

I think the concept of crypto and banks are contradicts to each other that's why there's a lot of crypto projects are failed. They must create a unique digital currency that might fight to cryptocurrency.

  • +3 1

Share this post


Link to post
Share on other sites

Yes, many crypto projects actually decide to launch a system through banking and it fails. In fact, if we use the crypto currency properly, then all countries will be able to accept it legally.  And through the bank we can deal with the currency, and we need to get the system of currency started through banking and it must be launched and one day we can see success in all countries.

  • +3 1

Share this post


Link to post
Share on other sites

I heard most banks from Japan will adopt ripple for payment system. I think banks from another country should open for Blockchain technology like bank in japanese did

Share this post


Link to post
Share on other sites
5 hours ago, sampa44 said:
By February 2019, there were more than 50 engineers working on the project. Confirmation that Facebook ... He called on the central bank governors of the Group of Seven to prepare a report on Facebook's plans. Bank of England ...
 

This will not have to wait long and then Libra will be legal in the field of cryptocurrencies. Then we can see the future of the Facebook project, and Zuckerberg will do it. 

  • +1 2

Share this post


Link to post
Share on other sites

Yes, since the decision to launch cryptocurrencies through banking in different countries could not be implemented.  In that case, I think that through banking, cryptocurrencies will be a very good technology because in this project everyone can make currency transactions very easily and can handle the currency properly and legitimately.  .

  • +2 1

Share this post


Link to post
Share on other sites

Not all the crypto projects are successful, there has some crypto projects are useless because there have lack of paticipants or users, i hope this bank will be successful for their crypto projects so that many people will used it.

Share this post


Link to post
Share on other sites

In my thoughts that every bank should launch their own crypto currency and it will be very beneficial to them because they will get taxes and transfer fees etc and give loan also in crypto currency 

Share this post


Link to post
Share on other sites

I think the Banks are obliged to implement their projects based on cryptocurrency because the people are not interested more than before the creation of Bitcoin, now all people they are investing or trading with Bitcoin not investing a lot on Banks.


 

468x60.gif.2f5be3d8fc5caf83e400a2cd4d4ca105.gif

Share this post


Link to post
Share on other sites
13 hours ago, nicolas1234789 said:

Many institution ( bank ) release crypto currency projects and fail. Bank release project as tester how people respond if bank take part in crypto world but when fail always involve currency in big value. I suggest they learn how to release project from developer, is my advice wrong or there's another option for make successful crypto project?

What are these projects? Please share this information completely. What I know is someone wants to make a crypto bank. 


 BTC: 3PmWotSGNLYiQtQgmRctqAAWVMtAayf282

Share this post


Link to post
Share on other sites
1 hour ago, babakashi2020 said:

I think banks could make it even easier if they could integrate into crypto and just sort out a way to keep their customers before crypto makes them irrelevant

well they lost their chance to work with crypto and now they are in war with it and they all know their are the losing side as they know the future is for crypto.

Share this post


Link to post
Share on other sites

Banks and Crypto are different things. So I think the Bank projects that always fail are likely that they don't understand this element of difference. Maybe they should make something different.

Share this post


Link to post
Share on other sites

From what has been seen before that it is true that many projects created by banks for digital currencies in their participation always fail in large numbers. The best option is to create a special cryptocurrency bank, don't confuse it with fiat.

Share this post


Link to post
Share on other sites

Certainly, the currencies of banks do not achieve any success because they are central and subject to the control of the bank and people will return at the mercy of banks and this is what almost everyone does not agree with.


THINK POSITIVE

Share this post


Link to post
Share on other sites

In the start of crypto currency the banking sector reject its. Its did not know that crypto currency how the change of banking life of the world. Now you can check that the world bank sector create own new project on the pattern of Block chain technologies.

This is called crypto success.

Share this post


Link to post
Share on other sites

in our country no bank support crypto as well because our country doesn't support bitcoin and marked bitcoin as illegal.

so its is not available in our country 

Share this post


Link to post
Share on other sites

Even if such a project survives, these coins will be comparable to the shares of companies. And the price of such coins will depend on the success of the Bank.

Share this post


Link to post
Share on other sites

yes most of them had fail. i dont know why but if one project have a good idea and a good product thy will have a successful business and good future.

Share this post


Link to post
Share on other sites

banking institutions are very well organized organizations and they can be well planned and well prepared to follow a certain road , how ever anything that threatens the traditional banking institutions ,then that becomes really something to be confronted or if not to be thought of,look at it this way there is a good chance that bank made it good to start their own and the most backed crypto currency by the banks is the XRP, so thats is what makes it easy for so many banks to react with safety thats why I can tell that the best way to plan for the future is move in with XRP.

Share this post


Link to post
Share on other sites

People are not involved in working on crypto because the banks failed to give them proper advice, and in business, they do not get their proper profit so the bank is not involved with the crypto project.

  • +1 2

Share this post


Link to post
Share on other sites
On 1/12/2020 at 9:35 AM, nicolas1234789 said:

Many institution ( bank ) release crypto currency projects and fail. Bank release project as tester how people respond if bank take part in crypto world but when fail always involve currency in big value. I suggest they learn how to release project from developer, is my advice wrong or there's another option for make successful crypto project?

One of the top banks in my country recently launch a stable coin that is back my our local currency. As of now its still on testing mode and everyone is looking forward for the exchange listing for a bank backed stable coin.


spacer.png

Share this post


Link to post
Share on other sites
On 1/12/2020 at 6:35 AM, nicolas1234789 said:

Many institution ( bank ) release crypto currency projects and fail. Bank release project as tester how people respond if bank take part in crypto world but when fail always involve currency in big value. I suggest they learn how to release project from developer, is my advice wrong or there's another option for make successful crypto project?

Bank projects are nit successful because they lake the vision of crypto currency they always made stable coin to control the assets.When we have fiat then what is the purpose of stable coin.They have to make decentralise coin to get more success.

Share this post


Link to post
Share on other sites

I think it is actually good that banks are keeping up with the technology of the cryptocurrency world in using, because we all know that the cryptocurrency world uses blockchain, and that system is very reliable and safe to use.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...