Is cryptocurrency a threat to the financial sector?

[Merry Cherry 670]

No my friend i don't think so that cryptocurrency is a threat to the the financial sector but i think so that cryptoworld makes easy most of things because of its technology and actually cryptocurrency or cryptoworld always helps financially because most of fhe people are working here and earning and as well as learning about crypto. 

[Saberali 530]

Of course not!  Cryptocurrency is a very important thing for the financial sector, if you work in cryptocurrency for the financial sector you can earn good money, and it may be good for you, but it will never worry.

[Shurerym 210]

There are some difficulties in adoption of new concepts like cryptocurrency in the financial sector. Because there is not much awareness among the people regarding them. Cryptocurrency have a solution to lot of the financial problems nowadays that people face especially during international transactions.

[White3319 463]

I think that banks should not fear decentralized currencies, but rather they should be supported and adopted as cryptocurrencies have achieved great success in addition to the fact that the fees on them are very low.

[sally.azzam 313]

Well in my country, too, there is no bank that supports transactions in cryptocurrencies. It is sad that they are not trying to take advantage of all these features of encryption. I think that our people are able to change their economic reality with cryptocurrencies, but the government must accept that.

[Johnii 256]

No cryptocurrency is not threat two financial sectors or bank. But banks are afraid this technology will take their place and no one will use bank.  But it is false thinking.  I think the cryptocurrency will aid the financial sectors with its benefits. 

[Claria 401]

Cryptocurrency is not a threat but if is called a threat them the ways and manners the benefit of digital currency is helping those participating and investing in it to them is not a threat.

[Sama 91]

In my opinion it's a good to accept bitcoin because it's very help for our companys for future we can it has some losses of banks funds because everyone would be making financial work from there bitcoin's by sitting at home.

[Ramossss 963]

I think they are right in their concerns due to their lack of knowledge of cryptocurrencies and their belief that they pose a threat to the national currency and the stability of the country's economy, but these ideas are wrong and cryptocurrencies can be very useful to the country in terms of providing job opportunities and in addition to increasing financial transfers between citizens.

[Mira1992 314]

My friend, I think that central banks and countries will continue to reject the idea of cryptocurrencies due to their inability to control them until they are finally forced to accept them because of their great popularity and they will create their own central cryptocurrencies.

[almayuki9 200]

It is certainly not a threat to the financial sector, but everyone is tired of the banks ’control over their transactions and the fact that your transactions are visible by a person or group of people is really annoying and this is what the central policy of the banks is. She considers crypto a threat to her because she knows that it is better and people will want it more than fiat currencies for its benefits and features.

[galb za 416]

I think that there is such a thing as mediation in countries whose banks do not deal and do not accept cryptocurrencies. This mediation ensures the sale and purchase of cryptocurrencies among the people of this country safely for a small percentage, but I prefer buying or depositing from banks, it is through a Visa Card.

[dlal88 725]

Dear that the encrypted currency does not cause a threat to the financial sector, as the banks fear the encrypted currencies and they want a stable system such as the Fiat system to control the funds and complete information about the banks. Also, there are many possibilities between encryption and encrypted currencies. The encrypted currency is a technique that can reduce or even erase bank functions

[Nazeer Ch 25]

The financial sector is not a threat, but can support the financial sector. It allows financial institutions to facilitate their complex activities. If the worldwide adoption of cryptocurrency is to assist the financial industries and to substitute all conventional payment systems