How will the financial sector will be with crypto

[Zalaks007 543]

I think cryptocurrency will really help the financial sector in different ways by creating tighter security measures for them to creating a safest way to keep their transaction records. It will help them I'm combating scammers and make transactions faster.

[Maroua 1159]

Everyone is talking about the acquisition of the currency in the world, especially after the Corona virus, because many countries are beginning to think about making financial transactions with electronic money to facilitate people's lives, and I think this is one of the reasons for the acquisition of the cryptocurrency on the economic side.

[CryptoMaxim 3829]

On 10.05.2020 at 21:59, Shaza Ahmad said:

We are very far from the idea of cryptocurrencies taking over the financial world. Cryptocurrencies are a new form of assets and money and we should not consider that crypto will eliminate real currencies or vice versa.

You are right I also believe that cryptocurrencies will not affect the destruction of Fiat. These two financial systems can exist without harming each other.

[DreamStage 2105]

Well if governments accept it to be single currency then for sure everything will be just fine and accepted.

 

But as we know there are certain countries that wont everything for themselves to be centralized with their own centralized economies.

Which will then put such decentralized events with problems around it.

 

So i won't see that happening with an healthy environment.

[Calvinpriva 17296]

I believe when the financial sector will work together with crypto currencies it will be benefit for many people. The world economy will grow more and many people will be avoided with poverty.

[Virgil dijk 1431]

Well it will make the financial sector be more stronger, and also monetary transaction will become very fast , and and everyone will have full control of his assets.

[Laboni 755]

By investing in crypto we can improve our financial sector Even if the economy is hampered crypto will help us to improve the economy but only if the government of the country supports crypto This will increase the speed of crypto more quickly.

[Omar Ommeish 4872]

This will make cryptocurrencies popular with everyone, and anyone can receive their money through them, and this is easier for us.

[ETheHedgehog 3104]

it's going to take sometime for bitcoin and crypto to become part of the financial systems, but i think at that time it will become much more regulated than now

[DokAgsikap 145]

On 2/9/2020 at 2:28 AM, Heroshema said:

It will be new and modern .. the crypto payments systems go to new and new technology every day and every year so we can expect more creative things 

This year cryptocurrency catches the eye of many investors as what I can see, they are now interested on it, so the life of crypto will be longer and many opportunities will be in.

[koussai999 1986]

It is possible that a lot of concepts and a lot of things will change in the world and I think that the whole world will change a lot of things
But I think that the cryptocurrency system needs a lot of developments in order to rely on it

[CryptoLover21 0]

I think the financial sector of the whole world will be given to the people rather than the banks. People can easily transact amount from one place to another place very fast and in very low fees.

[Tine0313 3053]

Well innovation are improving day by day, i think when times that crypto has been adopted in many aspects of financial sectors, everyone could earn it and the transaction fees will be lower so if ever happen that, we will earn more profits.

[Trader21 1199]

Blockchain technology gives our world a great opportunity to use faster transaction and fewer fees than the method which we used. But it seems it needs a bit more time for financial sector adopt cryptocurrencies and also other people who don't know any about cryptocurrency. But no doubt it would be exaggeration if l didn't say that financial sectors just started to take advantage from this world. 

[Mcd0d0 5882]

On 6/7/2020 at 12:31 PM, Tine0313 said:

Well innovation are improving day by day, i think when times that crypto has been adopted in many aspects of financial sectors,

I will agree with this mate, because many people or even country are starting adopting this cryptocurrency little by little and they know that cryptocurrency has a big impact for many people by helping them to do some trading and holding, i hope this will be adopted by many countries.

[TimopheyKa 3900]

I think it's good enough. Because, cryptocurrency actively promotes money, any purchases. And that is, it works in such a way that you can raise the market through your actions - it's cool! It seems to me that many States should develop cryptocurrency, because it can bring them profit.

[malik6314193 5449]

First of all it is not happening in next few years. And if it happens then all financial system will not convert on crypto currencies. There will be little part in financial system of world. 

[Cryptomint 433]

Not go to this only if you see the transactions fee only this can give the financial sector more profit. And if you go further so it is only profit...

[Onden 2098]

In my opinion it will be difficult if cryptocurrency takes over the existing currency, because existing currencies such as fiat are already regulated in the financial system, if crypto enters and wants to replace it I think these regulations can prohibit it. Crypto can only be an alternative currency after fiat.

[cryptovlek 2597]

I don't think this will happen. Which crypto will takeover? Ethereum or Litecoin? And take over what all the national currencies? You are wrong, this will not happen. They will keep being used and there will be a currency that the internet will use but this will not change anything.

[Fixfin 2569]

The financial sector will not stop using fiat if this is how you are making an argument here as cryptocurrencies do not have any support for this reason, take a look at Libra and the reactions of governments, nobody not even america wants this coin to succeed. If no government accepts cryptocurrencies then nobody will use them.

[Sykkuno 2887]

With cryptocurrencies everything will be better and with the decentralized finance it will be a financial revolution that will help everybody even the unbanked and the people cut off from traditional finance. This is the future where everybody is included and everybody has equal opportunities.

[Irungu 4299]

I think efficiency is the key and the truth is we need to work hard for it, we need to work as hard and make sure that adoption and the truth is we need to really be sure about the same, the sector will only run efficiently because for that so we need to really check on that

[Mella 3680]

On 2/8/2020 at 7:15 PM, Casinoval said:

How do you think the financial sector of the world will be when crypto currency have finally taking over and how positive it will be for us, this having been really analyze by any one, so please leave your comments.

I am know it will be so better than before. It will give us many positive and many opportunity that are now only rare and given already to the same that have good background, only an elite and a few it is. With crypto it will be about every one of us.

[Cryptic 0]

Since they are in a field of finance then I assumed that they know the opportunity that Crypto could bring us and the advantage of it financially, so I can say that they will acknowledge cryptocurrency. In my country our national bank already imposed rules and regulation regarding the cryptocurrency meaning it is legal now in my country and we the citizen don't need to worry of having a chance to confine in prison that some people in some country have experience because in their country crypto is illegal.