How will the financial sector will be with crypto

[Mercello Blyat 21]

In our opinion, in its current version, a cryptocurrency is a speculative instrument, and a collapse in its market value would be just a ripple across the financial services industry, still too small to disturb stability or affect the creditworthiness of banks we rate.
 

[Khancrypto 28]

The time is near when bitcoin will all currencies and will enter to the administrations sector as well. Everyone will find their Salary in cryptocurrency and that time is far 

[Urwah Shaikh 6]

On 2/9/2020 at 1:05 AM, Emran mollik said:

Crypto currencies is now trying to capture Market. As the giant countries like USA, Japan, China, Korea, UAE etc are giving some space to crypto to be exist and adopted worldwide.

I don't know how financial sector will be with cryptocurrency because i am new here and started working on it last week. I think if cryptocurrency become legal then it has possibility to gain more value. 

[lifelline1262 15]

If cryptocurrency should finally taking over, then there will be a strict regulations of cryptocurrency which might make it hard for us to earn much

[Tahsinul12 71]

Financial sectors will be good with cryptocurrency because  the advantage are more than disadvantage.... The fees will be less... Transaction will be held more fast and correctly.. and through this economy will be developed

[Bikash3317 58]

This will change whole system of payment if crypto currency take lead in every country. People will lessly or likely use master card or credit card they will pay through crypto payment system. Revolution will take place.

[SuperCrypto 7193]

The steady development in financial transactions has witnessed the emergence of new types of money, the purpose of which is to facilitate operations and reduce waste of time and money. As a result, the so-called cryptocurrencies appeared. The latter, which gave a new look to financial transactions without the presence of monetary brokerage institutions.

[Urwah Shaikh 6]

On 2/9/2020 at 1:11 AM, JuyelRock said:

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 think financial sector is good for cryptocurrency and it get benefit to connected with financial sector. Members also get profit by income extra money as now. Whats your opinion guys? I wanted to know. 

[rekter 8129]

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.

Question is: How exactly is crypto taking over? They will use private blockchains and tell us that crypto has taken over even though it has nothing to do with it and at the same time they will keep in power, or they will use zero knowledge proof smart contracts for transactions. Either way, i don't think that it will be a public open blockchain, because people still want their secrets.

[George carry 24]

I think if all financial sector accept cryptocurrency and start using bit it would be  great beneficial. Because its very easy mode of transferring of currency through out the world. It's very cheap too

[iloveyobit 6599]

I believe that by that time, the economies of the major countries will collapse because their currencies have been replaced by the -bticoin that is decentralized, so that it will be fought by all means now.

[Abuarnabkhan 71]

This will rely upon how they will utilize bitcoin, I mean bitcoin by and large is useful for the budgetary framework and his motivation is this money related segment yet in the event that he was in an inappropriate hands, he will be futile and we won't perceive any enormous changes whatsoever, similar to the programmers now when they made it their installment strategy, they made bitcoin like a bad dream for some nations

[SanjidaAkterSanju 69]

Well. It has been mostly used for financial help. By transaction money we gets profit from it. By collecting money I can also invest them to get more profit.    

[m7md 0]

If the cryptocurrency spreads, the money will be greatly reduced and the cryptocurrency will be overwhelmed because it is easier and more effective

[cryptousd20 141]

If this is achieved, it will be a great benefit for us first to work on it freely and without restrictions and will make all the fragile economies strong and very supported by the cryptocurrencies investing in them and reaping profits so that this is very positive for the financial sector in general

[MrGeany 297]

i think they will be great because they are only interested in making money and profit and in crypto world you can make lots of money so i don't see any reason for them not to invest and make money in cryptos.

[MrGox 880]

Financial industry depend on the monetary system. So there is no way the crypto industry will heavily affect the crypto industry.

Edited March 14, 2020 by MrGox

[Opinder 1310]

On 2/8/2020 at 10:45 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.

In that case there would be low cost for maintaining our finance due to absence of third parties. Financial system would be fast than now because everything would be on one click. Also crypto market would be open for 24*7. There would be many changes which would make our life smooth.

[Babubu609 0]

On 3/20/2020 at 3:19 AM, Naca2 said:

I think cryptocurrency cannot take over fiat currencies, because cryptocurrency can only be an alternative currency, and as an investment asset, I think it's natural because every country must protect its currency.

Yea even the first has last for long time now and now cannot be executed the policy fixed are still constant to be change

[Jessica Karren 1242]

The whole financial system would became easier. The transaction become faster with low fees. We can able to purchase anything from anywhere at anytime. It can create positive impact on the economy of world as well.

[Laboni 755]

If we can solve financial problems with crypto, it is better for us. I can easily deal with every country in the world. I can buy everything I want. The crypto market will change a lot and with blockchain technology, it will be easier to replace relationships with banks.

[Treat1234 0]

Financial Sector will be still normal as before, there won't be change of policy and you can choose among the available financial payment you want to used

[jacker 1095]

I think there will be changes in the financial sector, and those are positive changes like fees or transaction speeds, better customer support systems, and more advanced technology. Promote development.

[Lover840 0]

On 2/8/2020 at 10:45 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.

Well in my opinion when the cryptocurrency will be accepted widely there will be more users of cryptocurrency. Transaction speed will became faster. Also the fee will became low. 

[guatazoo 7150]

On 2/8/2020 at 8:15 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.

If the cryptocurrency has taking all over the world, I think that the financial sectors fate will also required to be accepting cryptocurrencies and fiat currencies both.