Post
Topic
Board Bitcoin Discussion
Re: Banking will still be significant until cryptocurrencies can "stand on their own
by
Leyss
on 30/05/2018, 19:10:21 UTC
for the moment the Bank is still standing upright, then how is the continuation of the bank if Crypto already stand alone and in the public know so that in use fully and all countries wear it. is there going to be a temporary panic in the financial world? .... and all the banks in every country collapse is that what will happen hopefully there is no market panic
Conversations that the crypto currency can destroy the banking system is a myth. Crypto currency is even incapable of influencing the banking system. Bankers are afraid of crypto currency just because it takes away some of their clients and therefore they lose some of their profits. The banking system itself is not afraid of crypto currency. The banking system in the future will fully work with the crypto currency after the states recognize their legitimacy.