Post
Topic
Board Bitcoin Discussion
Re: Banks will always be against cryptocurrencies?
by
BlackRacerX
on 19/10/2018, 02:39:07 UTC
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

I don't think banks will forever deny the existence of cryptocurrencies. There will come a time that these banks will now accept fiat money conversion to cryptocurrency. Maybe today's bank technology is not yet ready nor advanced to accept such innovative capability. Right now, let's stick to what we know.