Quote from: JohnBitCo on December 10, 2018, 06:02:00 PM

Quote from: Ozero on December 10, 2018, 05:47:25 PM

Quote from: BigBos on November 21, 2018, 05:43:38 AM

Quote from: spongegar on November 21, 2018, 04:05:03 AM

I think the one thing we should all look forward to is the stability of crypto currency. I mean more and more countries and companies are getting in on crypto currency so these money will bolster the price. Banks and other financial institutions are also looking into joining in on crypto currency but is waiting for regulators to go in first.

well, I think the development of fiat, and the bank will lead to cryptocurrency if its development on the internet. I have read a number of articles that are concerned with the development of fiat that are utilized by the blockchain, which is tantamount to combining fiat with crypto. well, whether it will be a development in the future, I think this will be a pretty good development.

Of course, banks will not use cryptocurrency until the state legalizes it and there will be no corresponding instructions for banks. I also think that in the future fiat and cryptocurrency will not only be forced to coexist with each other, but these types of currencies will be combined in various combinations to complement each other's capabilities. It will also be beneficial for cryptocurrency, which cannot replace the national money of states.

Banks should merge crypto currencies with their system. They cannot just ignore them as digital currencies are here to stay. So it is better to develop a system in which both fiat and crypto should be regulated. This is the only way the banks will survive otherwise crypto will overcome fiat currency in the near future.

Most banks are already operating with some form of digital currencies like the paypal. The banks choose centralization, one they can entirely manipulate to suit their interest. Cryptocurrency does not allow this. Maybe to avoid the conflict between decentralization of crypto and centralization of the banks, both must be allowed to coexist as separate financial platforms with each offering its unique services.