Post
Topic
Board Economics
Re: Are Cryptobanks Future?
by
0t3p0t
on 08/04/2019, 23:19:08 UTC
Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen  the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
The question is who and who is even interested in the banks you’re talking about? I have not seen anyone that is interested in anything about Cryptocurrency banks.

When it comes to making use of Bitcoin or any cryptocurrencies, all you need is just your crypto wallet and nothing else, you don’t really need anything bank. There are different types of safe wallets that you can use to store you coins safely just like Trezor and the rest of them.
I think the people are interested with crypto banks depends on it really works either it is a centralized or decentralized bank that will take good care of our funds but to be honest we don't need them as the wallets we have are more secure than this kind of banks. We have the full control of our wallets that is why I think people will stay away from it but we also have to accept the fact that there are people who still have interests in using such cryptobanks.