Post
Topic
Board Economics
Re: Banks against the crypto
by
Tylev
on 29/04/2019, 09:18:04 UTC
Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
With the advent of cryptocurrency, banks have nothing to fear. They do not even need to adapt. It will be profitable for them to exchange between a cryptocurrency and a common currency and have their own commissions from it. They will provide other services in cryptocurrency only if it is economically advantageous to them. Cryptocurrency banks can not significantly harm. She will take a bit of profit from the banks, as some people will use the cryptocurrency in some cases. However, the cryptocurrency can not perform the functions of banks. The powers of banks are much broader and there is work for them.