Quote from: Sandra99 on February 07, 2023, 05:54:14 AM

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The discussion around this topic can lead to interesting perspectives and debates on the future of cryptocurrencies and their interaction with traditional financial systems.

Talking about perspectives on the future of cryptocurrencies and interactions with traditional finance, of course, will never be separated from the issue of regulation. Every government has its own regulatory system. Some are starting to open their doors to crypto and many are even banning it.

Cryptocurrency has the potential to help modernize the traditional financial system by introducing blockchain technology that has better security and transparency. However, there are still some things to solve before cryptocurrencies can be truly integrated into the traditional financial system, such as regulatory issues, infrastructure, and public acceptance. In the long run, cryptocurrencies might become an attractive alternative for people to make transactions and invest, as well as provide better financial freedom and privacy.

Quote from: Argoo on Today at 09:39:49 AM

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The current banking system will continue to exist because banks are part of the government.
Of course, everything is changing and the work of banks will be improved in the current changed conditions.

The bank system will still be a major part of it and cannot be replaced, Everyone still needs it.
Governments will continue to use the banking system because they can still be controlled, whereas cryptocurrencies cannot be controverted or decentralized,
which governments hate the Banking system

In the future, it is expected that cryptocurrencies and blockchain technology have the potential to help improve the traditional banking system.
The traditional financial system is often known to have problems such as inefficiency, high costs, and trust issues.
Cryptocurrencies and blockchain technology have the capability to overcome these problems by providing solutions that are more efficient, cheaper, and reliable.

However, there are still some things to consider such as regulation and infrastructure before these technologies can be widely used in the banking system.