Post
Topic
Board Bitcoin Discussion
Re: The Relationship Between Cryptocurrency and Traditional Banking
by
CageMabok
on 02/02/2024, 21:25:49 UTC
Hello everyone a very good day you all.


So, let’s talk about this interesting duo: cryptocurrency and traditional banking. Some say traditional banks are threatened by crypto’s rise, while others think they’re starting to see the potential and hopping on the bandwagon. Either way, it’s a fascinating dynamic to watch unfold. What do you think? Are they destined for a happily ever after or is this just a temporary fling?

Let me know your thoughts on this.

About the rise of crypto, which has long been a topic of discourse and discussion among the public, has become very viral now so that some people think that the rise of crypto could be a serious threat to traditional banks at this time. But what I see in my place is that there are still many traditional banks that are still living as usual even though crypto development continues with more and more users every day.

This means that the impact on traditional banks is only about customers who are starting to be reluctant to keep money in their own bank accounts for a long time. Because they prefer to store it in the crypto space so that it can be more easily used when the owner wants to do something that can make it profitable. Whether it's through the market or through crypto projects that can promise more profits.