Post
Topic
Board Economics
Re: Will banks go on extinction if they do not adopt cryptocurrencies?
by
justdimin
on 05/05/2025, 12:33:09 UTC
Most likely what Eric Trump said could have happened, at this time the bank's revenue from crypto transactions reached 356.16%, meaning that every year the bank increased the transaction value of crypto assets to 556.53 trillion in the Fiat currency in my country.

We understand that bank credit is often jammed, many users are running, there are also difficult banks to get new customers, if the bank supports their crypto by sitting sweet money into the bank. Conversely if they are We understand that bank credit is often jammed, many users are running, there are also difficult banks to get new customers, if the bank supports their crypto by sitting sweet money into the bank. Conversely if they are.
Plus, that type of savings could mean a lot more capital for them. And having a capital is a huge benefit to any bank, they are run on capital and if they start accepting bitcoin for example that means a lot of people will put their bitcoin into banks, and that would be billions of dollars worth cash injection. They do not even have to use it, they could show that as collateral and still get so much.

This is why it is quite important to focus on how we could improve without a doubt, it has to be something that you can gain a lot of value from. We can definitely see a lot of rises in value for the longest time. Banks ALWAYS need more money, that is their entire lifeline, and having bitcoin accepted will be a very good addition for them and will be profitable.