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The Banks-Crypto Relationship


slavaan

Featured Comment

Posted

The relationship between banks and cryptocurrencies has become pretty interesting over the past year. While in the past banks had been unequivocally against crypto, now things are a little different.

https://all-stocks.net/featured-big-banks-and-cryptocurrencies-asking-turkeys-to-vote-for-christmas/

Today, IBM builds crypto stablecoins for six different banks and JP Morgan has already launched its own cryptocurrency (JPM Coin). So it certainly appears that the anti-crypto stance is slowly changing. What do you think?
 

Posted

o.O i feel like a broken record, since so many topics about this, but ill say it again.. no thank you.. crypto needs to remain uncontrolled by banks.. once banks gets their grip and power over crypto, its pretty much going back to being milked by greedy corporation owned banks, which sole mission is profit no matter what.. giving a ridiculous fee to those legitimitely thats in a bad spot and short on money.. dont make any sense..not dealing with banks is what attracted me to crypto.. i hope this never ever happens..

Posted

I think  most of the big banks in the world are trying to figure out how to not lose out to cryptocurrency payment systems while at the same time trying to maintain their status quo as the backbone of financial system. They definitely would be interested if they are able to make money through the cryptocurrency market too.

  • 2 weeks later...
Posted

Banks are a corrupt entity ( not all banks but some of them ) if they can't control the money of the people then they get furious and they do some random things just to try to cease control over bitcoin. 

  • 2 weeks later...
Posted

I thought this category was for discussion about bitcoin specifically. And really you should give some kind of summary to the link and use the link as reference, instead of using it to write for you. 

Posted

In my country, it seems like the banks are neutral towards crypto, but seem to be extremely interested in the blockchain technology. Banks are spending lots of money and resources researching blockchain and its potential uses.

Posted
13 hours ago, williamshennie9 said:

In my country, it seems like the banks are neutral towards crypto, but seem to be extremely interested in the blockchain technology. Banks are spending lots of money and resources researching blockchain and its potential uses.

Same here! some banks do not care about crypto(i think) while some would even have their own btc atm soon.

We will know in the future if crypto will be fully accepted (or overcome) by banks and adapt to its volatile nature.

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