Viewing a response to: @musing-threads/n887fhoz0
<a href="https://musing.io/q/giftedminds/fkjksc985"><b>View this question on Musing.io</b></a>
| author | giftedminds |
|---|---|
| permlink | fkjksc985 |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Crypto","Banks"],"appCategory":"Crypto","appTitle":"How Will Conventional Banks Survive In the Midst of Cryptocurrencies?","appBody":"","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}" |
| created | 2018-10-20 21:51:48 |
| last_update | 2018-10-20 21:51:48 |
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<a href="https://musing.io/q/giftedminds/fkjksc985">View this answer on Musing.io</a>
| author | anonsteve |
|---|---|
| permlink | fk86p5wkq |
| category | musing-threads |
| json_metadata | "{"app":"musing/1.1","appTags":["Crypto","Banks"],"appCategory":"Crypto","appTitle":"How Will Conventional Banks Survive In the Midst of Cryptocurrencies?","appBody":"<p>Commercial banks exist to issue loans, transmit payments and offer accounts. Even if transmitting payments and offering custodial services such as accounts will diminish in case cryptocurrencies become mainstream, issuing loans requires expertise that banks have. Banking has already changed quite a bit in recent decades with internet banking. The number of bank tellers has been cut down drastically in recent decades but the need for loan officers to negotiate the conditions of business loans and mortgages has remained and will remain.</p>","appDepth":2,"appParentPermlink":"fkjksc985","appParentAuthor":"giftedminds","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-12-02 12:58:27 |
| last_update | 2018-12-02 12:58:27 |
| depth | 2 |
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| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Musing Posts" |
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| author_curate_reward | "" |
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| funtraveller | 0 | 10,165,117,034 | 1% | ||
| reazuliqbal | 0 | 3,094,144,423 | 3% | ||
| musing | 0 | 1,962,123,310,618 | 5% | ||
| mixr | 0 | 736,319,278 | 8% |
<a href="https://musing.io/q/giftedminds/fkjksc985">View this answer on Musing.io</a>
| author | empress-eremmy |
|---|---|
| permlink | f35hncl8x |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Crypto","Banks"],"appCategory":"Crypto","appTitle":"How Will Conventional Banks Survive In the Midst of Cryptocurrencies?","appBody":"<p>If the technology of cryptos eventually mainstream and are massively adopted like many pundits envisage, then it will pose a threat to conventional banking. </p><p>However, the banks will have more than sufficient time and enough capital to adapt and adjust to the crypto space, ensuring that they remain relevant in the face of chaging financial transactional systems. </p><p>We already see this happening as more banks are exploring the digital space and principle behind the blockchain indepth.</p><p>Last year, Swiss banking giant UBS and 10 other companies began talks on a plan to use the technical idea behind bitcoin—a distributed ledger called a blockchain—for their own digital currency (paywall). This could show the way for the world’s biggest central banks to do the same.</p>","appDepth":2,"appParentPermlink":"fkjksc985","appParentAuthor":"giftedminds","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-20 22:46:06 |
| last_update | 2018-10-20 22:46:06 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-10-27 22:46:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.678 HBD |
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| root_title | "Musing Posts" |
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| author_curate_reward | "" |
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|---|---|---|---|---|---|
| musing | 0 | 761,036,317,347 | 5% |
<a href="https://musing.io/q/giftedminds/fkjksc985">View this answer on Musing.io</a>
| author | jadyclem |
|---|---|
| permlink | fke9ujldx |
| category | musing-threads |
| json_metadata | "{"app":"Musing","appTags":["Crypto","Banks"],"appCategory":"Crypto","appTitle":"How Will Conventional Banks Survive In the Midst of Cryptocurrencies?","appBody":"<p>Cryptocurrencies have it's place in the global economy and fiat currency have it's place. Fiat currency is what the world is already used to and have more stability, liquidity and acceptance than cryptos. And as long as fiat currency is still very relevant in our world,, banks will always be useful to the world</p><p>Cryptocurrencies can't make banks lose it's place or it's values. Should cryptos get more popular, stable, liquid and high economic value, bank will simply join the crypto trend</p><p>So whether cryptocurrency get more popular or not, banks will always be useful</p>","appDepth":2,"appParentPermlink":"fkjksc985","appParentAuthor":"giftedminds","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2018-10-20 22:16:51 |
| last_update | 2018-10-20 22:16:51 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-10-27 22:16:51 |
| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Musing Posts" |
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| percent_hbd | 10,000 |
| post_id | 73,713,690 |
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| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| musing | 0 | 446,156,598,130 | 3% |
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