Bitcoin Forum
May 24, 2024, 07:11:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: How are you sure that Bitcoin will be operated in the bank in the future?  (Read 1790 times)
LegendOF45
Sr. Member
****
Offline Offline

Activity: 518
Merit: 250



View Profile
July 14, 2017, 05:18:31 PM
 #61

I am not sure, this is a very interesting thought, when bitcoin transactions only need a fast time and without the help of anyone, then why do we still need a bank? I think the current bitcoin system does not need to use a bank and should be.
An1ks
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
July 14, 2017, 06:02:03 PM
 #62

You can't be sure if banks will be operated in the bank. But you can be pretty sure, that blockchain will compete with banking system. I think we will see some BTC Banks soon.
cramcram21
Sr. Member
****
Offline Offline

Activity: 854
Merit: 251


★777Coin.com★ Fun BTC Casino!


View Profile
July 14, 2017, 06:05:10 PM
 #63

we need banks so we can buy our bitcoin but not to control bitcoin  Grin
Definitely true and I really agree with you ,
We need banks to buy and sell our coin ,
But I just hope that they won't get greedy and dream of controlling it.

Yakamoto
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007


View Profile
July 14, 2017, 06:16:16 PM
 #64

What is the essence of banking system since 2009 in the advent of cryptocurrency? It is well known that the globally has new invention which has manifested in our economic systems. Cryptocurrency has became indispensable in this world of humanity, which can be advisable for banks to adhere to this idea so that it could later become visible escrow members.
There is no real need for banks to be using Bitcoin, much in the same way that Bitcoin doesn't need fiat under the right economic circumstances. People can use their own wallets as a means of secure storage should they need something like that for their own use. Banks can operate as mediums for international trade, and those international mediums can use Bitcoin in the way you're describing.
Mpamaegbu
Legendary
*
Offline Offline

Activity: 2702
Merit: 1219


Once a man, twice a child!


View Profile
July 15, 2017, 01:16:07 PM
 #65

What is the essence of banking system since 2009 in the advent of cryptocurrency? It is well known that the globally has new invention which has manifested in our economic systems. Cryptocurrency has became indispensable in this world of humanity, which can be advisable for banks to adhere to this idea so that it could later become visible escrow members.

I am not sure Bitcoin will be operated in the banks in the future. However, I know banks will run their services through some of these cryptocurrencies, majorly with Bitcoin, in the near future. The banks will expectedly run Bitcoin related services too and make money off transactions from the blockchain. As for banks serving as escrows? That would be a bad idea and development considering where the banks have got us so far with their shambolic services.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
foxbat
Sr. Member
****
Offline Offline

Activity: 484
Merit: 250



View Profile
July 15, 2017, 03:49:39 PM
 #66

We already trusted our banks as an escrow, and look where that led us... What you're saying is impractical and would essentially be going back in time to what we had before Bitcoin.
Currently, bitcoin is not accepted by banks. But government banks are not banned and the law does not interfere. But with the current financial mobilization, currency to the throne and valuable to gold or can be converted into cash in the future BCT is acceptable bank.
olushakes
Sr. Member
****
Offline Offline

Activity: 476
Merit: 254


View Profile
July 15, 2017, 03:53:25 PM
 #67

What is the essence of banking system since 2009 in the advent of cryptocurrency? It is well known that the globally has new invention which has manifested in our economic systems. Cryptocurrency has became indispensable in this world of humanity, which can be advisable for banks to adhere to this idea so that it could later become visible escrow members.

The banking sector has equally achieved some advancement from 2009 till date and this has not stops so I don't see them not tapping into opportunities offered by bitcoin since afterall, we all still need the bank. In as much as most people in the crypto world don't trust the bank, that does not remove the fact that they have been more than helpful in ensuring the news and trade is spreading as fast as possible in which if they ask for more share of the cake, there is nothing in doing that.
elisabetheva
Full Member
***
Offline Offline

Activity: 1708
Merit: 105



View Profile
July 15, 2017, 06:31:19 PM
 #68

Maybe the form of operation is not the same as the bank as usual, maybe its form is only transaction supervision only
eaLiTy
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 911

Have Fun )@@( Stay Safe


View Profile
July 15, 2017, 09:28:18 PM
 #69

Why do we need banks to operate it really does not make any sense,i am sure you really do not understand the concept of bitcoin,the possibility to keep millions of dollars in you own hands without much of a worry and without the help of a third person,you control your own money and that is the reason everyone is interested in bitcoin.
Cocobrayy
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile
July 15, 2017, 09:35:51 PM
 #70

I'm sure Bitcoin will be operated in the bank in the future because bitcoin makes it easy for me to transact in selling or buying online and others.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!