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Alanaz
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November 14, 2021, 07:45:07 PM
 #101

Updates happen all the time and things like what you said may be replaced with newer ones in the future.
but for the bank that btc replaced I don't think something like this will happen.
although indeed btc will continue to increase and more and more adoption but things like this will not happen.
the bank will still exist and will always be there at any time I think because their position is still vital.

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November 14, 2021, 09:14:17 PM
 #102

The future is digital for sure and the mode of payment is going to be cryptocurrencies which will be accepted worldwide.
And banks are already trying to take this over crypto currencies, back in days when the news showed that bitcoin is banned in many countries and banks bought a chunk of it when the majority of people sold.
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November 15, 2021, 12:14:38 AM
 #103

Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.

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November 18, 2021, 08:36:14 AM
 #104

I think it's normal to feel intimidated by not feeling ready for change. I'm sure they will slowly adapt and accept change.
Bitcoin will not replace banks because the two systems are different. We still need Banks even in the future. it is impossible for a country to use bitcoins they cannot control to replace banks.
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November 18, 2021, 09:35:24 AM
 #105

Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.

That was totally wrong for me to say bitcoin will replace banks,banks are meant to accept bitcoin transaction it not too.
It's either government place rules and regulations to control bitcoin transactions rather than banned of cryptocurrency affairs.

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November 18, 2021, 12:10:05 PM
 #106

Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.

That was totally wrong for me to say bitcoin will replace banks,banks are meant to accept bitcoin transaction it not too.
It's either government place rules and regulations to control bitcoin transactions rather than banned of cryptocurrency affairs.
Yes and why need replacing ?why people keeps talking about Bitcoin or cryptocurrencies will replace banks? when banks can adopt crypto if they wanted so what is replacing to happen?

and also correct , putting regulations is the only thing that government need to do so all will take into table.

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November 18, 2021, 02:06:20 PM
 #107

or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
do you think so likewise ?
Just imagining or imagining I agree, who knows it could come true, could it be........

For me, I definitely think that there is only one Bitcoin and a bank, maybe with the current technology, crypto is rapidly growing into a bank, but still in fiat money exchange, but people can do the same thing as today, crypto is measured and can be exchanged in banks, maybe.

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November 18, 2021, 11:02:55 PM
 #108

need to know that bitcoin and bank systems are different, as well as others. I think they all have their advantages. With the existence of new technology and also new discoveries, it does not mean that old technology is also abandoned because each technology has its own advantages. although now the development of technology is growing rapidly but many people are not able to accept it well. I think it will be difficult even to wait for this to happen in the next few years.

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November 18, 2021, 11:26:36 PM
 #109

need to know that bitcoin and bank systems are different, as well as others. I think they all have their advantages. With the existence of new technology and also new discoveries, it does not mean that old technology is also abandoned because each technology has its own advantages. although now the development of technology is growing rapidly but many people are not able to accept it well. I think it will be difficult even to wait for this to happen in the next few years.
Some will lose their functions but some will retain and still exists. Banks and fiat money still have their purpose and value in the community that we can never think will vanish and replace by crypto and blockchain technology.  I'm for sure this will never happen and what we gonna see is adoption by the banks and they have to just for the sake of fulfilling the needs of the people and their old clients.


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November 19, 2021, 05:47:40 AM
 #110

I don't feel like those who always think badly about the future. I even want to make it a hope that later can come true, because everything will change over time, it is impossible for it to continue like this, I hereby agree to what is written for the future ..!

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Dewi Aries
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November 19, 2021, 06:04:33 AM
 #111

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
I don't think the "bitcoin replacing banks" will easily happen. For something that already take part in world for long time, wouldn't that easily replaced especially for not all people can reach. We know fiat even people who don't have technology can use it, and for bitcoin replacing bank, still need a very long journey.

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Ebede
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November 19, 2021, 07:38:46 AM
 #112

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
I don't think the "bitcoin replacing banks" will easily happen. For something that already take part in world for long time, wouldn't that easily replaced especially for not all people can reach. We know fiat even people who don't have technology can use it, and for bitcoin replacing bank, still need a very long journey.
The world is moving digitally it's possible that bitcoin can replace bank in time coming because bitcoin is like global currency which no country today don't know about it, and we should know that anything prediction made because of bitcoin will come to the passed because it has take over the countries

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November 19, 2021, 08:17:13 AM
 #113

In terms of inflation in currencies that is happening at this time, actually many governments - BANK - already know some of these weaknesses and that makes them not touch the realm of blockchain [bitcoin] because the technology carried by bitcoin is not in line with bank policies that can fully regulate money in country

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November 19, 2021, 08:24:03 AM
 #114

In terms of inflation in currencies that is happening at this time, actually many governments - BANK - already know some of these weaknesses and that makes them not touch the realm of blockchain [bitcoin] because the technology carried by bitcoin is not in line with bank policies that can fully regulate money in country
while they are doing that people are keeping to find and learn about alternatives and in this bitcoin and crypto are entering peoples lives.
from no knowledge to become crypto living humans, the popularity of crypto is increasing day by day and this will come to the extent that people will seek for this than using fiat so the future still lies in crypto and not the centralization of fiat government.









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haasanjui
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November 20, 2021, 02:36:41 PM
 #115

The future of Crypto is bright. Because there are many succesful blockchains are introduced jn Crypto and its also been asset of payment and many of countries make it legal and it is Success. Which shows that the future is bright

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