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Author Topic: "BTC Will do to banks what Email did to the postal industry"  (Read 1768 times)
nydiacaskey01
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March 13, 2017, 06:51:17 AM
 #41

Somewhat true but not exactly the same as to what happened with the postal industry that they almost became useless as companies nowadays hire their own messengers to send their own mails like a telco bill, bank statements instead of going through the usual post office at least that's what happened here in my country. But in the case of Banks and Bitcoin, Banks will be forced to develop or improve their services but Banks will not go away and will stay there as long as people needs other Bank services like loans, checking account and other financial services.

Face to face transaction is still the safest way to do business unlike going through online and use Bitcoin that you cannot trace the origin of the payer.
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