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Author Topic: Apple, Amazon and the collapse of all Banks  (Read 355 times)
aysg76
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April 01, 2021, 03:03:19 PM
 #41

1) Apple will fall in love with bitcoin.

2) Amazon will fall in love with Apple

3) All banks will collapse


With major corporations accepting Bitcoin like Tesla, Microsoft,Paypal and market cap crossing $1 trillion in period of 12 years many others aslo want to adapt with the change and accept decentralise finance "Bitcoin".But we need to understand one thing that fiat cannot be easily replaced with digital cryptos because it's the legal tender money and used for intra day purchase of all the items and easily tradable.Centeral banks are aslo realising the need to built their CBDC to provide online services to users unlike NetBanking which can prove another boost to banking system.This debate is never ending and we can't say who will stay forever because change is key to success.

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Ozero
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April 01, 2021, 05:05:13 PM
 #42

It's too simplistic to believe that banks are going to collapse anytime soon, that's not the case. They're adapting and implementing bitcoin within their old legacy system: they basically tapped into our world and now they're leveraging it to streamline their revenue models. Don't you see it?
I agree that, those that will not adapt, will eventually fade away and collapse.
Banks don't even need to adapt too much. The banking system is under the protection of states and therefore states will regulate social relations in such a way that banks will exist as long as the states themselves exist.
If it is profitable for banks to use cryptocurrency, they will do so.

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