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Author Topic: Can Bitcoin make Banks disappear?  (Read 427559 times)
CryptoBjorn
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April 14, 2016, 06:06:52 PM
 #1141

I do not think this is possible because the banks are just too big compared with the bitcoin, the bitcoin is almost nothing to be honest.
Maybe there is a possibility but I think we are right now far from that also.
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BTCBinary (OP)
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April 14, 2016, 09:32:29 PM
 #1142

In my opinion Banks will never disappear. THey will have to transform and to arrange a new form of acting. Bitcoin won't make Banks dissapear but it will make them transform.
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April 14, 2016, 09:38:26 PM
 #1143

Not everyone wants to be their own bank, all the banks will not disappear, some will.

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April 14, 2016, 09:44:07 PM
 #1144

In my opinion Banks will never disappear. THey will have to transform and to arrange a new form of acting. Bitcoin won't make Banks dissapear but it will make them transform.

Banks are into the world from thousands of years and do you think a new born baby can make it disappear, and if you think like that then you are really kidding me..lol...
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April 14, 2016, 10:57:56 PM
 #1145

I think no.because bitcoin are not that very well use to make bank disappear .maybe to god if make a banks of bitcoins .there are some exchange in europe bitcoins to cash and there's an ATM machine also of bitcoins there.


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April 14, 2016, 11:01:32 PM
 #1146

I think no.because bitcoin are not that very well use to make bank disappear .maybe to god if make a banks of bitcoins .there are some exchange in europe bitcoins to cash and there's an ATM machine also of bitcoins there.

Bitcoin ATM's has started to develop but that is not the scenario in each and every country, it will take great efforts to make bitcoin popular in developing countries.
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April 15, 2016, 12:20:16 AM
 #1147

In my opinion Banks will never disappear. THey will have to transform and to arrange a new form of acting. Bitcoin won't make Banks dissapear but it will make them transform.
that is i was talking about ,  they will just transform  they are just vaults wallets, they just need to change their currency and its done , when a person is carrying he is wallet is not "some kind of bank"?
a place you can put your money and keep him safe

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April 15, 2016, 02:23:47 AM
 #1148

I think no.because bitcoin are not that very well use to make bank disappear .maybe to god if make a banks of bitcoins .there are some exchange in europe bitcoins to cash and there's an ATM machine also of bitcoins there.

Bitcoin ATM's has started to develop but that is not the scenario in each and every country, it will take great efforts to make bitcoin popular in developing countries.
Even though bitcoin ATM emerges in every country, they can't make banks to disappear. It takes long years for bitcoin ATM to be in all countries, but once it is established, both banks and bitcoin will survive, banks won't disappear even at that time, I think it is impossible.

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April 15, 2016, 02:50:03 AM
 #1149

Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.

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April 15, 2016, 04:43:24 AM
 #1150

Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
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April 15, 2016, 08:01:07 AM
 #1151

Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.
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April 18, 2016, 08:37:20 PM
 #1152

Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.
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April 18, 2016, 08:49:32 PM
 #1153

Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..
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April 19, 2016, 01:22:47 AM
 #1154

Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.

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April 19, 2016, 03:42:25 AM
 #1155

Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.

Let's just say that the bitcoin community got really big and some crazy politician made a law against the use of BTC. I'm pretty sure bitcoin can not be affected by laws since you may remain untraceable even if you use bitcoins. Roll Eyes The whole wallet address is encrypted and you can use VPN as well just to make sure the government can not chase you.


Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..


There are some people though who are too close-minded/innocent when it comes to computer stuffs. So bitcoin can only invade the bank companies if they will create coins for 1btc, 1mbtc, 1ubtc.

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April 19, 2016, 03:53:33 AM
 #1156

Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.

Let's just say that the bitcoin community got really big and some crazy politician made a law against the use of BTC. I'm pretty sure bitcoin can not be affected by laws since you may remain untraceable even if you use bitcoins. Roll Eyes The whole wallet address is encrypted and you can use VPN as well just to make sure the government can not chase you.


Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..


There are some people though who are too close-minded/innocent when it comes to computer stuffs. So bitcoin can only invade the bank companies if they will create coins for 1btc, 1mbtc, 1ubtc.
There seems to be a large number of people would be resistant when it comes to something like Bitcoin anyways, not a lot of people think it is a good idea to use an anonymous digital currency because "illegal things" and "criminals" and the same old re-hashed information. Of course, nothing like that EVER happens with the USD...
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April 19, 2016, 03:55:25 AM
 #1157

Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.
I think the government will never be able to kill bitcoin. bitcoin be on the internet and nothing could be intervened or close bitcoin.
so bitcoin still have the possibility to make the bank disappear Cheesy


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April 19, 2016, 04:01:20 AM
 #1158

will not. I do not think bitcoin
could be like that because the bank
is very important for the world
economy

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April 19, 2016, 04:33:07 AM
 #1159

will not. I do not think bitcoin
could be like that because the bank
is very important for the world
economy

And the government has some connection to some big banks thats why they wont let banks disappear when it comes to bitcoin.
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April 19, 2016, 06:23:41 AM
 #1160

There seems to be a large number of people would be resistant when it comes to something like Bitcoin anyways, not a lot of people think it is a good idea to use an anonymous digital currency because "illegal things" and "criminals" and the same old re-hashed information. Of course, nothing like that EVER happens with the USD...

So they want the use of bitcoin not anonymous anymore? If that happens, then bitcoin will be just another currency like dollars. It will lose it essence and the very thing that is good about it. Bitcoin wallet will then be just like Paypal accounts that has a reversible option and users will be traceable. The bitcoin community will not agree on that and maybe just ditch bitcoin if that happens.

On a side note, we can't control the people in darknet using bitcoins as most of them are untraceable.

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