FowardtoVictory
Newbie
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Activity: 29
Merit: 0
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April 19, 2016, 06:37:37 AM |
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No because we need Fiat. Where do we sell out BTC to?
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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BlockEye
Legendary
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Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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April 19, 2016, 06:40:16 AM |
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That's far from happening since Banks are not for deposits of fiat but also for handling Payroll of big companies, Business Loans and more. OTher Banks are also connected to insurance like pre-need, life insurance, house insurance, business as well. Bitcoin can't do all that.
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GreenMatrix
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April 19, 2016, 06:42:39 AM |
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It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
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JesusHadAegis
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April 19, 2016, 06:59:34 AM |
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It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph. |
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bloom08
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April 19, 2016, 07:27:56 AM |
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btc cant make banks disappear ..
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maudevang
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April 19, 2016, 07:52:34 AM |
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It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph. Bitcoin will not make the banks disappear because as you can see you see that there are a lot of people that is using their banks and that is really important for them. But I hope that there will be more people that is using Bitcoin but if there will be a lot it cant make it disappear. |
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Zaun
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April 19, 2016, 08:19:59 AM |
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It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph. I think this could be possible but banks will never disappear because they simply have too much power. Most likely banks are also gonna start a coin by themselves and make something like the blockchain... |
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maxj57634
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April 19, 2016, 08:50:17 AM |
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It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph. I think this could be possible but banks will never disappear because they simply have too much power. Most likely banks are also gonna start a coin by themselves and make something like the blockchain... Yes banks have much power than can even make a country have a financial crisis. Banks and governments have the some ideology to control the people money against them. |
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Oscoda
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April 19, 2016, 09:02:53 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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April 19, 2016, 09:22:09 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen. I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me. |
BSV is not the real Bcash. Bcash is the real Bcash.
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arwin100
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April 19, 2016, 09:25:37 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen. I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me. Yeah i think it it will not happen also because banks have strong foundation for its existance banks have many investor and lenders on its hand And they earn big money in busines and they have huge contribute to the economy in the country were they originated whilr bitcoin is relying to banks so that we can use it and easy to cashout without banks bitcoin is useless and it will never grow. |
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bestluck
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April 19, 2016, 09:57:40 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen. I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me. I don't think that bitcoin is going to harm the economy of banks and government, it will benefit them if they adopt it, bitcoin is a benefiting currency and it will benefit everyone who will adopt it, I think in future they will create a way to adopt it and to run with it. |
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Yaupgitda
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April 19, 2016, 09:58:41 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen. I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me. I don't think that bitcoin is going to harm the economy of banks and government, it will benefit them if they adopt it, bitcoin is a benefiting currency and it will benefit everyone who will adopt it, I think in future they will create a way to adopt it and to run with it. That is my thoughts as well. Bitcoin or the underlying will cut the cost of most business. It will make them lots of profit. |
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ultimatesky
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April 19, 2016, 10:06:08 AM |
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The bitcoin can never achieve this, I think most likely even the opposite gonna happen and this is that banks are gonna let the bitcoin disappear.
Banks are already busy with making their own coins so I think that is already saying enough..
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jerowacik
Legendary
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Activity: 1162
Merit: 1000
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April 19, 2016, 10:06:16 AM |
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bitcoin bank can make disappear. bitcoin has enormous power. bitcoin could destroy the current bank business. most major roads bitcoin is to be recognized by the government and guaranteed by a financial institution that is reliable !!!
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MaritiJames3
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April 19, 2016, 10:36:26 AM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen. I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me. It can only disappear if Bitcoin is almost used by everyone and that will not happen soon as you can see you see that there are a lot of people is still using their money. So you have to first change that otherwise it will be not possible and I think it will only happen after some 10 years. |
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Mumbeeptind1963
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April 19, 2016, 10:48:09 AM |
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I think it is possible when the bank is bankcrupt..
Correct me if im wrong? Im accepting if im wrong. But you need to correct me.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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April 19, 2016, 10:53:09 AM |
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bitcoin bank can make disappear. bitcoin has enormous power. bitcoin could destroy the current bank business. most major roads bitcoin is to be recognized by the government and guaranteed by a financial institution that is reliable !!!
Any valid basis of this claims? |
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FowardtoVictory
Newbie
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Activity: 29
Merit: 0
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April 19, 2016, 05:23:36 PM |
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No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
I'm glad we're on the same page at least. Most of the time people sell their Bitcoin, so what do they sell it to without fiat....? |
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jamesl22
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April 19, 2016, 05:29:20 PM |
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Banks will never go anywhere, banks will never disappear, as banks are into its opeartions since ages and it enjoys huge market cap and people always need banks to transfer their bitcoin to their bank accounts.
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