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Senor.Bla
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August 14, 2016, 08:35:53 AM |
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i just had a thought. fractal reserve is one of the reasons banks make a shitload of money. since they can loan out more money then they have in their possession.
but with bitcoin this is not possible. not even a bank will be able to give you more money then they have. banks will fight that and they will find a way.
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"Governments are good at cutting off the heads of a centrally
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networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Sponsoredby15
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August 14, 2016, 10:27:21 AM |
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Hmm i think bitcoin can't make banks disappear why because banks are alive with digital currency more investors are using banks to hold their billion money. Investors also use banks a investment method because it will grow your money depends on your deposit i think 5% every year because here in my country you can earn by depositing on your bank.
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stadus
Legendary
 Offline
Activity: 3094
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Hhampuz for Campaign management
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August 16, 2016, 02:12:33 AM |
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It will not gonna happen I think, banks are too stable which are govern by the state and bitcoin is just new in terms of currency, in the side of legality bitcoin cannot beat banks so it is so hard, I think the two should exceed and will improve together.
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JeffBrad12
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August 16, 2016, 04:55:01 AM |
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I think that will not happen . That is not so good for the people.
I think that more people will use also normal banks. And they dont know how to use Bitcoin.
They aren't don't know bitcoin but they are already having the payment for themselves because a lot of people is not wanna to move into new things if he just already have things can make them feeling comfortable. |
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adriaymati58
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August 16, 2016, 12:42:37 PM |
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I doubt that will happen anytime soon, By the current condition of the world that might happen in the future but not in the current year, even minor chances of taking some of the banks roles will be enough.
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The best is yet to come!
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greBit
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August 16, 2016, 12:46:15 PM |
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I don't think banks are going anywhere, it will survive for sure and may be in future they will too start accepting bitcoins and both of them will coexist in future.
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pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
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August 16, 2016, 12:52:21 PM |
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Banks will have to either adapt or perish, there is no intermediate position in which they can find themselves safe. For now they are trying to delude themselves into thinking blockchain without bitcoin has any sort of relevance. Eventually Bitcoin will take over and they will need to get with the program.
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takingthis4
Sr. Member
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Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 16, 2016, 01:48:18 PM |
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I doubt that will happen anytime soon, By the current condition of the world that might happen in the future but not in the current year, even minor chances of taking some of the banks roles will be enough.
it will happen soon, believe me it is going to happen in like a decade or so, people are not into banks already and i hope less and less people will use it |
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boyptc
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August 16, 2016, 01:56:08 PM |
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Banks will have to either adapt or perish, there is no intermediate position in which they can find themselves safe. For now they are trying to delude themselves into thinking blockchain without bitcoin has any sort of relevance. Eventually Bitcoin will take over and they will need to get with the program.
I don't think that banks are going to perish, still the government is the one to decide if they are going to let bitcoin conquer against bank and going to make the banks disappear. Banks really do play an important role to a country and I don't think they are going to be affected that easily, it's either bitcoin is going to be prohibited or going to be adopted. |
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hope4ever
Newbie
Offline
Activity: 14
Merit: 0
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August 16, 2016, 02:43:07 PM |
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no i dont think so bitcoin cannot disappear banks,i think it will make banks more stable and profitable.
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Yutikas_11920
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August 16, 2016, 02:47:33 PM |
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no i dont think so bitcoin cannot disappear banks,i think it will make banks more stable and profitable.
very precise, bitcoin will not make banks disappeared. for if the bank lost then all this in the world of finance will have a big problem and I am sure that all of the currencies of each country no cost because there is not a place to manage it |
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btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
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August 16, 2016, 03:12:33 PM |
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no i dont think so bitcoin cannot disappear banks,i think it will make banks more stable and profitable.
How could bitcoin makes bank more stable and profitable? Bitcoin is a threat for bitcoin isn't it ? since it's decentralization so they banks can't controll it, it might be right that bitcoin can't make bank disappear but who knows a hundred years later people move to crypto and leave banks as their trusted place for storing their money. |
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Noctis Connor
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August 16, 2016, 04:03:35 PM |
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I think even bitcoin conquor the world bitcoin can't make the bank disappear because banks is more reliable than bitcoin wallets many people are using banks so that they can hold their money , lets say some investors are using bitcoin currency to invest or to gamling but some investors are using digital currency we know that we use digital currency to know where country we belong
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tahirkhanmrd
Newbie
Offline
Activity: 8
Merit: 0
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August 16, 2016, 04:24:19 PM |
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i think yes it can if all the people stop using banks and use wallet for their money i think bank will disappear.
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antonioa
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August 16, 2016, 04:28:09 PM |
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i think yes it can if all the people stop using banks and use wallet for their money i think bank will disappear.
As you can imagine such a state of the financial situation of people who are not in need of banking services and equivalent, it would be a lot of money for all needs. But this is unrealistic. Banks is also one of the oldest organizations. |
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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August 16, 2016, 04:48:46 PM |
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i think yes it can if all the people stop using banks and use wallet for their money i think bank will disappear.
You think bitcoin can do "ALL" those services that banks can offer? Banks are useful in many ways. Forget the profit here and let's head on how banks help the community and government. You are just pointing about money lost. If bitcoin can do all bank services then I will joined your shit opinion. |
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zodin
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August 16, 2016, 08:20:26 PM |
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I don't think banks are going anywhere, it will survive for sure and may be in future they will too start accepting bitcoins and both of them will coexist in future.
yes most of the people are thinking so, but it is only possible if the bitcoin become more popular in the people and they start using bitcoin in their daily life, and it compel banks to accept bitcoin then banks and bitcoin will world together. |
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Bestwishes745
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August 16, 2016, 08:23:03 PM |
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I doubt that will happen anytime soon, By the current condition of the world that might happen in the future but not in the current year, even minor chances of taking some of the banks roles will be enough.
I totally is agree with you, bitcoin is unable to replace banks as banks function is not only transacting money from one person to another and not it work only for saving our money, but it has other functions also like it control our financial system of our businesses and of our state and organizations etc. |
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lixer
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August 16, 2016, 08:53:32 PM |
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I doubt that will happen anytime soon, By the current condition of the world that might happen in the future but not in the current year, even minor chances of taking some of the banks roles will be enough.
it will happen soon, believe me it is going to happen in like a decade or so, people are not into banks already and i hope less and less people will use it Nope. Not at all. There are people who'd rather use banks than bitcoin wallets. Me for example. I wouldn't want to risk my asset losing value because of bitcoin's being highly volatile. Currently, my asset is divided at 70% bank, 20% bitcoin and 10% on hand, roughly. |
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ekaterina77
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August 16, 2016, 09:08:36 PM |
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I doubt that will happen anytime soon, By the current condition of the world that might happen in the future but not in the current year, even minor chances of taking some of the banks roles will be enough.
I totally is agree with you, bitcoin is unable to replace banks as banks function is not only transacting money from one person to another and not it work only for saving our money, but it has other functions also like it control our financial system of our businesses and of our state and organizations etc. It seems that such ideas about replacing banks bitcoin, it's just an incredible effect. Just think, how can a currency substitute, organization or institution who conduct various operations with these currencies. Banks have been and will be. |
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