Can Bitcoin make Banks disappear?

[apriloni]

i think bitcoin can not disappear bank sometime i feel bitcoin if bank adopt the bitcoin then bitcoin will be useful in the world and then bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people no need to be convert their all bitcoin into fiat.

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[whizter]

I don't think that it will disappear banks as banks are already have much works to do and their work is not only to store money for people but they are also maintaining the financial affairs for governments and for different organizations.

The bank's tie with the government is the one that keeps it surviving and not just the money... That is why it will be difficult for bitcoin to make banks disappear, bitcoin could only substitute the money but not the other transactions that banks are holding...  

but i think bitcoin can disappear banks, but in one condition, if all the people of the world start using bitcoin and stop using fiat currency,and then banks will automatically disappear, but i think it is not possible in present time it will tame decades as most of the people still do not know any thing about bitcoin.

[Orion25]

In my opinion bitcoin is more profitable to cooperate with the banks and not try to take their place. The fact that the banking system is very well established in the financial sector and the fight against it will be very difficult or even impossible.

[SidaroffVany]

I don't think that it will disappear banks as banks are already have much works to do and their work is not only to store money for people but they are also maintaining the financial affairs for governments and for different organizations.

The bank's tie with the government is the one that keeps it surviving and not just the money... That is why it will be difficult for bitcoin to make banks disappear, bitcoin could only substitute the money but not the other transactions that banks are holding... 

but i think bitcoin can disappear banks, but in one condition, if all the people of the world start using bitcoin and stop using fiat currency,and then banks will automatically disappear, but i think it is not possible in present time it will tame decades as most of the people still do not know any thing about bitcoin.

I do not think it's possible at all to bitcoin destroyed banks. The fact that it is better to cooperate than to conflict. Perhaps it is superfluous thoughts of users who want to bitcoin took the lead.

[farl2web]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

[Tyrantt]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

farl2web is right, if there is one thing that will not disappear while there are countries, it's banks. Even if the bitcoin is the main currency, a lot of banks would be able to get a small % of the btc and do something with it, and there are a lot of banks with a siht ton of money. It wouldnt surprise me if someone doesn't start buying now.

[madwica]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

farl2web is right, if there is one thing that will not disappear while there are countries, it's banks. Even if the bitcoin is the main currency, a lot of banks would be able to get a small % of the btc and do something with it, and there are a lot of banks with a siht ton of money. It wouldnt surprise me if someone doesn't start buying now.

Just as like what comes to my mind. Banks will remain no matter what will happen because they are controlled by the government and they are one of the most important part of the financial industry for a country. And the banks can just simply about the usage of bitcoin and you can see some thread that entitled bitcoin banks.

Correct bank is one of the basis of good economy of one country there is no country without bank even the bitcoin would be more popular i think bank will adjust and adopt bitcoin because it is also a currency which the bank is the currency holder.

[Ziskinberg]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

farl2web is right, if there is one thing that will not disappear while there are countries, it's banks. Even if the bitcoin is the main currency, a lot of banks would be able to get a small % of the btc and do something with it, and there are a lot of banks with a siht ton of money. It wouldnt surprise me if someone doesn't start buying now.

Just as like what comes to my mind. Banks will remain no matter what will happen because they are controlled by the government and they are one of the most important part of the financial industry for a country. And the banks can just simply about the usage of bitcoin and you can see some thread that entitled bitcoin banks.

Banks plays a vital rule in our life, with government to take in charge, they are protecting our money and with banks there's always an insurance of our deposits or our funds while in bitcoin everything is not ensured. The fact that we cannot put all our money in bitcoin, we badly need bad as much as we need fiat.

[Catlonid]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

bitcoin is not possible to eliminate the bank because the bank has a system protected by the government. The bank has rules to managing currency included bitcoin.
 So, I think bitcoin can't disappear bank.

[mirakal]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

bitcoin is not possible to eliminate the bank because the bank has a system protected by the government. The bank has rules to managing currency included bitcoin.
 So, I think bitcoin can't disappear bank.

We are too ambitious with that, bitcoin is just a small currency supported by less that 1% of the total world population, while almost majority of the people trust bank and they have use the bank. I am sure they will not allow us to rule before them.

[MMA]

to me banks cannot make banks disappear, to me i think banks and bitcoins will work together and will try to promote one another. hope a time will come when banks will start adopting bitcoin,

[Doamader]

to me banks cannot make banks disappear, to me i think banks and bitcoins will work together and will try to promote one another. hope a time will come when banks will start adopting bitcoin,

What you mean with banks cant make banks disappear, lol anyway, i did get you, i doubt bitcoin and banks will worth together, without regulamentation banks cant provide any service related to bitcoin, they can make a pack for crypto world investors and players, some special loan pack.

[Oceriw]

I don't think that it will disappear banks as banks are already have much works to do and their work is not only to store money for people but they are also maintaining the financial affairs for governments and for different organizations.

You are right, the thing is that they are just way too powerful for the bitcoin, the bitcoin could never do this in my eyes because banks are way too big together and also too powerful than.

[puremage111]

Bank will never disappear as long as paper $$ still there

[carlfebz2]

Bank will never disappear as long as paper $$ still there

You are right  and as we all know  fiat currency  is strong  and been regulated by the government  which  means  it would  really stay still    and  no matter those alternative currencies  would  arise  , fiat  would  be still there  and  no  one could able   to replace  it  from its place.  Banks are storage  for fiat therefore  it would surely stay too.

[lol3c]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

bitcoin is not possible to eliminate the bank because the bank has a system protected by the government. The bank has rules to managing currency included bitcoin.
 So, I think bitcoin can't disappear bank.

From my point of view, I assume that bitcoin works independently from banks and it doesn't have anything to deal with the existence of banks and the other way around. Moreover, banks are under controlled by the government so it's no easy to put banks to an end.

[mastica]

yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.

I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.

bitcoin is not possible to eliminate the bank because the bank has a system protected by the government. The bank has rules to managing currency included bitcoin.
 So, I think bitcoin can't disappear bank.

From my point of view, I assume that bitcoin works independently from banks and it doesn't have anything to deal with the existence of banks and the other way around. Moreover, banks are under controlled by the government so it's no easy to put banks to an end.

Why would a government make banks ends, if they do use them to make all transactions from banks, bitcoin has no way to handle such transactions volume, if the countrys does make their own blockchain and crypto currencie to handle the transactions they make, letting them be public would be a huge advance, but banks would keep alive anyway.

[krishna1]

bitcoin can make banks disapper but it wont because it does not here to  compete with banks it is aready an better version of it more sercurity more privacy and more freely ti manage money

[wxa7115]

Right now there is no such thing the can challange the banks.  Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?

I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.

sometimes I think that banks do not have any hostility with bitcoin and they will also like accept bitcoin in their system but as it is not approved by the governments for their uses so they are unable to use it and that is why they want people to use only their own system for now until they adopt bitcoin.

Personally I see it from a very simple perspective, banks will not like any competition at all and since bitcoin is capable of covering a substantial part of their business I don't think they have any desire to embrace it.

[MONKEYJUNK]

Right now there is no such thing the can challange the banks.  Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?

I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.

sometimes I think that banks do not have any hostility with bitcoin and they will also like accept bitcoin in their system but as it is not approved by the governments for their uses so they are unable to use it and that is why they want people to use only their own system for now until they adopt bitcoin.

Personally I see it from a very simple perspective, banks will not like any competition at all and since bitcoin is capable of covering a substantial part of their business I don't think they have any desire to embrace it.

Competition? Bitcoin is money, if they found a way to earn with bitcoin, they will do however the bitcoin marketcap is low and I think that big banks have more money than this. In the other side of the coin, they will just use the blockchain because bitcoin users don't like banks.