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apriyoni
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February 26, 2016, 04:22:06 PM |
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With bitcoin integrated, banks can make more profit as the cost is lower than using fiat. I will borrow bitcoin from banks.
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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nejibens
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February 26, 2016, 04:57:16 PM |
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I don't think that Bitcoin can make Banks disappear at least in the near future
But i think more people will leave banking services as Bitcoin's growing up daily
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bankingbtc
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February 26, 2016, 05:08:34 PM |
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i highly doubt that bitcoin can replace all the banks, i believe in bitcoin and i believe that the price is going to rise really high, but i dont think its realistic of replacing banks
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bitgolden
Legendary
 Offline
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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February 26, 2016, 08:17:10 PM |
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Bank safe our money , online & offline wallet handle our bitcoin.
They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...
Yes banks and wallets are different, Banks hold paper currency while wallets hold internet currency. But when bitcoins will become so mature that they overrule all the currency and paper currency which bank holds have very little or low value, only then bitcoins will replace the Banks. |
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Zaun
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February 26, 2016, 08:31:48 PM |
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i highly doubt that bitcoin can replace all the banks, i believe in bitcoin and i believe that the price is going to rise really high, but i dont think its realistic of replacing banks
I thinking exactly the same because the bitcoin is big but its never gonna be bigger than banks and its also that banks will never let this happen. The bank is only interested in the block chain system, because its very safe. |
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aso118
Legendary
Offline
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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February 27, 2016, 03:28:08 AM |
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Bank safe our money , online & offline wallet handle our bitcoin.
They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...
Yes banks and wallets are different, Banks hold paper currency while wallets hold internet currency. But when bitcoins will become so mature that they overrule all the currency and paper currency which bank holds have very little or low value, only then bitcoins will replace the Banks. Banks don't just hold paper currency, they give credit to people and companies. The world today runs on credit. As long as people need loans, banks will be around. |
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justspare
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February 27, 2016, 03:42:40 AM |
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Bitcoin has no chance against banks. Pretty much everyone in the world uses a bank.
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Invulner
Sr. Member
Offline
Activity: 266
Merit: 250
Invulner
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February 27, 2016, 03:43:52 AM |
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Definitely can make banks disappear, but not now since the government are still using fiat, which is based on a big big lie.
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Rizky Aditya
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February 27, 2016, 04:58:04 AM |
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Definitely can make banks disappear, but not now since the government are still using fiat, which is based on a big big lie.
I really am starting to give up hope with Bitcoin. Actually I am only giving up on these stupid ass topics. Banks are going to be around a very long time before Bitcoin even has a chance to overtake them. |
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Monkey Luffy
Newbie
Offline
Activity: 14
Merit: 0
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February 27, 2016, 06:41:09 AM |
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Certainly it will not happen anytime soon, BTC is a currency of the future but taking over place of the real currency of the world that is pretty structured currently won't be a short-term project if BTC could overthrow fiat at anytime owner wishes.
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ekoice
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February 27, 2016, 06:52:26 AM |
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Certainly it will not happen anytime soon, BTC is a currency of the future but taking over place of the real currency of the world that is pretty structured currently won't be a short-term project if BTC could overthrow fiat at anytime owner wishes.
Right now it does not seem to be possible for bitcoin to disappear banks since it has no physical atms and also it is very critical when it comes to passwords because in bitcoin you lose every thing if you forget password where as in banking they have many ways to retrieve your data to help out without tension. |
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pneumatic5
Full Member
Offline
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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February 27, 2016, 09:33:06 AM |
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Certainly it will not happen anytime soon, BTC is a currency of the future but taking over place of the real currency of the world that is pretty structured currently won't be a short-term project if BTC could overthrow fiat at anytime owner wishes.
Right now it does not seem to be possible for bitcoin to disappear banks since it has no physical atms and also it is very critical when it comes to passwords because in bitcoin you lose every thing if you forget password where as in banking they have many ways to retrieve your data to help out without tension. Yes and I think majority of the people have more faith in banking system, and even the users of bitcoins are also using banks for sure for their daily transactions, so banks will always there. |
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fruitcommander
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February 27, 2016, 10:58:40 AM |
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Certainly it will not happen anytime soon, BTC is a currency of the future but taking over place of the real currency of the world that is pretty structured currently won't be a short-term project if BTC could overthrow fiat at anytime owner wishes.
Right now it does not seem to be possible for bitcoin to disappear banks since it has no physical atms and also it is very critical when it comes to passwords because in bitcoin you lose every thing if you forget password where as in banking they have many ways to retrieve your data to help out without tension. Yes and I think majority of the people have more faith in banking system, and even the users of bitcoins are also using banks for sure for their daily transactions, so banks will always there. Yeah and banks pay you interest on your capital, and its always safe to store your money in banks, where as bitcoin doesn't pay you interest, you can earn good returns only if the price goes higher. |
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nejibens
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February 27, 2016, 02:24:47 PM |
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Bitcoin has no chance against banks. Pretty much everyone in the world uses a bank.
I think that is unfair to compare the usability of each banks and Bitcoins , banks are working since centuries while Bitcoin just created since few years ago and already made a great success |
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Hellacopter
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February 27, 2016, 02:28:34 PM |
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I don't think that Bitcoin can make banks disappear, at least in our nearest future
Bitcoin is just launched and created since few years ago and still needing more support and advertise worldwide
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diegz
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February 27, 2016, 02:34:05 PM |
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Bitcoin has no chance against banks. Pretty much everyone in the world uses a bank.
I think that is unfair to compare the usability of each banks and Bitcoins , banks are working since centuries while Bitcoin just created since few years ago and already made a great success still, banks are well established and its reputation was built thru the years that it exist, and most people trust banks already before bitcoin came...in popularity, even a child could know banks just by listening to his parents, while bitcoin is so techie and complicated... |
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knowhow
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February 27, 2016, 04:07:09 PM |
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As all here know banks trying to make their own blockchain,to save the high fees they pay,soo maybe be a question of time till they start to accepts payments of bitcoins ,as applications with bitcoins ,converted to fiat value on the day ,and growing as btc and not fiat.
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mickiya
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February 28, 2016, 08:19:16 AM |
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Bitcoin has no chance against banks. Pretty much everyone in the world uses a bank.
I think that is unfair to compare the usability of each banks and Bitcoins , banks are working since centuries while Bitcoin just created since few years ago and already made a great success Bitcoin is just a kind of currency. The banks can adopt it easily. They can use that for making profits as well. |
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nejibens
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February 28, 2016, 02:07:23 PM |
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Bitcoin has no chance against banks. Pretty much everyone in the world uses a bank.
I think that is unfair to compare the usability of each banks and Bitcoins , banks are working since centuries while Bitcoin just created since few years ago and already made a great success Bitcoin is just a kind of currency. The banks can adopt it easily. They can use that for making profits as well. Bitcoin is a full currency i think , there is no real difference between Bitcoin and the other currencies nowadays, fiat is used more till now that's true, but seeing the history of Bitcoin and how it reach this great success in this short period of time we can expect more success for this crypto currency |
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Hellacopter
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February 28, 2016, 02:15:10 PM |
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I think Bitcoin's can't make the banks disappear at least in our nearest future, because banks are having already a very big community using and supporting it's services till now. But in time it's possible that Bitcoin will be used more than banks
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