Bitcoin Forum
May 07, 2024, 08:39:35 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 339 »
  Print  
Author Topic: Can Bitcoin make Banks disappear?  (Read 427559 times)
boby-2
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
February 11, 2016, 08:55:22 AM
 #241

banks are the worst nightmare and bitcoin is a life saver but still i dont think bitcoin can make banks disapper i think bitcoin still needs some time to make a place in everyones mind. peoples blindly trust on banks but dnt trust blindly on bitcoin :p
1715114375
Hero Member
*
Offline Offline

Posts: 1715114375

View Profile Personal Message (Offline)

Ignore
1715114375
Reply with quote  #2

1715114375
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715114375
Hero Member
*
Offline Offline

Posts: 1715114375

View Profile Personal Message (Offline)

Ignore
1715114375
Reply with quote  #2

1715114375
Report to moderator
Imoote
Sr. Member
****
Offline Offline

Activity: 714
Merit: 250



View Profile
February 11, 2016, 02:43:21 PM
 #242

banks are the worst nightmare and bitcoin is a life saver but still i dont think bitcoin can make banks disapper i think bitcoin still needs some time to make a place in everyones mind. peoples blindly trust on banks but dnt trust blindly on bitcoin :p
Bitcoin will not be able to make the banks disappear. Since the bank is a financial institution of each country.
Maybe bitcoin could become a rival bank not to eliminate bank
yenxz
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
February 11, 2016, 05:22:34 PM
 #243

It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?


not,bitcoin will never make banks dissapear. have many reason to proff that it never gonna be happen.
bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
February 11, 2016, 06:06:19 PM
 #244

Re: Can Bitcoin make Banks disappear?


https://www.google.com/search?q=neo+bee&ie=utf-8&oe=utf-8
tommygunyeah
Member
**
Offline Offline

Activity: 106
Merit: 10


View Profile
February 11, 2016, 08:00:29 PM
 #245

Well, I wouldn't say dissapearing forever and ever, but, isn't getting away from the bank system one of the main reasons people start using bitcoin in the first place?
Bitcoinbro
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
February 11, 2016, 08:02:58 PM
 #246

I think the bitcoin can do it for sure.

The question is when and how soon will it be.

It will take years to even let the bitcoin do it, but its possible.
diegz
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 12, 2016, 12:33:15 AM
 #247

Well, I wouldn't say dissapearing forever and ever, but, isn't getting away from the bank system one of the main reasons people start using bitcoin in the first place?


for some, yes, specially those rich one, but for more, bitcoin is more income generating commodity and sold it to fiat when needed.. so still, bank is there waiting...    Smiley

blackmachinegun
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 12, 2016, 01:16:59 AM
 #248

banks are the worst nightmare and bitcoin is a life saver but still i dont think bitcoin can make banks disapper i think bitcoin still needs some time to make a place in everyones mind. peoples blindly trust on banks but dnt trust blindly on bitcoin :p
yeah for now I can not mention the bank as a competitor bitcoin, even I think that the bank was very helpful bitcoin
it took a lot of time, for bitcoin could be in the hearts of all people,
Spoetnik
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


FUD Philanthropist™


View Profile
February 12, 2016, 01:39:50 AM
 #249

Well, I wouldn't say dissapearing forever and ever, but, isn't getting away from the bank system one of the main reasons people start using bitcoin in the first place?


I was reading a page on Bitcoin via Google recently.
And they said it was to eliminate the middle man and remove fee's.. for fast transactions.
hhhmmm LOL

Bitcoin has no TX fee's ?
There is no such thing as BTC middlemen ?
How long how you waited for BTC show up before ?

vs. say using Interec eTransfer™
I had used then with LocaBitcoins+BTC and it was instantaneous !
It was far quicker then waiting fro the BTC to show up.
And easier to start using.. vs doing Bitcoin address crap.
all i had to do was hand over my email address name.

Quote
When someone sends you an Interac e-Transfer, you will receive a notification via email or text message indicating a transfer has been sent to you

I am not AGAINST Bitcoin but i think it deserves criticism to help improve it !
I have almost no BTC but i would like to see it succeed.

So lets be realistic & honest about it's flaws and work on them.

FUD first & ask questions later™
ajun96
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
February 12, 2016, 03:46:33 AM
 #250

banks are the worst nightmare and bitcoin is a life saver but still i dont think bitcoin can make banks disapper i think bitcoin still needs some time to make a place in everyones mind. peoples blindly trust on banks but dnt trust blindly on bitcoin :p
the bank is not a nightmare for bitcoin. precisely bank helping users bitcoin, before bitcoin can stand on its own, in a sense, bitcoin can be accepted and used anywhere, bitcoin still have to rely on bank
TBN
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
February 12, 2016, 05:45:16 AM
 #251

that's like comparing apples to oranges...banks aren't a form of currency, they're a service.
crazyivan
Legendary
*
Offline Offline

Activity: 1652
Merit: 1007


DMD Diamond Making Money 4+ years! Join us!


View Profile
February 12, 2016, 07:29:45 AM
 #252

Factom can make banks disappear, this coins is something really revolutionary.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
beoluch
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile WWW
February 12, 2016, 07:46:21 AM
 #253

I dont think that will happen as so many people still prefer to go the bank with their money Huh
Nameless Coin
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
February 12, 2016, 08:55:36 AM
 #254

That can not happen anyway. Because many people still need the banks, but not only those companies too.
Some people do not even know what Bitcoins are.
mickiya
Full Member
***
Offline Offline

Activity: 195
Merit: 104


View Profile
February 12, 2016, 11:38:43 AM
 #255

Factom can make banks disappear, this coins is something really revolutionary.

Do you mean banks cannot integrate Factom into its payment system and offer saving and loans with Factom?
martinacar
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
February 12, 2016, 11:47:36 AM
 #256

Thinking that is possible, but it will take years to even get so far.
So I think its possible but its a long journey for the bitcoin for sure.
Altynbekova
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
February 12, 2016, 11:50:55 AM
 #257

Thinking that is possible, but it will take years to even get so far.
So I think its possible but its a long journey for the bitcoin for sure.

Why is that? Banks are way to powerful to go away. They controll every market because they control the payment systems. I don't see any bank dissapear because of the power they have both economical and political.
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
February 12, 2016, 11:52:45 AM
 #258

Why is that? Banks are way to powerful to go away. They controll every market because they control the payment systems. I don't see any bank dissapear because of the power they have both economical and political.
People said the same when science challenged religion, see where its gotten us now.
Umigokath
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
February 12, 2016, 11:55:25 AM
 #259

Why is that? Banks are way to powerful to go away. They controll every market because they control the payment systems. I don't see any bank dissapear because of the power they have both economical and political.
People said the same when science challenged religion, see where its gotten us now.

I think honestly do not think that can happen. Because many people do need a bank.
And many people also know its not even know what Bitcoins are.
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
February 12, 2016, 11:59:10 AM
 #260

I think honestly do not think that can happen. Because many people do need a bank.
And many people also know its not even know what Bitcoins are.
Change is imminent, but yes it might or might not be Bitcoin that replaces banks.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 339 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!