Bitcoin Forum
June 21, 2024, 03:34:19 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 64 65 66 ... 339 »
  Print  
Author Topic: Can Bitcoin make Banks disappear?  (Read 427563 times)
stadus
Legendary
*
Offline Offline

Activity: 3136
Merit: 1294


Hhampuz for Campaign management


View Profile
February 14, 2016, 10:25:49 AM
 #301

For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..

People lose more money every year stored in their bank accounts and atms as compared to Bitcoins, the only bitcoins that get stolen are because of either carelessness in handing private keys or investing in scams.

If we save the money in the "bitcoin banks", will that have the similar effect of being stolen like the fiat?

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
Laosai
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
February 14, 2016, 10:45:11 AM
 #302

Sadly no...

Banks have corrupted this world too far. Even some bitcoiners are here wondering if a bank for btc exist... You can't fight them cause everyone thinks they're important, though they're the most useless parasite ever...

bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
February 14, 2016, 11:59:46 AM
 #303

For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..

People lose more money every year stored in their bank accounts and atms as compared to Bitcoins ...

Similarly, people lose more money in Bitcoin than they do in Shitcoin.
Why?
Well, for the same reason: because not too many people *use* Shitcoin. Duh.
Epicnicity
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
February 14, 2016, 12:29:36 PM
 #304

No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

▲▼▲▼▲▼▲▼  No.1 Bitcoin Binary Options and Double Dice  ▲▼▲▼▲▼▲▼
████████████████████████████████  sec◔nds trade  ████████████████████████████████
↑↓ Instant Bets ↑↓ Flexible 1~720 minutes Expiry time ↑↓ Highest Reward 190% ↑↓ 16 Assets [btc, forex, gold, 1% edge double dice] ↑↓
Anddos
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
February 14, 2016, 12:50:25 PM
 #305

No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

Exactly. Fiat and Bitcoin play different roles in different places. That's why both will remain. Just like banks.

xqus
Full Member
***
Offline Offline

Activity: 172
Merit: 100



View Profile
February 14, 2016, 12:56:06 PM
 #306

Bitcoin will never reach world domination. Hopefully it will be widely accepted, but I can't imagine any countries using bitcoin as their official currency. Just because they can not control it. Bank will be needed, however I do think banks will adopt much of the technology.

PGP fingerprint: B17233A1 || Bitrated user: xqus ≡ Free trust agent || LocalBitcoins ≡ Buy bitcoins locally
Wallet and Exchange security ≡ A security overview of wallets and exchanges. (forum thread)
kpitti
Legendary
*
Offline Offline

Activity: 924
Merit: 1002



View Profile
February 14, 2016, 01:03:29 PM
 #307

Bitcoin is definitely changing the world and banking industry too. Banks are powerfull and they using technology for great profit. Bitcoin will not make banks disappear, they are so dominating.
Pursuer
Legendary
*
Offline Offline

Activity: 1638
Merit: 1163


Where is my ring of blades...


View Profile
February 14, 2016, 01:19:06 PM
 #308

Bitcoin is definitely changing the world and banking industry too. Banks are powerfull and they using technology for great profit. Bitcoin will not make banks disappear, they are so dominating.

I agree. I believe that bitcoin is a great technology in our time, and it also is on a good path to success. bitcoin can even become adopted all around the globe some day. but this does not mean that banks will go out of the picture simply because bitcoin has became big.
besides some banks have also been working on their own blockchain, so who knows what the future will hold. they can adapt to the new situation in order to stay in the game.

Only Bitcoin
bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
February 14, 2016, 01:31:59 PM
 #309

Curious aside:
Out of the last 4 posts, we have users advertising a gambling website, a (camwhoring?) porn website, and a bitcoin mixer (money-laundering website).
Some serious potential here Smiley
Nemesis099
Full Member
***
Offline Offline

Activity: 205
Merit: 100


View Profile WWW
February 14, 2016, 01:39:51 PM
 #310

No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

Yeah, bitcoin will be more powerful in future, but it cannot make banks disappear, as the majority of the population is dependent of banks and they would never choose bitcoins over the banks.
gkv9
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


!!! RiSe aBovE ThE StoRm !!!


View Profile
February 14, 2016, 02:50:50 PM
 #311

Curious aside:
Out of the last 4 posts, we have users advertising a gambling website, a (camwhoring?) porn website, and a bitcoin mixer (money-laundering website).
Some serious potential here Smiley

And you are talking off-topic...
Now you will say that I am advertising an exchange, right???


No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

It does have the potential to eradicate Banks and take over, but it is possible only when people will themselves give some pressure on Governments to let them (people) allow to use Bitcoins, and so one day, the price of BTC will be decided globally and remember, at that time, you won't be able to make any profits trading BTC as BTC will be very high in values...

Daniel91
Legendary
*
Offline Offline

Activity: 3374
Merit: 1824



View Profile
February 14, 2016, 03:17:32 PM
 #312

No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

Yeah, bitcoin will be more powerful in future, but it cannot make banks disappear, as the majority of the population is dependent of banks and they would never choose bitcoins over the banks.

Yes, you are right but this issue is even more complicate.
The power of national currencies depends on many factors including the strength of the economy, national exports, services etc.
Bitcoin is not the local currency but global virtual currency and can't be easily linked to national economies.
Countries borrow money from national and international banks and repay loans in these currencies and companies depend on banks to.
Since bitcoin is decentralized and don't have central bank, it's not possible that bitcoin ever replace banks.
Bitcoin will remain alternative currency.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
ekoice
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
February 14, 2016, 03:26:17 PM
 #313

For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..
For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..

People lose more money every year stored in their bank accounts and atms as compared to Bitcoins, the only bitcoins that get stolen are because of either carelessness in handing private keys or investing in scams.

If we save the money in the "bitcoin banks", will that have the similar effect of being stolen like the fiat?
I do agree with those who are in favor of banks and atm's since bitcoin is not that safe in terms of losing password or forgetting the information where as banks and atm are quite safe enough when it comes to money.
jkrules
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
February 14, 2016, 03:44:40 PM
 #314

For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..
For me no because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..

People lose more money every year stored in their bank accounts and atms as compared to Bitcoins, the only bitcoins that get stolen are because of either carelessness in handing private keys or investing in scams.

If we save the money in the "bitcoin banks", will that have the similar effect of being stolen like the fiat?
I do agree with those who are in favor of banks and atm's since bitcoin is not that safe in terms of losing password or forgetting the information where as banks and atm are quite safe enough when it comes to money.

Yeah banks are still safer then bitcoins at a moment, and the reason is people have more trust on banks as compared to bitcoins, as they view bitcoin as a new technology and it will require some more time to have faith on.
mickiya
Full Member
***
Offline Offline

Activity: 195
Merit: 104


View Profile
February 15, 2016, 12:28:09 PM
 #315

Yeah banks are still safer then bitcoins at a moment, and the reason is people have more trust on banks as compared to bitcoins, as they view bitcoin as a new technology and it will require some more time to have faith on.

I hope banks will provide service based on Bitcoin. I would trust more on banks than the Coinbase or Bitstamp.

bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
February 15, 2016, 12:45:15 PM
 #316

Curious aside:
Out of the last 4 posts, we have users advertising a gambling website, a (camwhoring?) porn website, and a bitcoin mixer (money-laundering website).
Some serious potential here Smiley

And you are talking off-topic...

That's what "Curious aside" means, yeah. Ur smart.
Rotator
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
February 15, 2016, 12:55:37 PM
 #317

Bitcoin is definitely changing the world and banking industry too. Banks are powerfull and they using technology for great profit. Bitcoin will not make banks disappear, they are so dominating.
This is painful truth and we cannot do anything about that.
Relax and enjoy trading and using bitcoin, and be satisfied this is already victory!
Bitcoin is well known on internet.
Pattart
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 500



View Profile
February 15, 2016, 01:09:33 PM
 #318

Bitcoin will never reach world domination. Hopefully it will be widely accepted, but I can't imagine any countries using bitcoin as their official currency. Just because they can not control it. Bank will be needed, however I do think banks will adopt much of the technology.
yeah, i also think so. it would be better if bitcoin and banks work together, it would be better both
Ruzka
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000



View Profile
February 15, 2016, 01:13:53 PM
 #319

Bitcoin will never reach world domination. Hopefully it will be widely accepted, but I can't imagine any countries using bitcoin as their official currency. Just because they can not control it. Bank will be needed, however I do think banks will adopt much of the technology.
yeah, i also think so. it would be better if bitcoin and banks work together, it would be better both

There was nothing said about btc and banks working together.
Hopefully they never do, not that it needs much hope because they never will.
A decentralized btc is not something banks are going to even attempt to work with and it would be worse for both not better.
As above said as long as it becomes even more widely accepted banks are not needed but they have nothing to fear from btc and they will never disappear unless forced to.

Imoote
Sr. Member
****
Offline Offline

Activity: 714
Merit: 250



View Profile
February 15, 2016, 01:29:09 PM
 #320

Bitcoin will never reach world domination. Hopefully it will be widely accepted, but I can't imagine any countries using bitcoin as their official currency. Just because they can not control it. Bank will be needed, however I do think banks will adopt much of the technology.
yeah, i also think so. it would be better if bitcoin and banks work together, it would be better both

There was nothing said about btc and banks working together.
Hopefully they never do, not that it needs much hope because they never will.
A decentralized btc is not something banks are going to even attempt to work with and it would be worse for both not better.
As above said as long as it becomes even more widely accepted banks are not needed but they have nothing to fear from btc and they will never disappear unless forced to.
I think like that, banks and bitcoin never worked together and I also do not agree if it happens because it can make a lot of difference in bitcoin, and bitcoin will be controlled by the bank and can not be free anymore.
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 64 65 66 ... 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!