Imoote
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March 17, 2016, 01:16:49 PM |
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This may happen in the future when people understand that they do not a third party to deal with each other. There would be no need for banks if people start to believe in peer to peer txs
Currently most people are now believing in p2p trascantion and it makes their life easy. Bit coin cant replace banks as it will still be used by large majority of people. I do not know about it but I think bitcoin could compete with banks but not to make it disappear. Because in my opinion makes it very difficult banks disappear happened and I could not even think.
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harizen
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March 17, 2016, 01:31:45 PM |
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No, it doesn't. Based my view point, it is impossible that bitcoin can disappear the bank. Still many people who use bank service as well.
What if bitcoin gets very populair and gets known as the most secure currency that exists. What will happen then according to you? Will banks still exist, ofcourse, but not the ones we know now. I was thinking about bitcoin banks If only by popularity then that is not enought to considered. Hey that is basic. And fyi that bitcoin is not a secure currency. Learn to look in the whole forest and not only in a single tree.
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FruitsBasket
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March 17, 2016, 01:34:17 PM |
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No, it doesn't. Based my view point, it is impossible that bitcoin can disappear the bank. Still many people who use bank service as well.
What if bitcoin gets very populair and gets known as the most secure currency that exists. What will happen then according to you? Will banks still exist, ofcourse, but not the ones we know now. I was thinking about bitcoin banks If only by popularity then that is not enought to considered. Hey that is basic. And fyi that bitcoin is not a secure currency. Learn to look in the whole forest and not only in a single tree. About the security of bitcoin, it all depends on how u protect your own computer. I know there are ways to steal coins, but that will be through .exe files that u downloaded and trusted. So the mistake is by the user and not by the creator of bitcoin. I know it is a secure coin if you store your btc correctly.
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fck@dt-alwayzz_newbz
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Altynbekova
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March 17, 2016, 02:07:20 PM |
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If I'm honest I do not see this happen in the future, the banks are just to big if you compare them with the bitcoin. Also the fact is that a lot of people are depended on a bank nowadays so its maybe possible in about 10 years from now on.
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fruitcommander
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March 17, 2016, 02:49:41 PM |
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If I'm honest I do not see this happen in the future, the banks are just to big if you compare them with the bitcoin. Also the fact is that a lot of people are depended on a bank nowadays so its maybe possible in about 10 years from now on.
Even after a decade I think there will be many people who would continue to use banks, as they find it easy and convenient and banks are also involved in providing best services to their customers, so if the customer is satisfied with the services he will never switch to bitcoins.
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Pollak
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Pollak
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March 17, 2016, 03:27:13 PM |
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You never know of course what will happen later with the banks. But it wont disappear because a lot of people need it. And of course we all know that Bitcoin is more used and that is also very good for the future.
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KFCBTC
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March 17, 2016, 04:29:12 PM |
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I don't think so, people will need banks. how important it is when one large people such as George Soros pull all their money out of the bank, the currency of a country could be faltering you know/
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TrueCryptoinere
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March 17, 2016, 04:45:14 PM |
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That's only the words of tought bitcoin fans, I think it's still too early for bitcoin to actually replace fiat or change the financial system. Bitcoin can be a great currency on the online field and for conducting transactions throughout the world.
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Piltover
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March 17, 2016, 05:04:31 PM |
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You never know what Bitcoin can do and that is really scary. Because you cant control it. I think that the banks will reduce in the future. But it is very hard to predict. Because it is a currency so you dont know what will happen.
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celic95
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March 17, 2016, 05:17:50 PM |
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For me I don't think so because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable due to it's volatility 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..
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Mr. Big
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While my guitar gently weeps!!!
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March 18, 2016, 02:22:25 AM |
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You never know of course what will happen later with the banks. But it wont disappear because a lot of people need it. And of course we all know that Bitcoin is more used and that is also very good for the future.
Fiat is widely used all over the world.. the chance of bitcoin to make bank disappear is too small...Bitcoin might really be a nice currency and banks might really make a copy of its technology, specially the bitcoin wallets idea..
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Slowturtleinc
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March 18, 2016, 02:39:19 AM |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses. Do not expect them to fall off any time soon,they have their claws into the system pretty good.
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ASHLIUSZ
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March 18, 2016, 04:04:23 AM |
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not sure... but some banks are ready to adopt new payment innovations and considers the adoption of blockchain technology...
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diegz
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March 18, 2016, 04:42:45 AM |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses. Do not expect them to fall off any time soon,they have their claws into the system pretty good.
That is true, banks have been tested by time already..they survive, so even if we say that bitcoin is getting strong, it can't make the banks fall that easy and fast..
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Imoote
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March 18, 2016, 06:56:03 AM |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses. Do not expect them to fall off any time soon,they have their claws into the system pretty good.
That is true, banks have been tested by time already..they survive, so even if we say that bitcoin is getting strong, it can't make the banks fall that easy and fast.. Yes absolutely right bitcoin will not be able to make banks disappear because it is very difficult once and maybe my opinion is almost impossible. Besides banks and bitcoin are very different and there is no connection at the same though could save a fortune.
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Pollak
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Pollak
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March 18, 2016, 09:39:05 AM |
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It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them. We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.
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fkvidar
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March 18, 2016, 09:54:39 AM |
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It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them. We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.
bitcoin will be used more in future for sure but banks will also be more popular with innovative services that will attract more customers continue with banks.
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armansolis593
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March 18, 2016, 10:02:00 AM |
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It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them. We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.
bitcoin will be used more in future for sure but banks will also be more popular with innovative services that will attract more customers continue with banks. I think banks will upgrade their system to use blockchain to make faster and better services,if this will be put then many will still be using banks.
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Piltover
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March 18, 2016, 10:29:19 AM |
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Yes I think it is possible in the future. Because you can see now that less people now using their banks. And of course it is really important for them But the world is becoming now more digital and that will also be very good for Bitcoin. But it takes time.
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avw1982
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March 18, 2016, 11:05:36 AM |
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Yes I think it is possible in the future. Because you can see now that less people now using their banks. And of course it is really important for them But the world is becoming now more digital and that will also be very good for Bitcoin. But it takes time.
Nope I don't think so, Banks are still the base of the current economical system and people would still need USD ability to exchange bitcoin to it and use it in local transactions.
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