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Author Topic: Can Bitcoin make Banks disappear?  (Read 427568 times)
wildan88
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May 09, 2016, 06:56:10 AM
 #1361

This question may have the same meaning as. whether bitcoin can replace fiat? and the answer will never, as well as bitcoin bank that can not make disappear.

Yeah bank will never disappear even if bitcoin gets on the mainstream  as it is difficult to imagine the life without the banks as it is helping us in many ways.

bitcoin will not be able to change everything that falls under the government, despite bitcoin already very popular.

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May 09, 2016, 07:55:38 AM
 #1362

Bitcoin doesn't have that high potential or that high power to make banks disappear, as banks are the most trusted organization at a moment.

no, I don't trust banking system at all, bud difference is, that if something go wrong, bank or gov. office can help..if something go wrong with my bitcoin, well, I'm in deep shit..

this is core difference and reason, why bitcoin will never replace fiat. people just want somebody to take care about their money and fix their mistakes. bitcoin usage comes with huge responsibility and only few people are willing to accept it..
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May 09, 2016, 07:57:54 AM
 #1363

I don't think that bitcoin will make the banks disappear, banks are really trusted by the government with certain documents included. Unlike bitcoin we are still not sure about the protection we can get from using it.

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May 09, 2016, 08:18:42 AM
 #1364

I don't think that bitcoin will make the banks disappear, banks are really trusted by the government with certain documents included. Unlike bitcoin we are still not sure about the protection we can get from using it.

Yeah and I think bitcoin is still new and majority of people don't have faith in bitcoin and not many are aware about it but they have great level of faith in banking system.
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May 09, 2016, 10:02:17 AM
 #1365

Bitcoin will only make Banks disappear if the Bitcoin is popular and used by everyone but that is not the case now so it cant also disappear.
But maybe it will be possible later when Bitcoin is used by everyone but than you have also promote it more.
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May 09, 2016, 10:06:32 AM
 #1366

I don't think bitcoin can make banks disappear. That's because bitcoin will not be such popular
as normal gold every people get payed by gold not by bitcoins.
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May 09, 2016, 10:15:20 AM
 #1367

No I consider this as impossible to be honest because I think the bitcoin has a very good future but not such a good future compared with other currency's.
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May 09, 2016, 11:13:04 AM
 #1368

This is impossible that bitcoin will make the banking system disappear, in the past centuries there are already banks. And look, until today
bank still exist. And we don't know that this bitcoin will become stronger after some years but I do believe that it is strong.

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May 09, 2016, 11:18:25 AM
 #1369

This is impossible that bitcoin will make the banking system disappear, in the past centuries there are already banks. And look, until today
bank still exist. And we don't know that this bitcoin will become stronger after some years but I do believe that it is strong.

Yeah thays very true its very impossible for bitcoin to make banks disappear because banking system is there and it has very strong sytem in global economy, banks is more preferable for people who want to do transaction and saving for most of all people and businessmans while bitcoin is really relyiNg for banks so it can be usefull.


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Lokfar
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May 10, 2016, 07:41:39 AM
 #1370

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
BombayChicken
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May 10, 2016, 07:58:36 AM
 #1371

Everybody needs to use paper moneys and bank accounts to pay everything in life so they
wont disappear that easy. But maybe their will come new banks not for just money but for bitcoins
you'll never now what the future will bring you.
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May 10, 2016, 08:03:57 AM
 #1372

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.

Bank is the basic necessity of majority of the society, and they need it to save their money and for day  to day transactions, and will never leave banks even in future.
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May 10, 2016, 09:40:12 AM
 #1373

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.

Bank is the basic necessity of majority of the society, and they need it to save their money and for day  to day transactions, and will never leave banks even in future.

Yes absolutely right banks is needed by many people to save money, because banks are not only for transactions but for all things related to money. And it was a very definite banks will never disappear and it was not possible.
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May 10, 2016, 09:56:08 AM
 #1374

Everybody needs to use paper moneys and bank accounts to pay everything in life so they
wont disappear that easy. But maybe their will come new banks not for just money but for bitcoins
you'll never now what the future will bring you.

I don't think We need to use paper money for long time. Moreover I think we don't need for all banks to disappear. Let them be and let Bitcoin be, they all can coexist and people should use whatever they want. I personally think that Bitcoin is better than banks, but that's just my opinion.
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May 10, 2016, 10:00:45 AM
 #1375

Everybody needs to use paper moneys and bank accounts to pay everything in life so they
wont disappear that easy. But maybe their will come new banks not for just money but for bitcoins
you'll never now what the future will bring you.

I don't think We need to use paper money for long time. Moreover I think we don't need for all banks to disappear. Let them be and let Bitcoin be, they all can coexist and people should use whatever they want. I personally think that Bitcoin is better than banks, but that's just my opinion.

The people who are already using bitcoin will never enter the door steps of banks as they are aware about the qualities and benefits they are getting from bitcoin which is far better then banks.
sk00t3r
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May 10, 2016, 10:08:06 AM
 #1376

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
yeah bitcoin is going to more popular then also it can't disappear as bank the reason educated people can only use bitcoin but in the bank everyone can use it by third person who are educated and who are illiterate for everyone available it.
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May 10, 2016, 10:35:07 AM
 #1377

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
yeah bitcoin is going to more popular then also it can't disappear as bank the reason educated people can only use bitcoin but in the bank everyone can use it by third person who are educated and who are illiterate for everyone available it.

Why not both ? Nothing from one of these to disappear. Bitcoin and banks actually can work harmoniously, it same can give us some benefits by using it. But for nowadays bitcoin still lose from popular aspect rather than banks.

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Ryananda
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May 10, 2016, 12:17:50 PM
 #1378

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
yeah bitcoin is going to more popular then also it can't disappear as bank the reason educated people can only use bitcoin but in the bank everyone can use it by third person who are educated and who are illiterate for everyone available it.

Why not both ? Nothing from one of these to disappear. Bitcoin and banks actually can work harmoniously, it same can give us some benefits by using it. But for nowadays bitcoin still lose from popular aspect rather than banks.

Yes bitcoin and banks could provide us with the benefits of each different way. Both are very profitable. But if both work together in my opinion is still not possible because it would be very different. Bitcoin can not make banks disappeared and it was not possible.
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May 10, 2016, 12:38:43 PM
 #1379

It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
yeah bitcoin is going to more popular then also it can't disappear as bank the reason educated people can only use bitcoin but in the bank everyone can use it by third person who are educated and who are illiterate for everyone available it.

Why not both ? Nothing from one of these to disappear. Bitcoin and banks actually can work harmoniously, it same can give us some benefits by using it. But for nowadays bitcoin still lose from popular aspect rather than banks.

Yes bitcoin and banks could provide us with the benefits of each different way. Both are very profitable. But if both work together in my opinion is still not possible because it would be very different. Bitcoin can not make banks disappeared and it was not possible.

Yes they have different good tracks that they follow.and there doing good so that our bitcoin can be usable, bitcoin is nothing without banks because we really need it so we can use our bitcoin and turn it to real money, it takes many years,many approvals to different sector and government to bank dissappear by bitcoin but it will not gona happen.


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May 10, 2016, 12:53:51 PM
 #1380

and why wouldnt banks start to using bitcoin? making their own wallet service? o even their own currency?
i think they both will not end any time soon, but bitcoin is good for us because it reduces bank control over money.

They could start their bitcoin service and a lot of people would use, but, if you dont want you could still use your own computer.
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