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Ryananda
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June 08, 2016, 12:32:52 PM |
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bank can not disappear
it is more reliable
Banks are regulated. They are more reliable than the non regulated service like the bitcoin exchanges. absolutely right bank arranged very neatly and is associated with the government. Therefore banks are unlikely to disappear because of the things that might not happen. Bitcoin will not effect anything against the bank. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Bitcoinbro
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June 08, 2016, 12:37:43 PM |
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yes I think it can let banks disappear of course this is not easy but possible on a long term if the bitcoin gets a lot bigger these days.
If it will grow more and more there are some chances.
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The_prodigy
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June 08, 2016, 12:39:41 PM
Last edit: June 08, 2016, 01:57:23 PM by The_prodigy |
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yes I think it can let banks disappear of course this is not easy but possible on a long term if the bitcoin gets a lot bigger these days.
If it will grow more and more there are some chances.
For me its impossible to happen even bitcoin are bigger and more adopted than banks.. but its impossible to happen in the near future.. banks is one of the safe place to save our money.. bitcoin still not safe because of anonymity of this currency.. people are always thinking for their money safe.. |
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mishra1994u
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June 08, 2016, 12:42:54 PM |
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Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
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danherbias07
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Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
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June 08, 2016, 12:52:36 PM |
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Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
That is correct. They have big money. They can do something if suddenly banks collapses. They can even adapt something else or buy anything that will provide them back to get some profit. |
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GermanFoobla
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June 08, 2016, 02:07:44 PM |
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off course can bitcoin not make banks disappear what will the world be like if there where no banks. Where do we all need to store our money i dont think it would verry save on earth on that moment.
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DuckKeeper
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June 08, 2016, 02:11:13 PM |
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I think there are two factors here. The banking/debt crisis, and the emergence of crypto-currencies. It won't be Bitcoin that will destroy the banks, it will be the politicians who are taking bribes to allow rubbish derivatives to be created, and then allowing bail-ins for the banks to cover their fraudulent lending, who will cause the demise and re-structuring of banking. Bitcoin will just be one of the emerging solutions/replacements.
Not sure what I'm talking about? Look at the recent permission to allow fracking in the UK, and the bail-in of Cyprus and the Greek banking theft to help DoucheBank.
i dont think bitcoins can make banks disappear because people will always use money instead of bitcoins if the bitcoins are away we wont get any news of it if the dollar crashed everybody is in crash. |
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apriyoni
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June 09, 2016, 11:34:15 AM |
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I think there are two factors here. The banking/debt crisis, and the emergence of crypto-currencies. It won't be Bitcoin that will destroy the banks, it will be the politicians who are taking bribes to allow rubbish derivatives to be created, and then allowing bail-ins for the banks to cover their fraudulent lending, who will cause the demise and re-structuring of banking. Bitcoin will just be one of the emerging solutions/replacements.
Not sure what I'm talking about? Look at the recent permission to allow fracking in the UK, and the bail-in of Cyprus and the Greek banking theft to help DoucheBank.
i dont think bitcoins can make banks disappear because people will always use money instead of bitcoins if the bitcoins are away we wont get any news of it if the dollar crashed everybody is in crash. Bitcoin is also money and people will use it. I would like the banks to adopt the bitcoin and cut cost. |
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poplolnman
Legendary
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Activity: 1442
Merit: 1008
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June 09, 2016, 01:59:24 PM |
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I think there are two factors here. The banking/debt crisis, and the emergence of crypto-currencies. It won't be Bitcoin that will destroy the banks, it will be the politicians who are taking bribes to allow rubbish derivatives to be created, and then allowing bail-ins for the banks to cover their fraudulent lending, who will cause the demise and re-structuring of banking. Bitcoin will just be one of the emerging solutions/replacements.
Not sure what I'm talking about? Look at the recent permission to allow fracking in the UK, and the bail-in of Cyprus and the Greek banking theft to help DoucheBank.
i dont think bitcoins can make banks disappear because people will always use money instead of bitcoins if the bitcoins are away we wont get any news of it if the dollar crashed everybody is in crash. Bitcoin is also money and people will use it. I would like the banks to adopt the bitcoin and cut cost. they couldn't adopt bitcoin fully directly in the near future , but they could adopt blockchain technology that used by bitcoin by now and several banks in japan already make research about this and hope they would announce it. |
I'm in 400,000 euros debt , dont help me , i rather die
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jak1
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June 09, 2016, 02:34:39 PM |
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off course can bitcoin not make banks disappear what will the world be like if there where no banks. Where do we all need to store our money i dont think it would verry save on earth on that moment.
Well, the answer is simple, we will save our money in Bitcoin if all banks disappear because of bitcoin. I also think it can be happen, but I wish that one day bitcoin replace banks. I think banks are not that secure that bitcoins are secure and safe,. there are some issues with online wallets, but if we find a safe place to store our bitcoins then our money will be safer then any bank account. |
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newcoins1978
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June 09, 2016, 02:41:03 PM |
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If Bitcoin would become so popular that everybody in the world is going to use it and nobody will use a bank again of course the banks will then disappear because then they cannot make money them selves.
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n2004al
Legendary
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Activity: 1134
Merit: 1000
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June 09, 2016, 02:52:38 PM |
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I don't think that bank will disappear some day with the spread of bitcoin or the spread of cryptocurrencies. If the spread will be important the banks will adapt. They will find other ways to remain at the market and will focus on those. For example the bank is a Institution which offer trust and always will be need of trust in the world of money. |
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mishra1994
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June 09, 2016, 03:11:28 PM |
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I don't think banks will disappear, at least not yet. It's all online, so poorer people and the old generations (our grandparents/parents) might have not heard of it yet. Having their money stored online for them is something they won't accept because they are used to having their money stored in "safer banks" or just in their real wallet.
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hawkins
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June 09, 2016, 03:29:49 PM |
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I don't think banks will disappear, at least not yet. It's all online, so poorer people and the old generations (our grandparents/parents) might have not heard of it yet. Having their money stored online for them is something they won't accept because they are used to having their money stored in "safer banks" or just in their real wallet.
It is true. I am also not sure that bitcoin will easily make the bank disappears, and even that was not going to happen, because so far, I see bitcoin is still closely associated with the bank and it happens when you sell bitcoin do you have |
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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June 09, 2016, 03:53:58 PM |
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I don't think banks will disappear, at least not yet. It's all online, so poorer people and the old generations (our grandparents/parents) might have not heard of it yet. Having their money stored online for them is something they won't accept because they are used to having their money stored in "safer banks" or just in their real wallet.
It is true. I am also not sure that bitcoin will easily make the bank disappears, and even that was not going to happen, because so far, I see bitcoin is still closely associated with the bank and it happens when you sell bitcoin do you have Yeah its impossible to happen because people are afraid to scam they are always looking for a safe place just like banks so its impossible that banks will disappear because of bitcoin.. before when i was looking for hobby and sideline or we can call part time job online i found this bitcoin i am afraid of this coin many people are talking about bitcoin that this is money.. i was thinking before that this is just a scam so i tried to ignore it but i think it better to try this thing. so i am earning in faucet which is waste of time like other said.. but i learn in the first time.. then i tried to withdraw once i made a 0.06 btc in 3 to 4 months and withdraw it if this is true.. well after that withdrawing it i am not expected but i just try.. I receive it via money gram and this is true so i am looking for a fastest way and i found this forum.. So before i am afraid to scam so if people are offering a bitcoin they will afraid they didn't have any idea how bitcoin works.. so its impossible that banks will disappear.. |
Solving blocks can't be solved without my rigs.
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romero121
Legendary
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Activity: 3164
Merit: 1213
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June 09, 2016, 04:42:20 PM |
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If Bitcoin would become so popular that everybody in the world is going to use it and nobody will use a bank again of course the banks will then disappear because then they cannot make money them selves.
What you have quoted is pretty hard to happen in the reality. Upon the falling days when bitcoin gets enormous growth banks will develop strategies to make them stable. This won't let bitcoin to replace banking system. |
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KaliLinux
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June 09, 2016, 07:04:35 PM |
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If Bitcoin would become so popular that everybody in the world is going to use it and nobody will use a bank again of course the banks will then disappear because then they cannot make money them selves.
What you have quoted is pretty hard to happen in the reality. Upon the falling days when bitcoin gets enormous growth banks will develop strategies to make them stable. This won't let bitcoin to replace banking system. Also when you look behind the finance market the banks are key sector to run all the business online or direct Biz. No entrepreneur will directly jump into online currency world. Is this possible in upcoming years even though the bank will be the competitor. |
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apriyoni
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June 10, 2016, 07:23:02 AM |
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If Bitcoin would become so popular that everybody in the world is going to use it and nobody will use a bank again of course the banks will then disappear because then they cannot make money them selves.
What you have quoted is pretty hard to happen in the reality. Upon the falling days when bitcoin gets enormous growth banks will develop strategies to make them stable. This won't let bitcoin to replace banking system. Also when you look behind the finance market the banks are key sector to run all the business online or direct Biz. No entrepreneur will directly jump into online currency world. Is this possible in upcoming years even though the bank will be the competitor. Yes. I would like the traditional banks to adopt the bitcoin and run their system based on bitcoin. It might take several decades. |
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Dakron
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June 10, 2016, 08:55:11 AM |
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Can not make it by bitcoin it self,
Bank is very stable in different country there big deposits with contract comparing in bitcoin there is no contract on your investment keeping money in bitcoin wallet is risky.
We hope that bitcoin can be deposite/withdrawals in all different banks in the world
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BitsandBites
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June 10, 2016, 09:11:39 AM |
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Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
That is correct. They have big money. They can do something if suddenly banks collapses. They can even adapt something else or buy anything that will provide them back to get some profit. It can only makes it disappear when Bitcoin is really popular and that is not the case now because there are still a lot of people that is using their banks. So to let them disappear them you have to make Bitcoin more famous and more used. |
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