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Author Topic: Can Bitcoin make Banks disappear?  (Read 427610 times)
hermanhs09
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July 07, 2016, 12:11:05 AM
 #1781

There are allot of people telling me that they think that bitcoin can conquer the world and make banks disappear and other bullshit i know you like the bitcoin all but that much
i dont think he will be very big in the future so dont think that.
You might be right indeed,bitcoin have a great future,but well we cannot get over-excited like small kids,
and say that bitcoin will kill banks,poverty and governments,it's just a coin.A special one,but still a coin!
jossiel
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July 07, 2016, 12:35:43 AM
 #1782

There are allot of people telling me that they think that bitcoin can conquer the world and make banks disappear and other bullshit i know you like the bitcoin all but that much
i dont think he will be very big in the future so dont think that.
You might be right indeed,bitcoin have a great future,but well we cannot get over-excited like small kids,
and say that bitcoin will kill banks,poverty and governments,it's just a coin.A special one,but still a coin!

I agree on what you have said, and we can't even tell what is going to happen with bitcoin by that time.
But still banks are needed by a country and it must not be removed by any means.

sobsitesearch
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July 07, 2016, 12:59:28 AM
 #1783

There are allot of people telling me that they think that bitcoin can conquer the world and make banks disappear and other bullshit i know you like the bitcoin all but that much
i dont think he will be very big in the future so dont think that.
You might be right indeed,bitcoin have a great future,but well we cannot get over-excited like small kids,
and say that bitcoin will kill banks,poverty and governments,it's just a coin.A special one,but still a coin!

I agree on what you have said, and we can't even tell what is going to happen with bitcoin by that time.
But still banks are needed by a country and it must not be removed by any means.
Thats true bitcoin can not replaced the bank. And we can used the bank for cash out our bitcoin. And we do not know what is the future of bitcoin as of now.
I think bitcoin will absorb by the bank as their another currency if bitcoin would be more popular in the future.
boyptc
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July 07, 2016, 01:22:29 AM
 #1784

There are allot of people telling me that they think that bitcoin can conquer the world and make banks disappear and other bullshit i know you like the bitcoin all but that much
i dont think he will be very big in the future so dont think that.
You might be right indeed,bitcoin have a great future,but well we cannot get over-excited like small kids,
and say that bitcoin will kill banks,poverty and governments,it's just a coin.A special one,but still a coin!

I agree on what you have said, and we can't even tell what is going to happen with bitcoin by that time.
But still banks are needed by a country and it must not be removed by any means.
Thats true bitcoin can not replaced the bank. And we can used the bank for cash out our bitcoin. And we do not know what is the future of bitcoin as of now.
I think bitcoin will absorb by the bank as their another currency if bitcoin would be more popular in the future.

That's totally nuts if bitcoin will make bitcoin disappear in a country. It is more reliable and I'm going to believe if banks will make bitcoin disappear.
I guess that is way possible.
But bitcoins to make banks disappear that is really impossible.


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hendra147
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July 07, 2016, 04:42:48 AM
 #1785

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.
goinmerry
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July 07, 2016, 05:46:57 AM
 #1786

Bitcoin vs Banks seems to be the never-ending battle around here. I think the future lies in cooperation and integration and not into assimilation and disintegration if you know what I mean. Banks have been around for so long and even they are implementing Blockchain technology in their systems because the addition of different technologies will make the final product better and benefit the end user. I think we should stop with this animosity and think outside the box. It's not about them vs us. On the contrary, it's more about how we could benefit from all the cards on the table.

I will go with this comment. I see a good future for the two. And we dont even know what projects are now at hand for those banks. Maybe they are now starting something that would benefit them also through this technology or maybe it is already done. If there is a thing that is getting popular specially when it is regarding money they wouldn't want to be late about it.
JeffBrad12
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July 07, 2016, 06:28:20 AM
 #1787

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.
Bank is never interested with bitcoin but the bank is interested in the system, is used by bitcoin, for now, some bank institution is starting to adopt the blockchain system. The bank will try to give a different offer to their customer with the new system. let's see the bank a new system.

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Enotche
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July 07, 2016, 06:32:41 AM
 #1788

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.
Bank is never interested with bitcoin but the bank is interested in the system, is used by bitcoin, for now, some bank institution is starting to adopt the blockchain system. The bank will try to give a different offer to their customer with the new system. let's see the bank a new system.

Banks do not want to admit the existence of bitcoin, but look forward to when they themselves will be able to adopt a bitcoin technology. Do banks understand that without the existence of bitcoin will not blokchain? These banks see endless possibilities in which they will potentially save millions of dollars a year by using the much more rapid, economical and safe alternative to existing infrastructure that is made possible by digital currencies that they are trying to ignore.
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July 07, 2016, 07:44:52 AM
 #1789

it is much impossible for bitcoin to make banks disappear because bitcoin price still relying on the real currencies and if banks will disappear because of bitcoin it would be our new currency and it is not a good idea because it doesn't have a stable price and it cannot be the same as the fiat .

If the bitcoin is a good transaction tool to cut the banking cost and make them more profit, the banks will use it.
Bitcoins is absolutely a good transaction tool to cut the banking cost. But I doubt if the banks would easily use bitcoins. As many people don't know banks become from lending money that don't really have. So, bitcoins are big problem for them. As long as there are other currencies Banks will hold it's ground and many us hard to use bitcoins.
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July 07, 2016, 07:47:37 AM
 #1790

it is much impossible for bitcoin to make banks disappear because bitcoin price still relying on the real currencies and if banks will disappear because of bitcoin it would be our new currency and it is not a good idea because it doesn't have a stable price and it cannot be the same as the fiat .

If the bitcoin is a good transaction tool to cut the banking cost and make them more profit, the banks will use it.
Bitcoins is absolutely a good transaction tool to cut the banking cost. But I doubt if the banks would easily use bitcoins. As many people don't know banks become from lending money that don't really have. So, bitcoins are big problem for them. As long as there are other currencies Banks will hold it's ground and many us hard to use bitcoins.

The fact is people are not aware about bitcoin yet so they don't have any other option but to use banks for their financial transactions, users of bitcoin will be higher in future but banks will always stay and won't get disappear so easily.
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July 07, 2016, 10:20:31 AM
 #1791

it is much impossible for bitcoin to make banks disappear because bitcoin price still relying on the real currencies and if banks will disappear because of bitcoin it would be our new currency and it is not a good idea because it doesn't have a stable price and it cannot be the same as the fiat .

If the bitcoin is a good transaction tool to cut the banking cost and make them more profit, the banks will use it.
Bitcoins is absolutely a good transaction tool to cut the banking cost. But I doubt if the banks would easily use bitcoins. As many people don't know banks become from lending money that don't really have. So, bitcoins are big problem for them. As long as there are other currencies Banks will hold it's ground and many us hard to use bitcoins.

The fact is people are not aware about bitcoin yet so they don't have any other option but to use banks for their financial transactions, users of bitcoin will be higher in future but banks will always stay and won't get disappear so easily.
Yeah right bitcoin will not be able to eliminate the bank because the bank certainly very necessary to save money. And banks are able to follow the development of time so as not to lose. The reality of people using bitcoin also use a bank, like me. Because I think both have their uses, respectively.
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July 07, 2016, 10:57:23 AM
 #1792

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.

You are right, I think the bitcoin can honestly not do this because of the fact that the bitcoin is too small and the banks have way more power.
I honestly think that the bitcoin is gonna be close to it but people cannot stop with using banks in my eyes..
hermanhs09
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July 07, 2016, 11:13:45 AM
 #1793

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.

You are right, I think the bitcoin can honestly not do this because of the fact that the bitcoin is too small and the banks have way more power.
I honestly think that the bitcoin is gonna be close to it but people cannot stop with using banks in my eyes..
This time i dont agree with you,i really doubt that bitcoin will be closed or is going to die.
We cant kill banks with bitcoin,but it may happen some day with a loads of luck,if btc price would really sky rocket,and a really big %
of world's population would use it!
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July 07, 2016, 11:19:13 AM
 #1794

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.

You are right, I think the bitcoin can honestly not do this because of the fact that the bitcoin is too small and the banks have way more power.
I honestly think that the bitcoin is gonna be close to it but people cannot stop with using banks in my eyes..
That's right bank is very strong that bitcoin bank could not make disappear. People can not escape from the bank because it is very safe to save money there and for a country's economic activity. It is highly unlikely the bank disappeared.
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July 07, 2016, 11:23:22 AM
 #1795

Possible If and only if they will ignore the existence of blockchain technology, I've heard of other companies putting up business on virtual money if the banks continue to ignore this then it will surely heat on their head straight and will left behind, and the thing that they could do is to go allied with government and declare such technology as illegal. Lol
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July 07, 2016, 07:06:53 PM
 #1796

Possible If and only if they will ignore the existence of blockchain technology, I've heard of other companies putting up business on virtual money if the banks continue to ignore this then it will surely heat on their head straight and will left behind, and the thing that they could do is to go allied with government and declare such technology as illegal. Lol

The banks will be stronger if they use the block chain technology. They will be even stronger if they use the bitcoin.
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July 07, 2016, 07:32:21 PM
 #1797

No bitcoin cannot let banks disappear these days, this would be so ridiculous in my eyes because banks are way too big.
The bitcoin is really depending on stockings and banks that are using the dollar so right now its note even possible.
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July 07, 2016, 07:39:03 PM
 #1798

When a governments gives banks a bailout,  to stop them from going bankrupt so to speak.

Do you people understand who actually pays this money to the Ponzi banks?
I urge you to go find out.

And its gone.
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July 07, 2016, 08:04:21 PM
 #1799

because bank can't control bitcoin, bank can't freeze bitcoin account, bank can't blocking bitcoin transaction.
but in fact blockchain, the technology behind bitcoin make bank interesting to adopt it.

Banks can easily control bitcoin but the problem is that they do not start to work on bitcoin, if they start to work on bitcoin they will easily provide a way for its control, and if they only create their wallets then they will also be able to do some control on bitcoin.
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July 07, 2016, 08:09:48 PM
 #1800

As of now i do not see the bank will disappear due to popularization of bitcoin because bank always updated in the field of currency and i think they already know about the value of bitcoin right now and they already have a plan for bitcoin.
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