Imoote
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September 10, 2016, 03:57:13 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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BitcoinMarshal
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September 10, 2016, 04:02:44 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear. In many countries Banks doing too many services for peoples they cannot be disappear even in Developed countries because Bitcoin cannot replace this we can use too much this but never can make replacement for Banks
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JumperX
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September 10, 2016, 04:12:35 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear. If more people will start using bitcoins then it can affect the number of customers of the banks as they will start using bitcoin for transactions but that won't make banks disappear.
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pakitz
Newbie
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Activity: 28
Merit: 0
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September 10, 2016, 04:15:46 PM |
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nope i dont think so..
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Yaupgitda
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September 12, 2016, 06:15:55 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear. If more people will start using bitcoins then it can affect the number of customers of the banks as they will start using bitcoin for transactions but that won't make banks disappear. That is right. I think if the bitcoin becomes very popular, the banks will also provide support for the bitcoin.
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Crypt0kn1ght
Newbie
Offline
Activity: 28
Merit: 0
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September 14, 2016, 01:42:42 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear. If to say about banks in real life, the material part of them(building,workplaces and other material assets) is just infrastructure. You can run different business logic on the same infrastructure. Now this infrastructure is being used to run traditional bank logic but it could be "reprogrammed" to crypto era reality
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naidray
Legendary
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Activity: 1232
Merit: 1029
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September 14, 2016, 02:23:22 PM |
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banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play. Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank. No. Bitcoin will impact on how banks are working right now. Many banks are researching about blockchain technology must be a proper evidence for this. Once bitcoin get boomed, it will get chances to enter into mainstream of payments system. That might enforce banks to adopt bitcoin or banks will change their some of existing system based on bitcoin users. Bitcoin will be the future banking system, but my little knowledge is not smart enough to predict how it would be.
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torrentheaven
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September 14, 2016, 02:27:09 PM |
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Banks are the strongest financial institutions we have at a moment and comparatively the size of bitcoin is too small and the fact is people have more faith in banks and its difficult to change their mentality.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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September 14, 2016, 04:40:41 PM |
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I can't imagine that banks can be disappear because of bitcoin. it is impossible to happen because its more safe to use those banks than bitcoin. bitcoins still shady and anonymous so if i have a chance to choose i will stay in bitcoin.
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mark coins
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September 14, 2016, 04:46:39 PM |
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I can't imagine that banks can be disappear because of bitcoin. it is impossible to happen because its more safe to use those banks than bitcoin. bitcoins still shady and anonymous so if i have a chance to choose i will stay in bitcoin.
According to your statement you believe that banks are more safer then bitcoin but you will still choose bitcoin, how? Or you mean to say that you will use both to take benefits from both of them.
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madwica
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September 15, 2016, 06:54:53 AM |
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I can't imagine that banks can be disappear because of bitcoin. it is impossible to happen because its more safe to use those banks than bitcoin. bitcoins still shady and anonymous so if i have a chance to choose i will stay in bitcoin.
According to your statement you believe that banks are more safer then bitcoin but you will still choose bitcoin, how? Or you mean to say that you will use both to take benefits from both of them. according to him bank is much safer to put your money but he want also to choose bitcoin to used haha, but for me i believed that bitcoin will continuous dominate the crypto world and also the value will increase. And Bank still remain as bank.
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fatima zuhra
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September 15, 2016, 02:49:26 PM |
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although it is a fact that in future most of the people will be using bitcoin as it will be more convenient than fiat currency but still it cannot disappear fiat currency and so the important of banks can also be never ignore.
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drwtsn32
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September 15, 2016, 02:53:22 PM |
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Banks are the strongest financial institutions we have at a moment and comparatively the size of bitcoin is too small and the fact is people have more faith in banks and its difficult to change their mentality.
Ask some bitcoin veterans out there and they would still choose banks over bitcoin! Because you know what? Banks will always be stronger and will get stronger over the years.
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iGotSpots
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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September 15, 2016, 02:58:41 PM |
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No. Banks have been around for thousands of years and will continue to be institutions for off-person savings. Whether it is fiat or crypto they are responsible for is irrelevant
This question is basically asking if cereal bowls will become irrelevant just because you could eat it out of a hubcap. Sure there are other options, but sometimes one just makes more sense
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KFCBTC
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September 16, 2016, 06:50:23 AM |
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im actually shocked sometimes at how many replies crazy threads get, it shows you where some investors heads are at... we need fiat money, even if it becomes less important we will always need it some small way even in best case scenario for crypto, it would take thousands of years for it to fully replace and by which time something new may come along, like space cash
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teilwalL05
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September 16, 2016, 01:44:03 PM |
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I don't think so, since bank is the partner of my bitcoin wallet I think this is not good idea that banks will disappear. I can withdraw only my btc to my bank account.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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September 16, 2016, 01:56:32 PM |
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im actually shocked sometimes at how many replies crazy threads get, it shows you where some investors heads are at... we need fiat money, even if it becomes less important we will always need it some small way even in best case scenario for crypto, it would take thousands of years for it to fully replace and by which time something new may come along, like space cash
the majority of the people here are dreamers. banks and fiat are here to stay. and if at some point in the far future one of them will be replaced by something else, then it will come from the government.
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danherbias07
Legendary
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Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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September 16, 2016, 02:03:58 PM |
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im actually shocked sometimes at how many replies crazy threads get, it shows you where some investors heads are at... we need fiat money, even if it becomes less important we will always need it some small way even in best case scenario for crypto, it would take thousands of years for it to fully replace and by which time something new may come along, like space cash
the majority of the people here are dreamers. banks and fiat are here to stay. and if at some point in the far future one of them will be replaced by something else, then it will come from the government. Yeah just experiencing bitcoin made them feel that it can do everything. It is not bad to dream but dont take it too far. There are some laws and rules that needs to be followed. Without it the world will be in chaos.
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Doamader
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September 16, 2016, 02:34:50 PM |
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im actually shocked sometimes at how many replies crazy threads get, it shows you where some investors heads are at... we need fiat money, even if it becomes less important we will always need it some small way even in best case scenario for crypto, it would take thousands of years for it to fully replace and by which time something new may come along, like space cash
the majority of the people here are dreamers. banks and fiat are here to stay. and if at some point in the far future one of them will be replaced by something else, then it will come from the government. Thats the reality even with bitcoin being and worthing more and getting more supporters, bitcoin cant offer the same services as banks, the lending system banks has its almost impossible to give such with bitcoin, did you imagined fund a loan for 40 years?
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Rostadom
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September 16, 2016, 02:38:08 PM |
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I don't think Bitcoin can make banks disappear. Banks hold fiat and there are people who would rather die than embrace the idea of Bitcoin. Those people would keep the banks alive. Also, not everyone of us likes using the Internet or the technology itself. Some people just like sticking with what he/she have been using ever since. They simply don't want change.
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