jtalk
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October 16, 2016, 01:07:52 PM |
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Neither Bitcoin nor Banks can make any of them disappear anymore. In last couple of years Banks tried to get rid of Bitcoin but didn't succeed and then they decided to embrace blockchain technology and are working on it. Bitcoin and Banks will work together hands into hands. Bitcoin is not designed to be able to make the banks disappear.
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molsewid
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October 16, 2016, 01:13:11 PM |
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Nope but there are going to be fair to each other people going to use this two in the future and i think and i do believe that in the year of 2020 bitcoin will be accepted in bank depositing bitcoin into banks and they are going to be partnered.
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mirakal
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October 16, 2016, 01:18:48 PM |
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Nope but there are going to be fair to each other people going to use this two in the future and i think and i do believe that in the year of 2020 bitcoin will be accepted in bank depositing bitcoin into banks and they are going to be partnered.
There is a big hindrance for that to happen, literally saying that bank will be partnered with bitcoin is hard to realize, bitcoin is anonymous while banks promote transparency, that fact alone can be a negative factor of letting your prediction to happen.
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iqlimasyadiqa
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October 16, 2016, 01:19:45 PM |
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Nope but there are going to be fair to each other people going to use this two in the future and i think and i do believe that in the year of 2020 bitcoin will be accepted in bank depositing bitcoin into banks and they are going to be partnered.
I hope so too . The both system will unite and create an economic power increasingly easy to use. if this is true then the development of the financial system in the world is getting better.
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BitcoinPC
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October 16, 2016, 01:22:28 PM |
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Nope but there are going to be fair to each other people going to use this two in the future and i think and i do believe that in the year of 2020 bitcoin will be accepted in bank depositing bitcoin into banks and they are going to be partnered.
I am agree with you, but this way is only apply in these countries who are already accept the bitcoin in official level. But i am certain with you that bitcoin can't disappear the bank, in future both will be a partner and bank accept the bitcoin and bitcoin accept the bank.
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MWesterweele
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October 16, 2016, 01:38:24 PM |
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That is not going to happen in our life times!! There are to many older people who do not trust much, let alone something they can not see such as Bitcoin. There are also to many money hungry people out there who are not willing to let the money from bank fees go away.
to be honest anything is possible in my opinion and bitcoin can makes banks disappear in the future That's true in this earth there's anything is possible and bitcoin can't really banks disappear but they can be partnered in business if they want too that bitcoin can be deposted into banks as investment just saying if this happen in the future then much more better IMo.
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randy8777
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October 16, 2016, 01:40:50 PM |
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Bitcoins can never make banks disappear as banks are the strongest financial institution that we have which are running since long time and also have support from the Government, comparatively bitcoin lacks recognition at a moment.
bitcoin is just a tiny drop compared to an ocean that banks and governments are. also, the only entity with the ability to replace the current banks and financial system, is the government. bitcoin can't do anything about it. even not with a lot support from people world wide.
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JumperX
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October 16, 2016, 01:48:26 PM |
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Bitcoins can never make banks disappear as banks are the strongest financial institution that we have which are running since long time and also have support from the Government, comparatively bitcoin lacks recognition at a moment.
bitcoin is just a tiny drop compared to an ocean that banks and governments are. also, the only entity with the ability to replace the current banks and financial system, is the government. bitcoin can't do anything about it. even not with a lot support from people world wide. Yeah and the fact is people will have their more support towards banks in compare to bitcoins as they feel that bank is the safest place to save their money and they will never have same trust level for bitcoins.
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Hatuferu
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October 16, 2016, 02:12:25 PM |
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Bitcoins can never make banks disappear as banks are the strongest financial institution that we have which are running since long time and also have support from the Government, comparatively bitcoin lacks recognition at a moment.
bitcoin is just a tiny drop compared to an ocean that banks and governments are. also, the only entity with the ability to replace the current banks and financial system, is the government. bitcoin can't do anything about it. even not with a lot support from people world wide. Yeah and the fact is people will have their more support towards banks in compare to bitcoins as they feel that bank is the safest place to save their money and they will never have same trust level for bitcoins. Even me who are here in the crypt world for so long have always trusted banks for my savings, I cannot compromise my future but putting all my money in bitcoin and I believe as well that bitcoin cannot compete with banks so there is no chance it can make banks disappear.
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crockoo
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October 16, 2016, 07:37:25 PM |
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The banking system of the world economy is much stronger than we think. Bitcoin in many countries acts illegally and anonymously. Therefore, you must first become a legal and accepted currency.
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kodoll
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October 16, 2016, 07:51:46 PM |
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The banking system of the world economy is much stronger than we think. Bitcoin in many countries acts illegally and anonymously. Therefore, you must first become a legal and accepted currency.
Banks have existed long before the advent of the Internet and all that is technological progress. People who have learned the craft never give at the mercy of their system. It is a system which is a vocation from nothing to make big money.
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Hugroll
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October 16, 2016, 11:07:09 PM |
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Bitcoin could take over banks imo but the chance that it will happen is really small and that is that many people are still dont even know how Bitcoin works so that is the problem. If it will make it disappear than Bitcoin have to be really popular so there will be also more people that have to promote it so more people can get to know about it.
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chaosknight
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October 16, 2016, 11:07:44 PM |
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Bitcoins can never make banks disappear as banks are the strongest financial institution that we have which are running since long time and also have support from the Government, comparatively bitcoin lacks recognition at a moment.
bitcoin is just a tiny drop compared to an ocean that banks and governments are. also, the only entity with the ability to replace the current banks and financial system, is the government. bitcoin can't do anything about it. even not with a lot support from people world wide. Yeah and the fact is people will have their more support towards banks in compare to bitcoins as they feel that bank is the safest place to save their money and they will never have same trust level for bitcoins. Even me who are here in the crypt world for so long have always trusted banks for my savings, I cannot compromise my future but putting all my money in bitcoin and I believe as well that bitcoin cannot compete with banks so there is no chance it can make banks disappear. Yeah we cannot afford to put our all money in bitcoin as it would be risky move to make as the future of bitcoin is unpredictable and it may disappear in future but we are sure that banks will survive forever.
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Shady
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October 16, 2016, 11:36:55 PM |
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Bitcoin is known to add value & functionality to service providers that attaching to their platform. I don't believe banks would crumble, but I think would actually grow as more debit card providers come in.
In all honesty you must use a bank to purchase coins directly, and some countries are forced to buy them via banking.
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stadus
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October 17, 2016, 01:35:24 AM |
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Bitcoin is known to add value & functionality to service providers that attaching to their platform. I don't believe banks would crumble, but I think would actually grow as more debit card providers come in.
In all honesty you must use a bank to purchase coins directly, and some countries are forced to buy them via banking.
Well, if banks really in interested with attaching bitcoin in their system then they would have done it already, bitcoin now is very progressive so they would be interested so they can also get more clients but that did not happen, and that is due to one simple reason, "COMPLIANCE". The word compliance is required for the bank to follow the guidelines set by the central bank in an area, banks are centralized while bitcoin is decentralized, for sure that two cannot be consolidated.
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darety1
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October 17, 2016, 07:32:15 AM |
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The banking system is too stable that bitcoin take its place. I was thinking about the contrary, that bitcoin wouldn't survive.
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stromma44
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October 17, 2016, 07:35:26 AM |
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Bitcoin could take over banks imo but the chance that it will happen is really small and that is that many people are still dont even know how Bitcoin works so that is the problem. If it will make it disappear than Bitcoin have to be really popular so there will be also more people that have to promote it so more people can get to know about it.
Even if bitcoin becomes more popular in future we cannot expect that everyone will start using it, there will be certain percentage of people who will prefer to use only banks as they are used to it since long time.
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1Referee
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October 17, 2016, 07:39:06 AM |
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The banking system is too stable that bitcoin take its place. I was thinking about the contrary, that bitcoin wouldn't survive.
Bitcoin will survive. Mainly because of the fact that there is a need for something like Bitcoin. It's a multi purpose tool that people love. It's a currency too, investment tool, store of value too, it allows you to avoid dealing with banks and governments, etc. Only benefits.
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Skaven
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October 17, 2016, 07:41:46 AM |
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Nah that is not true I think bitcoin will just be difficult to replace it to fiat money. If ever bitcoin will replace the fiat money I think the bank will go to the bitcoin world and I well bet that they will offer a lot of things. Like maybe more ATM for bitcoin or other stuff.
Do you really think that the bitcoin can make banks disappear i dont think that would happen because lots of people dont know waht to do with the bitcoin and banks does not want to deal with it.,
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sasha456
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October 17, 2016, 08:19:14 AM |
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The banking system is too stable that bitcoin take its place. I was thinking about the contrary, that bitcoin wouldn't survive.
Bitcoin will survive. Mainly because of the fact that there is a need for something like Bitcoin. It's a multi purpose tool that people love. It's a currency too, investment tool, store of value too, it allows you to avoid dealing with banks and governments, etc. Only benefits. I agree. I think that the only coin that will survive everything is bitcoin. It's all about its price and its meaning for all of us.
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