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Adioliver
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September 09, 2017, 12:09:36 PM |
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From my point of view banks will not disappear,they will collaborate with blockchain or something but will never disappear
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jonnybravo0411
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September 09, 2017, 12:11:54 PM |
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No, bitcoin will not make the banks disappear. I think that the owners of banks are involved in the creation of bitcoin and they are not interested in destroying their business, which was built for many years.
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di.ako.toh
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September 09, 2017, 12:37:49 PM |
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I dont think so, banks will disappear because of bitcoin. Banks do play a great role in our society in terms of financial aspect to many of us. In times as bitcoins were emerging in the community, quite sure banks will consider this and become part of its services.
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Cacaparg
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September 09, 2017, 12:41:13 PM |
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To my mind bitcoin can make a great hert to banks, however, so clever structure that soon they will discover ways how to get advantages and profit from bitcoin.
If not, bitcoin will beat banks.
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dynospytan
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September 09, 2017, 12:43:35 PM |
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I think it will never happen that bitcoin can disappear bank. We all know that to make us use bitcoin we need real currency and real currency is came from banks. So how can we use bitcoin without these banks ? Maybe if the government would make the bitcoin as a real currency also. But I think its far to happen. |
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Skieleton
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September 09, 2017, 02:15:29 PM |
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Maybe in the future because not all people knows about bitcoin but they know about all banks. Old people dont recognize bitcoins because it is cryptocurrency and it is online only. Unlik banks both online and offline . Older people are more modern. Use card and online banking. Why not teach them BTC transactions? It is a matter of learning. |
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KennyR
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September 09, 2017, 02:24:38 PM |
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For an mate stated above, Not every older people were modern. Very few were using credit cards and other online means of transactions. Even now majority of the old generation prefer paper money and this cannot be changed through learning. It has got attached to the living style, so maybe the upcoming generations might create a change.
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mistletoe
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September 09, 2017, 03:34:50 PM |
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I doubt. Not everything can be purchased by invisible currency and not every place in the world is high tech. Its a good alternative to real currency but it cannot replace the currency we can touch.
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Sonin1944
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September 10, 2017, 08:10:41 AM |
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I believe bitcoin and fiat can equally co-exist collectively, with bitcoin masking the physical trades and bitcoin employed in on the internet transactions.
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madwica
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September 10, 2017, 08:18:05 AM |
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I think it will never happen that bitcoin can disappear bank. We all know that to make us use bitcoin we need real currency and real currency is came from banks. So how can we use bitcoin without these banks ? Maybe if the government would make the bitcoin as a real currency also. But I think its far to happen. Correct bank will still productive even bitcoin will be more popular, i think bitcoin will be fully adopted by the bank and will be part of the offer currency to the people. And if bank will not exist in the future there will be no bitcoin to used by the people i think. |
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Crosshair
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September 10, 2017, 08:34:20 AM |
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Very likely, when all transactions can be done by yourself without any bank will certainly make the banks deserted and slowly can close the business. I'm sure if everyone using bitcoin, then the bank will close automatically but no time soon, because the user has not been much bitcoin.
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8Habits
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September 10, 2017, 12:05:34 PM |
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Very likely, when all transactions can be done by yourself without any bank will certainly make the banks deserted and slowly can close the business. I'm sure if everyone using bitcoin, then the bank will close automatically but no time soon, because the user has not been much bitcoin.
Bank is already an institution and it is just simply hard to erase it in the face of the world because of bitcoin. They can work together though but not necessarily remove one over the other. Majority transactions are still involving bank transactions and it will stay here for awhile or maybe until the end of the world. |
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catlovedog
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September 10, 2017, 02:33:49 PM |
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No, I hope not, they will take all the deposits with them if they do !!!
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abyaby123
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September 10, 2017, 02:53:47 PM |
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I don't think it will happen. Because its not possible to close all other currencies and start only crypto currencies. It may happen that banks will start working on bitcoin legally but simultaneously the will also keep other currencies too. I have even heard from CA that they have legal option for tax on bitcoin and all.
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stupid_seb
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September 10, 2017, 03:09:47 PM |
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If Banks are smart, they will embrace bitcoin.
Look at what Fidelity investments did. A little step towards an integration.
For 99% of the people, having a BTC wallet in your Bank of America or Chase account would be a huge plus. Imagine the mass adpotion if they create cards a la TenX...
And the banks would still make money on fees, and remain your primary "human" point of contact for the rest.
It is not the decentralized dream most of us imagine, but it is a real fast path for mass adoption. Savvy users keeping the possibikity to keep their btc out of the system if they want: the best of 2 worlds.
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abdillahzidan
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September 10, 2017, 04:58:27 PM |
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could be the bank will disappear.Given the fee from bitcoin which is relatively cheap to make investors look at it as an investment with a small fee from the assets owned nya.Kendalanya until now remain classic considering bitcoin msih somewhat foreign in some circles so it takes a long time to shift from real money as an asset that is kept in the Bank rather than choosing bitcoin.
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Freyya08
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September 12, 2017, 04:07:28 PM |
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I think No. Not everybody is familiar with bitcoin. And some of the big businesses, companies and even our government used banks. But hopefully, banks will adapt in the future and accepts bitcoin for easy and faster transactions.
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ricardobs
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September 13, 2017, 12:56:54 PM |
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To my mind bitcoin can make a great hert to banks, however, so clever structure that soon they will discover ways how to get advantages and profit from bitcoin.
If not, bitcoin will beat banks.
If that was possible, a lot of stocks that came before Bitcoin would have done it and Bitcoin will only be left with the option of taking over those stocks. So it isn’t possible, because the world needs banks; no matter how far technology goes. |
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#K!LL3R
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September 13, 2017, 03:16:55 PM |
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It can because Bitcoin can be stored in online wallets but it will surely take a lot of time as today Bitcoin is popular but it takes time for people to change their mindset and opt for a change.
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KesoNie
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September 13, 2017, 03:21:53 PM |
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I think for now bitcoin can't make banks disappear because not all people don't know about the bitcoin. But i think if all people know about the bitcoin and what the meanings and how to use it only few know about the bitcoin for now but i think if bitcoin become recognizable and the other people who doesn't know you can convince them and if that happens probably it makes banks disappear |
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