Karie_Legend
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January 01, 2018, 03:20:49 PM |
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bitcoin will hardly destroy banks in the future because rightnow banks are developing and changing themselves to become the better and more friendly, gaining more trust from users, making people hard to quit on banks, so if bitcoin want to defeat banks that will be a big problem to be solved in the future.
It's the same thing with the Bank going to mingle with Bitcoin and Bitcoins work so the Bank will not die.
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TheWinnerBro
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January 01, 2018, 03:37:32 PM |
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I don't think banks will ever go away or dissapear. They can evolve and make it to where you don't need physical money But it will still be the same, you will still need a bank account
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cybersofts
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January 01, 2018, 04:01:29 PM |
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No. bitcoin will never make banks disappear because government own the banks. Some governments are even banning bitcoin in their countries to avoid competition. Perhaps, in the future some cryptocurrency, an altcoin will do.
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tot-o
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January 01, 2018, 04:02:03 PM |
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lols.... of course not.... Country's bank won't disappear because some people still choose to put their earnings in the bank.....
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nextcrypto2401
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January 01, 2018, 04:03:57 PM |
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no it never happens
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8Habits
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January 01, 2018, 06:03:28 PM |
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No. bitcoin will never make banks disappear because government own the banks. Some governments are even banning bitcoin in their countries to avoid competition. Perhaps, in the future some cryptocurrency, an altcoin will do.
The beauty of cryptocurrenciy compared to fiat money is that when you have plenty of money deposited to both bitcoin wallet and with your fiat bank, many people including the government would know in the latter but not that much in the former.
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Sandal_Hat
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January 01, 2018, 06:16:54 PM |
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Banks will lose some biz, not all.
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Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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Ethernel
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January 01, 2018, 06:19:09 PM |
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No it will not disappear bitcoin as banks are not currency with which bitcoin is in competition and the banks will sooner start working with bitcoin as the banks job is to work with currencies and bitcoin is a currency. And may be Bitcoin itself require the need of banks if it took physical shape.
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8Habits
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January 01, 2018, 06:27:59 PM |
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No it will not disappear bitcoin as banks are not currency with which bitcoin is in competition and the banks will sooner start working with bitcoin as the banks job is to work with currencies and bitcoin is a currency. And may be Bitcoin itself require the need of banks if it took physical shape.
That is true, bitcoin was not design to take over banks which are already an institution in the financial world. Soon, it will be possible that banks will incorporate bitcoin and the concept of blockchain in their system.
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Lily04
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January 01, 2018, 06:33:45 PM |
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I don't think Bitcoin will make bank disappear, bank will always be there because they will always have a service to provide.
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bigvito19
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January 01, 2018, 07:42:06 PM |
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no it won't
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Granxis
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January 01, 2018, 08:59:29 PM |
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No. bitcoin will never make banks disappear because government own the banks. Some governments are even banning bitcoin in their countries to avoid competition. Perhaps, in the future some cryptocurrency, an altcoin will do.
It is important to note the importance of major companies, if we understand the relationship between government companies and banks, we know that the banks will never lose power. In almost every country, government companies and banks are in a relationship.
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petrov trevor
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January 01, 2018, 09:02:56 PM |
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People will always need banking, just for credit for example, then it's reassuring for Mr. X to have a bank with a big name that is "solid"
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Arcejeff
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January 01, 2018, 11:45:29 PM |
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Whether the bitcoin will big and grow. . I think bank will stay so nothing's change.
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Christian13
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January 02, 2018, 12:00:12 AM |
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in my opinion i would not actually agree to the allusion that bitcoin will make banks disappear. What I foresee is that banks will tend to adopt the use of bitcoin and even encourage customers to bank in accounts with bitcoin wallets. Just like we have bitcoin wallets with different providers, banks will also introduce bitcoin wallets where customers can deposit their bitcoins.
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freshm4ker
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January 02, 2018, 12:06:04 AM |
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Some bank owners are afraid of this and begin to learn how the blockchain work system works so that they can integrate it into their existing banking system because they consider bitcoin as their biggest rival that can make it disappear slowly.
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ms.moon
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January 02, 2018, 06:59:14 AM |
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People use Bank for saving, exchange... Bitcoin is one of currency, so it will work base on Bank. I think Bitcoin can't make Banks disappear.
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princesocapuyo
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Presale is live!
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January 02, 2018, 07:02:11 AM |
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Any bank which doesn't accept Blockchain technology is going to eventually disappear.
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let.bet
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January 02, 2018, 07:08:45 AM |
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Bank may soon adopt blockchain to their old system or using an exist altcoin to enhance their process (eg: Ripple). The govt will keep the bank alive to manage cash flow also collect the tax.
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Pamela Jobelle
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January 02, 2018, 07:16:28 AM |
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Banks will not disappear if they cooperate. Cryptocurrency and banks can be join force if the bank will allow cryptocurrrency to be part of the stock exchange.
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