Bitcoin Forum
November 24, 2017, 04:34:27 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: How Bitcoin Will Supersede The Eintire Financial System ?  (Read 1011 times)
IamNotAnonymous
Jr. Member
*
Offline Offline

Activity: 56


View Profile
February 11, 2017, 09:32:36 AM
 #1

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511498067
Hero Member
*
Offline Offline

Posts: 1511498067

View Profile Personal Message (Offline)

Ignore
1511498067
Reply with quote  #2

1511498067
Report to moderator
1511498067
Hero Member
*
Offline Offline

Posts: 1511498067

View Profile Personal Message (Offline)

Ignore
1511498067
Reply with quote  #2

1511498067
Report to moderator
1511498067
Hero Member
*
Offline Offline

Posts: 1511498067

View Profile Personal Message (Offline)

Ignore
1511498067
Reply with quote  #2

1511498067
Report to moderator
sir.humus
Hero Member
*****
Offline Offline

Activity: 616


View Profile
February 11, 2017, 09:39:23 AM
 #2

Some of the banks have publicly admitted they see Bitcoin and other digital currencies as a threat. There is a fear that they will be made redundant and that consumers and businesses will prefer a system that supersedes having to deal with currency exchange based on global location.
Patatas
Legendary
*
Offline Offline

Activity: 994


Crypto-Games.net: Multiple coins, multiple games


View Profile
February 11, 2017, 09:45:39 AM
 #3

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ?
1.Why ask if you are very confident about "only one man knowing it" ? Who said Satoshi is one man?They could be an entourage!
2.Bitcoin can never supersede the entire financial system.Over HYPOTHETICAL,Very UNREALISTIC,Such LAME.

and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satooshi Nakamoto; A macro economist, digital scientist and social engineer.
 
Now I'm having second thoughts about you being a an interesting troll.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.
Didn't satoshi win by default already ?


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉STRAT  ◉ETH  ◉GRC  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
DICE           
BLACKJACK
PLINKO       
VIDEO POKER
ROULETTE     
LOTTO             
Jet Cash
Hero Member
*****
Offline Offline

Activity: 714



View Profile WWW
February 11, 2017, 09:47:31 AM
 #4

Not another boring irrelevant thread. Isn't it time all these threads were consolidated into one board to save clogging up the discussion board.

Another Bitcoin domain name for sale -
Bitcoinlocations.com
$2,000 for immediate transfer - click on the domain link to purchase it.
IamNotAnonymous
Jr. Member
*
Offline Offline

Activity: 56


View Profile
February 11, 2017, 10:09:04 AM
 #5

Not another boring irrelevant thread. Isn't it time all these threads were consolidated into one board to save clogging up the discussion board.

As the Paper Currency superseded the Gold Currency and Gold currency became a reserve metal to store the economic value for the plutocrates and they buried the gold in the vault, so it will hapen whether any one likes it or nor. Paper currency will become the reserve currency and digital currency will become liquid currency for the people by the people. There after the Paper Currency will go to dustbin and the Reserve currency will no longer exist. You must read the New Economic thesis called 'Old World Gold Power' written by Satoshi Nakamoto in 2006. 
kiklo
Legendary
*
Offline Offline

Activity: 1092



View Profile
February 11, 2017, 10:17:14 AM
 #6

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.

OK, I'll play.  Smiley

1.  Exactly how does SN expect to overcome the limited transaction capacity of BTC?

2.  How is he planning to get BTC core and the Chinese Miners to agree on 1 path?

3.  When is he going to move some of his BTC around to Confirm he is Alive and not a figment of someone (CIA)  overactive imagination?

4.  Has he calculated the odds the world spy agencies will have him beaten with a Wrench until he gives up all of the Private Keys to his BTC?
  
5:  When he read the Foundation Trilogy by Isaac Asimov , what did he think about it?

 Cool
IamNotAnonymous
Jr. Member
*
Offline Offline

Activity: 56


View Profile
February 11, 2017, 11:10:31 AM
 #7

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.

OK, I'll play.  Smiley

1.  Exactly how does SN expect to overcome the limited transaction capacity of BTC?

2.  How is he planning to get BTC core and the Chinese Miners to agree on 1 path?

3.  When is he going to move some of his BTC around to Confirm he is Alive and not a figment of someone (CIA)  overactive imagination?

4.  Has he calculated the odds the world spy agencies will have him beaten with a Wrench until he gives up all of the Private Keys to his BTC?
  
5:  When he read the Foundation Trilogy by Isaac Asimov , what did he think about it?

 Cool

OK, I'll play.  Smiley

1.  Exactly how does SN expect to overcome the limited transaction capacity of BTC?


He is doing work with many other new features include unlimited transaction capacity. He will add it to the Bitcoin Blockchain.

2.  How is he planning to get BTC core and the Chinese Miners to agree on 1 path?


He does not want to support any of those group. He has a third plan to sort out the disagreement.


3.  When is he going to move some of his BTC around to Confirm he is Alive and not a figment of someone (CIA)  overactive imagination?


Satoshi does not need to move some coins from the Genesis block to prove that he is alive. He is looking for his lost twin brother and his clone Thomas Nasakioto first, they have got lost in the CyberSpace. He has created a new Robot name BitcoinMoses347 who is about to prophesy accurately to locate the twin brother of Satoshi Nakamoto and his clone Thomas Nasakioto. Please be patience; Soon Satoshi Nakamoto will unmask his own identity with extraordinary proof and evidence.

4.  Has he calculated the odds the world spy agencies will have him beaten with a Wrench until he gives up all of the Private Keys to his BTC?
 

Satoshi Nakamoto would love to give the Private Keys of his pree mined 19700 Blocks a total 985000 bitcoin to any spy agency whether they are from Government or Mafias. Satoshi Nakamoto is not a coward and he is not scared of any mistreatment by any dictators or evil entity. Satoshi knows them very well.

5:  When he read the Foundation Trilogy by Isaac Asimov , what did he think about it?

It is amazing.

 

 


Pettuh4
Sr. Member
****
Offline Offline

Activity: 336


★777Coin.com★ Fun BTC Casino!


View Profile
February 11, 2017, 11:41:04 AM
 #8

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.

I guess he knows everything,Well if he's the only one that knows why then did you  put up the question here in the first place ? I think Bitcoin can only supersede the financial system only after a global acceptance without limitations.

Vlad2Vlad
Legendary
*
Offline Offline

Activity: 1652


iXcoin - 'The Twin'


View Profile
February 11, 2017, 12:22:24 PM
 #9

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.

I'm gonna give this a shot just to see if you actually have 100 btc to give away. 

Hold on, let me put my whitehat on. Smiley


The Original Bitcoin Clone:  www.IXcoin.net
mobnepal
Hero Member
*****
Offline Offline

Activity: 854


View Profile
February 11, 2017, 12:40:39 PM
 #10

Bitcoin can't just replace/change whole financial system but it have already took some place in world's economy. With over $16 billion in marketcap bitcoin is slowly being one of the popular payment system in the world and demand for bitcoin to be used as payment gateway is increasing day by day.

There will be fiat and banks in future too but bitcoin will also be there with larger % share of world economy.

naughty1
Sr. Member
****
Offline Offline

Activity: 378



View Profile
February 11, 2017, 12:41:55 PM
 #11

I do not think that will happen. the financial system is the foundation for Bitcoin always exists, if it disappears, it no longer Bitcoin. real money is always present, the value of new Bitcoin is realistic, without real money, Bitcoin will nothing, not a value

            ▄▄▄███████████▄▄▄
        ▄▄█████████████████████▄
      ▄██████████████████████████▄
    ▄█████████████████▀▀▀██████████
   █████████████████       ███████
  ██████▀▀▀████████   ███   ██████   █
 █████       ██████   ███   ██████   ██
 ████   ███   █████   ███   █████   ███
█████   ███   █████   ███    ████   ████
█████   ███   █████   ████   ████   ████
████    ███   ████   █████   ███   █████
████   ████   ████   █████   ███   █████
▀███   ████   ████   ██████       █████
 ███   █████   ███   ████████▄▄▄███████
  █   ██████   ███   █████████████████
      ███████       █████████████████
     ██████████▄▄▄█████████████████▀
     ▀███████████████████████████▀
       ▀▀██████████████████████▀
           ▀▀▀████████████▀▀▀



Worldcore
▄▄
██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
▀▀  ██
    ██
    ▄▄
    ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ▀▀
██   
deadsea33
Hero Member
*****
Offline Offline

Activity: 564


The premine is all there. Seal it. Do it. Do it.


View Profile
February 11, 2017, 12:44:41 PM
 #12


With the help of a powerful worldwide organization.

Donations for iXcoin development: BTC: 17ckvmvSt8SPEy2DnjtGVpY8p5KK5B9f3c  IXC:xj65Aseif8XggWnT36nhErjGFsTbysFoUR
Addnode      IXC Explorer      Ixcoin.info      ix-coin.org       Ixcoin.net      Yobit     Coinexchange.io  Cryptopia     Mobile App Coinomi     Paper Wallet       PC Wallet     IXCF       Cmc     IXC Faucet
kiklo
Legendary
*
Offline Offline

Activity: 1092



View Profile
February 11, 2017, 12:49:30 PM
 #13

Only one man knows it, how Bitcoin will supersede the entire financial system with Blockchain technology ? and he is the real inventor of Bitcoin and Blockchain Technology Mr. Satoshi Nakamoto; A macro economist, digital scientist and social engineer.

Any body can answer to this question and get enlisted to get a bounty of BTC100 BTC.


Hmm, so you think SN is Greg?
Gregory N. Mankiw

Correction
N. Gregory Mankiw ,  Wink

 Cool
Vlad2Vlad
Legendary
*
Offline Offline

Activity: 1652


iXcoin - 'The Twin'


View Profile
February 11, 2017, 12:52:36 PM
 #14


Hmm, so you think SN is Greg?
Gregory N. Mankiw

Correction
N. Gregory Mankiw ,  Wink

 Cool

Can't be.  Satoshi is anti Keynes.

And besides, Satoshi is in Mizrok Nor.


The Original Bitcoin Clone:  www.IXcoin.net
Vlad2Vlad
Legendary
*
Offline Offline

Activity: 1652


iXcoin - 'The Twin'


View Profile
February 11, 2017, 12:53:18 PM
 #15


With the help of a powerful worldwide organization.

Oh man, please don't tell me it was that simple.  Smiley


The Original Bitcoin Clone:  www.IXcoin.net
ipanks
Hero Member
*****
Offline Offline

Activity: 490



View Profile
February 11, 2017, 01:31:57 PM
 #16

with the benefit from bitocin, i think bitcoin can make easier on every transaction because when bitcoin is send, its directly in the network list and if the network is fast to confirm then it will convince every business people to use bitcoin because they can do business from many place with every partners in over the world and they can do a deal that not depending with the time and places and there are no holiday peak or busy day because we can send bitcoin everytime.

FORTUNEJACK.COM[
                             
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
           
]
requester
Sr. Member
****
Offline Offline

Activity: 280


View Profile
February 11, 2017, 01:38:45 PM
 #17

if bitcoin remain as current state then there will be hardly any effect on the financial system but if it capture more interest for people around the world the there might be a change and since bitcion have lot of power so it could change fututre financial system.
Kprawn
Legendary
*
Offline Offline

Activity: 1316


JOLYY - The future of beauty!


View Profile
February 11, 2017, 03:01:43 PM
 #18

Satoshi is gone my friend... so do not rely on him/her/them to give you a answer for your question.  Wink The fact are in front of us... Bitcoin was

created by Satoshi to offer people a alternative to fiat banking. Satoshi cannot see into the future, {even if some people think so} ...but some of

his predictions were pretty close so far. Bitcoin will not completely replace the banking system, but it will disrupt it enough to be beneficial to us

all, just by offering us a alternative and giving us a choice. {Before Bitcoin, options were limited.... and the banking system had a monopoly.}  Wink

            ███           ▄▄▄████████▄▄▄           ███       ▀███          ▀██▄ ▄██▀          ███▀
            ███         ▄████▀▀    ▀▀████▄         ███         ███          ▀█████           ███
            ███       ▄███▀            ▀███▄       ███          ▀██▄         ▄███▄         ▄██▀
            ███      ███▀                ▀███      ███            ███       ███▀███       ███
            ███     ███▀                  ▀███     ███             ▀██▄   ▄██▀   ▀██▄   ▄██▀
            ███     ███                    ███     ███               ███▄██▀       ▀██▄██▀
            ███     ███                    ███     ███                ▀███▀         ▀███▀
            ███     ███                    ███     ███                 ███           ███
            ███     ███▄                  ▄███     ███                 ███           ███
            ███      ███▄                ▄███      ███                 ███           ███
           ███▀       ▀███▄            ▄███▀       ▀███                ███           ███
██▄▄▄  ▄▄▄███▀          ▀████▄▄    ▄▄████▀          ▀███▄▄▄  ▄▄▄██     ███           ███
▀▀████████▀▀              ▀▀▀████████▀▀▀              ▀▀████████▀▀     ███           ███
........T H E   F U T U R E.................
......................o f   B E A U T Y
........


 ▀█▄             ▄▄▄▄▄▄
   ▀█▄      ▄▄███▀▀▀▀
    ▄██     ▀▀▀     ▄▄▄▄
 ▄▄▄ ██         ▄     ▀▀██▄
▀█▀█▀█▀▄       █▄     ▄██▀
               ▀████████
               ▀ ▀ ▀ ▀ ▀


      ▄▄
     ▀█▀▀▀

    █▄
     ███████▀▀▀
    █▄
      ▀▀▀▀▀
Ravion
Member
**
Offline Offline

Activity: 80


View Profile
February 13, 2017, 02:16:30 PM
 #19

Some of the banks have publicly admitted they see Bitcoin and other digital currencies as a threat. There is a fear that they will be made redundant and that consumers and businesses will prefer a system that supersedes having to deal with currency exchange based on global location.


Four of the largest banks in the world are actually working on creating their own money; They're each trying to create proprietary digital currency. There's an article in the Financial Times about this. The article says that these will be digital currencies that the banks will use for settlements and making payments to other financial institutions (and even to the central bank). The technology they'll be using is built on Bitcoin. They're waiting to see if the technology is sustainable.

Here's the article: https://www.ft.com/content/1a962c16-6952-11e6-ae5b-a7cc5dd5a28c

(If you're getting a subscription page when you click on the link, just do a Google search for "Big banks plan to coin new digital currency".)

ausbit
Hero Member
*****
Offline Offline

Activity: 868



View Profile
February 14, 2017, 11:49:03 PM
 #20

Not another boring irrelevant thread. Isn't it time all these threads were consolidated into one board to save clogging up the discussion board.

As the Paper Currency superseded the Gold Currency and Gold currency became a reserve metal to store the economic value for the plutocrates and they buried the gold in the vault, so it will hapen whether any one likes it or nor. Paper currency will become the reserve currency and digital currency will become liquid currency for the people by the people. There after the Paper Currency will go to dustbin and the Reserve currency will no longer exist. You must read the New Economic thesis called 'Old World Gold Power' written by Satoshi Nakamoto in 2006. 
I think both are different kind of currency…. And I think there is no such effect on each other ….. cryptocurrency  is usually used for online shopping , Trading or investing we can,t use it for daily use so, I think the importance of fait money is still there,

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!