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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5822 times)
Cryptoreflector_666
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July 08, 2018, 11:46:41 PM
 #361

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin already holds many leading positions on the level of Fiat markets and other investment capital flows, but before the full revolution in Finance, at least a couple of years of intensive technological revolution

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Ahmadarwani56
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July 08, 2018, 11:48:27 PM
 #362

yes it may take a long time if bitcoin into the banking.
because there are still many considerations and feasibility tests to become money in banking.
because I am sure that in the future the paper money will be replaced
anam17
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July 09, 2018, 01:21:43 AM
 #363

I tthink Its hard to predict the futute because some goverments hate this btc  because goverments scared about btc that it can replace bank but i hope someday all goverment accept this and this is the best way to change the world.
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July 09, 2018, 01:39:33 AM
 #364

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
That is one of the best feature of Bitcoin, it will replace money. In Bitcoin, you can send/receive payments virtually without going anymore to bank. I really believe on what Bitcoin can do, what if all people will do that? It is more comfortable.

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nesty
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July 09, 2018, 01:57:30 AM
 #365

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

Maybe in the future it can happen. But no one knows when it will happen. From the time being it would hard to replace fiat with bitcoin because people would need to learn how to use the crypto currency and still the number of people who knew bitcoin is far away from the people who are currently using the fiat.

IndigoRed
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July 09, 2018, 02:54:05 AM
 #366

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
That is one of the best feature of Bitcoin, it will replace money. In Bitcoin, you can send/receive payments virtually without going anymore to bank. I really believe on what Bitcoin can do, what if all people will do that? It is more comfortable.

I think so too. Whether it's bitcoin or not, we will have the technological framework (blockchain) to support a virtual currency. How can we not, when we haven't reached the peak of the digital age yet. It only makes sense to have a virtual currency when our future will be a virtualscape.
Cj29
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July 09, 2018, 02:59:31 AM
 #367

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

There are big possible on that sir. Because modern banking is quetly different from bitcoin. If you hold in a bank your money will grow badly. But if you hold it in a bitcoin you will be happy to see it when bitcoin pump
LigwagGanern
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July 09, 2018, 03:14:19 AM
 #368

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?






I think there is a possibility that it will happen in the future but we are not sure when it will be. Years passed, the number of people who using bitcoin increasing because of many things that presenting bitcoin. Anywhere you can see bitcoin, in tv, social media, etc. I think hollywood stars know bitcoin too, because they are earning money and they want to earn money more. And bitcoin can help them.
nagobinga
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July 09, 2018, 04:03:49 AM
 #369

bitcoin will make everyone add to the finances that are not counted from before and for those who know what it does for those who invest very unbelievably. Smiley
xandiel01
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July 09, 2018, 04:49:41 AM
 #370

Well, as we can see the users of bitcoin now, there are lot of people prefer to use bitcoin wallet as their savings because they believe that if they save their money and convert to bitcoin they can earn more from it than savings in the bank.
GotNow
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July 09, 2018, 09:59:23 AM
 #371

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

I think it won't happen because no other thing can replace the real money. Maybe it can use in other transaction like paying bills, buying online product and etc.
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July 10, 2018, 08:02:31 AM
 #372

I am not sure about this because I think the meaning of the "bank" itself may be for the personal bank for every people which have bitcoin. bitcoin is different than any currency especially fiat and only the owner of bitcoin that can manage his bitcoin. so I think when people have a bitcoin then it means, they can have their own bank account and they can spend their bitcoin to buy something but this is only if in his country is accepting bitcoin as the payment. or he can convert his bitcoin to fiat so he can buy what he wants.

Jaci
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July 10, 2018, 10:12:21 AM
 #373

In this online industry, there are too many people think about Bitcoin will be dead in a short time but still, now Bitcoin not dying it is growing day by day. there are too many countries already banned Bitcoin because they don't have any idea with new technology and they are very afraid with new technology so they Ban Bitcoin but some country is very expert in technology then they accept Bitcoin. I think they start to buy and sell via his own banking.
Bruce1614
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July 10, 2018, 10:36:38 AM
 #374

Blockchain is the possible destiny of the keeping cash structure, yet not the entire system. Banks will develop their own specific blockchain, and they will use it to cut their costs on trades and to speed them up. Bitcoin and altcoins has some time right now to create and make before banks run live with their own specific upgraded system. They won't tell people that they have developed another blockchain based structure, yet they will pitch that their new system is speedier and more affordable, and that is all what people require, they couldn't think less about the back end. In case that happens, that will be a hard time for cryptos.
dilshanfernando
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July 10, 2018, 10:39:55 AM
 #375

That being stated, I don't figure Bitcoin can really supplant fiat. I am of the sentiment that our most ideal situation is that they exist close by each other. That likewise implies banks won't genuinely kick the bucket, yet they'll unquestionably be less powerful, which is a change I think the world frantically needs. Having the choice to utilize Bitcoin or fiat is additionally better for the buyers, as they can have the best of the two universes without genuinely relinquishing anything.
cutecute
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July 10, 2018, 10:54:15 AM
 #376

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?



I think it will never happen that bitcoin will be our future banking because our government did not let that happen. Actually before you think that bitcoin will be our future banking for me think first if bitcoin can make legal worldwide because there is a humor that it will be banned worldwide.
cuongpham1991
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July 10, 2018, 11:34:36 AM
 #377

Banks do not easily accept bitcoin. Because its foundation can not equal many other well-established coin
Tiger Junk
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July 10, 2018, 11:39:56 AM
 #378

I am not sure about this because I think the meaning of the "bank" itself may be for the personal bank for every people which have bitcoin. bitcoin is different than any currency especially fiat and only the owner of bitcoin that can manage his bitcoin. so I think when people have a bitcoin then it means, they can have their own bank account and they can spend their bitcoin to buy something but this is only if in his country is accepting bitcoin as the payment. or he can convert his bitcoin to fiat so he can buy what he wants.

Due to its popularity, demand and along with the advanced technology bitcoin could be a successful and reliable online banking system but I don’t it could fully replace the real  banking industry. Some people may still not be comfortable with the use of digital currency.
maldini
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July 10, 2018, 02:49:44 PM
 #379

No I don't think it will replace fiat as the governments just won't approve due to the lack of control they can have with Bitcoin. But hey I can be wrong, anything can happen in this strange little world.

yes I agree, in some countries like china, they forbid bitcoins because of hard currency controlled, the number of cryptocurrency scams, usually used illegal transactions and more.
but I also hope the other bitcoin and cryptocurrency can be legalized by all countries, because it can improve the economy of society, like me  Grin
melonbtchunter
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July 10, 2018, 05:36:47 PM
 #380

I agree that Bitcoin is made by transactions and exchange, payment and banking services. The people of the world who are taking Bitcoin are enjoying the benefits of Bitcoin through banks.
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