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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5822 times)
GabiGoal
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August 05, 2018, 01:42:13 PM
 #801

When I hear news in my country that some banks are starting to accept or want to start accepting bitcoin, I understand that this is done to advertise the bank. In reality, I think it will not happen soon.
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August 05, 2018, 01:47:22 PM
 #802

As I think it is impossible, the current and future BTC will not be able to put into the payment of goods and services as flexible as fiat
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August 05, 2018, 01:59:08 PM
 #803

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

First, i think the fiat money that we are used to and still using can not be replaced by bitcoin for bitcoin is too much for the government to handle. Then we have bitcoin replacing banks is also a good idea yet too impossible also. Again bitcoin is hard to control and banks have their unique method in handling money. But we should still look for the different possibilities.
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August 05, 2018, 02:24:02 PM
 #804

The world is changing new innovations are coming up so there is every possibility that bitcoin can be the future of banking and will be of a very good advantage to the society at large.We can make use of fiat and bitcoin same time
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August 05, 2018, 02:26:32 PM
 #805

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I do not think so that bitcoin will be the future bank for we do not used centralized currency on cryptocurrency. Aside from that if we talk about banking then preferably it should be handled by a third party or a group to secure your bitcoins and should be held liability if it will be taken away from the scammers. However, in cryptocurrency we do not need banks because we have our digital wallets and could be stored online or offline.
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August 05, 2018, 05:01:12 PM
 #806

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I can not actually imagine for now, how it would look like but I think that banks should be paired with cryptocurrency in near future because otherwise bank will be not needed anymore when cryptocurrency will take place on the world dominion.

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August 05, 2018, 05:04:52 PM
 #807

I don't think that the future of bitcoin is related to banking. Because bitcoin cannot be controlled and is difficult to be associated with banks. And bitcoin will not replace fiat in transactions. Bitcoin has its own portion for a better future.

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August 06, 2018, 05:27:58 AM
 #808

we already knew that bitcoin is helping people to fix their financial too. but we need more years before we can see bitcoin replace the money in transaction . many people still don't believe and use bitcoin for their daily needs and only few people know bitcoin in all over the world. but i think and hope bitcoin can be a solver for the banking to fix their problem in financial.
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August 06, 2018, 05:44:01 AM
 #809

many country makes it harder to claim that it will happen sooner or later. We should keep on supporting so that we can make things possible and benefit us all.  i think bitcoin can be a solver for the banking to fix their problem in financial.Generally if we want to send funds or money to others, of course, must be processed through the bank, because here the bank serves as an intermediary.
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August 06, 2018, 05:48:56 AM
 #810

I think Bitcoin in a banking situation can become very prominent in developing counties where banking infrastructure, especially for poorer populations is non existent or very weak. Now also with the lightning network integrated, making transactions not only faster but much cheaper it will also make a dent in the traditional remittance world also. This is my belief at the moment anyway. In Malta I believe they are building the first real Bitcoin and cryptocurrency decentralized bank.


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Sirnero111
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August 06, 2018, 06:18:44 AM
 #811

Technology has changed everything around us. It has penetrated into our day to day lives such that living without them is unimaginable now with all these his can our financial system be left untouched from online banking service to blockchains a lot have changed in this few past year. With all these I think it will
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August 06, 2018, 06:32:27 AM
 #812

I believe that the money will not be changed for the benefit of modernization in the cryptocurrency, the transactions will remain the same tool, I think sooner it will be much faster to go operations in the blockhain.
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August 06, 2018, 06:37:43 AM
 #813

Banks will have to adopt or they will be gone within 10 years
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August 06, 2018, 06:39:31 AM
 #814

Block chain technology is the future of banking system. BTC works on the same technology.
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August 06, 2018, 06:41:39 AM
 #815

I believe that the money will not be changed for the benefit of modernization in the cryptocurrency, the transactions will remain the same tool, I think sooner it will be much faster to go operations in the blockhain.
there have been so many people who made bitcoin a place to store their money, it has long been done. I think that when bitcoin shows good potential prices, people start saving their money into bitcoin, and they turn that function into a bank. yeah, that's something good in my opinion.

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August 06, 2018, 06:45:03 AM
 #816

until the moment when bitcoin will be accepted in banks, I think it will take 3-5 years. in rare banks accept for experiment
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August 06, 2018, 07:13:34 AM
 #817

i think not, it may come to a time where bitcoin will be accepted ay payments for almost all of transactions but as the main currency. The world would need to agree on it all before it happens and i think it would take a lot of time since every country has their own currencies and banks utilizes it rather than centralizing it all, transactions online is more possible but using the country's main currency not bitcoin
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August 06, 2018, 07:13:47 AM
 #818

I see bitcoin becoming the future bank with the introduction of blockchain which allow transactions  for the transfer of Bitcoin and other cryptocurrencies in a peer-to-peer fashion, without any intermediaries involved is a good sign that with time it will
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August 06, 2018, 07:42:36 AM
 #819

Yes, cryptocurrency is not a passing fad but a genuine innovation in money,it's a peer to peer exchange ,so there is no question of better banking system than cryptocurrency
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August 06, 2018, 07:57:09 AM
 #820

It will never replaces cash completely. At least for next 100-200 years, this is impossible to be achieved all over the world.
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