Bitcoin is it the Future of Banking ?

[thereactor334]

Nowadays more investors  are investing on cryptocurrencies because they want an easy life. Cryptocuurencies help them make life easier especially in paying their bills and making different transactions online.

[Elrozaq]

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

I think For the future, actually is a blockchain technology. Coins may change in the future but blockchain remains a major driving force. If the blockchain is tailored to our everyday transaction, it will replace the bank as we know it. You can store unlimited amount of coins in your wallet and have some wallets at that time. Transactions will be end-to-end. No more atm or savings book. But still long before this happened. It is the future technology.

[minefreak]

I don't know...
it could represent a new whole financial instrument intead of a replacement to something...
who knows?? just the time will tell us!

[Johnny_ric0]

It is alternative system of payment, will need some time to be fully integrated in our everyday lives. Banking system has been evolving ever since - on the other hand, blockchain is new technology. Only time will show us, but in Bitcoin we trust!

[Domino68]

I think Bitcoin is the opposite and the death of banks if it can become mainstream just because it encourages users to be their own bank and be in control of their own funds.

[TrumpD]

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

I think For the future, actually is a blockchain technology. Coins may change in the future but blockchain remains a major driving force. If the blockchain is tailored to our everyday transaction, it will replace the bank as we know it. You can store unlimited amount of coins in your wallet and have some wallets at that time. Transactions will be end-to-end. No more atm or savings book. But still long before this happened. It is the future technology.

I totally agree with you. I feel that the success of cryptocurrency is going to be based on the success of blockchain implementation in other sectors of life and industries first. Once the whole idea of a transparent ledger can be fully backed and utilized in government institutions and private companies, especially those who wish to do clean legal work, and are not afraid of audits, these same companies and institutions will then advocate that their monies be treated the same way. So I think more publicly should be given to blockchain and it's successes then we can start convincing people on why it should be used as everyday transaction for monies.

[vonnyaries]

yes we all know that blockchain is the one that has the future fetures, because we can see about the security that used on blckchain, maybe some bank in the world can use blockchain in to their system so they can safe their data safely and the customer that use the bank service wouldn't afraid about this situation

[eann014]

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

I think bitcoin can't replace the real money and I think it will not going to be our future money. Our fiat money will still remain and it will be used for a lifetime because it has an exact value than bitcoin or in some cryptocurrencies. If crypto will be our future money, it will be a big adjustment for us and it will be difficult to know the exact amount which is also struggling for us in my opinion.

[Kingjagat]

Think little goals and expect little achievements. Think big goals and win big success. Don't fall behind. I am very confident in what bitcoin is showing up to today.

I think If blockchain is adjusted to our eveyday transaction, it will replace the bank as we know it. You can store unlimited amount of coins in your wallet and have some wallets at that time. Transactions will be end-to-end. No more atm or savings book. But still long before this happened.
Currently, companies that accept bitcoin transactions use Bitpay to convert bitcoins into money. So still down to the money. Bitcoin will not replace the money for the transaction in the near future.
For banking, the future of bitcoin is actually a blockchain technology. Coins may change in the future but blockchain remains a major driving force.

[musta5a]

Nowadays more investors  are investing on cryptocurrencies because they want an easy life. Cryptocuurencies help them make life easier especially in paying their bills and making different transactions online.

that is the point, as anyone can open an account. If this is not the future, then I don't know what is. People need to be resposnible for their own decisions, not the banks and governments.

[Tirexico]

In my opinion. bitcoin can replace local money when we transact digitally and can we use transact with other country without having to exchange our money to destination country.

[removebeforeflight]

Agree. Bitcoin is the future currency and it is the future of banking. As you can see from the altcoins that there are few coins which banks backing up them and they compete with other crypto in the market. For example you can take Ripple, this coin is backed 100% by banking system and this has large market cap as well.

[jefrihunter]

well i think no because bitcoin’s transaction cannot be regulated by anyone or any institutions. Its transaction occurs in the blockchain itself. It is like a peer to peer transaction that is being recordeed in it. Also in bitcoin, transaction are anonymous, there is no such thing as you will be identified who you are and what specific address you sent your payment to. In this case, it will be prone for illegal transaction and underground activities. I think bitcoin has its own purpose in this society and banks also have its own. But who knows what will happen in the near future and Bitcoin is not a future for the banking world but a serious threat to the banking industry as many investors choose to invest in bitcoin rather than save their money in banks. While bank investors are just a way to liquefy bitcoins into ordinary currencies

[phamnhan]

This is a very nice project

[Gyromancer]

I think that bitcoin could replace money as a transaction tool. But, it takes a long time. Now, not all countries accept bitcoin as a means of payment so I am sure to be recognized as a means of payment then bitcoin must be recognized in advance by all countries. The process takes a long time, maybe more than five years. Actually, if you look at the development of bitcoin now, bitcoin has begun to show innovation to be accepted as a means of payment. I accept the issue that bitcoin creates paper money and already has several ATMs. I think that it's a progress that deserves to be appreciated.

[Chaelbrin]

on the off chance that bitcoin replaces fiat cash totally I figure it can not, we know for ourselves to utilize bitcoin we should have web get to and different gadgets that can bolster and furthermore bitcoin costs are not steady, we likewise know not all spots can get web get to, and bitcoin additionally has no physical frame, I think bitcoin is more reasonable for long haul contributing spot.

[traderethereum]

bitcoin is the future of banking because people can manage their own money and they don't have to use any document to open the account. they only need a wallet to keep, saving, paying some transaction. but this will not happen if they are no agreement from the government and bitcoin is just for personal use for the daily life. I think bitcoin can replace money in a transaction if there is any integration from fiat to bitcoin and from bitcoin to fiat so people can easily to use bitcoin in anywhere and any places.

[jeffer8035]

bitcoin is the future fmi os the world bank but not to finance some country in crisis or governments if not to protect the money of people outside the system so that in a financial crisis in some countries that make people suffer the banks do not could take your money to save them as it happened here would save people not those who create those bubbles until they explode and take everyone around the bumps since we bitcoines would be our own bank

[makatia]

If it is approved by the government, Bitcoin needs a lot. I think the government can bring it back to the bank at some point.

[stayeduptolate]

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

I strongly this now that bitcoin is the future of everything, I mean bitcoin can bring the new era of digitalisation in this world and as we all know that bitcoin has the potential to be very great and has always proved its worth and we have millions of examples of bitcoin greatness. And we also know that many banks and countries are in against of bitcoin right now but if bitcoin will be legalised world wide then it would be beneficial for the banks also and will bring the development to the banks and for the entire world.