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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5828 times)
sitnibtc
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June 29, 2018, 02:42:33 PM
 #221

there is a little chance for banks to adapt crypto i think due to lack of control.
anilsaini0327
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June 29, 2018, 02:58:20 PM
 #222

I don't think so that bitcoin will be able to replace fiat in the banking sector. Yes bitcoin has other important uses and it could be used as a source of payment. But still it has a long way to go.
northstarh
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June 29, 2018, 02:58:52 PM
 #223

I do not think bitcoin will be the future of the bank. It can not replace fiat. Bitcoin is a non-focused currency, the government can not control it. So, many countries have banned bitcoin.

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meritbygrace
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June 29, 2018, 03:13:07 PM
 #224

Who knows,everything is possible under the planet.But remember change is constant...But in future i supect bitcoin.
cullen533
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June 29, 2018, 03:17:47 PM
 #225

I think that how Bitcoin has become popular, it can be understood that Bitcoin Banking can start. However, if you can build confidence in Bitcoin in Baramon, it will be very good. Because everyone will invest Bitcoin. The demand and popularity of this will increase. So, in future, Bitcoin's banking may be launched, maybe maybe.
afraaminbd
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June 29, 2018, 03:23:51 PM
 #226

I strongly believe that Bitcoin will the future of Banking because many banks have been developing their blockchain for future Bitcoin transaction. If it happens, the would happen a revolutionary change in the cryptomarket all over the world and the use of Bitcoin will increase in a dramatic way.
Phyton76
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June 29, 2018, 03:25:01 PM
 #227

Base on my research, role of bitcoin international banks. Block chaim is one of the fascinating concept of bitcoin and this is bound to affect an industry that has often been known fornits age old operations and legacy record keeping. Bitcoin is a fancy bank as it can reflect the word of a client, creditworthiness client and prevent double transactions.
adhikari98
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June 29, 2018, 03:29:46 PM
 #228

i don't think so. Bankers and government do not have control over bitcoin. Though world may go into cash less transactions in few years and cash replaced by other digital transactions, i think banker and  government will create their own crypto currency so that they can have control over them and regulate the economy.
Gameroid
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June 29, 2018, 03:47:49 PM
 #229

Base on my research, role of bitcoin international banks. Block chaim is one of the fascinating concept of bitcoin and this is bound to affect an industry that has often been known fornits age old operations and legacy record keeping. Bitcoin is a fancy bank as it can reflect the word of a client, creditworthiness client and prevent double transactions.
Yes currently most of the people are thinking that it many not be possible, but no one know about the future, and i think that if the popularity of bitcoin will continue so rapidly then i think that very soon banks will also start accepting bitcoin and therefore more chances are that bitcoin will become the future of banking, i think that more chances are that bitcoin will become the future of banking.
callmeback
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June 29, 2018, 04:34:18 PM
 #230

I think that very soon banks will also start accepting bitcoin and therefore more chances are that bitcoin will become the future of banking, i think that more chances are that bitcoin will become the future of banking. 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.
aryadiningrat123
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June 29, 2018, 04:59:44 PM
 #231

Maybe I read about bitcoin in the future and maybe many will also use bitcoin as their transaction tool and they will also use blockchain to store all their transactions may bank will use cryptocurreny in the future
isabuhay
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June 29, 2018, 05:04:56 PM
 #232

It can't be. Since the price of bitcoins constantly change that follows the transaction fee.
Tylev
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June 29, 2018, 05:35:13 PM
 #233

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
In my opinion, bitcoin has nothing to do with banking and nothing can replace it. First of all, stability of the money used is essential for bank settlements. Bitcoin has such a high volatility that it can not be allowed to go to the cans for a cannon shot.
The main function of banks is financial and credit. Bitcoin can not perform such a function by its nature. Therefore, bitcoins and banks, these concepts are very different in their purpose.
GeckoTrader
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June 29, 2018, 05:51:09 PM
 #234

I believe that ripple XRP will be the future of banking and not Bitcoin but I believe that Bitcoin would still be the King of Cryptocurrency. As of now Ripple is almost replacing SWIFT. Its only a matter of time when ripple take charge most of the banking sector. As of now they already closed a deal with so many banks.
Btcepenbob
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June 29, 2018, 06:10:45 PM
 #235

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

Well, I think bitcoin cant necessarily replace banks but it can be a form of wallet which we could store our savings and can be our assets.
Ethan Argu
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June 29, 2018, 10:28:09 PM
 #236

Maybe we can have bitcoin banking but to replace it as a money it is impossible because banking of money is a huge broad in a community. We couldn't replace it becausr its a part of our culture and also its a part of human bieng also on our history. Its difficult to replace it many some people will against on that especially businessman, also in a govetment sector.

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June 29, 2018, 10:34:40 PM
 #237

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think transaction of money is already have in bitcoin and other cryptocurrency, but for me, although bitcoin is very popular, bitcoin will not replace banks, Why? Still there are people that are want the old ways and doing what they usually do since they are young.

alaskata
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June 30, 2018, 06:30:00 AM
 #238


I think to some time, it will be like this.Bitcoin will once reached the bank stage. The demand of Bitcoin is very much. I think the government can bring it back to the bank at some point.
mkcube
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June 30, 2018, 06:33:48 AM
 #239

Bitcoin is not the future of banking because bitcoin will only reached bank for the withdrawals of the money. And the bank also looked for the transactions per person if it is abide the anti money laundering act.
Ozero
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June 30, 2018, 06:53:51 AM
 #240

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin has nothing to do with banking and can not perform the functions of banks, at least most of their functions. This is an ordinary universal coin that does not have any specific functions. Bitcoin also can not replace the national money of any state due to its high volatility and decentralized nature. He can walk along with national money, but not substitute them.
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