Bitcoin is it the Future of Banking ?

[kopamo]

I think bitcoin future in banking.people who believe that the crypto banking system has great prospects in the future.

[bitfocus]

The blockchain and Crypto are future of Banking, And I guess, Bitcoin will be used as Reserve just as banks keep Reserve in Gold or USD now..

[ubay]

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

When a person has bitcoin, he is the bank for himself. If you want to use bitcoin for any transaction can also, now many online stores that receive bitcoin, even Amazon has received bitcoin.

[adamlillian]

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

I think it will not be able to replace the money in everyday transactions. Because Bitcoin's prices fluctuate day by day and it will greatly affect the interests of customers. In addition, Bitcoin is a currency that uses Blockchain technology to trade and it can not replace cash.

[joshy23]

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

When a person has bitcoin, he is the bank for himself. If you want to use bitcoin for any transaction can also, now many online stores that receive bitcoin, even Amazon has received bitcoin.

The concept of being used as a currency already been deploy there are already establishment who uses bitcoin as a replacement for fiat, concept of being a bank also exist as you can save your own money and chances of gaining interest is possible as well, the only matters is there's few acceptance unlike with fiat currency where you can use any side of the world and there's still a lots of doubts since the value still fluctuating a lot.

[budakjawa]

it looks like it can be said that way because bitcoin is now able to save the most secure money is very secure and does not require a monthly fee.

[dark025]

crypto-currencies do not fulfill all functions of money properly. They are not money. But some of the functions perform very well, therefore they occupy their own niche in the global economic system. Undoubtedly, crypto-currencies will retain their place, but, like every new phenomenon, they must evolve.

[normal.80]

In the future, we will definitely have to wait for such events. the only question is the timing of all this waiting. but I think, judging by the speed of development of crypto, which is developing among society, I think that little remains to wait.

[thepers0n]

I think Cryptocurrencies can take a big part of the FIAT currencies' market and become a great alternative for them but they won't replace them. Of course they are easier and have a lot of advantages but they have to be developed

[ridho002]

In the future, we will definitely have to wait for such events. the only question is the timing of all this waiting. but I think, judging by the speed of development of crypto, which is developing among society, I think that little remains to wait.

It's just waiting for the right time and ready to see it happen. you should sit sweet to wait for that to happen.

[jmar925]

Bitcoin is the future currency but do you think its hackable?

[traderethereum]

bitcoin has a big chance to be a new currency but I am not sure that bitcoin is the future of banking because the bank needs to control the circle in the people or country economy. maybe we can call bitcoin as our own bank system because we can manage bitcoin by ourselves, we can send it to other wallet and we can receive another bitcoin from another wallet. but the best is we don't have to pay any tax like our account in the bank and we only need to pay the transaction and no one can access our bitcoin without our permission. maybe bitcoin will be a new currency in the future and it is not like the bank that we know before.

[GeckoTrader]

We all know the fact that bitcoin is the main in cryptocurrency world but I don't think so that he can be the future of banking. I am more confident if you tell me that it is Riplle XRP because its a matter of fact they almost replace SWIFT in banking sector which would lead them to conquer the banking sector.

[Akenosi]

It wont replace fiat currency in the coming future, bank will adopt and use use the blockchain technology in their daily job soon when they see the benefits..

[bogdasha07]

I don't think that one day (at least in the nearest future) the governments will agree to exclude fiat money from the system at all. Of course, I strongly believe that cryptos will be widely accepted but I don't believe that fiatmoney will disappear.

[Lalapo08]

In my opinion, bitcoin will not be the future of banking. Bitcoin and banking are a different world. They can not replace each other. They can only be complementary. Seeing the state of bitcoin now, I'm not sure if bitcoin can last longer let alone to replace the banking world. However, if bitcoin can make improvements by applying innovative contemporary technology then bitcoin maybe able to gain a place in the banking world. But, I'm still not sure about that, I'm more confident if the blockchain that will replace the technology used in the banking world without losing the name of the banking itself. If the underlying blockchain of the banking world then I am sure that the banking world will experience a significant increase.

[jhaymar]

I think Bitcoin is possibly part of the future banking. Someday, every bank transaction involves Bitcoin cryptocurrency or conversion of existing currency to different types of cryptocurrency.
As of now, some part of the world use bitcoin for payment transaction.

[Nick Abimanyu]

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

Bitcoin can never replace the fiat, as long as the government and the banks insist on refusing it, then as long as it's the fate of bitcoin will be similar to gold it only serves as an investment asset.

It wont replace fiat currency in the coming future, bank will adopt and use use the blockchain technology in their daily job soon when they see the benefits.. 

This's true even some has used it because blockchain technology's not bitcoin.

[Butchick]

We all know for a fact that bitcoin follows a decentralized system and it is somehow the exact opposite of the system that banks are following. Moreover, i don't think bitcoin will ever replace money though there is a possibility that the number of users will increase but since it follows a decentralized system, i doubt the government will give in to it.

[Zaibraid]

In my opinion, that will be the future of banking instead of bitcoin but it is a blockchain. As we know that bitcoin can not survive without blockchain whereas blockchain is a self-sustaining technology that can withstand the absence of bitcoin. I am sure if this blockchain one day will be able to replace the position of technology that is now used in the banking world. If banks use blockchain technology then customer transactions through banking will become easier and faster. We do not have to mess around the distance cross country. All banking transactions can be quick and easy. If banks can acquire blockchain then I am sure if the banking world will grow and get a lot of customers.