Bitcoin is it the Future of Banking ?

[Abdullah.dhariwal]

At this stage many companies and merchants and schools are now accepting bitcoin. but at the matter of using bitcoin as a currency at a large scale is i think somehow difficult. at this time bitcoin can not be use like VISA but i'm very hopeful that in coming few years bitcoin will develop its technology more and transaction time and fee will also be reduced. then bitcoin it can use as a transaction method and will replace current banking system

[yvuj101]

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

no no no, not a banking but system behind the banking i think.
it help banking for any transaction, fastest sending fund, transparent transaction
it's a breakthrough for payment gateway,

when we talk about banking , automatically we talk about the system behind it , and all transactions with bitcoin realised by Blockchain . so the blockchain is it the future of banking system ?

Blockchain is the future of the banking system, but not the bitcoin's blockchain. Banks will develop their own blockchain, and they will use it to cut their costs on transactions and to speed them up. Bitcoin (and other cryptos) has some time now to grow and develop before banks go live with their own upgraded system. They won't tell people that they have developed a new blockchain based system, but they will advertise that their new system is quicker and cheaper, and that's all what people need, they don't care about the back end. If that happens, that will be a hard time for cryptos

I do believe further banking on bitcoin assuming that holding is same as banking, by this means we have far of reach combined the two properties and ideas much better future awaits us emagine we have a good system in bitcoin and banking of good laws wow prosperous future.

[titan20]

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

Why not, it is quite possible. But before that, BTC has to greatly improve its system. To replace transactions with money, it has to be much faster and less expensive. At this stage, I think we can not talk about it, but it is quite possible for the future.

[hdtqisg]

Blockchain technology is the future of banks! Bitcoin is just one of the digital currency success! The development and application of blockchain to life need more time and effort!

[laiya94]

I don't think it will happen with bitcoins since bitcoin blockchain get some time to do transactions so it's a problem when we deal with banking.

[kennyle167]

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.

[justapache]

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.

I don't think so , the demands of Bitcoin don't come from the people who are using banks or bank services, it's all coming from the users that can't use the bank services so it's hard for Bitcoin to replace the bank in anyway.

[teamspike911]

Oh no, definitely not. Bitcoin and banks are things that are not compatible. Moreover, bitcoin is the biggest threat to the bank, like any other decentralized crypto currency. And it is for this reason that in many countries they are trying in every possible way to block people's access to bitcoin.

[main320]

I question bitcoin will be our future banks soon due of bitcoin is decentralized and there will be clashes if BTC would be supplanted banks, however I trust bitcoin will be one of the focal points of installment before long reason bitcoin is unknown individuals will pick bitcoin installment than banks installments that have numerous prerequisites previously sending cash abroad.

[Drakula]

I think not. Banks follow a regulated flow and system, while bitcoin  being decentralised, it works as somewhat incompatible to what the banks can do. Even if it improves and improves, it cant really replace banks

[Df9898]

yes , i think bitcoin will be future of banking because much people use bitcoin for transaction.

[Suffoc8]

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

I think bitcoin will not replce the fiat money but the users can have their own choice whether they will chose fiat money or cryptocurrency, this is great because today the users have their own choice to pick than using only a fiat money before.

[The Generics]

Bitcoin could possibly become a future banking because most people use bitcoin for transactions and a source of earnings.

[angchosenone]

I firmly differ bitcoin related with the bank, or do exchanges through the bank, on the grounds that the bank has its own particular framework, particularly in deciding the premium. I trust you know about what you figure, we will feel swarmed if bitcoin is associated with the bank .. !!

[Gheka]

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

Why not, it is quite possible. But before that, BTC has to greatly improve its system. To replace transactions with money, it has to be much faster and less expensive. At this stage, I think we can not talk about it, but it is quite possible for the future.

I do not think so, regardless of whether it can improve the transaction speed at a cheaper cost, it still can not be the future of the bank because bitcoin do not have people standing behind, more precisely, governments do not support it, accepting it would threaten the authority of the government, so most governments always consider it a thorn in their eyes. They did not remove it was a blessing, if it replaced the bank and became widely circulated currency, the government will probably be very headache, people will trade and even money laundering when bitcoin is anonymous

[Redbulle]

I think that's a good. Bitcoin is accepted in many countries and the people are regularly using bitcoin for low fees,instant transaction and anonymity.Online marketplaces also accepting bitcoin payments.So there's no doubt that it is the future of banking.

[greengate01]

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.

I agree,Bitcoin will be the future for banking because of blockchain.It helps our daily payment transaction more easier especially the payment.This will elimimate the ATM and other credit cards.That is why government are afraid in Bitcoin.

[ghost424]

We could actually look at it at that way because as time goes by Bitcoin is also being developed into something that we can use in our daily lives. Bitcoin being a bank might sound plausible because we can use it in transactions and we keep Bitcoin as savings in terms of Cryptocurrency. Thinking about Bitcoin being the bank has never crossed my mind but it is actually a great question because a lot of questions being asked is that if can Cryptocurrency or Blockchain Technology be implemented in banks.

[Thecryptocurrency09]

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

Replacing money transaction maybe a little bit blurry to sew but atleast the other way around would do so and it is the money transaction in banking. As time pass by we can see how bitcoin grow as a norm which may be a reason to patronise bitcoin for banking.

[Malamok101]

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

In terms of quantity of people using bitcoin and wallet it also spreads and receives banks bitcoin so there is a likelihood that it can be bank in future why not? because lots of wallet safe and secure.