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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5828 times)
Sijan677
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July 13, 2018, 07:22:36 AM
 #461

I thought it would never happen bitcoin will work with banks. Because banks are only self-interested with the insurance they make to make your savings decrease monthly.bitcoin is not the future of banking because bitcoin is the cryptocurrency thats every people do not about it so that if bitcoin become future of banking so that illitrate people does not do online banking. from my opinion it will not happen
microwave
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July 13, 2018, 08:13:19 AM
 #462

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

Yes that's possible because every year our technology should  continuously upgraded and the said technology will bring us to our journey in convenient way into progress for making fastest transaction processed that's why almost all transaction should be in digital process and the next is Bitcoin for payment transaction and totally Fiat money closed.
dashcollector
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July 13, 2018, 08:30:15 AM
 #463

It will never replaces cash completely. At least for next 100-200 years, this is impossible to be achieved all over the world.
Phyton76
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July 13, 2018, 08:50:23 AM
 #464

Bitcoin is the future of world, sooner or later all life related issues concern with bitcoin, government can delay its approval but cant ignorefor long time, its coming in our life with full fledged flow. The next bitcoin for payment transaction and totally fiat money closed.
pallang
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July 13, 2018, 02:25:29 PM
 #465

I don't think it will happen because Bitcoin can't replace fiat money in the future for they are different bitcoin is a digital money with the access of blockchain technology bith will exist.

ajoygb
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July 13, 2018, 02:33:29 PM
 #466

Bitcoin is the future of banking because it will resolve the barriers of banking system where in where ever you are or what time it is you can used it to any transactions without going to the bank.
mmo_online_1981
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July 13, 2018, 02:41:11 PM
 #467

Blockchain technology and altcoin will be the future of banking! Not Bitcoin! Bitcoin has been successful thanks to blockchain technology but the bank will not use Bitcoin as its asset!
blackandred
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July 13, 2018, 02:45:19 PM
 #468

bitcoin is still in its early days . at this stage , bitcoin will coexist with the bank . banks are backward financial systems . in the long run , it will be replaced by encryption
Dadaro
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July 13, 2018, 03:07:00 PM
 #469

I want to agree but there are problems that must be solved first, the scalability transaction of bitcoin. it's too slow compared to the banking system that we have now. but I don't have any doubt about blockchain technology being the future platform for new payment transactions.
Leezee
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July 13, 2018, 03:28:14 PM
 #470

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
for now bitcoin can only operate side by side with money, it will take a while is at all it will replace money
Valer4ik
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July 13, 2018, 03:32:06 PM
 #471

Bitcoin has one way to become the world currency of the Internet, sevit and L.N. Make convenient calculations for goods. I want to see what the moral principles of traders on Wall Street will be with the fall of indices during the crisis, it is thought that unlike hooplers who keep bitcoin in spite of everything, they quickly change their shoes and then see what price bitcoin will take off.
jovs
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July 13, 2018, 03:57:59 PM
 #472

I think bitcoin has a greater chance to stand on transaction within the used of banks because it has its own blockchain system that make and support its transaction throughout the internet. It would be a great part for it to support bitcoin by many establishment including bank for the support of the mass and for its future development.
iASIC
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July 13, 2018, 04:00:34 PM
 #473

Bitcoin very much has the potential to to take over all banking systems in the future, bitcoin is still in its infancy and has a long way to go before it can really take over all banking systems. What that means though is that right now is the perfect time to get into bitcoin.
Bitcoin is the future of banking. It shows a lot more convenience in the transaction than what the bank now does. It is also because of this that the bank also sought to fight Bitcoin because they have not found a way to exploit it effectively. Bitcoin will give users more autonomy than banks.
papasmurph
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July 13, 2018, 04:31:39 PM
 #474

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

In my opinion, this will be a very difficult task. There are a lot of other coins that perform more transactions per second than BTC. If the Ethereum project performs 1 000 000 transactions becomes a fact, I think there is no one to catch up with it in this area. Even VISA do less.

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flatnose101
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July 13, 2018, 04:39:08 PM
 #475

Bitcoin very much has the potential to to take over all banking systems in the future, bitcoin is still in its infancy and has a long way to go before it can really take over all banking systems. What that means though is that right now is the perfect time to get into bitcoin.
Bitcoin is the future of banking. It shows a lot more convenience in the transaction than what the bank now does. It is also because of this that the bank also sought to fight Bitcoin because they have not found a way to exploit it effectively. Bitcoin will give users more autonomy than banks.
well also depends on if bitcoin will may ever have to continue on what it may have to make some chances and perform on it as if now but if there is some drastically changes well i dont think so that we can be able to say that bitcoin can be the future of banking.
iamzill
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July 13, 2018, 04:42:25 PM
 #476

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
to replace the money I think will not happen, but if cryptocurrency is used for currency counsel in the banking may be possible. because now there are some banks that adopt blockchain technology so the future of bitcoin in banking can be useful.
Baijit20
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July 13, 2018, 04:45:03 PM
 #477

For banking, the future in bitcoin is actually the blockchain technology. The coin may change in the future but the blockchain remains the main driving force.I am at the same opinion like you that banking and Bitcoin are very different. Banking has control in the banks but in Bitcoin no third person involve in any transaction.
imteaz
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July 13, 2018, 04:53:45 PM
 #478

I don't think bitcoin can be term as future banking, as the bank is totally different meaning, providing services to the customer, store assets, etc etc but bitcoin is just a digital currency, which has inflation and price goes up n down.

KID_28
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July 13, 2018, 05:05:54 PM
 #479

Bitcoin can be used as alternative form of currency. If it will be able to replace the fiat currency, i think not too soon.
ichai
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July 13, 2018, 05:11:10 PM
 #480

Bitcoin can be used as alternative form of currency. If it will be able to replace the fiat currency, i think not too soon.
Bitcoin is the future but not the future of banking because it works so better. Bitcoin allows you to deal directly with partners without intermediaries. It completely removes the third party and gives you control, using your own free money. So banks are still fighting it more or less.

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