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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5822 times)
harunal22
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July 13, 2018, 05:13:40 PM
 #481

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
i want bitcoin up running forever. and then used for currency several country.
deep4u
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July 13, 2018, 05:21:30 PM
 #482

As per we all know that Bitcoin is digital currency and bank has its own system that's why know body can what's going to be change in future. It not sure bitcoin is it the future of banking.
Testament28
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July 13, 2018, 05:34:44 PM
 #483

In my personal opinion, Bitcoin could be a possible alternative for cash. That's why it has the potential to be the future of banking in most of the countries it is accepted. A more convenient and hussle-free transactions over the blockchain rather than banking in the real world. Cryptocurrencies, especially bitcoin are slowly embraced by most people who are aware of it. Sooner or later, bitcoin's dominance will reach this state.
Andalusy
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July 13, 2018, 05:40:37 PM
 #484

Bitcoins will not replace money in bank transactions. Banks around the world will create their own coin and will grow them. I think bitcoin will be the same with gold and dolar will be a major payment method worldwide or they can replace paypal or visa cards for online payments. Yes,,  i think it will replace visa, replace gold value,,
pthnmj
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July 13, 2018, 06:24:44 PM
 #485

It can be happen if eveyone all around the world start to use Bitcoin. For using Bitcoin wallet everyone should have a mobile phone. As we all know now a day mostly people have mobile phone and everyone start doing small to big transactions by Bitcoin. So it can be possible that Bitcoin can be the future money.
SemaVaflist
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July 13, 2018, 06:27:43 PM
 #486

he future of bitcoin is actually blockchain technology, I strongly disagree bitcoin associated with banks, or do transactions through banks, because the bank has its own system, especially in determining the interest.Bitcoin and fiat money can only be complementary but can not replace each other. Fiat money works great for offline transactions and bitcoin works great for online transactions.
jjacob
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July 13, 2018, 06:28:50 PM
 #487

Bitcoins will not replace money in bank transactions. Banks around the world will create their own coin and will grow them. I think bitcoin will be the same with gold and dolar will be a major payment method worldwide or they can replace paypal or visa cards for online payments. Yes,,  i think it will replace visa, replace gold value,,

I don’t think banks will create their own cryptocurrencies. Banks are intricately linked to fiat, given their regulated nature. They may use Ripple or other cryptocurrencies at the Bank end to reduce costs, but won’t create their own cryptocurrencies. They risk angering regulators if they do so.


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Escan0r
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July 13, 2018, 06:35:57 PM
 #488

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

Will be a bank in the future that is possible. But to replace the original money will not be in a short time. Because today people need money more than crypto currency like bitcoin, because there are still many uses of the money.
PM.coins
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July 13, 2018, 06:50:43 PM
 #489

at this time it can not be said that bitcoin will be a substitute for money.
but in fact nothing is impossible if in the future it happens. considering the progress of technology is also increasingly sophisticated. I think it will take a long time.
reda
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July 13, 2018, 06:51:18 PM
 #490

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

Will be a bank in the future that is possible. But to replace the original money will not be in a short time. Because today people need money more than crypto currency like bitcoin, because there are still many uses of the money.

Nowadays world is changing digital way. So bitcoin is use the all process coming future. Most of the people wait for the future bitcoin bank. So people easy to use and reach the all country people. It good for the people growth. It easy to reach all country people. All people use the bitcoin and people try to learn more information. So people will be learn the bitcoin people get more information and improve the knowledge. It help to get the more project for future important.
Fishthatgirl3
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July 13, 2018, 06:54:22 PM
 #491

It will be. It offers faster and more secured way to send money (in the form of crypto).
It is right now not available everywhere but once people use bitcoin to purchase merchandises instead of cash, financial companies will build services and technologies around it.
Igromania
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July 13, 2018, 06:56:37 PM
 #492

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Sure it can. Why should people use banks if they are able to transfer any amount of bitcoins without any difficulties?
jak3
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July 13, 2018, 07:25:42 PM
 #493

It is possible that Bitcoin will replace the physical money very soon. But it is also possible that Bitcoin does not exist anymore because in the market there are a lot of Altcoins which can give better results in the near future but anyways the physical money is going to be replaced. I don't care what currency will be there but I want the complete freedom so I can keep unlimited balance in an account and use in any possible way, I don't want to be bound by the government or any authority, by the way, I am not doing any illegal stuff but still we can have our own security we can be our own Bank.
nick_nick
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July 13, 2018, 07:33:09 PM
 #494

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I don't think bitcoin can completely replace fiat money in all transactions. Bitcoin can be use alongside fiat money to improve banking activities; this because most economies haven't approve bitcoin for transactions. again people still need paper money to facilitate certain minor transactions that cannot be done with digital money
tombola_official
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July 13, 2018, 07:55:52 PM
 #495

Yes.I think bitcoin can completely replace fiat money.
korkor
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July 13, 2018, 08:03:17 PM
 #496

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin can replace transactions done with fiat/ money in some years to come. This can be done if the world is educated on bitcoin and blockchain technology and how this will make the world easier to living in. Bitcoin can only replace fiat in terms of transactions when about 70% of the world population accept and use bitcoin as a digital currency.
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July 13, 2018, 08:03:43 PM
 #497

I do not think that bitcoin will replace money in transactions and also I do not think that bitcoin will be associated with the bank. Bitcoin will not be controlled by banks or anything else. Bitcoin has its own way to continue to potentially and achieve a good future. That's my opinion.
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July 13, 2018, 08:12:19 PM
 #498

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think this word is less precise, more accurate is "Blockchain is the future of the Bank", just look how many Banks have started issuing their own crypto coins, and that is to rival the market capitalization of Bitcoin, because they are aware that the concept of Bitcoin's existing Blockchain technology is the future in transacting and the future of their business (Bank).

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July 13, 2018, 08:48:12 PM
 #499

I think it will require a long investment for bitcoin to supplant paper cash as the primary module of our money related framework, perhaps it will take a time to totally supplant that framework. Nonetheless, I beileve that bitcoin is really the eventual fate of our money related.
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July 13, 2018, 08:52:13 PM
 #500

 There is no chance for replacement, but it is possible that banks will add crypto currencies into their financial activity, such as storage and exchanging, but it's just my opinion the time will show how everything will change.
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