Bitcoin is it the Future of Banking ?

[cizatext]

Yes bitcoin is a currency and at that bitcoin is already money on its own, bitcoin is the digital currency that is mostly use for online transactions and at the same time bitcoin is an assets that operate on the blockchain technology and the future of all online transactions which made the blockchain technology the digital bank.

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[cryptokia]

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

It can be possible, but I think that first of all Bitcoin can become a worldwide payment methood or an alternative to the already existing one.

[Spaffin]

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

Bitcoin and banking are incompatible things. Bitcoin is not able to replace the banks, it is simply not suitable for this. The main function of banks is credit and financial. How is bitcoin going to lend to individual sectors of the economy? Yes, he himself is able to quickly adjust the economy of any state because of its high volatility.

[aniakopik]

I do not think so.
Cash is always actual

[Phinoy]

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 ?

We can say that it can be a future of bitcoin there are some speculation about it but if it's happen it would be a big contribution of bitcoin to our Bank's all over the country that bitcoin existing bank also have good benefits in it and bitcoin maybe can help banks get more progress if that happened more people also come into bank because lots of people have bitcoin it gives bank a credit.

[16sept]

Yes, Bitcoin will be used against the bank in the future. Usually, if we keep the money in the bank, it takes a yearly fee and there are many tasks to perform. If we save it by bitcoin, it will work like a kind of investment, and we can transfer it to our needs. Otherwise Bitcoin security is very good and safe.

[Vickyrichy]

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

There is no doubt that the crypto community is growing day by day. This indicates the possibility of bitcoin replacing money transactions. Bitcoin provides an easy and fast way to transact funds to any part of the world.

[sureblinks]

i think it will be great;and this what i call advancement of digital payment. it will be a transition to real world financial model. most advanced countries are pushing for it.

[Jerzzz]

I don't think bitcoin is the future of banking, although many people now think bitcoin will replace banks, but now people are mainly speculating with bitcoin, and bitcoin does not have the power to challenge banks.

[delphic]

I think that in the near future this will not happen.)) People all over the world only recently got used to banks and the use of plastic cards. Many does not even know what a crypt is at all))) Therefore, even if this and it will happen, it's only in the future. For the sake of this, everything has been conceived. In the meantime, it's good that the world has already started accepting crypto-currencies and banks in the first place, because this is a direct threat to their earnings. In General, by and large, not Bitcoin, but blockchain is the future of Banking. And most likely soon it will be another coin, because of the large BTC commission and the small speed of transactions. I think even Ripple has a better chance in the future.

[Maruf Nazir]

bitcoin does not have the power to challenge banks. People all over the world only recently got used to banks and the use of plastic cards. if we keep the money in the bank, it takes a yearly fee and there are many tasks to perform.

[Kayuslawal]

Dont see this happening because the services banking is rendering is quite different from the blockchain technology, they will only adopt some of the blockchain tech into the use on their platform..

[Easteregg69]

Comparing apples and bananas. Are we ?

To some people it comes as a paradox that two not so similar things can coexist.

[ajoygb]

The rise of Bitcoin ATMs clearly demonstrates the advancement of digital payments. As a result, a transition to real-world financial models is being seen as Bitcoin and other cryptocurrencies become more common. So in this  People are not interested in banking as long as they have  cellphone  or other sources of communication and internet they can do transactions.

[icecream sandwich]

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

The ascent of Bitcoin ATMs obviously shows the progression of computerized installments. Thus, a change to genuine money related models is being viewed as Bitcoin and different digital forms of money turn out to be more typical. So in this People are not keen on keeping money as long as they have cellphone or different wellsprings of correspondence and web they can do exchanges.

[betty12]

It certainly might replace fiat in the future but fiat may then be optional in the coming age.

[kukurikapu]

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

I think it will never happen. Governments have a problem of putting their hands on bitcoin since bitcoin is decentralized. Still, a lot are expecting that thing to happen.

[AdamRay]

It certainly might replace fiat in the future but fiat may then be optional in the coming age.

Bitcoin shows that it has more advantages than the bank now. It makes the transaction process quick, efficient and very risky. Bitcoin also allows its users to have more control over their money, take control and use it proactively. This is the future of the bank.

[Lx2018]

Bitcoin can not absolutely supplant cash. It can be utilized as online exchanges as a greater amount of trade. Nations which government has prohibited Bitcoin cannot utilize it with the exception of in their own money. The administration, in general, won't absolutely acknowledge it since they can't control it.

[zoird]

Bitcoin will not replace banks. The reason is simple-Bitcoin can not be controlled. But for the banking system is important to control financial flows.