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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5824 times)
Chuhuy61
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July 18, 2018, 07:03:46 AM
 #581

I think bitcoin future in banking.people who believe that the crypto banking system has great prospects in the future Shocked
Tohsigohay
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July 18, 2018, 07:14:15 AM
 #582

Why not, I believe the future of banking will use bitcoin as a tool for transactions. The world of technology has changed, and it's changed to cryptocurrency. The banking world will be forced to use that technology in the future.
jcarlo
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July 18, 2018, 07:34:59 AM
 #583

I think bitcoin can replace money as currency. Bitcoin is store of value and currency in the same time. Its like gold but in digital form. Bitcoin transaction doesnt need third party like banks. But it doesnt mean bitcoin will kill banks because banks must be adopting cryptocurrency to maintain their bussiness
djmixen
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July 18, 2018, 07:45:46 AM
 #584

In banking industry, when we put our money on it we help our economy because bank is use our money to invest in some company but out of our mind, we just holding our money without getting interest on it, they are the one who benefited, unlike on bitcoin that, when we invest on it we can earn on a short period of time so that for me I will choose bitcoin and I think Banking industry will lessen in the future.
DAVETUN
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July 18, 2018, 08:29:28 AM
 #585

Base on frequent approval of BTC it is quit obvious that BTC is the future of banking, the space is still evolving,  In order to remain relevant in this age, you must embrace the crypto,blockchain and Bitcoin technology s this is the real answer to the cashless policy revolution.
Sharon Borgess
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July 18, 2018, 12:59:31 PM
 #586

Bitcoin is growing and improving. It's more like a currency. Perhaps in the future it will replace the money in the transaction. But this will be a distant future
pumbum
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July 19, 2018, 10:36:48 AM
 #587

I think as a modern tool for exchange between banks cryptocurrency can take a certain place in the banking sector, only for this I think it should take 5-6 years. so far, in my opinion, people are not ready to use it, because it takes time for a person to understand the essence of this technology
dinhthin5446134@gmail.com
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July 19, 2018, 10:42:10 AM
 #588

I think it is very difficult for that to happen. Because Bitcoin has completely different properties from fiat money
jurelmartin
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July 19, 2018, 10:47:41 AM
 #589

I dont think so, our governments will strongly disapproved that because they cant just let everyone use money freely or use it whatever they wanted to specially bad things, governments wants in control of money or regulate it to avoid these such kinds of bad things to happen like money laundering and so on. Bitcoin maybe just a way of banking or an alternative for some, but it is less likely to replace our banking systems
ScarlettYoul
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July 19, 2018, 10:54:21 AM
 #590

The Future of Banking - it's so far tot talk about although it is very stronger now
bitfocus
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July 19, 2018, 11:08:18 AM
 #591

Banks are taking huge interest in Crypto world, and they will find a way to cut in and get profit someway, already SBI Holdings officially launched its in-house crypto trading platform.
https://www.bitcoinmarketinsider.com/bank-backed-crypto-exchange-finally-opens/
Boknoyz
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July 19, 2018, 11:09:49 AM
 #592

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.
nealdlover
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July 19, 2018, 11:24:03 AM
 #593

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin is not just the future of banking but can even replace and do better than what the bank can do. Bitcoin shows that it can help sessions move faster and still be safe. Ignore the third party and save some time and expenses unnecessarily.
dutchkay
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July 19, 2018, 12:57:21 PM
 #594

I really don't see bitcoin replacing flats and banks denouncing fiat and starts using bitcoin. Banks don't use what will not generate serious money for them. For banks to accept bitcoin they must have figured a way to earn a lot with it. But I believe they might adopt the use of blockchain for their services especially on fast remittances.
rindayle
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July 19, 2018, 01:35:34 PM
 #595

At the moment, bitcoin is definitely the main coin that can be used in the banking system. There are also a lot of new promising coins that can be used in the banking sector.
Tomborneque_1102
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July 19, 2018, 01:42:09 PM
 #596

It's possible to happen if the World is preparing to be a cashless society. imagine all the transactions are being made online. you don't need to bring physical money with you. but as long as fiats exist, and so are the banks.
yayat
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July 21, 2018, 05:07:41 AM
 #597

if bitcoin replaces fiat money completely I think it can not, we know for ourselves to use bitcoin we must have internet access and other devices that can support and also bitcoin prices are not stable, we also know not all places can get internet access, and bitcoin also has no physical form, I think bitcoin is more suitable for long term investing place.

agrees with you, because Bitcoin can be said to be his enemy from the Bank, it is clear and far different ways the work of Bank and Bitcoin. at the start of anonym and centralization.

and I hope Bitcoin is not made the Bank, because it will destroy its basic nature of Bitcoin itself as "cryptocurrency decentralized".
kiemtien7net
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July 21, 2018, 05:17:47 AM
 #598

Bitcoin has nothing to do with banking and can not perform the functions of banks I do not think Bitcoin can replace paper money in transactions. But it can be used in parallel with the current paper money.
yousuf5
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July 21, 2018, 05:35:55 AM
 #599

Bitcoin is totally the opposite than banks, there is no way that you can compare bitcoin to a real bank because they dont have anything in common. Blockchain could be the same as the red who is behind the banks, Banks don't use what will not generate serious money for them. For banks to accept bitcoin they must have figured a way to earn a lot with it. But I believe they might adopt the use of blockchain for their services especially on fast remittances.
Kwansimaa
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July 21, 2018, 05:38:54 AM
 #600

That is what so many people are speculating but we really can't be so quick and draw conclusions. We have to give it sometime for most of the governments all over the world to come into an agreement with this before we can move out into the cashless system

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