Bitcoin is it the Future of Banking ?

[CaptainKid]

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

I believe that bitcoin with its blockchain technology can be useful not only in the banking system, but also in other areas of business and activity. Also, there are all the prerequisites for the fact that in the future we will increasingly use bitcoin and other popular crypto-currencies, like the payment settlement.

[visionE2]

i agree with you that bitcoin is future banking because with bitcoin we will have our own bank and can make quick transaction to other people around the world with low transaction

[Ghondronk]

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

I feel that still it is too early to comment on it. It is true that the cryptocurrencies are getting popular among the people worldwide but due to the fact that there is no regulatory body and the less control over it by the governments, there is no or only slight possibility for your statement to become a reality. Yet, not in 100% but at least in smaller amounts, people use cryptocurrencies to make payments in several areas.

[Menawi12]

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

With bitcoin, we dont need banks because we can open account by our self. We can make transaction and transfer with others without third party like banks. I do believe bitcoin can used for payment in the future but i dont think it will replace our fiat money

[michellebson2]

I do not think bitcoin could be the future for the banking industry. There should be a common regulation between the entire banking world and the acceptance of all governments, which is very difficult.

[lamroinhau09]

Currently, some banks have accepted bitcoin in payment transactions, but that is a very small number, I think bitcoin now can completely replace the money in the bank transactions, hope In the near future so many banks can use bitcoin in payment.

[Tashi]

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

It'll replace some of our transactions and will be used as a payment unlike bring a banknote to pay. But, it can never replace our own currency since we use our currency or fiat to buy Bitcoin. It can replace our currency in some ways but not in everything.

[acsaocham22]

I think the Bank is the future of Bitcoin, you should think, if more and more banks accept bitcoin as a major currency in transactions and payments, then the future for Bitcoin is sure to be firmer. sure.

[macarong998]

I agree with your thinking, in the future banks will certainly use bitcoin for their transactions and payments, the convenience and high value of bitcoin will help banks to benefit more in large transactions.

[CandyIzDelicious]

bitcoin will not replace banks
I prefer bitcoin to be called digital assets rather than currencies, bitcoin is digital gold..

[draacubile328]

Bitcoin is unlikely to become the future of banks, banks will not venture to use bitcoin for their transactions and payments.

[kosaymoive333]

When the whole world accepts bitcoin as a common currency, bitcoin is the future of banking, I think this will not happen.

[moinguoi5c333]

No, I think bitcoin does not affect the banks so much, the future that banks need is people and economy, not bitcoin.

[bitterdog]

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

In my opinion, even if in the future, i think banks and bitcoin will always be on the different paths because of the different system that they both used. Bank is the form of centralized financial system, and the bitcoin is the opposite : decentralized system. So, i think bitcoin can not replacing the role of bank and vice versa.

[iranman]

If you fantasize and represent a distant future. Then, of course, one can imagine that bitcoin or something like that will replace phiatic money and the banking system as a whole. Everyone will have their own digital key, which will be a wallet and a document certifying the identity and many more different functions!

[Gypat]

It is gradually taking over online transactions and may infiltrate offline transactions  more rigorously in the coming years but I don't think complete replacement will ever happen.

[thithoikochoi123]

I know bitcoin has been used to replace money in transactions, however, so that banks fully accept bitcoin in their transactions and payments, it takes a very long time, maybe bitcoin in the future will. is the main currency in the transaction.

[Antonina]

if bitokoyn completely replaces fiat money, I think it's impossible, we know that to use bitkoy we need to have Internet access and to other devices that can support, as well as the prices for bitkoyn are unstable.

[chromosomes]

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

We can't really predict what will happen with bitcoin in the future. There's a large possibility that it will replace money in the future when it comes to banking but having the fact that bitcoin has been illegalized by many country makes it harder to claim that it will happen sooner or later. We should keep on supporting so that we can make things possible and benefit us all.

[thithoikochoi123]

Bitcoin can replace the money in the transaction, but bitcoin cannot be the future of the bank, the number of people knows bitcoin very little, the number of bitcoin users to trade less, banks pay more attention traditional money rather than bitcoin