Bitcoin is it the Future of Banking ?

[Napole0n]

I think so, bitcoin is the future of the world transaction system so it is worthy of being a long-term investment, it certainly makes banks will make bitcoin as their products and services so that it is available in banks immediately.

[Giardina]

Cryptocurrency is increasingly conquering the world,bitcoin is developing and its volume is increasing, and more and more people are interested in it. The transaction is very simple to execute and this is a big advantage, but to replace Fiat money, the government needs to be interested in it.

[icreative998]

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

I think it can replace the money in the transaction, but can not completely replace the bank. Because the bank is a place for money or a place to make money easily circulated by a country so it is difficult to replace it and without it, everything will be very chaotic.

[gilangIDR]

If Bitcoin can develop and the government supports Bitcoin then that is not impossible.
Until now Bitcoin is a form of currency digitization, therefore it is possible to use Bitcoin in a system like a conventional bank.
Even bitcoin has many advantages compared to others, speed and security is a thing that is a plus value owned by Bitcoin.

[Gunawan82]

I truly hope this is the case but I believe banks to be a tougher adversary than the media companies. My greatest fear for bitcoin alongside government regulation of the crypto-fiat boundary is market manipulation by a collaboration of banks or even governments. The US Gov created a 'Gold club' in the 60's that comprised of several governments. They tried to keep the price of gold below $35 an ounce for about 5 years until they had to abandon the plan as it cost too much. I fear a similar situation could happen to bitcoin.

[deepakg2m]

Though BITCOIN is a very good transaction medium and has a lot of advantages but there are few things which can never be replaced. Paper money is also necessary along with cryptocurrency to be used in daily life. So BITCOIN can grow but will not replace paper money.

[Zabzab9]

I firmly differ bitcoin related with the bank, or do exchanges through the bank, in light of the fact that the bank has its own particular framework, particularly in deciding the premium.

I trust you know about what you figure, we will feel swarmed if bitcoin is associated with the bank ..

[blockdragon]

The banks have so many different functions and bitcoin has nothing to do with banking and can not perform the functions of banks. Bitcoin can serve as a way of payment and as a way of making transactions and I don`t beleieve the other functions of bank.

[Jimitieu]

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

  I do not think it will replace the bank, because the bitcoin is different from the bank. Bitcoins are considered as valuable, and banks are places of value. As bitcoin can become something to exchange, it is very likely to happen

[ridho002]

The banks have so many different functions and bitcoin has nothing to do with banking and can not perform the functions of banks. Bitcoin can serve as a way of payment and as a way of making transactions and I don`t beleieve the other functions of bank.

They will be very different because the Bank will never agree with the existence of Bitcoin because there is no interest from the money you have or tax deductions.

[coinpool_de]

Well, everyone asks these kind of questions from the beginning of crypto. In my eyes, banks are totally different thing. I think the future is not clear enough to guess what will happen. Time will tell the true power of bitcoin and other cryptocurrencies.

[policeoo]

Bitcoin is certainly the future of all of us. It is the whole new technology that has so many advantages and functions. Everybody will benefit from it. It is the fastest technology on the market.

[military]

I think that in the future banks will use bitcoin for internal operations. Perhaps they will give loans and take for %. We'll see how it's will be, it's hard to say specifically. All is not very permanent. Even if this happens, it will not be soon.

[walcott]

Bitcoin is not the future of banking . However , the banking sector will further witness a massive disruption due to the the introduction of blockchain technology .

[splash914]

It is unlikely. Rather, bitcoin (or another decentralized currency) is something that can bank banks ... or at least greatly change them .. but this is definitely not going to be good for banks)
In general, banks can lose their meaning ... and very soon

[conceivedspoon2]

Bitcoin may not be really acceptable around the world in real terms but it has increased transactions of people around the world. Over times, bitcoin is well trade big time all around the world.

[saumang2m]

I do not think it is possible because in today's time, the people have more faith in the banks. They find their money more safe in the bank.But maybe it is possible in the future.Also, when people around the world adopt Bitcoin as a currency.

[hammo]

 People don't know that if you're a good handler of bitcoin, it can secure your daily life. So much for that, bitcoin can do so much in transactions online but might not replace the tangible one.

[Anamika143]

Bitcoin is very popular currency in online market. At this time some bank accept bitcoin in their payment. But many countries bank are not accept bitcoin, they think it's risk. I hope in future all bank accept bitcoin in every country, it will be soon.

[xysheeh03]

I think this is possible however not all country is allowing bitcoins into banking since there are changes on its price time to time, a much inconsistent change in banking. But i think there will come the time that some country accepts banking of bitcoins.