Bitcoin is it the Future of Banking ?

[BryanRoseWalker]

I see bitcoin becoming the future bank with the introduction of blockchain which allow transactions  for the transfer of Bitcoin and other cryptocurrencies in a peer-to-peer fashion, without any intermediaries involved is a good sign that with time it will

my question is whether blockchain can be applied perfectly in conventional banking, how do they guarantee cases of mis-sending money, or massive fraud in every personal case and its relationship to the ICO?

many are still asking about the feasibility of this system, but if it only functions for transparency of non-financial data, Blokchain has its own advantages.

[esteam0115]

It is a known fact that Bitcoin has the potential to bring about a major change in the banking and investment industry. So yes, I think Bitcoin could be a future for the bank. I also think it will be very early if the electronic money is legalized in all countries. In the future with the variety and convenience Bitcoin can substitute for banking transactions

[kapitansugat]

I don't think it will happen. Banking and bitcoin can't go hand in hand because it contradict each other.

[carolynmino]

Bitcoin can be used as alternative form of currency. If it will be able to replace the fiat currency, i think not too soon.

[airbamboo]

There are too many other points and difficulties in talking about bitcoin and banking

[ICOKite]

Many alternatives have come up for Bitcoin called Altcoins. For Banking, it is not the issue of Bitcoin or Ethereum but the underlying technology called Blockchain which powers them. Blockchain will definitely have a big impact on banking but the same cannot be said for Bitcoin alone.

[milandres0207]

Well, there are many transaction that bitcoin has and replace the fiat which is more easy than the traditional way of using our local money. Like on banking, we can hold our crypto and in a long time we can hold it with a big profit compare to bank that the profit is very lowest even holding in a long period of time

[Akeeto]

No. Bitcoin high volatility hampers it from being a reliable methods of payment. Therefore fiat money is still needed and transactions provided by banks are still indispensible. Also, I don't think governments are willing to replace the money the Central Bank issue by an infancy cryptocurrency

[Akeeto]

I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain.

[rickyNmorty]

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

This is possible to happen. In which the banks will start accepting bitcoin. With this they can both benifit. When the time comes that people will use bitcoin as a currency then it is about time for them to go with the flow and accept bitcoin. Everything will come to change. With thi bitcoin is there to help us for the brighter future.

[ganlianshifu1]

Blockchain technology allows people around the world to pay without being bound by any borders. It does not require third parties such as banks to complete payments quickly and at low cost, no matter where they are.
BTC and cryptocurrencies will accelerate the change in the banking industry!

[nightxglow]

Maybe there might be a chance for bitcoin to be accepted by banks and even being used as one of the bank services. But still, if the government doesn't support bitcoin, it might be hard for it to enter bank.
And if bitcoin is more common and used by many people, and well world changes until we're finally using digital money as our currency, then it might be the time for bitcoin to be used to transact instead of money. It might happen later in the future, but not in this near future i think.

[Wall_Streeet]

I think the time for bidding isn't over yet. you can buy at 50%, and the other 50% to trade

[brylle34]

bitcoin can replace fiat as money transfer that is happening now, but bitcoin as the centralized money? it will not because of the volatility bitcoin can only be use by trading or general exchanges or money transfers, what we should value more is blockchain.

[Mao siro]

I agree that Bitcoin is made by transactions and exchange, payment and banking services. The people of the world who are taking Bitcoin are enjoying the benefits of Bitcoin through banks.

[indriyanti]

BTC will not replace the bank but will be the second choice for everyone to use in the future. the bank has its own system, especially in determining the interest and the spider, because we are now in the digital era where everything can be done online and easily

[mark 5]

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.

[Haoque89]

The future of a bank that accepts bitcoin depends on the bank's vision and the bank's acceptance, a low-cost bitcoin with low transaction costs that is beneficial to those deals our

[Asusnumbaone]

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

I think its depend on the situation because we all know that the bitcoin price is always changing and because of that banks will have difficulties to handle this currency and the transaction will not clarify. Banks should know how they handle the situation to avoid lost of money.

[jakirdj95]

Well I do not think Bitcoin transactions can not be controlled by anyone or any organization by any person or Bitcoin. His transaction took place in Blockchain. It's like a peacock in the tracker, which is recording. Bitcoin, the transaction is anonymous, there is no identifying topic that you will be marked or may be who you send and send your Bitcoin payment to a specific address. In this case, it will be prone to illegal transactions and underground activities.But still, if the government does not support Bitcoin, it can be difficult to access the bank. Though there is no problem because of this.
And if Bitcoin is more common and used by many people and can not be changed globally and if we can not bear it, we eventually use digital money as our currency, but it may be time to use instead of money instead of Bitcoin. But we are hopeful.At the end, I can say no variation can be made to Bitcoin banking transactions in future with any accident and facility.