Bitcoin is it the Future of Banking ?

[jowabol]

I emphatically 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 .. !!

As of now, organizations tolerating exchanges in bitcoin utilize Bitpay to change over bitcoin to cash. So regardless it comes down to cash. Bitcoin won't trade cash for exchanges at any point in the near future.

For keeping money, the future in bitcoin is really the blockchain innovation. The coin may change later on yet the blockchain remains the principle main thrust. In the event that the blockchain gets adjusted to our eveyday exchanges, it will supplant banks as we probably am aware it. You can hold boundless measures of coins in your wallet and have different wallets at that. Exchanges will be end-to-end. No more atm's or passbooks. In any case, it's as yet far to go before these happen.

on the off chance that bitcoin replaces fiat cash totally I figure it can not, we know for ourselves to utilize bitcoin we should have web get to and different gadgets that can bolster and furthermore bitcoin costs are not steady, we additionally know not all spots can get web get to, and bitcoin likewise has no physical shape, I think bitcoin is more reasonable for long haul contributing spot.

That being stated, I don't figure Bitcoin can really supplant fiat. I am of the assessment that our most ideal situation is that they exist close by each other. That likewise implies banks won't really kick the bucket, yet they'll certainly be less powerful, which is a change I think the world frantically needs. Having the alternative to utilize Bitcoin or fiat is additionally better for the customers, as they can have the best of the two universes without really relinquishing anything.

Bitcoin is the eventual fate of saving money? Lol, it's more similar to Bitcoin is the finish of managing an account. The mass reception of Bitcoin would mean individuals need to depend on banks less. Individuals are not going to need to depend on an outsider to keep their cash for them any longer.

On the off chance that this condition proceeds for quite a while which is bitcoin has costly exchange charge, I figure it won't occur. Indeed, even today exchange expense in the banks is still considerably less expensive than bitcoin.

vIt would be conceivable since we are presently in a computerized age where everything should as of now be possible on the web. Who knows couple of years more from now paper money will never again exist.

Here the majority of the clients propose the exchange charge as a noteworthy issue, yet when the vast volume exchanges were mulled over the exchange expense is by all accounts low. Clients who make huge exchanges lean toward bitcoin over the banks. As a section a few banks far and wide has begun to utilize bitcoin for exchange purposes.

I may state yes its incident now Bitcoin exchanges are made by carefully trading and managing an account administrations . be that as it may, not change the typical customary saving money administrations offered by a bank.

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[MiukoOk]

I hope it can happen. Where the future Bitcoin can replace the current conventional currency.
All banking transactions that can be executed through Bitcoin instead of other currencies will look a lot better. Allowing people to send Bitcoins, BTC cash machines will also be available. And a lot of other things that can change ...

[wtbhitlv]

It is not yet possible to make a precise judgment, but it is certain that Bitcoin will promote the improvement of banking business, and we believe that Bitcoin will make our future economy more free and open.

[daringkhan30]

Bitcoin can further be seen as a currency as it possesses three properties that define a currency: hard to earn, the supply is limited and easy to verify.

[blueteam09]

Bitcoin may not be the future of banks, and it can not change the world economy. But Crypto can do that, think of your future as an investor, and you can use your investment as a payment method, which is excellent. I look forward to a future 4.0.

[jamota]

In the future fiat currencies will no longer exist. Only digital currencies will be used for transactions. This sign is already here. Some of the world-renowned operations co. Accept crypto currencies for their products because of efficiency,

[Zalaster]

I do not think that a symbiosis of the bank and bitcoin is possible, at least until the bitcoin price stabilizes. But on the other hand, if bitcoin became part of the banking system, it would be convenient for holders of crypto currency.

[Kuchiyose]

Bitcoin may not be the future of banks, and it can not change the world economy. But Crypto can do that, think of your future as an investor, and you can use your investment as a payment method, which is excellent. I look forward to a future 4.0.

If you are going to look forward to a big thing in the future it will have a long and time consuming process to make a big change. All this will be noticed by everyone.

[munareal]

 I do not see bitcoin replacing the banks in the nearest future. Mainstream society is still not ready to use bitcoin. Though there is the massive adoption of the use of cryptocurrencies as an investment. Most people that own bitcoin crypto coins do not use it o transaction but as an investment

[victorski]

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

I feel right now that it is less possible than anytime before, so really bitcoin is far far away from being a replace of existing economy system. I think that we will just destroy the system if bitcoin will take place right now.

[DrGuns4Hands]

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

Impossible, it would really be difficult to change fiat into bitcoin. As we know that banking institutions are against the used of bitcoin as means of currency in a transaction since it provides a negative impact on the status of domestic equity and rights as to monetary consideration. Thus, it is really impossible right now that the domestic banking system will accept payment of Bitcoin. But, there is a banking institution that may be able to use bitcoin but not at the same time. Why? bitcoin is costly, especially for transacting pays.

[poli_btc]

Years still 20 possibly can when I start flying cars and space travel will cost 20$. In the world of cryptocurrencies everything is possible.

[Markettoken]

banks or governments do not want to take risks by replacing fiat money due to lack of bitcoin control

[discoverblockchain]

It seems that blockchain will have a big impact for sure.

[hajimasan]

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

Earlier I was thinking that it is not possible for bitcoin to replace the traditional banking system, but after the time change and views change by the different countries and different banks ,to adopt bitcoin directly with banking system , clearly showing that what a bright coin bitcoin have .
Recently I heard about two banks in Switzerland who started a direct connection of bitcoin with bank direct transfer ,and second news that is from.mine country that the banking sector are preparing a technology of banking system with bitcoin algorithm technology which will make bitcoin like technology with traditional banking system and that will make bitcoin more better and to have connection with the traditional banking system then what the condition of banks are today .
So clearly here more chances are that in the future we will use cryptourrency instead of the traditional fiat payment option .
But for such things a better rules we need to have to apply that will be helpful to make every type of payment fully transparent that frommwhere it is coming and where It is going and for what reason as usual in case of traditional banking system .

[Jay51]

Definitely not. In no way that Bitcoin can replace money in transactions. Bitcoin is another choice for users wanting to sending money, but in the end, people still like fiat money than any kind of money, Bitcoin included.

[teklang01]

Perhaps in the future, but for now it is a good option to send money to anyone to anywhere in the world where the bitcoin is legal.

[solarsenal]

Bitcoin may not replace future banking now but it will break the monopoly of banking system

[Catch-22]

Bitcoin will be part of the future in banking. Banks will incorporate cryptocurrency in their portfolio of services they provide. No need to get rid of something. Bitcoin can coexist with just about anything.

[people12345]

For me, i dont think that digital money specifically bitcoin will replace the money in government bank because bank that under government have a own system, own transaction and i believe that digital money isnt easy in terms of transaction because theres a lot of procedure you should follow a lot of risk you would take.