Bitcoin is it the Future of Banking ?

[wasdconcac]

In my opinion, I do not think so, the bank and the bitcoin look a bit alike, but the nature of the two is different.

[lepbagong]

According to the banal logic, bitcoin will never become a means of payment for the whole world due to its limited emis- sion and a large number of coins.

it seems that it will not be possible to be used as a payment instrument for the whole world, where every country has its own payment instrument, but there are still many countries that have not yet recognized

[bitfocus]

no, but the blockchain and crypto are teh future of almost anything in near future.

[Lexurdania]

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

Yes,I also think about it. People are also interested in online banking. Bitcoin will be the best platform for online banking. It is secured and its system is so good than others. It will be acceptable for all. Hopefully,we will see BITCOIN as a future of banking

Bitcoin is like banks. When people opening bitcoin wallet, its like we having bank account and its free withour additional charge. But to see bitcoin as future banking, its need long time because internet infrastructure in the world different on every country

[mr.bean865]

No It will not be future of banking as people believes in hard form and bitcoin is all in soft form so people will never trust bitcoin as they trust banks. Also loss chances in banks is very low as compared to bitcoin

[Underlord]

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

Why not? bitcoin has become mainstream now, in European countries bitcoin transactions have been supported by a number of bitcoin ATMs, the emergence of Bitcoin ATM clearly shows the progress of digital payments. As a result, the transition to real world financial models seen as Bitcoin and other cryptocurrency is becoming more common.
Even so, the role of conventional transactions cannot be forgotten because according to data in Feb 2018 shows that around 2 billion people worldwide and around 59% of adults in developing countries do not have bank accounts. But in some countries, cash transactions represent up to 95% of all transactions.
I think both of them have to run in balance, bitcoin which is an alternative transaction on a large scale that is given a digital transaction label, while conventional payment instruments are in daily needs.

[Mikebutler92]

It will be hard to replace fiat money and the traditional banking itself even with a revolutionary digital currency such as bitcoin. I believe traditional banking may adapt to the crypto world and will try to emulate crypto, but the crypto world will have a hard time taking banking system down.

[fianaindriati]

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

in fact anything can happen, but such actions I don't agree too. because btc is a digital currency, and cannot replace real currency. so if BTC works with the bank. then it will be more difficult for future transactions too

[mandut86]

I think no because bitcoin is a digital money and bitcoin no physical form and Bitcoin also can not replace the national money of any state.

[kyledavid]

for me it can be use in many  transactions because there are exchanger in our country that regulated bitcoin  and we use  it in paying bills online i do also save my money in bitcoin instead of saving it into my bank because bitcoin flactuates base on demand many people are engaging into this so i am sure that by  december 2018 price will flactuate so i still maintain my money in bitcoin because i consider it as my own bank

[wairawein]

Bitcoin can replace money in a transaction, only if it is managed by someone, then it will be used to trade in the bank.

[bp.comp69]

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

No, because later Bitcoin will become a rival Banking I don't think it will replace fiat because the government will not approve because there is no regulation they can have with Bitcoin. But again I can be wrong, anything can happen in this world.

[CrypTM]

According to the banal logic, bitcoin will never become a means of payment for the whole world due to its limited emis- sion and a large number of coins.

[Nicole Dias]

No, I don't think so. There are too many banks all around the world and they solved many things such as work of employees, storing money and lending money and so on. On the other hand, Bitcoin is created for several years ago. There are some disadvantages of bitcoin which makes people not accept it as a currency.  So, it is  difficult for Bitcoin to become the future of Banking.

[Gregory Brown]

Recently, in the world, some companies accept transactions by Bitcoin. However, Bitcoin can not replace money anyway. Money is popular all around the world for people from poverty to richness. If Bitcoin and money were exchanged, it would be difficult for the poor to use Bitcoin. I mean the ethnic minorities will not have conditions to research on BItcoin. Therefore, we still really need banking to contain money.

[Catherine Branco]

Bitcoin will be the end of banking if it becomes the future of banking. The reason why Bitcoin is not much popular for people is that bitcoin takes risks. Besides, they can not adopt to use this cryptocurrency.

[Raymond Robinson]

I see It will be possible in the technology of 4.0- the digital society. But  I think it will spend a very very long time to change. Once everything will be perform online, Bitcoin can do this. Yet, I also think that storing money wastes alots money as well as human resources to protect as bank. I wait for the future of Bitcoin.

[excolony]

No, i do not think so. Bank involves in real currency And Crypto cannot be excepted by Government

[Jhonthor]

I think it's too early to say that

[Falconmytyh123]

I don't know it will change physical currencies or not. But does not rule out the possibility to every people used bitcoin in future. But i hope bitcoin can acceptable in every countries.