Lumberjackpj
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August 26, 2018, 09:31:41 AM |
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I don't think Bitcoin could be the future of banking, but blockchain could and probably is. Blockchain is very useful in controlling transparency and preventing fraud, thus it is very useful and banks might really need it. Therefore, Bitcoin, being a part of blockchain, might also become a part of the banking system. I don't understand the way it's possible, anyway  |
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Jupeter
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August 26, 2018, 09:35:40 AM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It has big chance that bitcoin can be the future of banking because day by day the popularity of bitcoin is increasing and i do believe that many more investor will invest with bitcoin so btc will be more stronger and it will develop faster, no doubt it can replace money in transactions. |
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crpytpublica
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August 26, 2018, 11:30:49 AM |
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I think that Bitcoin may not replace money in the near future, but It can stand on a par with the means of payment for any product or service.
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Kolikalex55
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August 26, 2018, 11:39:55 AM |
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I agree that bitcoin is a very great technology in our time and it will be improved in the future ! But for the banks is more suitable for the ripple I think.
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Leadership58
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August 26, 2018, 02:25:48 PM |
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I think it isn't because banks deal with feat not digital and also bitcoin doesn't need and bank. bitcoin itself is a bank.
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kalopaw
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August 26, 2018, 02:59:22 PM |
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I am not sure. it seems like that can't happen. If bitcoin has benefits for the bank then why do many banks refuse to recognize bitcoin? because after all, a country is very dependent on the circulation of currency, if bitcoin cannot be controlled by the government and banks then bitcoin will never be able to replace fiat money.
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Lucio19
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August 26, 2018, 04:43:14 PM |
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Blockchain technology is the future of banks! Bitcoin is just one of the digital currency success! The development and application of blockchain to life need more time and effort!  |
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roadwell890
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August 26, 2018, 04:48:42 PM |
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actually the benefits of BTC can already be felt, especially when we want to send money to someone who is hindered by complicated policies
BTC provides solutions to send funds quickly, safely and cheaply, so I think that this consideration will be used by the banking system to continue to be able to serve its customers
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shashikamal
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August 26, 2018, 05:37:33 PM |
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It is questionable always. We can't predict anything exactly. Crypto can be an alternative to FIAT but it is doubt that it will be replaced to FIAT. But should not forget that it has the potential to replace the FIAT. Imagine a world without internet & now almost every service is available in internet. Online payments were not a reality few decades back. But now where is has gone? No one can predict about the time frame but surely world is heading towards. When the infrastructure is set, World is developed with enough technology & Governments are set up terms & rules & stop manipulation, Cryoto ecosystem will be widely accepted all over. Surely there are few issues with security, Fluctuation, Hacking & scamming to sort out.
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gulshan1
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August 26, 2018, 05:49:19 PM |
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Bitcoin is the future of its own banking system and it is not working for banking system. And Bitcoin transfer system is open for 24x7 for all time for any body. Bitcoin is working like banking but is has different formula to run the blockchain.
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Peashooter
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August 26, 2018, 10:11:13 PM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I don't think that bitcoin would replace the money in the future. In the future I can say that bitcoin will help the money in the banks. It would be a team-up for the bank and the btc holders to regulate a fast and convenient transaction for the holders and investors. In can also build up a strong security for both btc and banks. |
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AlexandrInt
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August 26, 2018, 11:30:19 PM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Perhaps, watching the cryptocurrency now then Yes, it very much can be, after all development goes, and is visible to the whole world, and it any more not to miss, always the look falls on it. |
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Melchizedek1
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August 26, 2018, 11:47:43 PM |
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Bitcoin is not the future for now as the bank of the future. Bitcoin however, is going to revolutonise and completely transform the way we handle and transfer assets as a means of paying for goods and services.... Bitcoin will alongside fiat currency transform the financial landscape.
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naufals4
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August 26, 2018, 11:51:15 PM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
yeah i think bitcoin is the future payment, because bitcoin benefit is when you make transaction your identity can't be tracked cause the transaction just need the BTC address also right now the demand of bitcoin is really high day by day so the price go high significantly. i think it'll replace the money we carry right now. |
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Joe103
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August 26, 2018, 11:54:37 PM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
There is a possibility of Bitcoin and cryptos replacing the banks. But the future will tell. |
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doolittle
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August 27, 2018, 12:14:52 AM |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I Think that bitcoin will not go into banking in transfers. The maximum that banks will make it will issue bitcoin on credit at high interest rates. Altcoins will perform the function of transfers between banks. |
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BennyK
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August 27, 2018, 12:21:16 AM |
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Bitcoin has come to offer a lot of significance to our world of financing now. The future of most payment systems is with Bitcoin and cryptocurrencies, no doubts about that. Although the Bitcoin will not eliminate the banks completely, Bitcoin will cause a major disruption as both coexist.
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kyledavid
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August 27, 2018, 12:43:11 AM |
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i would definitely agree with this since i use bitcoin as my bank i do save my money in bitcoin because my money will earn great profit in the future though the market is too bearish but i still believe that there is something great will happen in the future . Holiday season will come very soon so better put your money now in bitcoin .
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EoNs_COIN
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August 27, 2018, 12:46:49 AM |
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IMO Bitcoin is not going to completely replace banking but rather be an option for people to use in the future. eg, at checkouts you will have the option to use bitcoin along with cash, credit card, debit card etc.
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CoinsGazer
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August 27, 2018, 01:27:15 AM |
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If Bitcoin replaces money and becomes the fiat currency:
1. the manufacturing cost is too high;
2. the price fluctuation is sharp (If your salary is one bitcoin a month, a bitcoin can meet your basic needs at the beginning of the month, maybe it can only buy two pounds of cabbage at the end of the month).
3. the money we now use is endorsed by the whole country, while how about Bitcoin?
So, I don't think Bitcoin will be the fiat currency and the future of banking!
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