Bitcoin Forum
January 16, 2019, 01:16:11 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24]  All
  Print  
Author Topic: Bitcoin VS bank  (Read 1429 times)
TTITA
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
May 13, 2018, 02:55:24 PM
 #461

For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.

Do you think bitcoin will replace Banks in the future?
Cryptocurrencies especially bitcoin do not need banks, so i think bitcoin can only replace banks if the world will be a cashless society because banks will lose its purpose and cash will never be existed. Until there are still physical money, banks will still exist and cannot be replace by bitcoin.
For this reason some technological thinkers are very enthusiastic about digital currency, because banks will only monopolize the financial system with its one-way practices.
although it is to replace it for a long time, because we have been accustomed to using cash rather than start studying digital money technology.
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
1547644571
Hero Member
*
Offline Offline

Posts: 1547644571

View Profile Personal Message (Offline)

Ignore
1547644571
Reply with quote  #2

1547644571
Report to moderator
7Dyoknga5
Jr. Member
*
Offline Offline

Activity: 210
Merit: 1

dApps Development Automation Platform


View Profile
May 13, 2018, 03:02:39 PM
 #462

For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.

Do you think bitcoin will replace Banks in the future?

Banks accept loans, would bitcoin do that? That's one of the banks function in the economy. It efficiently manages depositors and borrowers that gives a big contribution to the economy.

Bitcoin as investment could possibly offer to what others call a financial freedom by earning through stock system of currencies, but without money to buy investment there's is no bitcoin bank that we can apply loan for.

▬▬▬▬▬▬▬⬢          Buddy          ⬢▬▬▬▬▬▬▬
Decentralized Development Automation Platform
▬▬▬▬▬▬▬⬢ token.buddy.works ⬢▬▬▬▬▬▬▬
ficihch
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
May 13, 2018, 03:13:15 PM
 #463

I think that bank has system and It will go on with Its system. Bitcoin has system and it will  go on with its system.  Bank is a finance system that everybody knows about it for a long time ago till now. Bitcoin is one of a new finance system that not all people know about it. But in the word all possibility can happen. What we think that it will not happen today, It will can happen for the Future
Mikejones64
Newbie
*
Offline Offline

Activity: 86
Merit: 0


View Profile
May 13, 2018, 03:14:36 PM
 #464

For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.

Do you think bitcoin will replace Banks in the future?

I think bitcoin wallet might replace banks in the future but not totally. There will be banks but people will prefer crypto wallet. And i guess bank and cryptocurrency will make a way to be as one. Hoping everyone of us will grow together as bitcoin grows.Smiley
Froloff92
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
May 13, 2018, 03:24:35 PM
 #465

I don't think that it makes sense to compare bitcoin to the bank because if you will use bitcoin then it is just for mode of payment and not for storing money for safety since it is also risky and volatile.
MakLampir
Full Member
***
Offline Offline

Activity: 280
Merit: 100



View Profile
May 13, 2018, 03:25:21 PM
 #466

There is no competition for me. Like i said for me bitcoin cant replace bank. Its way too far to happen. Bitcoin only exist virtual world. What about those laid back people living in a certain country eho is not aware of thse or doesn't even know how to use computer and all. Bitcoin and bank have different functions so there is nothing to argue about this.
Homaun Kabir
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
May 13, 2018, 03:26:30 PM
 #467

I think Bitcoin will not be replaced by the public or the bank. Because some of them like Bitcoin do not have control over them. But yes Bitcoin can work parallel to the bank.
Stephen1989
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
May 13, 2018, 03:32:40 PM
 #468

Watch out For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
U20
Full Member
***
Offline Offline

Activity: 448
Merit: 103


Comprehensive Blockchain Billing Protocol


View Profile
May 13, 2018, 06:08:50 PM
 #469

I think it is very difficult for bitcoin. because the banks guarantee your money, however the bitcoin has a flexible price fluctuation. So bitcoin is a good investment tool like digital gold. I think there isn’t a competition between BTC and Banks.

╔══ // PumaPay //  Comprehensive Blockchain Billing Protocol   // PumaPay // ══╗
╠════════════  Telegram ─── Bitcointalk ─── Bounty ─── Join Here   ════════════╣
A free blockchain protocol that makes crypto billing accessible to every business  ╝
ryzaadit
Full Member
***
Offline Offline

Activity: 532
Merit: 100


THE ENERGY EFFICIENCY PROTOCOL


View Profile WWW
May 13, 2018, 06:21:54 PM
 #470

There is no competition for me. Like i said for me bitcoin cant replace bank. Its way too far to happen. Bitcoin only exist virtual world. What about those laid back people living in a certain country eho is not aware of thse or doesn't even know how to use computer and all. Bitcoin and bank have different functions so there is nothing to argue about this.
Yeah you right but atleast bank can using a technology blockchain for some purpose, for opinion like Bitcoin can change the bank i think its really imposible. But for using payment gateway, bitcoin can be alternative currency

tamarindbleu
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
May 13, 2018, 07:53:10 PM
 #471

I think it is very difficult for bitcoin. because the banks guarantee your money, however the bitcoin has a flexible price fluctuation. So bitcoin is a good investment tool like digital gold. I think there isn’t a competition between BTC and Banks.
Well right now there is no doubt that bitcoin is can be the future, even that bitcoin is not yet popular and known by a lot of people in this world, i believe in the future many people all over the world wil invest there money with bitcoin.
doomloop
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503



View Profile
May 13, 2018, 10:00:20 PM
 #472

Bitcoin and banks can actually work together to make services more attractive, the main purpose of the bank is to make a profit, bitcoin grows very rapidly and is difficult to stop so it is time for banks to accept bitcoin.
If we go for making a comparison in between bitcoin and that of the banks, then I don’t think so that we will be able to do that and the reason behind this is that there is nothing much common in between both the things. Banks have their one reputation and usage and the bitcoin is exclusively used for the sake of investing purpose and that investors are investing in it to make some good earning.

███           ▄▄▄                          ███
███           ███    ▄█                    ███
███ ▄▄▄▄▄▄          ▄██▄▄▄▄      ▄▄▄▄▄     ███        ▄██▄    ▄▄▄         ▄▄▄
███████████▄  ███ ▐████████  ██▄███████▄   ███       ██████    ███       ███▀
███▀    ▀███▌ ███   ███      ███▀    ▀███  ███      ████████    ███     ███▀
███      ▐██▌ ███   ███      ███      ███  ███     ██▀    ▀██    ███   ███▀
███      ▐██▌ ███   ███      ███      ███  ███    ███      ███    ███ ███▀
███▄    ▄███▌ ███   ███▄     ███▄    ▄███  ███   ████▄    ▄████    █████▀
███████████▀  ███   ▀██████  ███████████▀  ███  ████████████████    ███▀
▀▀▀ ▀▀▀▀▀▀    ▀▀▀     ▀▀▀▀▀  ███ ▀▀▀▀▀▀    ▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀    ███▀
                             ███       ▄▄▄ ▄   ▄  ▄ ▄▄▄          ▄███▀
                             ███      █    █   █  █ █▄▄▀      █████▀
                             ▀▀▀      ▀▄▄▄ █▄▄ ▀▄▄▀ █▄▄█      ▀▀▀















❱❱
❰❰

Afkfarm
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
May 13, 2018, 11:10:36 PM
 #473

I think that a complete replacement of banks will negatively affect the economy. We need an alternative to banks. Banks are bad because we are havnt no options
LienTHETRADER
Newbie
*
Offline Offline

Activity: 91
Merit: 0


View Profile
May 14, 2018, 12:25:44 AM
 #474

Bitcoins replacing banks is something that might not happen any time soon.
Bobocantik
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
May 14, 2018, 01:40:00 AM
 #475

Crypto currencies and the banks are much needed in our today's world. The banks are also useful so I belief bitcoin and fiat currencies should compliment each other. It will be nice to withdraw your bitcoin in fiat currency since is the most accepted currency
Ambrosius
Jr. Member
*
Offline Offline

Activity: 196
Merit: 2

“Revolutionising Marketing and Loyalty”


View Profile
May 14, 2018, 04:39:06 AM
 #476

Bitcoin will not replace the bank. After all, a country will never be separated from the role of the bank and the government. Moreover, currently there are some banks that adopt blockchain technology, and just waiting for the time for all banks also adopted this technology.

MobileBridge Momentum Token Sale
▬  https://momentumtoken.io/  ▬
Revolutionising Marketing & Loyalty
CrayjeksAjek
Full Member
***
Offline Offline

Activity: 528
Merit: 100



View Profile
May 14, 2018, 06:01:39 AM
 #477

Bitcoin and bank have different using for costumers and many people can’t take profit without both of bitcoin and bank. Bank we could use for withdrawal our balance of bitcoin to be cash money and bitcoin we can make profit by investment and trade on bitcoin market. but if we lost one of them we could trade or we could take profit with bitcoin or bank. But I know bank is highest and bitcoin will be can’t replace the bank.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24]  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!