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nur rochid
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September 18, 2018, 12:30:10 PM
 #121

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?







A long time ago? In what era? That doesn't make sense. As for now, Bitcoin was already used globally as a means of payment to online transactions but I think it has never been in the same effect as banks.
indeed BTC is a technological innovation in payment instruments. but on the other hand bank cannot be replaced, because under the supervision of government, of course government must look for answers to bitcoin policy later

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September 18, 2018, 12:58:57 PM
 #122

so far if you ask me ill choose investing in bitcoin rather than banks why? cause bitcoin for me is much safer and easy to use, can be accessed everywhere, transactions are safe and easy most importantly cost less, bitcoin is safe because of blockchain tecnology which helps allow digital information to be distributed but not copied.

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September 18, 2018, 01:13:49 PM
 #123

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?







maybe more precisely in my opinion is not crypto x bank but crypto x money because crypto is the latest breakthrough from tuakr exchange in cyberspace, not alt to store wealth or assets, even though it still takes quite a long time but at least what I see the development of crypto finally finished This is quite fast, although there are still some governments that have not been able to accept it or still apply certain rules to Crypto
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September 18, 2018, 11:21:38 PM
 #124

I think banks will adapt to the market. When the market uses crypto currency more than fiat, i think the banks will create their own coin and maybe their own virtual wallets. I don't think banks are dumb enough to be complacent when the crypto currency market booms in the economy. Lastly, banks are shrewed, they will do everything to slow us down.

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September 19, 2018, 01:58:50 AM
 #125

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?






Bitcoin makes investors and enthusiasts crazy and rather stay away from banks same as youtube to televison as all of those centralized things in there are scripted and controlled by oligarchs. But those things won't happen with Bitcoin as it is community based asset. Having possesion of 80% of Bitcoin funds with matching 20% of fiat funds will make sense nowadays to avoid financial crisis.

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September 19, 2018, 02:59:53 AM
 #126

 Smiley  Smiley Well, such things are harder to identify at a bank perhaps just bitcoin is quite different. It will be true for many years that banks are committed in terms of carrying and depositing their currencies while bitcoin differs greatly from all banks. This is different from all payment features and transfers of currencies.
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September 19, 2018, 03:14:01 AM
 #127

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?








yes in some ways, but banks and bitcoin will still co-exist as youtube and televisions today, bitcoin has so many potentials that offers to us in the future, the technology is a work in progress, until it is not limited to being online, do you know what youtube versus televsions and bitcoin and banks have in common? they are both separated by being online and using internet. but banks also uses internet therefore they will not be left behind in terms of technology, they will surely develop a contingency plan to level up with bitcoin. so therefore, banks and bitcoin will still co-exist even in the future.

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September 19, 2018, 08:47:26 AM
 #128

Maybe so, but what happened to youtube and television happened almost over night. With banks, i think we'll have to count decades for that to happen. First off, we need a stable Crypto currency. I really think ETHEREUM will be that coin since it has a lot of projects. But then again, we don't know the flow of the market.

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September 19, 2018, 01:34:59 PM
 #129

so far if you ask me ill choose investing in bitcoin rather than banks why? cause bitcoin for me is much safer and easy to use, can be accessed everywhere, transactions are safe and easy most importantly cost less, bitcoin is safe because of blockchain tecnology which helps allow digital information to be distributed but not copied.
Asides from bitcoin even being safer as long as you know how to handle your security issues, I will say the control it gives when it comes to spending, transactions and so many more is something banks has never been able to give.

Now, I can send money across the border without any stress and issues, compared to when the likes of Western Union, Moneygram and the likes will almost frustrate you and then you see some bullshit policies from the Central Bank or government affecting how one spends. The fact that there is an alternative, will sure make banks to want to start thinking of features they can bring to stay relevant.

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September 19, 2018, 08:37:37 PM
 #130

banks will not remain silent with the bitcoin campaign to date, because they live on customers' money deposited in the bank
they will continue to make statements that bitcoin is a fraud so that people do not believe in the system provided by bitcoin
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September 19, 2018, 09:41:16 PM
 #131

we are so close to experiencing this phenomenum completely, banks are less relevants these days and a day will surely come when banks will be completely obsolete, people are getting to that understanding now that it is wiser i put my money to work to yield more money through investment in crypto currencies than allow it depreciate in value in a savings account.

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September 19, 2018, 09:59:54 PM
 #132

I still consider banks as useful as crypto given that it is used to encash them as easy as possible. Banks are standing alongside with crypto and they work together as a team. I guess this is the situation in my country and differs from yours. So far, this tandem doesnt disappoint me and they work so good.
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September 19, 2018, 10:34:29 PM
 #133

We are still far from it but I think banks really know that crytpo currency is a threat. I mean once one of the crytpo currencies in the marker become stable enough to be adopted then it will be a huge game changer. Everyone will be pulling out their fiat and converting it to crypto currency. Give it a few more years and we will see it happen.
I think we're going to see a lot of people using bitcoin in the future but I do not know if the adoption is going to be so generalized, I say that because even if bitcoin is very easy to use from my perspective there are a lot of people that are not used to use technology and are probably going to find bitcoin to be very challenging especially when it comes to securing their coins.



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September 21, 2018, 08:18:46 AM
 #134

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?






Lol… This one is funny, please what exactly did YouTube do to Television? Cause even till today we all still watch television  and also rushing cinemas every time new movies are released just like the Avengers Infinity war that released not so long and other movies too.

I’m also sure that lots of people here still buy Blu-ray. Lol, back to the main point, Bitcoin can’t win bank, so quit all these games you’re playing and face the truth.

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September 21, 2018, 04:06:55 PM
 #135

Banks have a problem with Bitcoin and other crypto currencies. They feel threatened. They should be afraid. Because finally we have a tool that gives us the opportunity to don't use banks and their services. We don't need them anymore. They have manipulated our lives until now, and it was enough.

in fact there is a good idea that banks can work with crypto currencies, so there might be convenience that will be accepted, but why is it difficult, many problems are not easy to decide because there may be many state policies that do not yet legalize crypto. but even so crypto has gone well.
It seems some people think that banks are never going to accept cryptocurrencies, but you must remember banks only care about one thing and that is making money and if cryptocurrencies become so popular that they see an opportunity to make a lot of money they're going to take it, they're going to do the same that they do with your money they're going to gamble with it in the markets and get huge profits while you get nothing.
Yes the bank will do things for big profits without us knowing and I also agree that the bank only cares about those who give the bank's profits. But I think bank will having difficult to cooperate with Crypto because it’s still regulated by laws of the state government, while crypto is not bounded by any rules of the state government.


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September 23, 2018, 03:03:08 PM
 #136

indeed BTC is a technological innovation in payment instruments. but on the other hand bank cannot be replaced, because under the supervision of government, of course government must look for answers to bitcoin policy later
Government will never want to allow banks to become irrelevant and banks as well will not want to become irrelevant in the long run. As it is, there are a lot of things going on with the banking sector that shows they are trying to bring up a lot of distinctive attributes to make them be in par with the idea of using cryptocurrency and that is certainly what we need anyway. At least, the fact that it is becoming a competitive space for them makes it a whole lot enticing for all of us.

I think banks will adapt to the market. When the market uses crypto currency more than fiat, i think the banks will create their own coin and maybe their own virtual wallets. I don't think banks are dumb enough to be complacent when the crypto currency market booms in the economy. Lastly, banks are shrewed, they will do everything to slow us down.
At this moment, I am sure they are already trying to check out ways they can adapt to the market and see how they can keep being closely connected or appropriate to what is being done in the crypto space so as not to get left behind. I know bitcoin will definitely not eradicate the usage of banks, and they will still be functional, but now that they know they have a lot to do to keep the interest of the users at heart when it comes to using banks, makes it even more interesting.
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September 23, 2018, 03:26:08 PM
 #137

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?






People nowadays knows bitcoin but always choose to invest in banks because they think its safe for their money. But think about it bitcoin is more secured and it can give us huge profit. It is also perfect for long term and short term investment.

lebrone08
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September 25, 2018, 06:12:24 AM
 #138

I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?







We can't realy deny that people still prefer to stored their money or fiat currency in the bank because of security and assurance. But on the other hand, if we talk about investment, people who are engage in crypto world prefer to use bitcoin for their investment because we all know that bitcoin could give you huge amount of profit in just a short time.
ucingucingan
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September 25, 2018, 08:00:05 AM
 #139

one of the effects of bitcoin on banks is that the decline in public interest in using bank transfer services is because they prefer to transfer their money in the form of bitcoin because it is easier, cheaper, and there is no limit to the amount and distance in making transactions
Yara1
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September 25, 2018, 08:14:42 AM
 #140

It right bitcoin is going to have almost the same effect on bank and YouTube have on television, but we must understand they differences despite the fact that the both terms television- YouTube and bitcoin- bank they all perform a complementary role to them self they all can not do without each other.

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