andriarto
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June 19, 2018, 02:41:25 AM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
Yeah thats true, becuase in term of crypto currency we have to make own bank account, simalar in true bank, beacuse crypto currency has the ability to make our own crypto account and also to make our own transaction, like paying in our bills etc, so we feel free without the interference of others. and we can create multiple accounts to keeping our asset to make it more secure from hackers. and this is one that the banks and the government are concerned about so they are still considering regulation of cryptocurrency
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Fredomago
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June 19, 2018, 02:45:16 AM |
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That seem to happen that everything will be in crypto but the current financial system won't cut its ties to the economy. There will be fiat/digital fiat and cryptocurrencies. But only the few and strongest will remain. Banks will stay and they are not going to be kicked out of the community. They will join the revolution and forced to adopt crypto's. Though we are going to be our own bank but those banks will also upgrade.
Of course it will be, besides there is also no point on kicking out each other, because they have each advantages and disadvantages which makes them both sides of a coin. It will only depebd to people which will they choose or if they will prefer both. But mainly our economic is improving and moving forward to technology. Crypto market side = no need to kick the current financial system. Banking sector = they have to eliminate their competitor that has a potential to get their investors/depositors but sooner they figure out that they can't beat the system so they'll join. Indeed, when banks see that they don't have any chance to eliminate their competitors they will study and look for potential to have a much better financial gains, they might join this industry by creating their own system for much better services to their clients, I can see say that future still unclear but with the community help, things will be much brighter and everything will be fine, we only need is each others to keep promoting and force the banking industry to embrace the chain and adopt the system.
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changcloy
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June 19, 2018, 02:50:47 AM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
I disagree that fiat system will be no longer exist there are still millions of people who arw used using fiat money and no idea of using crypto currency,for me if crypto currency will take over fiat for sure government will try to get in and try to make another monkey business in crypto world.
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HomerunDiva
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June 19, 2018, 05:41:17 AM |
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I can understand where you are coming from when you say that banks don't have the best interests of people at heart. What you're describing for the future sounds ideal, but I'm not overly confident that we can get there. The main reason is that it's really a minority of people using cryptocurrency, while the majority still trust in and rely on the fiat system. If it does happen, I don't think it will be in our lifetime.
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Farma
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June 19, 2018, 05:48:57 AM |
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I also really believe in the future of crypto. I always hope that all countries accept this development, and make it more interesting. although there is not a big sign in that at the moment, I feel that someday, it will be time people are trying to collect bitcoin.
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realaccountakira
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June 19, 2018, 05:58:00 AM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
While this reality could be much farther away in the future, i completely agree and share the same sentiment/vision for the future. I believe that to be truly successful, bitcoin has to achieve mass adoption in the scale that you described. Once people adopt cryptocurrencies as a part of everyday life, the impact will be huge and the world will probably be better for it. A "global economy" is indeed exciting and worth looking forward to.
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Pendularin
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June 19, 2018, 07:35:09 AM |
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While banks have many negatives it is incorrect to say that they do not bring some positives. By acting as an intermediary they facilitate numerous transactions that otherwise wouldn't happen and this stimulates the economy. The most obvious one is how they use savings to facilitate loans.
I believe that someday and in the right time comes the butcoin market will be a popular and the most number 1 top coin in the whole wide world. It will be happen soon , just believe.
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nolestiket
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June 19, 2018, 07:34:06 PM |
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Blocking is the future. But it's not a fact that the crypto-currencies like they now have to remain. I think the story is being made now before our very eyes and we can influence it
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doomloop
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June 19, 2018, 08:36:26 PM |
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I don't think this will come. Crypto is too complicated for too many people, and they think it's volatile. My parents are not going to use crypto to go buy something quick in the store. Most people don't have issues with banks.
Human is always not ready to accept change. We often want to retain ourselves with something that we are used to with. But only those nations have got best results who never ignore this change. Those who embraced it have shown extraordinary success and that is why they are now developed countries. Everyone must thing about it and start trying to update their lives.
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Rambogae
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June 19, 2018, 08:56:18 PM |
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it will surely come if we really believe.
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uray
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June 19, 2018, 11:02:45 PM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account There is a problem when blockchain is implemented every where, we might even loose our privacy because of that in the future if it is implemented in every aspect of life, it is a fact but we need these implementation in key places so that things are public and transparent. i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
It is a dream that is not going to happen simply because banks are there to stay and they will implement blockchain technology for the banking system for smooth and faster transactions.
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Twentyonepaylots
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June 19, 2018, 11:14:10 PM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
Decentralized community is strong in crypto world but banks are always available in the world. Because many banks are creating the own cryptocurrency and they will surender in government so centralised community also well performed in future but decentralised cryptocurrency have some regulation also possible in all the country. So Bitcoin is a global currency in future and some altcoins also allow to Fiat currency. What a prediction??? In contrary to your post, how can you address the never ending issue on Bitcoin or crypto like Banned and Regulation.? Yes, maybe everyone is dreaming that one we wake up into the crypto world, every transaction will be in crypto.? Market is Volatile, The resistance on crypto or Bitcoin by financial institution are increasing whom they want a Regulation and possible control on Bitcoin transaction.Banking system wont go away, same with FIAT money. Good luck on your prediction.
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Vatimins
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June 19, 2018, 11:14:40 PM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
I get your point and I must say, it is really a big possibility if we look at big and small countries as of today. Although I do not think that this will be happening the next year or in 5-10 years, I am pretty sure that it will really happen. I just hope I am still breathing when that time comes. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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daarul50
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June 20, 2018, 12:50:28 AM |
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Era has entered the era of digitalization where all things are associated with digital products from advanced technology that exist today even continues to grow. In economic terms, bitcoin has become a new breakthrough in money management, its users also have their own reasons to use it is not want the intervention of the government and banks in the management of their money. Everyone already knows that the services provided by banks only worsen the economic situation where their money is always taken every month even more if we use credit services. It is time we can be independent and out of the bank to be able to manage money like owning a bank by using bitcoin from blockchain technology.
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Pattart
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June 20, 2018, 01:51:01 AM |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt. The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
Yeah thats true, becuase in term of crypto currency we have to make own bank account, simalar in true bank, beacuse crypto currency has the ability to make our own crypto account and also to make our own transaction, like paying in our bills etc, nope I myself do not think so. the bank itself has a function not only for the storage of money and also as an investment for some people. banks have more functions than that. banks also provide loans that benefit entrepreneurs. sometimes their offer provides a good deal with low interest rates. and the central bank also regulates local money and money circulation
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Moiyah
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June 20, 2018, 03:48:37 AM |
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It is impossible (for now) to replace banks with crypto transactions. Well, it is your beliefs and I reapect that. You have high expectations in the future but anyway there is no impossible gor everything. Though I can still sense that it is beyond expectations and they are a lot of things to do before that would be implemented.
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spongegar
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June 20, 2018, 03:52:27 AM |
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I don't really think banks will ultimately disappear. They coyld jump in the crypto currency game, if they still haven't, and make a killing in that market by lending. I mean with the resources they have and the technical no how to use it, with less manpower to make it work then i reslly think they could even make their own coin. That is not very far from now.
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Whosdaddy
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June 20, 2018, 01:26:42 PM |
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But how will homeless people collect money though? What about using small amounts of cash to buy say a hotdog from a vendor?
One of the reasons why I believe banks will never go into extinction. As long as there is still fiat and people who due to limitation of making use of the internet still exists, banks will always exist. Yeah, a time may come when there would or may be huge reduction in customer's population due to migration to cryptocurrency as the case may be and that would usher in some competition for the banks, but is that not what we actually want in the first place? We should be begged to save in the bank, and not the other way round.
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Singwala
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June 20, 2018, 02:28:54 PM |
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But before it happens, many people are opposed and it is still possible to have trouble. Before this happens a lot of trouble will happen and I'm sure we will find it difficult to do so. So let's wait for the future of its decision. Because it will happen in the future especially now that many people are writing the truth.
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ekalak manjeng
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June 20, 2018, 03:23:09 PM |
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which I believe for the future, a better life awaits us, if we try to be better than the past. Everything will change depending on what we make.
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