rachellee
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September 30, 2018, 03:45:05 PM |
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We are going to be our own bank, and manege our finance ourselves, without a bank account
Exactly! This is the very principle of bitcoin--decentralization, and decentralization gives the power over their finances to the people. This is the main reason why banks are largely opposing the worldwide acceptance of bitcoin. Their existence is greatly endangered. But I doubt that banks will be totally annihilated. As long as fiat currencies exist, banks will always be there, and I don't think that fiat currencies will be totally out of the picture. Just like gold and silver which were not totally annihilated when fiat currencies came, the latter will also be still in circulation, but may not necessarily the main mode of payment. Anyway, bitcoin is not just a new specie to watch with interest nowadays. It's really "something" that poses a real, big threat on banks, "something" that might define and determine the future of our financial-market landscape.
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DOH!
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September 30, 2018, 10:35:22 PM |
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Trusting and constantly working to achieve the goal is essential to being able to succeed in any job. Set a goal in a concrete and step-by-step manner, I believe that success will come to anyone who tries.
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nwanne
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The FASTEST and MOST SECURE Token Exchange
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September 30, 2018, 11:32:46 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 might believe that a time will come when crypto will be adopted and been a means of exchange across the globe, but I don't believe that bank will disappear completely, it's unspeakable, cryptos needs bank to survive and mind you that banking industry have developed so well, so banks will adopt the currency and might even issue these currencies in the future, and definitely fiat won't disappear too, because not everybody will use cryptos, cryptos will be used majorly for across border transactions.
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Babyrica0226
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September 30, 2018, 11:48:28 PM |
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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.
Regarding on your statements, I wouldn't agree that banks will disappear, you know why? due to in some other way bank I think still needed in our generation time now. Honestly, I don't trust any bank, but hard to say I still need it now for some other reasons. It may also be right that most banks don't trust crypto/bitcoin as well, although in the near future there is a big possibility that crypto or bitcoin can able to surpass all bank companies, but in a terms of they will fade away, of course not, probably possible they will adopt it. Like in the quotations said that " If you can't beat them Join Them ".
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strideynet
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October 13, 2018, 07:38:57 PM |
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perhaps you need to pay attention to those areas where the blockchain is already used as a final technology. so it will be easier to predict your portfolio
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aleksnutis
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October 18, 2018, 08:25:55 PM |
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We may not live to see the bright future that the author of the topic describes. Even if such prospects are possible, they will cost a lot of sacrifices, because modern financial institutions strongly lobby their interests and protect their business.
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Sirait
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1xBit 🏆 │ NotYourKeys.org
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October 18, 2018, 09:04:56 PM |
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- I believe the cryptocurrency market will Bullish again. - I believe the cryptocurrency will be utilized by the government in every country. - I believe that regulation of cryptocurrencies will be issued as time goes on.
this is the thing that I believe will come in the future...
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Harrisonimo
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October 18, 2018, 11:50:47 PM |
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Having watched some futuristic movies and some other documentaries, I do not agree totally that the fiats will be totalled scrapped and also the mentality that there will be global and parallel opportunity; those who will hear and learn will do so while some also will be somewhat disadvantaged.
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Schmidt Abrams
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October 19, 2018, 02:52:53 AM |
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being Optimistic is good , but the fact won't be come true as you hope. In my opinion, the bank can not vanish , and crypto can not be currency in each country
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darefreads
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October 19, 2018, 06:48:03 AM |
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I believe that it will be the most use currency in the future that's why I'm working so hard with it to make more positive earnings and I think it will be more popular to those people that are not believing on Crypto in the past year. And it will be legalized in all country that we can really use it everyone.
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Moiyah
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October 19, 2018, 11:49:32 PM |
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Stick to what you believe in. But you see, it is hard to believe that bitcoin will replace any fiat. However, they said impossible makes it possible when it comes to cryptocurrency. In the future, we can really visualize how things will gonna work with advancement technology.
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samycoin
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October 19, 2018, 11:54:28 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.
There's nothing wrong to your beliefs because all of us have different mind,decision in life and opinions. But i think banks are have positive and good contribution in every person who use this like in crypto that give us a good profit and earnings. Banks is our saving account let say we are millionaire where you put your money of course we need a bank to save our money even theres a digital wallet in our phones or laptop. Everything is important its depend to us how to manage and use it.
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Adhichan
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October 20, 2018, 03:12:32 AM |
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Stick to what you believe in. But you see, it is hard to believe that bitcoin will replace any fiat. However, they said impossible makes it possible when it comes to cryptocurrency. In the future, we can really visualize how things will gonna work with advancement technology.
dont think about bitcoin replacing fiat.just think what we could change in our daily life with working in cryptocurrency.could us harness cryptocurrency to improve our life.
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Janation
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October 20, 2018, 03:41:22 AM |
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perhaps you need to pay attention to those areas where the blockchain is already used as a final technology. so it will be easier to predict your portfolio
Are you talking about the Blockchain technology? Even if we don't look at it or where it is being used, I don't think that it will be very helpful with your portfolio or your investments since the demand of cryptos are the one that moves the price not the Blockchain's demand. I am not saying that the Blockchain is not a good asset of cryptos, I am saying that the Blockchain is a common technology of the cryptocurrencies, if that is developed for other purposes maybe for the banks transactions, that will not help cryptos or it's investors. If you want to predict the incoming price of cryptos, check the news and the price chart. Make use of the strategies being used by a lot of investors.
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dongyi17
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FRX: Ferocious Alpha
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October 20, 2018, 04:48:16 AM |
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Yes What I believe will come true, there will be bull run in the coming months, although no one can really predict what will happen in the next future but it would be better to just be positive and believe in bitcoin.. and if someday fiat maybe replace by virtual currency well... accept it anyway.
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