jeromix
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Ako Bayot!
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September 01, 2018, 08:59:01 AM |
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We can use crypto and digital wallet to store our money but still it does not mean the we will not going to need the banks. Of course the participation of the banks is really needed especially that some of the bitcoin exchanges or local exchanges using banks for payments and transferring your money to their system using the banks.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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andrey755
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September 01, 2018, 09:02:07 AM |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
It may very well be that development is currently going at a very fast pace, and even other problems in this area do not have time to cope with the problems and pressure. |
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al maruf
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September 01, 2018, 09:22:15 AM |
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Bitcoin is currently a known name. Shortly after the name of the virtual currency has expanded its name. And you can move forward in front of them. But I think that no matter how much Bitcoin is known, the bank will always need it. There are many countries that do not accept Bitcoin. So what will they do? And not all people will ever use Bitcoin, it is not possible. Maybe many people will use Bitcoin in front of them. But the bank will need it.
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BlockchainGod
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September 01, 2018, 09:26:35 AM |
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Does it mean the world is going crypto soon or he is just bluffing.
Perhaps it is. But I also think that banks have just lost confidence and people will keep cash. |
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Descon
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Merit: 3
Staker.network - POS Smart Contract ETH Token
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September 01, 2018, 09:36:28 AM |
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In the future it might be. But i think goverments would not make it easy for people to just rely on bitcoin. Banks are a big part of a countries economy.
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Otsu
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September 01, 2018, 09:37:08 AM |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
I'm not sure, until now it never happened. I think we all agree that banking is still very much needed until the next few decades. and the main factor, the financial world must have regulations that are the legal umbrella. and crypto doesn't have that. Exactly. Also banks now are much recognized by some people most especially by businessmens. They are more confident to invest in banks rather than in cryptocurrency. Maybe the reason for this is they are afraid on it's volatility. Perhaps if bitcoin could be legalized, then probably that's the time we won't need banks anymore. |
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pxo1106
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September 01, 2018, 09:49:35 AM |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
I think it will be difficult to exist since the bank is the institution especially when we talk about our financial aspect. The banks perhaps cannot be changed by the new technology. |
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luffyzxc
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September 01, 2018, 10:36:58 AM |
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I dont think so but i need banks for all now, because people now a days is so secured in they money and without banks they have many problem about money, but now as we see theres so many upgraded and new technology in our world.
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cetald
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September 01, 2018, 10:59:35 AM |
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Banks will be always and everywhere. Perhaps, money will change and everything will look different, but banks will never disappear. People will never stop trusting banks.
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skeletica
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September 01, 2018, 11:00:51 AM |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
do you mean to delete a bank and replace it with a cryptocurrency entirely? it is very impossible that happened. |
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Twinscoin2017
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September 01, 2018, 11:25:51 AM |
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Banks will be always and everywhere. Perhaps, money will change and everything will look different, but banks will never disappear. People will never stop trusting banks.
Well i believe that if crypto will rise and many people still believe on it in the future maybe I would say that the bank will disappear or maybe bank will also ingage on crypto. But I think itvis now really too early to predict, I believe that there will maybe so many situation may come on bitcoin feild and we can't predict all of it. |
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deadcomeback
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September 01, 2018, 11:26:55 AM |
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It is a future issue when the crypto market is stable. We will not need a central bank. Perhaps the independence of cryptocurrency was noted.
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PINAGPALA
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September 01, 2018, 11:35:11 AM |
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Yes soon that is my goal to see that bank dont needed, and all of people is using bitcoin or blockchain i think it will going to happen 10-20yrs from now i hope im still alive that time to see it
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Raffamichaels
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September 01, 2018, 12:42:47 PM |
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If ever bitcoin allows to all country it will happen don't need a bank maybe 1-2 decade the bank will not going to be use by the people to store a money and when the crypto is stable it's possible to not use a banks.
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Satish147
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Merit: 100
Harmony for One and All
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September 01, 2018, 01:23:58 PM |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
We are having so much Innovation in fintech through startup projects. These will ultimately point out and replace the Banks negligence and irresponsibility and avoid the huge charges for transfers between countries. |
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A Feeder
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September 01, 2018, 03:38:14 PM |
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Banks will not become extinct anytime soon it will take a long time before the world will go crypto if even it will ever happen but its good because we tackle about that this time to inform each and every of us. Cryptocurrencies can change the financial system completely.
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Arafat01775
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September 01, 2018, 03:47:20 PM |
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I think it is not so soon. Because bitcoin is not legal in any country. And many country's people are not about bitcoin. So i think it will take time to get the bitcoin instead of the bank.
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ansarose1
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Merit: 10
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September 06, 2018, 01:40:59 AM |
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Yes, in some other peoples perception. They think that bitcoin investment kept in wallet addresses are better than banks. But some other people dont think that wallet addresses are better than banks, because banks has a good benefits than cryptocurrency, banks can give annual percentage and other savings bonds. Unlike bitcoin investment has not.
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sidodadii
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Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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September 06, 2018, 01:51:45 AM |
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we, as crpyto member? or we all people?
i still need bank, i cant buy some stuff with crypto here. not all people know about crypto, and we still traditional market to make transaction, buy something.
im not sure if this world will change from fiat to cryptocurrent, its impossible. crypto still need fiat for their price, and people need crypto for their income.
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Choyor
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September 06, 2018, 01:58:06 AM |
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I think the bank will still stand for a long time because the world population still needs it. When, when switching from a bank to digital currency technology, it means that all the world's population must have adopted or used this technology, while the fact that this happens is that this technology cannot reach the wider community. still need time.
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