Soon we would not need banks

[kram31]

We will need a bank even in the future, and it will remain with us.
The bank will never let their economy fall because of cryptocurrency.
remember if you can't beat your enemy, join them.
They will adjust on that system for the people can still go through banks.

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[dominional]

Soon we will not need bank,  the way bitcointalk is going is not encouraging  because so many people are discouraged  in put more to bitcoin cos there is no more encouragement  from there to do more

[errol94]

Banks aren't going anywhere. Fiat isn't going anywhere.

Crypto adoption is still in its infancy and people aren't ready to adopt this yet.
At the same time, we are making progress there's no doubt. But can you actually topple the system in the US? Absolutely not.

The government is well aware of crypto's influence and will not allow Bitcoin to topple anything. You need to realize how powerful the US dollar is. Yes, the buying power has declined but the influence it has on the entire world should not go unnoticed.

[Harley_Quinn]

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.

another bluffing PR from the coin, which many have already forgotten. he just decided to remind himself a little about himself and create an attention around him.

[Loopper]

Yes, I believe to the power of Blockchain, specially Bitcoin. Which we can send or receive payments without going to banks anywhere, we have our own banks in our pocket, with just our smart phones and internet connection.

It becomes a good thing from the side but without you realizing you will experience the destruction of the country because the country is very dependent on the transactions made on the bank.

[warning_btc]

I am hear at more then one year ago.
But today i see how government face many difficulties when want integrate blockchain to any of current working structure

[Shishir99]

I don't think so.I think bank and crypto will work together to make people's lives better.Bank will exist too but it will be dependent on digital currency.
Bank will control excessive volatility of cryptocurrency.but personally i don't like the ceo of bitcoin cash because he always spread rumor and false news

[conanmori]

I think this would unlikely too happen people who don't believe in crypto and crypto are so volatile that making so much confusion.

So independent bank will do the best and people who believe  crypto surely support it so when comes to support we won't be lacking.

[Tigorss]

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.

Source? Who is the "CEO" of bitcoin cash? Roger Ver maybe? If yes lock the topic and pass, no need for further discussion 

where did you get the info? especially about the CEO. it isn't impossible if someday crypto be used in the world, we just have to watch and hold carefully.

[rumexx]

There will always be conventional banks  despite the exploit  of  cryptocurrency. I believe that crypto will soon take over the global transactions and payment system. But  conventional banks will still be around for some specific duties like  inter countries transactions and also collecting duties for governments also giving out loans to business men. It will be interesting  to see how the global economy will be when the cryptocurrency takes over from the conventional banks.

[Tangow3]

Ya I think its true if we started using cryptocurrency then we need not to use banks..
There is nothing use of bank when it is replaced by ledgers and even so secure and genuine therefore everyone takes the easier way of banking

[anafiene]

Indeed, for the matter of bitcoin, it does not seem to need a bank, because it is managed alone.
But for exchanges, of course, we still need it, this is to buy simple necessities in stalls or shops.

[seoincorporation]

How soon is soon?

I'm not agree with this theory, because coin cores doesn't have the power to process the almost 100k transactions/second that banks process now days.

Maybe a small % of people can substitute banks with bitcoin, but at end there is no enough for all.  

[maxy1999]

I think even if there is no bank, there will be centralized agencies that we still need to trust as now there is, but decentralized platforms such exchanges increase

[pra]

Indeed, in my opinion, bitcoin does not need a bank, the bank will only give a loss to the money, let alone bitcoin enter the bank, so there will be a lot of people try to show there interest on it

[Roboabhishek]

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.

His move is certainly a bluff but it's not necessary that banks will still remain in future. Always there are many advancement in every Field as new technology comes in the market . Bitcoin is that very technology that can eradicate banking systems in future so we need to see and examine in future how bitcoin advances itself with new technologies.

[Nolimitz84]

Maybe he meant the Apocalypse.) I'm kidding. It is too early to talk about the adoption of crypto and the disappearance of banks.The impact of cryptocurrencies of course will increase over time,but it all takes time.

[doanlang]

Bitcoin has put the release of money into the hands of everyone rather than a centralized entity. This allowed Bitcoin to thrive as a non-political currency and a place to store value globally, unaffected by external factors so as not to diminish its value and effectiveness.
The fees and financial advice are a steady stream of income and therefore banks have paid more attention to these revenue streams to make their finances more efficient.
Bitcoin and banks are also different and unmistakable.

[Katystrong]

I agree with you because bitcoin will soon be accepted worldwide and we will not need banks anymore

[Crafts12]

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.

Sorry not sorry but I will go no for this. Banks is a necessity in our society system. Eventhough there are a rise of cryptocurrency whereas you can store your money digitally, banking system is a must for a reason that not all your money can hold in a digital currency. Also, it is better to secure your money or fiat in a vault or something. Most people still prefer to go to bank to safety their moneys. Tha is my opinion concerning to it.