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Author Topic: Soon we would not need banks  (Read 3667 times)
Myown55
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September 15, 2018, 07:14:40 PM
 #201

It is true. If you have your money in the form of cryptocurrencies on your wallet, I think it is safer than saving in microfinances and rural banks that are not very reliable

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Elerntta
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September 15, 2018, 07:55:50 PM
 #202

Of course, banks are not an ideal system, but it has many features that are useful to people and bitcoin will not be able to implement them.

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September 15, 2018, 08:01:22 PM
 #203

Nice theory but unfortunately it isn't true.
Banks will survive and will continue to exist. Of course they will have to adjust and change the way of their business, they will need to become more digital and at the end to accept Bitcoin and cryptocurrencies too but they will not wanish.
Economy and governments in many countries still depend on banks, as well as individuals and that will not change so soon despite the growth of cryptocurrencies.

WebTera
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September 15, 2018, 08:21:27 PM
 #204

Bitcoin I still trust a little more than the banks. I'm more attracted to this modern technology, and I think banks are outdated system.
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September 15, 2018, 08:24:59 PM
 #205

Maybe the banks will not disappear with the adoption of bitcoin, but that bitcoin will take over most of the tasks of the banks that's for sure. And it will be more convenient for us.

Isiaka208
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September 15, 2018, 08:31:19 PM
 #206

its not possible to leave banks behind, banks will remain the structure that gives our financial lives shape. Crypto will be adopted massively yes, but not at the expense of eliminating fiat completely.

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satria2
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September 16, 2018, 02:22:43 AM
 #207

Maybe the banks will not disappear with the adoption of bitcoin, but that bitcoin will take over most of the tasks of the banks that's for sure. And it will be more convenient for us.

There will be something bad going on with the bank and this will conflict with the state because it is very profitable for those countries.
NegativeNancy
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September 16, 2018, 02:23:48 AM
 #208

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.
Unfortunately, with the current state of the market, we will move to crypto but the players involved will control the market.

Governments/feds own billions/trillions of dollars. Each country could easily inflate the bitcoin price, and take control of as many as they can with the current lack of interest.

Be careful, but hold your btc.
Labay
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September 16, 2018, 02:37:08 AM
 #209

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.

But what if there are some person who did not want to use the crypto and stay to fiat?  I think there are some case that the government does not eliminate bank.  Yes, we can say that we don't need that but there are some case that they can do anything or something to get back and use the bank again.

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September 16, 2018, 02:48:36 AM
 #210

Bank. What a normal people do through a bank

- transfer money
- make a deposit that is to save money.
- to pay expenditure
- loan
Everything you can do by the help of crypto currency. So why we need bank?

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September 16, 2018, 02:51:19 AM
 #211

In my mind bank crypto was in this forum, it could be this forum became a bank for account owners.
If in fiat it is certainly already has a separate bank and this is the community still using banks for savings and loans.
We still have bitcoin but we need banks to exchange with fiat, I feel that banks are still functioning, and crypto remains a place of exchange.

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edsnowangel
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September 16, 2018, 03:02:56 AM
 #212

I  think we don't need to remove banks what is great thing to happen is that banks will accept crypto payments and transfers that is more possible than removing the banks in the line

sd
franantp
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September 16, 2018, 03:18:15 AM
 #213

I think we still need a state bank to transact or save the amount of money we have. and I believe that currently the government bank / security state bank is still awake and it is impossible to hack easily. so the point is that banks and crypto need each other and each has its own function
edsnowangel
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September 16, 2018, 03:48:21 AM
 #214

Bank. What a normal people do through a bank

- transfer money
- make a deposit that is to save money.
- to pay expenditure
- loan
Everything you can do by the help of crypto currency. So why we need bank?


we still need banks because they've been a part of the global finance system and not all people are preferred using bitcoin or crypto coins they are still using FIAT as what I have said the good thing is that banks will adopt the innovation crypto is up to

sd
Kasliono
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September 16, 2018, 03:50:58 AM
 #215

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 totally agree with him, As we know that we need bank to save our Money from bulglary and makes us easier to do transaction, but there is a fee that we should pay every month when we put our Money in the bank. When people realized that we can be a bank by our selves with using cryptocurrency then we don't need bank anymore.
Shadesofglory
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September 16, 2018, 04:27:32 AM
 #216

It is a two way thing. It could happen. With countries trying to launch their own coin, some using it to stabilize their economy, football clubs and other franchise coming out to partner with Blockchain company, cryptocurrency is taking the game higher and needing bank would be something of the past. In the other hand, all these powerful countries banning ICO and all would only delay the process to that happening. It's a matter of time.
Faeton
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September 16, 2018, 05:09:02 AM
 #217

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.
If somebody does not already need banks, this is his business, he can not use them anymore. However, banks will always be needed by the state. Without banks, the state can not plan and develop the country's economy. Banks are directly involved in this process. Therefore, as long as the state exists, there will be banks. In addition, certain categories and groups of citizens will always use the services of banks. This includes loans, deposits, and much more.

tadpole_bitfrog
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September 16, 2018, 05:18:16 AM
 #218

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 we still need banks. Banking is a very necessary and familiar business for people with low and high intellectuals. Cryptocurrency is only for technologically savvy people and has good knowledge and I think it will not be applicable to those with a weak technological background.

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DenSamui
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September 16, 2018, 05:20:04 AM
 #219

As always newspapers write what they want and there is no faith in it. I believe that banks will never leave. After all, most people do not even know about the crypto currency. And many states will never take bitcoins.
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September 16, 2018, 05:21:36 AM
 #220

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  Lips sealed
Lol why so rude with roger “stupid”ver mate?The man has the rights to express hes damn ideas here in crypto 😂😂😂

But kidding aside I don’t think that this is true since banks now are adapting blockchain technology for them not to leave behind fo the future of our virtual currency

About the Post OP next time that you will be making some noise creating topic make sure that theres a supporting links to prove your topic or else better not to do so
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