satriagedhe
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Activity: 250
Merit: 10
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September 19, 2018, 03:38:01 PM |
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Just because some one stated that we dont need bank doenst mean it were right. I believe bank still become crucial in economy, people need to borrow money from bank to make business can keep developing and able to compete and also make a fast liquidity. I still think bank is really good and still needed.
agree with this , but yeah everyone just hope also on that statment , and bitcoin are the best solution to make "no bank " system that we want , IMO |
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anitaraymonds
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September 19, 2018, 03:55:20 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.
There will be no time that conventional banks will not be in existence. Both crypto and fiat money will be working together. The fiat money will be for the folks who are not yet cryptocurrency ready. While those who are a brace with crypto will forge ahead. Government must be in control of some sort of currency which will be the fiat money through their agent central banks. Bitcoin will never be centralized otherwise it will lose the nature and the principle. So nobody will love to tamper with what the bitcoin is made up of. Once this alteration is done there ends the bitcoin.It is true that bitcoin is the future of transaction. |
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Ronyx
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September 19, 2018, 04:11:52 PM |
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No bank is lost, the bank will still be used. The government has rules to regulate the economy for the better, and of course the government will not let banks die because of cryptocurrency.
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btc78
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Eloncoin.org - Mars, here we come!
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September 19, 2018, 04:35:33 PM |
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Nope banks will never gone thats a sure thing,and would you mind giving me some links about that CEO’s you have mentioned,or maybe you are referring to roger Ver?Then i will tell you that id another stupid words from than person.
These days as i speaks some banks are starting to study or either adapt blockchain to their banks technology,so banks will soon join us serving the people of the world
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endut15
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September 19, 2018, 04:50:05 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.
Just because some one stated that we dont need bank doenst mean it were right. I believe bank still become crucial in economy, people need to borrow money from bank to make business can keep developing and able to compete and also make a fast liquidity. I still think bank is really good and still needed. True, we still need the bank in terms of transactions. it is also impossible if only news like that circulated means that the bank will not be used again. surely the bank will be more useful. so we don't just look next. because the truth is not necessarily from words. |
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CongHoan
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September 19, 2018, 04:50:40 PM |
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i might happen in next 100 years . we cant refuse benefit of bank
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neo444
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September 19, 2018, 04:51:17 PM |
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Everything is possible in the world of cryptocurrency but i think banks is the safe place to store your money also your bitcoin in the bank who accept that cryptocurrency
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happyme1818
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September 19, 2018, 04:55:07 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.
It is not a bluff. Once Bitcoin declared as a currency by the government almost all people will stay away from banks because banks are crooks. You don't need banks because you can be your own bank by using cryto wallet where you have a full control of your wealth. |
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MrRiuss
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September 19, 2018, 06:11:14 PM |
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i do not think so. if it is so, it will need very long time for that to happen.
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Jannn
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September 19, 2018, 06:32:34 PM |
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I don't believe that Bitcoin will kill banks outright. They have been around for over 1000 years now, it will take more than just cryptocurrency to get rid of such a deep rooted insititution.
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laiya94
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September 19, 2018, 06:34:21 PM |
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Yes of course. Even the market dumped now day by day there are more crypto enthusiasts so in near future fiat money will be a history so then why should we go to the banks?
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Ace Amias
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September 19, 2018, 07:38:17 PM |
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As the popularity of bitcoin is so much increase from the previous month bitcoin is all over accepting in world but not accepted in some countries the blockchain is system is very quick and also deals with fewer transactions fee so maybe soon we might did not need fiat money so if there is not fiat money there will be no banking system.
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Zeque02
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Platform for Cross Chain Fundraising
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September 19, 2018, 08:43:13 PM |
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Yes soon, we will not need banks because of high technology we have. Times comes that bitcoin will be implemented and acceptable to all country which have different use such as money keeper, money transfer, mode as online payment and other thing.
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Gozmoc
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September 19, 2018, 08:52:02 PM |
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Soon? how soon, the would be only possible if Bitcoin becomes generally acceptable in purchasing basic things. If not, we can't do without the banks, no matter how popular Bitcoin gets.
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Antonina
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September 19, 2018, 08:55:10 PM |
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if the issue with cash is yes, banks will not be needed since the world captures the crypto currency, that is, electronic money
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Gogdo
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September 19, 2018, 09:05:23 PM |
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It is possible in the developed countries of the world but it will be impossible in less developed of the world. Bitcoin is taking over the use of money in some parts of the world. Banks will no longer be in place for keeping money because the world is moving toward a way of adopting a system of economy called cashless economy.
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Diane Ellis
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September 20, 2018, 11:51:09 AM |
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No. I'm of the opinion that banks still play an integrate part in the financial system of every economy. Without banks, the economy can't normally operate. The function of crypto isn't the same as that of banks. Banks make capital move from surplus to deficit, cryptos can't do that.
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Henry Reis
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September 20, 2018, 11:52:09 AM |
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Never. Cryptocurrency can't replace banks. There are many functions that banks are cryptocurrency can't have. Banks still very important to global economy. Moreover, governments are behind banks to back up them.
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CandyEhco
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September 20, 2018, 11:57:53 AM |
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I think the revolution is coming very soon. With the likes of PumaPay, Request Network and Coti we could really see a difference coming for everyday payments. The choices are endless, a cashless society is coming and the world will embrace it eventually!
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gokudera
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September 20, 2018, 12:39:38 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.
I do not know why they said that we would not need banks in the future because of cryptocurrency because in the first place it is the one who use by many. |
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