larrylegend33
Member
Offline
Activity: 280
Merit: 10
|
|
September 23, 2018, 09:29:48 AM |
|
yes yes! I was telling this from last 1 year, everyday! I believe that no one can stop bitcoin anymore, now in the world maybe billion people know about it and every new day there is more people coming and joining our cryptocurrency world. Too late for the banks, and they have to be careful with all cryptos
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
geminiboy
Full Member
Offline
Activity: 574
Merit: 100
https://ammut.network/
|
|
September 23, 2018, 09:43:26 AM |
|
the world will not lose the bank forever, even in every country there must be a bank as a place of state financial transactions, with the existence of crypto does not mean that the bank will disappear from the face of the earth but regulation still exists
|
|
|
|
akihiko
Newbie
Offline
Activity: 43
Merit: 0
|
|
September 23, 2018, 09:47:56 AM |
|
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 dont know but this could be a big IMPACT to Entrepreneur and ALL BUSINESS Sectors. but until now cryptcurrency needs more support and proof for this stability and effectiveness
|
|
|
|
plr
Member
Offline
Activity: 1148
Merit: 24
|
|
September 23, 2018, 09:49:33 AM |
|
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 don't know if that's possible because banks are not only for storing our money, it has a lot of functions like currency fiat exchange, loan among others banks are existing for hundreds of years we will have to change the whole monetary exchange if we are going to do away with banks
|
|
|
|
oni4an
|
|
September 23, 2018, 10:33:16 AM |
|
This adage applies only to developed countries. It is difficult to imagine that in countries with crazy inflation, electricity interruptions and clean water supply will be the basis of cryptocurrency. No, so the whole world would give up the banks need another 50 years, that's my opinion.
|
|
|
|
Shtamm_oval
|
|
September 23, 2018, 10:36:31 AM |
|
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.
Probably up to this time is still very far away, as in nastasee time, all held at banks, and what would change all this will take time and is not very small, so you should not have so talk.
|
|
|
|
Easteregg69
|
|
September 23, 2018, 10:39:05 AM |
|
My bank got a 2-way ATM. Money in and out. Does that make sense ?
I like it after learning how to use it.
|
Throw some "shit" and see what sticks.
|
|
|
tracy2233
Newbie
Offline
Activity: 25
Merit: 0
|
|
September 23, 2018, 10:44:33 AM |
|
Banks will be replaced by crypto banks in future as an idea given by Fred Schebesta that he will be opening Australia’s first crypto bank soon. This is his multibillion dollar idea which will make crypto bank a reality in near future. .
|
|
|
|
Debu
Newbie
Offline
Activity: 48
Merit: 0
|
|
September 23, 2018, 10:50:05 AM |
|
For me I think, it’s quite difficult as what he is saying, But also we need to admit that nothing is impossible, may be it will take longer time to happen like that because millions of people still remain unbanked, however a-lot of people are still out there that do not know anything about bitcoin. many country still see crypto as a threat to financial policy and this has led to some of them banning crypto. many cryptobank project have not been successful despite having goal oriented white paper. Certainly it's a long process before it happens so we need a lot of time to fulfill it.
|
|
|
|
Kolikalex55
Jr. Member
Offline
Activity: 278
Merit: 1
simply getting the job done
|
|
September 23, 2018, 11:01:40 AM |
|
I think that the banks will leave our lives not earlier than 70-80 years since now it is necessary to come a new generation of people who understand that the crypto-currency and the Internet can completely replace them !
|
Mycro Jobs 〈 SIMPLY GETTING THE JOB DONE ⟩
|
|
|
KenziCharlie
Jr. Member
Offline
Activity: 30
Merit: 2
|
|
September 23, 2018, 11:07:50 AM |
|
sooooooo let's get back to the price... is it a squeeze with a break upside, or a head fake to the down side? might go to zero, I know that but I'm bullish in the long term
|
|
|
|
Remainder
|
|
September 23, 2018, 11:39:16 AM |
|
The banks are important to us, even if you have a lot of money from crypto you really need to save it in the bank or it will be rotted in your place.
|
|
|
|
Sumo
|
|
September 23, 2018, 11:40:18 AM |
|
I think this news is more hypothetical than informational. No one knows exactly whether cryptocurrency can replace banks and how soon it will happen. But the assumption is interesting.
|
|
|
|
Trustor
|
|
September 23, 2018, 11:50:56 AM |
|
Traditional banks have made their existence irreplaceable and they are not just a mode for making transactions but they meet all adhoc requests of general public unlike Bitcoin which is constraint to only people who use internet. Decentralized nature of Bitcoin will never allow it to be anywhere close to being a bank.
|
|
|
|
Ahsan Aly
Member
Offline
Activity: 462
Merit: 10
|
|
September 23, 2018, 11:52:31 AM |
|
But first, need to Bitcoin have been run worldwide. There are very few countries that have installed BTC cash machines. There are several companies working on this. But this is not possible yet. It could take more time to implement.
|
|
|
|
fattyforhire
|
|
September 23, 2018, 11:58:12 AM |
|
Of course, I would like that to happen. But I do not think that bitcoin can really be a full replacement for banks. And banks have many other functions that are not yet under the power of bitcoin.
|
|
|
|
Austino1
Newbie
Offline
Activity: 42
Merit: 0
|
|
September 23, 2018, 12:03:26 PM |
|
I don't think so but rather about 90 to 95 percent of world population would no longer need banks. Cos 90 to 95 percent would be the people that would easily understand and adapt the concept of crytocurrency while the remaining 10 to 5 percent would not find cryto to be interesting. At the same time it will take saveral years for crypto to replace banks completely
|
|
|
|
minhlee95
Full Member
Offline
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
|
|
September 23, 2018, 12:10:05 PM |
|
This is just an assumption, because banks are now an integral part of our economic life, and it will take many years before they are gone. If that ever happens.
|
|
|
|
rtm125
Member
Offline
Activity: 434
Merit: 10
|
|
September 23, 2018, 12:14:49 PM |
|
I have little idea how bitcoin can replace banks. I use and crypto currency, and constantly use the services of the Bank and I do not know how, for example, will be able to pay utility bills through bitcoin, or take a loan.
|
|
|
|
francesyrus
|
|
September 23, 2018, 12:51:42 PM |
|
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 still need banks/remittance centers/atm machine to exchange our cryptos to our local fiat and cash it out. Although we can pay bills by means of crypto currency we still banks because not all merchants accepts crypto currency.
|
|
|
|
|