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zeingrind777
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October 19, 2018, 04:35:27 AM |
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In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
bitcoin will not be able to connect with banks because bitcoin wallets are banks that are fully controlled by bitcoin users. If the bank can accept bitcoin and bitcoin users can directly be given fiat and immediately enter the account, then all bitcoin users will feel happy. But that would be a big problem with the fluctuations in the price of bitcoin, and bitcoin is not liquid, for example, a bank has $ 1 Billion in the form of bitcoin, is the owner wallet able to provide $ 1Billion of funds in a fast time? for me, that would be a problem in itself |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Dana-pasar
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October 19, 2018, 05:07:56 AM |
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That's a very good thing, but it's not that easy. What's more, the security isn't 100% safe. For example, if the security is very good, then the crypto currency and so on will become one bank. Also, this will be very good news for all of us. ...
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Shreek
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October 19, 2018, 06:55:53 AM |
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whether you want it or not, the existing bank must also adjust to the times. if blockchain is used and legal in all countries, the first threatened product in my opinion is that people's interest in making transactions using FIAT currency will decrease, so that the position of the bank will experience a decline in income
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#dhabitamartha
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October 19, 2018, 07:28:03 AM |
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In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
this is like mutual benefit two good things if we pay from your bitcoin yields at a job and the bank gets this percentage will go hand in hand and will provide more benefits and more benefits. |
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DragonETH
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https://www.projecton.pro/
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October 19, 2018, 08:27:26 AM |
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In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
this is like mutual benefit two good things if we pay from your bitcoin yields at a job and the bank gets this percentage will go hand in hand and will provide more benefits and more benefits. bitcoin's interactions with banks will simply change banks. banks will be different, now there are projects of new banks that do not have offices in the usual understanding, only an office on the Internet. |
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Danilotot
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October 19, 2018, 08:48:05 AM |
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what I know is also the banks of the country in preventing the crypto for not accepting the bansan. and the bank is afraid to lose their currency, a currency is also a crypt but they do not accept bitcoin. but there's a news I've read before in my country that there is a bank engaged in one bitcoin. the bank can use bitcoin.
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Rana590
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October 19, 2018, 09:02:49 AM |
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Banks are still afraid on bitcoin. They are not accepting bitcoin for their fiat currency. They don't want to be threatened by accepting it but it is a great news that nowadays bank are showing interest on using bitcoin. Hopefully day by day bitcoin will be part of bank.
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jofox
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October 21, 2018, 07:02:56 AM |
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Thats never happen because bank don't trust bitcoin and maybe happen if bank realize that bitcoin is better than bank as payment
because it has not been allowed in the bank since the transition has long been passed and they also thought that if they had bitcoin they did not have it centralized it was decentralized. |
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Shreek
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October 21, 2018, 07:05:23 AM |
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when a bank starts to open with the existence of bitcoin, that's where the public will be very easy to know bitcoin, and surely there will be many who are curious and try the use of bitcoin
banks are very influential on the marketing strategy to increase the selling power of bitcoin and can be used as a pump strategy for cryptocurrency prices
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RinTohsaka
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October 21, 2018, 07:15:58 AM |
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The transparency provided by bitcoin technology will help banks to overcome the shortcomings such as frequent inflation. This technology will make big changes to help banks manage better.
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florianuhlemann
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October 21, 2018, 02:42:21 PM |
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perhaps paypal will simply have a wallet that will be the guarantor of payment, while combined with Fiat money)
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378budiman
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October 21, 2018, 03:19:02 PM |
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maybe a bank in your country can accept bitcoin, but banks in my country still cannot accept the arrival of bitcoin and have not received it with their hands wide open, but some of our residents already know bitcoin itself, maybe in the near future our bank can accept banks like your country, just pray.
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endut15
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October 21, 2018, 04:32:00 PM |
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Thats never happen because bank don't trust bitcoin and maybe happen if bank realize that bitcoin is better than bank as payment
because it has not been allowed in the bank since the transition has long been passed and they also thought that if they had bitcoin they did not have it centralized it was decentralized. we never know the truth that will come. whether or not the bank approves the crypto, because everything is difficult to guess. conditions always change every time without us knowing. |
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pundit
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October 21, 2018, 05:27:02 PM |
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Banks would not allow to transfer funds thr bitcoin, crypto is one of the biggest challenge to the banks as crypto affects its core business, transferring funds thr blockchain is easy, secure and fast whereas its not that easy and fast with banks although its secure, people are always attracted to the some unique service, banks have limitations to the services due to its daily expenditures, banks could not allow any free service but banks may tie up with blockchain owners for some good services.
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iamlds08
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October 21, 2018, 06:05:55 PM |
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banks cant hinder the new payment system so i believe that they will come up with an idea either to copy or cope with cryptocurrencies. i believe that crypto and traditional banking can co exist.
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Selly Arumsari
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October 21, 2018, 06:47:30 PM |
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In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
honestly, bad idea if bitcoin connected with our bank or our account in the bank, i'm afraid about tax...many people get extra income even more than get from offline job, maybe if our bitcoin connect with our bank it can be a high tax bill |
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sublime5447
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October 21, 2018, 06:49:20 PM |
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The bank might add additional bitcoin services in the future if the country has accepted bitcoin. And that will be easier for us to deposit our bitcoin quickly. But bitcoin cannot replace the country's fiat because fiat and bitcoin have their own functions th at cannot be replaced. |
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BestSSS
Jr. Member
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October 21, 2018, 07:10:25 PM |
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The banks would never do that. This is a direct threat to their viability and profitability. Knowing that the cryptocurrency can earn a lot of money if everything remains as it is now, people will certainly transfer their funds from their Bank accounts to crypto accounts. If the transfer will be with a minimum Commission the money in cryptocurrency will go even faster.
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Jansaa
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October 22, 2018, 02:54:57 PM |
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Bitcoin helps us in online transactions, peer transactions with trust! Digital money will support banking in the future trading system!
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EllieBasti05
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October 22, 2018, 03:24:23 PM |
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I think soon it will happen. and It will very convenient for all tourists having a vacation in other countries who is accepting a bitcoin.
Its an online application wallet where we can hide our digital currency which today banks already accepting due to increasing numbers of crypto transactions worldwide.
We can use directly paying using a bitcoin or bitcoin converting to a fiat money. The future is in the hands of the people it depends on us.
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