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Ebede
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October 10, 2021, 03:33:23 PM
 #61

This the main reason why government and bank's don't want Bitcoin and Crypto Currency, I think they'll get out of control and can no longer be in full control by the government.
Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.

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October 10, 2021, 04:15:02 PM
 #62

Yes, progress and innovation are kept on happening but btc will stay as btc but there are things that will bloom one of this days that involves BTC. Like using it worldwide for daily transaction or payment and others. Lifting ban, specially in some countries and many more.

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October 10, 2021, 04:17:41 PM
 #63

This the main reason why government and bank's don't want Bitcoin and Crypto Currency, I think they'll get out of control and can no longer be in full control by the government.
Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.
Yes the simple reason is that they cannot control the funds that is kept in crypto space and both government and banks want to control of the money so that they can plan their schemes accordingly.

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October 10, 2021, 04:32:54 PM
 #64

These things could possibly happen in the future especially now that our technology is getting more advanced but I don't think Bitcoin replacing banks could happen soon. We all know that there are still lots of things that contradict it. Bitcoin is still in the process of adoption so it still needs time to be accepted in most countries.
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October 10, 2021, 04:49:34 PM
 #65

In this day and age we have to keep up with the times otherwise we will be eroded by change. Nothing lasts forever. They are not lost, only replaced with changes for the better. But bitcoin cannot replace banks because they have their respective functions and their benefits are different. So no intimidation here. Because we live in the future, not in the past.

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October 10, 2021, 06:43:59 PM
 #66


Bitcoin is the future of money & there’s nothing banks or governments can do about it. They either adapt & accept bitcoin or get left behind & become obsolete.
correct, it will gonna happen and they don't have choice as it's very obvious that bitcoin is really the future, indeed even nowadays there are some countries that already adopt bitcoin and made it as a legal tender.. So much more in the future? Unless if other countries create their own digital currency like what happened to china because there's a potential it will not  gonna happen to bitcoin.
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October 10, 2021, 11:24:57 PM
 #67

•Bitcoin replacing Banks.
I think this is really difficult because BTC is very difficult to replace fiat money and it can only exist side by side.
•Robotics replacing Man-power.
Yes,it is the progress of man in the future i think human power will be completely replaced by machine power
•Uber replacing Taxi's.
I think Uber will replace taxis in the future and it will grow strongly, in the future it will replace all taxis.
•Amazon replacing Bookstores.
Amazon is popular and known by many people, but I still like to read books on mobile apps or books in the library because it is more convenient and easier to use Amazon.


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October 11, 2021, 11:06:02 AM
 #68

No one can anticipate what would be happening there in the future. Today if we Compare the last 100 past years with 100 future years what will we feel. What will be the situation there about advanced technology and software development. What replacement will be taken there?
I think that Bitcoin and cryptocurrency will be a Global currency in the coming day and its business will be going as a Global business in the global Bitcoin market.

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October 11, 2021, 01:10:24 PM
 #69

I don't think this can happen, especially if Bitcoin Replacing a bank is difficult because market conditions are unstable and difficult to control or even impossible to control. Yes indeed no one knows what the future of Bitcoin will be, when viewed from previous years Bitcoin continues to skyrocket and is increasingly known to many people. This is a positive thing and maybe this can be a big hope for the future so that Bitcoin will be better and not abandoned. As a crypto user I hope so too.
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October 11, 2021, 03:06:36 PM
 #70

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
Well, new things and ideas keeps coming out every time. The world never seizes to impress us with new things all the time. But some of the things we see are not there to replace the ones that are already there, rather they can come to coexist with the other ones that have been, and just be another means to achieve the same thing.

Uber is same thing with Taxi, except that it has made things easier, you don’t have to run out to look for taxi, rather you can order for that same taxi in the comfort of your home at anytime. So, these innovations are making things easier and not really a replacement. Between bitcoin and the bank, I think it is more likely going to be a coexistence.

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November 02, 2021, 08:51:55 AM
 #71

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

It's a 50/50 situation here, cause I can agree and disagree at the same time:
banks will adopt to BTC
robotics will replace man-power only where possible, cause we know what life-factors are and not all robots can easily replace a man-kind thinking
Uber is a taxi already, but there are countries that don't let it in, cause they already have a monopoly and that might stay
bookstores can be replaced by anything, but still real paper books will stay in use, because of the aura they have,
hotels will doubtedly come out of popularity, cause there are too much people who are not ready to give up comfort and luxury to rationality.
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November 02, 2021, 09:30:17 AM
 #72

Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.
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November 02, 2021, 09:48:01 AM
 #73

Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.

We are all not fortune tellers, so we don't know what will happen in the future, anything can happen in the future. But for now I dare to make sure
the banking system still cannot be replaced. Moreover, blockchain technology is still being studied and not fully understood by the government,
so most countries are still neutral towards cryptocurrencies. So we should just be grateful with the current situation, at least we can all enjoy
the benefits that cryptocurrencies provide. It takes a long process to replace the banking system that has been running for a very long time.
After all, most people still need education about cryptocurrencies, to be honest the majority of people don't really understand cryptocurrency.

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November 02, 2021, 10:09:38 AM
 #74

Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.
it is not the society is not ready but it is the idea why there is a need of Replacement? why does Blockchain need to replace banking system in which the world having all our life for hundred years?
do you really believe that as easy as that it will be replaced? People around the world knows Banking but only few knew about Blockchain so where did you get the idea of replacing?
this will only happen in the next hundred years and not in our generation now.

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November 02, 2021, 11:36:03 AM
 #75

Bitcoin replacing banks in my opinion is impossible. Bitcoin is unstable and uncontrollable making it difficult for him to replace the position of a bank that is controlled by a government or state. Bitcoin is more suitable as an option to invest in the future or trade as it is today. However, it is more developed and gives rise to new techniques. Even if you think about it, fluctuating market conditions indirectly become your source of income from crypto, when the dump market you buy then pump you sell it. Otherwise it may be difficult for you to make a profit

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November 02, 2021, 12:37:12 PM
 #76

If this can happen all outside of our thinking, because everything you mentioned is very difficult to happen as it happens now that the bank can adapt to bitcoin and it will go well then it will be difficult for bitcoin to replace the banks, but for Uber and taxis are currently being rivaled in the world of transportation and both are still equally used by consumers, But for others also happened like that, then for the future there will be changes but we do not know what will happen, it could be born the latest technology and competition will be higher.
Indeed. I think some of those I agree but others I will reject. Because as other people said, banks will choose to adopt the revolution of cryptocurrency world, it is too impossible to happen. There's a lot of things that crypto is used such as a way of payment for transactions and other goods and services that crypto don't need banks for using as a way of transaction. That's how human are so wise and love to discover new things that are beneficial to humanity. But, still it will depend to what should happen to the future, we can't predict.
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November 02, 2021, 01:20:26 PM
 #77

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
We haven't gotten the best of AI yet we still await more technological advancement In some areas you mentioned above like for Bitcoin it can't replace the traditional banking even if it might serve as a compliment in near future. Bitcoin isn't stable a more stable digital currency would serve this purpose

For Uber we haven't had the best of transportation yet more advanced technology would be developed to counter Uber service in the future

Robots are gradually replacing human efforts in some sector of life and soon it could be incorporated into many other fields
More and more advancement are expected. Artificial intelligence is the future replacing human efforts with sophisticated machines
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November 02, 2021, 01:30:45 PM
 #78

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

I think with a lot of these things there is a big difference from one to the next.  I would agree with your premise that many people are failing to see what's the best bet for the future, but as with anything this simply takes some time for people to get used to.  I think with all of the other things they were a much lesser transition than going from traditional money to bitcoin is.  It will happen over time imo, it will just take some time.

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November 02, 2021, 01:56:24 PM
 #79

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
4 years ago there was a lot of speculation that bitcoin would replace banks but realistically the world needs money and bitcoin converts into money needs, all economic chains have their own mutualism symbiosis

•Robotics replacing Man-power.
the future point that you imagine may only be a few things that happen but we are social beings who will never be replaced by robots even in the  place of work

•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

maybe this point will be realized in the future, especially after the covid pandemic

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November 02, 2021, 02:29:57 PM
 #80

Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

Banks have their own use case and it has existed since the beginning. Replacing it with bitcoin is impossible or it may not happen.
Robots cannot do all human work, it will not happen to replace human power but they will remain in the future and will be a part of people’s lives because of modern technologies.
Amazon is a company that offers online services. Bookstores will remain in different places and will continue to exist because people prefer to read hard copy type books rather than electronic books.
Maybe a lot may change in the future but what people have been accustomed to since then will remain.
Let the next generations face those changes.

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