The Future

[ifarted]

•Bitcoin replacing Banks.

Although we know nothing about the future but in my own opinion, i do not think that bitcoin could replace banks.

I know that it has a potential to do so but i'm still not convinced. I wanted to witnessed it myself, with my own eyes because you know how the old saying
goes " to see is to believe" and that's how it works for me.

•Robotics replacing Man-power.

The world is still in a process of developing and evolving, i wouldn't be surprise if this happens because it is already starting to happen.

Right now, we're already experiencing the near future ahead of us where everything is handled by robots and robots alone. Japan is a good example, they make robots serves in a coffee shops. I've seen it recently and was amaze by it and indeed robotics would replace human power in the future. There's no doubt about it.

For more info, click the link below:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.businessmodelsinc.com/machines/&ved=2ahUKEwi-6f3DlPrzAhXBdN4KHRj3AyQQFnoECDQQAQ&usg=AOvVaw3DrnIgPsZvq91tlVVqQoJt

[/quote]

[noormcs5]

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 ?

In summary, the technology will be replacing the manual work and  if all of them is deployed in true sense, it will be helpful for the humanity. We have already seen the advantages of Uber and how it changed the whole taxi industry. Robotics  and Artificial Intelligence is the next big thing and bitcoin will also get more adopted with passage of time.

[worldofcoins]

•Bitcoin replacing Banks.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

Bitcoin won't replace or take over or kill banks. It won't happen. Bitcoin, fiats and CBDCs will co-exist in the future. They will have different proportion in our society and have different target populations.

Think of paper book, e-books for example. They co-exist after many years since the innovation of e-books. Each type has own use cases and pros as well as cons.

Exactly, People I've seen (most) need to have the satisfaction that their money is safe and protected but they're not responsible for it.
This behavior itself is avoiding responsibility and one of the many reasons for them to prefer Bank over Bitcoin or Crypto.

Banks also provide loans which Crypto also can but it's complicated and is extremely hard to handle.

[habebe]

I agree with the opinions of the majority, for me to change the future into a bitcoin crypto currency is enough for me to increase it even more now I will exchange it in case bitcoin changes in the future here I will still remain a bitcoin crypto  bounty and as far as I know, even in other countries, bitcoin is gradually entering, soo for bitcoin has changed the whole world and that will come too, inshalla

[MinoRaiola]

In the future… the virtual reality is growing. If you just watch people, you quickly notice that they are with their smartphones. For the most part, they play games or check social media. Sometimes they make phone calls, but the cell phone is no longer as important. So most people are gone in a virtual world. Den now the metaverse will develop and people can do what they want there. That will be the future and in that future there be a virtual currency...will it be bitcoin?

[sherenikaw]

to replace the old technology is not easy and it will be difficult because it takes trust and confidence from people to use new technology as described above. doesn't mean you can't, it's just that there are some things or technologies that were created just to help make things easier, not to shift old technology because it would be difficult. and talking about crypto replacing banks I think it will be too difficult, crypto and banks are different. they have their respective advantages that cannot be shifted from one another.

[Shasha80]

•Bitcoin replacing Banks.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?

Bitcoin won't replace or take over or kill banks. It won't happen. Bitcoin, fiats and CBDCs will co-exist in the future. They will have different proportion in our society and have different target populations.

Think of paper book, e-books for example. They co-exist after many years since the innovation of e-books. Each type has own use cases and pros as well as cons.

Exactly, People I've seen (most) need to have the satisfaction that their money is safe and protected but they're not responsible for it.
This behavior itself is avoiding responsibility and one of the many reasons for them to prefer Bank over Bitcoin or Crypto.

Banks also provide loans which Crypto also can but it's complicated and is extremely hard to handle.

The reason why banks still get the trust of the majority of people, is because banks can provide security and protect their customers money,
without the hassle of customers being responsible for their money. All the banks will handle it, while in crypto we ourselves must be responsible
for the security of our money. For people who want to manage their own finances, without a third party involved it will choose crypto.
And in the future more and more people will choose crypto, because people will increasingly understand the benefits they get from crypto.
But that does not mean that in the future banks will disappear, but it is likely that banks will start adopting crypto. According to my predictions
eventually everything will remain both banks and crypto, because it is impossible for a bank system that benefits the government to be replaced
by crypto.

[24Kt]

to replace the old technology is not easy and it will be difficult because it takes trust and confidence from people to use new technology as described above. doesn't mean you can't, it's just that there are some things or technologies that were created just to help make things easier, not to shift old technology because it would be difficult. and talking about crypto replacing banks I think it will be too difficult, crypto and banks are different. they have their respective advantages that cannot be shifted from one another.

I believe, that's one item from the OP's list that would not happen in our lifetime. Yes, crypto is growing but I don't think we will see it proliferate and replace the traditional banking system. There are benefits using crypto but we can't deny the fact that the government is still relying from the services of traditional banks. Actually, most of the population on this planet will trust the banking system over crypto system. For one, the government wants a centralized platform where they know the ins and outs, and crypto is far from this system. But we can all agree that crypto adoption is growing each day, so let's just appreciate this growth and look at reality.

[lucates]

•Bitcoin replacing Banks.

This is very unlikely to happen, even though this world goes back to the time of ancient humans.

Bitcoin and Bank are far different, what you think will not happen, how do you combine: Bitcoin and Bank.

World bank is to provide financial funds or aid funds to various countries whose economies are not healthy, so that they can influence the economic conditions of the surrounding areas.

Bitcoin is a new currency or electronic money that was created in 2009 by someone using the pseudonym Satoshi Nakamoto.

Bitcoin is mainly used in transactions on the internet without using intermediaries or not using bank services.

These two factors are clearly contradictory, nothing will happen what you think it is, get rid of the dream, no.

•Robotics replacing Man-power.

This one is possible, it has similarities in terms of its working system, especially: technology, design, structural, construction, application, evaluation, electronics etc, yes maybe.

•Uber replacing Taxi's.

Well, this is getting more and more confusing. Uber's meaning is broad, what does that have to do with Taxi's, this has nothing to do with that, no.

•Amazon replacing Bookstores.

This is even worse, the perception is far between Amazon and bookstores, Amazon is an internet company, while what bookstores/libraries, wow, this is a mess if you think like that in the future, no.

•AirBnB replacing Hotels.

yes, this might happen in the future still has something to do with lodging and the like, yes maybe.


Conclusion: Stop saying anything in the future of Bitcoin with Banks, it won't happen, remember that, other elements may be possible, it's up to you, as long as you don't associate Bitcoin and Banks.

Everyone have right to thought and expression. Here the discussion is about "the future" it maybe 10,100 or even 500 years. The legacy of banks are falls that you are witnessed in 2008 crisis. So I strongly believe ending up of banking system  and the fiat currencies are near future. Maybe Bitcoin will not be replace banks but government backed crypto currencies will definitely replace. In 40's and 50's digital transaction is just a dream bt now it's common. So whatever shifts come off we should update our acquaintance and go ahead.

[DewiKirana]

Bitcoin and banks are different entities. A bank is a legal entity that oversees the circulation of applicable money, while Bitcoin is a cryptocurrency or digital money.
It can be seen that Bitcoin and banks have different functions, maybe in the future what will replace Banks will be Exchanges that bridge the circulation of cryptocurrencies, including Bitcoin.

[Mpamaegbu]

•Bitcoin replacing Banks.

There's no way this is going to be possible. If you said it would make banks redundant, there would be a possibility to that the same way eMail made Postal services redundant. Even with the spread of knowledge and use of the internet in sending messages, the eMail hasn't still replaced postal services. Come to think of it, there are countries still struggling with internet services, and there are some with much illiteracy level; so how are those ones going to fully embrace Bitcoin and jettison banks?

•Robotics replacing Man-power.

There are jobs robots still can't do despite their sophistication. And that will continue to remain that way. Nursing is one of them.

•Uber replacing Taxi's.

Isn't Uber taxi? Both are the same except for convenience and ease.

[riskarcher]

The point you mentioned will probably happen in the next 10-15 years with the presence of the metaverse. all structured in the digital world along with Bitcoin as the currency and robotic have assignment to working.but in the real world the Bank still dominates, especially as long as there is a global elite that governs the world government, it is impossible for the Bank to be acquired by bitcoin. everything we dream of in the future will be possible

[South Park]

to replace the old technology is not easy and it will be difficult because it takes trust and confidence from people to use new technology as described above. doesn't mean you can't, it's just that there are some things or technologies that were created just to help make things easier, not to shift old technology because it would be difficult. and talking about crypto replacing banks I think it will be too difficult, crypto and banks are different. they have their respective advantages that cannot be shifted from one another.

I believe, that's one item from the OP's list that would not happen in our lifetime. Yes, crypto is growing but I don't think we will see it proliferate and replace the traditional banking system. There are benefits using crypto but we can't deny the fact that the government is still relying from the services of traditional banks. Actually, most of the population on this planet will trust the banking system over crypto system. For one, the government wants a centralized platform where they know the ins and outs, and crypto is far from this system. But we can all agree that crypto adoption is growing each day, so let's just appreciate this growth and look at reality.

While I support bitcoin I am not so sure that will ever happen, the influence of the governments will be massive for this development not happening but people will also play its part, we must remember that banks originally were created to keep the gold of the public safe since they could not do it by themselves, and I see the same happening with bitcoin, many people are not capable of securing their coins and will rely on banks to do this for them, creating a need for banks and the fiat system.

[Hippocrypto]

Human are so wise nowadays and love to discover things that can benefit to humanity. Therefore, we can assume a lot of development in the future such as the way we do transactions. Bitcoin may became a future money and there's nothing that banks and the government can do about it. Bitcoin or banks can't even replace each other or Bitcoin won't kill banks. Bitcoin and banks may exist in the future but have different proportion in our society and have different target population. And about the Robotics replace to Man-power, it might be possible since technology is very useful nowadays that people may think to create even thousands of it. As I was saying, human are so wise nowadays that they will discover things that might benefit to humanity.

[dark1234]

I'm not sure this is an intimidation of progress or whether their reason is a real fear so they reject bitcoin but I still believe this needs time and a middle solution so that everything becomes simple and complementary and accepted in the lines and terms of the future economy without dropping each other

[bosede1]

For me in my country right now all this are not true for bitcoin replacing banks, not even talking in respect to my country I didn't see the reason that will make you say this even if you use bitcoin replacing fiat I can even try to agree with you on a little percentage

[dimox]

im not sure if bank replaced by bitcoin. yeah, crypto user is strong than banks, but its not strong enough to replace it, but i have faith if they can walk together.
hard to adapt in new technology for older, they must choose to take the easier than something thorough.

[blatchcorn]

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.

According to wold bank, there are around 2 billion people globally that are out of banking system due to different banking constraint. Bitcoin can be very useful tool to include all these bank less people into financial ecosystem. But bitcoin is not in a position to replace banks. Just like AirBnB coexist with hotels n uber with traditional taxis, bitcoin will coexist with banks.
First of all Bitcoin need to made it to main payment system, if it really wanna replace banks.

[Doell]

"Bitcoin replacing Banks" unreal about that uncertain future not only some bank institutions but almost all banks do not like to participate in legalizing bitcoin in their country ,even in my country banks are very against crypto ! another thing is that bitcoin is superior to banks because the current situation around the world many are adopting bitcoin and they are even more fortunate in investing in bitcoin ,starting from trust of the whole community that invest in bitcoin leads to abundant wealth ! this point will also coexistence with banks in a more advanced society's economy ,because banks also benefit from customers who disburse funds to bitcoin or from bitcoin

[syedakhlaque]

It is the nature of humans that he remembers the past in good words but he remains fearful about the future and what is going to happen to him. This is not reality. Change always takes time until the human mind is ready for this change.
 What will be in the future always expect God that he will do better. And surely you would find everything better.
Nature always wants change and advanced technology is a reality. something will be replaced by someone and this is a natural process. Not no need to worry about it.