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Question: When will people start closing their bank accounts?
2011 - 4 (7%)
2012 - 5 (8.8%)
2013-2014 - 3 (5.3%)
2015-2016 - 7 (12.3%)
2017-2019 - 4 (7%)
2020-2024 - 2 (3.5%)
2025+ - 6 (10.5%)
It won't happen - 20 (35.1%)
I have no idea - 3 (5.3%)
I do not have a bank account/already closed it - 3 (5.3%)
Total Voters: 57

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Author Topic: When will people start closing their bank accounts?  (Read 3859 times)
bittersweet
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May 14, 2011, 02:04:44 PM
 #21

I doubt it will happen. Bitcoin banks seem to be inevitable if there will be so many people doing transactions that running a node will be impossible on average home PC. And I think normal banks will offer Bitcoin banking, they would be stupid to not to.

My Bitcoin address: 1DjTsAYP3xR4ymcTUKNuFa5aHt42q2VgSg
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May 14, 2011, 09:04:36 PM
 #22

When there is a better, more stable option to store cash in for the long-term. Thanks to FDIC insurance, the only way I'd lose what is in my bank is if the government went under. Hey, we're in debt trillions of dollars, not like they can't cough up for my measly five grand.

They will never stiff you 50 pieces of paper. That isn't what you should worry about.

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May 17, 2011, 12:46:01 PM
 #23

youll never get the majority of the population closing their bank accounts in favour of bitcoins, most of the advantages of btc dont apply to the average person.
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