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Topic: Bitcoin Is Going Mainstream Banks Are Disappearing - page 3. (Read 3721 times)

member
Activity: 117
Merit: 100
I do agree to the statement that bitcoin is going mainstream, it's already happening right now and we can see the increased adoption, not yet the real mainstream but moving in that direction, probably in few years bitcoin would already have established itself as a worldwide currency.

Regarding banks disappearing, not sure about that, even if bitcoin does go mainstream that doesn't mean the previous economical system is completely changing, banks do serve a benefit for people and therefore it will continue until something cover that same need.
hero member
Activity: 1106
Merit: 521
Some great ideas about how to get the word out about bitcoin, particularly the idea about getting on tv naked, i would pay to see that myself.
sr. member
Activity: 812
Merit: 252
The banks will not disappear, but the more people who will use bitcoins, the more freedom we going to have. I must tell you the true that I am sick of the excessive fee those robbers put on mortgages, bank accounts, trading platforms.

Are you going to pay 5BTC for a nude ass Wink
hero member
Activity: 574
Merit: 500
We need more time.Kids in the future will read about bitcoin at schools. Bitcoin will change our payments. We will use only digital money in future.
full member
Activity: 205
Merit: 100
Bank will not disappear as this system is long proven that they are making money and people who control it will do all things by just not messing up the system that giving them big money. Banks that are going bankrupt are the one whos into the game not for a long time thats why they are being beat up by the larger banks as those banks can liquidate their money easily .
sr. member
Activity: 399
Merit: 250
There is a long way to go before Bitcoin becomes mainstream, but big steps have already been taken, and it seems Bitcoin is on the right track. Either way, that does not mean the end of the banks. Institutions with so much money and political support can find some ways to adapt, but surely fewer and fewer people will depend on it.
sr. member
Activity: 434
Merit: 250
Free Crypto in Stake.com Telegram t.me/StakeCasino
for me bitcoin is just an alternative currency people should stop thingking that if it will get impemented it will wipe out the current system and will just be bitcoin ! bitcoin was already noticed by the government and they are making way to properly use it to make it as an alternative money that will be used by the public but my implementing it , it will not abolished the banking system ! it will just be like paypal or any other financial services that already implemented all over the world
sr. member
Activity: 434
Merit: 250
sorry but I dont think it is likely to happen , buy making bitcoin mainstream that doesnt make bank to disappear , bank has invested many years to people and ofcourse they will not allow their bussiness to be ruin just be because of bitcoin and lastly bitcoin and bank are different entities there is no way they will contradict each ither actually I think having bitcoin in mainstream will be use by bank to make it as an advantage contrary to what you are saying
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Might want to go to this thread: https://bitcointalksearch.org/topic/2017-02-11-worlds-first-dedicated-bitcoin-bank-opens-in-vienna-1786427

Apparently the first bitcoin bank opened up in Austria.
But it quite isn't what you would think your typical bank would be able to do with the bitcoins you would deposit.
It sounds more like a services and loans type place where you can withdraw but your deposits are just your own wallets. Undecided
So no real point in it really. Angry
legendary
Activity: 1400
Merit: 1001
Most of these advice are too extreme for normal people. I don't really want to promote bitcoin by painting bitcoin's symbol on my naked butt and jump around like crazy.
While it may gather attention and spur some curiosity it is not the way to promote serious cryptocurrency which can rival the banks.

Discussion & education is the key. Most of bank clients are oblivious and have no idea how economy works.
We need to enlighten them and show all the cons of bloated banking system.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
We have heard many news reports of economies failing and banks failing to restore the system, and bitcoin been used as an alternative mode of payment but that doesn't mean banks are/will disappear as they play a vital role.
member
Activity: 116
Merit: 100
Buy doing those marketing and advertisements to make bitcoin in the mainstream, what is you assurance that banks will really disappear? It is too impossible for now for bitcoin to make the banks disappear. Bitcoin is not yet fully recognized worldwide. It still has a long way to go.

We are always talking long term... ofc banks wont disappear in 5 years... but as things like bitcoin grow and old people using traditional banking die... i bet for 30 years from now we will see the last banks remaining, as we see now CD's or floppy disks
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
instead of wishing banks to disappear as your main goal which is an impossible thing, you should be thinking about how you can increase the usage of bitcoin. OP already has some suggestions there but it is not enough to just say these things and talk about it endlessly, we need to see some action.
Banks are the universal finance service supporters. Right now bitcoin replacing all the needs similar to banks takes place after years. Increasing the usage as mentioned is quite good. People need to spread the existence is much important for growth of bitcoin.
legendary
Activity: 3472
Merit: 10611
instead of wishing banks to disappear as your main goal which is an impossible thing, you should be thinking about how you can increase the usage of bitcoin. OP already has some suggestions there but it is not enough to just say these things and talk about it endlessly, we need to see some action.
sr. member
Activity: 376
Merit: 250
To the OP. Give up. The banks will not disappear. Maybe you have been listening to Antonopulous or however his name is spelled too much. He does not know what he is talking about half of the time when it comes to the future of Bitcoin and finance. Bitcoin and crime was made for each other and both will continue to become big online by supporting one another like a symbiosis.

A "mainstream Bitcoin" is out of the question.

yeah right, bitcoin itself doesn't have a good reputation in terms of legality that's why it is very impossible that all government and banking system around the globe will adapt the bitcoin mainstream because it is not meant for legal business.
legendary
Activity: 2898
Merit: 1823
To the OP. Give up. The banks will not disappear. Maybe you have been listening to Antonopulous or however his name is spelled too much. He does not know what he is talking about half of the time when it comes to the future of Bitcoin and finance. Bitcoin and crime was made for each other and both will continue to become big online by supporting one another like a symbiosis.

A "mainstream Bitcoin" is out of the question.
hero member
Activity: 1302
Merit: 532
As long as the fiat is used by people and i do not think that it will be there for a very long time and so is the case with banking,you really cannot over ride banks and its status with the current stage.Bitcoin is not at all a mainstream currency only time will tell what the future holds for the coin.
newbie
Activity: 40
Merit: 0
I Live in Arhnhem The Bitcoin city in Netherlends, i can buy everything with bitcoin. I am not using banks more than a year and will never use them.
full member
Activity: 210
Merit: 100
Bitcoin mass adoption means the price skyrocketing. That makes the market cap to even higher, and possible to adopt by everyone. It would be great to finally hear good things about Bitcoin and make the banks disappear because banks are evil.. They seem to be good, but instead they try to kill you (indirectly - taking your money and goods).
hero member
Activity: 560
Merit: 500
I think even when Bitcoin becomes mainstream, people will continue to use banks for a long time. The transition from fiat currency to cryptocurrency is something that can make people less dependent on banks, but banks have a lot of financial resources, and such resources can help such institutions find ways to adapt to that reality. For example, there are already cases of banks accepting deposits in Bitcoin.
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