Topic: Bitcoin is it the Future of Banking ? - page 17. (Read 5914 times)
Of course it will replace money because on con wants to take any kind of difficulties and caring fiat or money is always risky and also painful and people get the opportunity to remove their difficulties they will welcome that.
There is a great possibility that it may replace fiat in the way of transition because day by day people become very busy and if they got the opportunity to make their transition through their device they why will they prefer fiat.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
We all know that in using bitcoin we must have internet access and other devices that can support and also bitcoin prices are not stable, we also know that not all places can get internet access, and bitcoin also does not have a physical form, I doubt if bitcoin replaces fiat money fully I think it can't, and I think bitcoin is more suitable for long-term investment places.
I think NO. Bitcoin is a good currency, We know that thing. But I don't think it will become future banking. There all are in Digital. So some people are scared to deal with digital currencies and bye the way, BTC hasn't fix value. On day by day, it changing... Especially nobody can find owners of the BTC transactions. So I think bitcoin cannot become like a bank. But Bitcoin transactions are very very useful for us because it's very fast and easy to use. So it's really matching to the new generations world. However, I believe BTC transactions can become a worldwide legal transaction method.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Well, what does bitcoin have to do with banking? Absolutely none. Bitcoin can not replace banks. This is ridiculous. In addition, how money can be replaced by transactions. Money is money. A transaction, this is the transfer of this money. Bitcoin is unlikely to become the future of banks, banks will not venture to use bitcoin for their transactions and payments.
In my opinion, with bitcoin, we don't need a bank because we have our own wallets and can make transactions more easily. But I believe banks still survive because banks have a lot of experience in the economy and are able to adapt to any situation. Because the supply of Bitcoin is only limited I think bitcoin is an asset rather than a currency. Like gold, people will accept if it is used for payment but it will not be practical and I believe that future bitcoin can be accepted for transactions.
Bitcoin has great future and good investment platform, in this current market situation will change, its just a correction of market, more people believe including me price will reach $50k by 2020 so if you buy bitcoin at $8k it will be good profit in 2 years, and now days more people are interesting in bitcoin and crypto currencies, big investors will come to the market this current market situation will change, let see Bitcoin is very big help to people and they tent to buy bitcoin because of its value, worth and capacity to help a human being, and just think about the reality, the people are basing their life to the reality that they saw and that thig is a very big part.
it looks like it can be said that way because bitcoin is now able to save the most secure money is very secure and does not require a monthly fee. 
Well the blockchain is the digital bank and bitcoin is the future of all transactions most especially online transactions due to is flexibility and secured mode of transactions base on the block chain. But even at that the traditional financial institutions will still remains relevant in other for a free and fair world.
Nope, because bitcoin is totally against the banking and government system. That way, bitcoin will never replace fiat money.
Certainly bitcoin is the fate of the managing an account, if bitcoin replaces fiat cash totally I figure it can not, we know for ourselves to utilize bitcoin we should have web get to and different gadgets that can bolster and furthermore bitcoin costs are not steady, we additionally know not all spots can get web get to, and bitcoin likewise has no physical frame, I think bitcoin is more reasonable for long haul contributing spot. Bitcoin later on would be so effective.
fiat is fiat and that is the difference between bitcoin and the traditional way of banking. I don't see the two coming together. let just say bitcoin is a digital form of using money or investing. it is just left for these banks to adapt to the use of blockchain
All countries will not agree with bitcoin to replace the financial system, but there are interesting things to discuss if the government applies vitrual currency and adopts blockchain technology. read:Central Bank-Issued Cryptocurrency Round Up: IMF, BoE, Hong Kong. What do you think?
that means from there we can draw conclusions, if this blockchain technology can be applied to banking, not bitcoin, bitcoin is just one form of digital assets. it's just my understanding, please correct.
It can be banking sector, activities carried out in a bank are done in the cryptocurreny market. its more of investment and means of payment which is what the banks entails, there are cycles in the banking sector which also are in the bitcoin market.
Bitcoin is taking over the monetary world..it's difficult to believe but that's the truth.
All countries will not agree with bitcoin to replace the financial system, but there are interesting things to discuss if the government applies vitrual currency and adopts blockchain technology. read:Central Bank-Issued Cryptocurrency Round Up: IMF, BoE, Hong Kong. What do you think?
Bitcoin is the future of investing. Investing is most important to future. People are investing in banking but profit is smoller and people are disapointed in banking. But bitcoin investing is most profitable during the short tearm. But there is a risk also with investing in bitcoin because of the price plactuating. We have to keep eye on if we invest in betcoin. Those are the reasons between banking and bitcoin investing
Bitcoin can't be future of banking sector, we can say blockchain can be future of banking because we have seen blockchain applications in different sector including bankings.
last year Barclays introduce blockchain in their banks. similarly in future there will be new development in banking sector.
I'm not sure if bitcoin works the same as a bank, because I think bitcoin is unstable, and is always used as a means of payment, and investment. different from the actual bank function, which is only used to save money that we have safely, and the government is responsible for the bank. last year Barclays introduce blockchain in their banks. similarly in future there will be new development in banking sector.
I thinks, BTC will play vital roll in future. Belgium already introduce BTC ATM machine. Because of that BTC will be imprtant in Future banking
Bitcoin can't be future of banking sector, we can say blockchain can be future of banking because we have seen blockchain applications in different sector including bankings.
last year Barclays introduce blockchain in their banks. similarly in future there will be new development in banking sector.
last year Barclays introduce blockchain in their banks. similarly in future there will be new development in banking sector.
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