Topic: Bitcoin is it the Future of Banking ? - page 21. (Read 5914 times)
I don't think that the future of bitcoin is related to banking. Because bitcoin cannot be controlled and is difficult to be associated with banks. And bitcoin will not replace fiat in transactions. Bitcoin has its own portion for a better future.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I can not actually imagine for now, how it would look like but I think that banks should be paired with cryptocurrency in near future because otherwise bank will be not needed anymore when cryptocurrency will take place on the world dominion. i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I do not think so that bitcoin will be the future bank for we do not used centralized currency on cryptocurrency. Aside from that if we talk about banking then preferably it should be handled by a third party or a group to secure your bitcoins and should be held liability if it will be taken away from the scammers. However, in cryptocurrency we do not need banks because we have our digital wallets and could be stored online or offline.
The world is changing new innovations are coming up so there is every possibility that bitcoin can be the future of banking and will be of a very good advantage to the society at large.We can make use of fiat and bitcoin same time
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
First, i think the fiat money that we are used to and still using can not be replaced by bitcoin for bitcoin is too much for the government to handle. Then we have bitcoin replacing banks is also a good idea yet too impossible also. Again bitcoin is hard to control and banks have their unique method in handling money. But we should still look for the different possibilities.
As I think it is impossible, the current and future BTC will not be able to put into the payment of goods and services as flexible as fiat
When I hear news in my country that some banks are starting to accept or want to start accepting bitcoin, I understand that this is done to advertise the bank. In reality, I think it will not happen soon.
I think this is possible however not all country is allowing bitcoins into banking since there are changes on its price time to time, a much inconsistent change in banking. But i think there will come the time that some country accepts banking of bitcoins.
Bitcoin is very popular currency in online market. At this time some bank accept bitcoin in their payment. But many countries bank are not accept bitcoin, they think it's risk. I hope in future all bank accept bitcoin in every country, it will be soon.
People don't know that if you're a good handler of bitcoin, it can secure your daily life. So much for that, bitcoin can do so much in transactions online but might not replace the tangible one.
I do not think it is possible because in today's time, the people have more faith in the banks. They find their money more safe in the bank.But maybe it is possible in the future.Also, when people around the world adopt Bitcoin as a currency.
Bitcoin may not be really acceptable around the world in real terms but it has increased transactions of people around the world. Over times, bitcoin is well trade big time all around the world.
It is unlikely. Rather, bitcoin (or another decentralized currency) is something that can bank banks ... or at least greatly change them .. but this is definitely not going to be good for banks)
In general, banks can lose their meaning ... and very soon
In general, banks can lose their meaning ... and very soon
Bitcoin is not the future of banking . However , the banking sector will further witness a massive disruption due to the the introduction of blockchain technology .
I think that in the future banks will use bitcoin for internal operations. Perhaps they will give loans and take for %. We'll see how it's will be, it's hard to say specifically. All is not very permanent. Even if this happens, it will not be soon.
Bitcoin is certainly the future of all of us. It is the whole new technology that has so many advantages and functions. Everybody will benefit from it. It is the fastest technology on the market.
Well, everyone asks these kind of questions from the beginning of crypto. In my eyes, banks are totally different thing. I think the future is not clear enough to guess what will happen. Time will tell the true power of bitcoin and other cryptocurrencies.
The banks have so many different functions and bitcoin has nothing to do with banking and can not perform the functions of banks. Bitcoin can serve as a way of payment and as a way of making transactions and I don`t beleieve the other functions of bank.
They will be very different because the Bank will never agree with the existence of Bitcoin because there is no interest from the money you have or tax deductions.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I do not think it will replace the bank, because the bitcoin is different from the bank. Bitcoins are considered as valuable, and banks are places of value. As bitcoin can become something to exchange, it is very likely to happen
The banks have so many different functions and bitcoin has nothing to do with banking and can not perform the functions of banks. Bitcoin can serve as a way of payment and as a way of making transactions and I don`t beleieve the other functions of bank.
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