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Topic: Bitcoin is it the Future of Banking ? - page 25. (Read 5914 times)

newbie
Activity: 154
Merit: 0
August 02, 2018, 07:43:37 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
no, because the country's currency is the oldest before Bitcoin was born in the financial world. State authorities will not want their currencies to be replaced by bitcoins whose origins are unclear. the state currency is printed, visible, touched, overlooked to see its authenticity. For bitcoin, it's only for the person, not the world or the country
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
August 02, 2018, 07:31:07 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think bitcoin is better than bank and can remove the bank in the future. Trading activities will be faster and more efficient when there are no third parties involved. And bitcoin replacing paper money completely left me wondering, as governments will seek to manage bitcoin tighter. But bitcoin will still appear in future deals.
newbie
Activity: 182
Merit: 0
August 02, 2018, 07:19:49 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

And why do it, except to reduce the cost of translation Huh

I think if the banks work with Bitcoin they will find how to get extra money for their work.
newbie
Activity: 114
Merit: 0
August 02, 2018, 07:12:18 AM
in my opinion bitcoin will not be added to banking system untill unless they regularize it or legalize it . Once sec is approved ETF then there will be a chance to added to banking system .but in near  maybe there is a chance bitcoin can be treated as future of banking but for now it is treating to money exchanger only or investment choice to make money.
member
Activity: 350
Merit: 10
August 02, 2018, 07:09:54 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think Bitcoin is not really the future of banks as it is superior to banks and can completely remove banks from transactions and other economic activities. The bitcoin replaces paper money in transactions that will take place but not now, it will appear much in the big deals first.
newbie
Activity: 31
Merit: 0
August 02, 2018, 07:06:43 AM
Bitcoin can be used to replace money in bank transactions, but the rate of banks accepting bitcoin to replace money in transactions is still too small, in the future to come if bitcoin is unstable. Can not use bitcoin, traditional money is still mainly in the bank.
jr. member
Activity: 140
Merit: 1
August 02, 2018, 07:01:04 AM
While it's hard to imagine that bitcoin got into the banking system. At the moment I think they do not quite fit together. But the situation can change at any time. This seems quite possible, but then the banks will have to adjust to other directions.
newbie
Activity: 126
Merit: 0
August 02, 2018, 06:54:40 AM
In my opinnion  No and  i think  bitcoin does not affect the banks so much, because banks and bitcoin will always be on the different paths because of the different system that they both used.
newbie
Activity: 28
Merit: 0
August 02, 2018, 06:51:23 AM
Bitcoin can replace the money in the transaction, but bitcoin cannot be the future of the bank, the number of people knows bitcoin very little, the number of bitcoin users to trade less, banks pay more attention traditional money rather than bitcoin
full member
Activity: 294
Merit: 100
August 02, 2018, 06:46:22 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
We can't really predict what will happen with bitcoin in the future. There's a large possibility that it will replace money in the future when it comes to banking but having the fact that bitcoin has been illegalized by many country makes it harder to claim that it will happen sooner or later. We should keep on supporting so that we can make things possible and benefit us all.
jr. member
Activity: 280
Merit: 1
August 02, 2018, 06:43:45 AM
if bitokoyn completely replaces fiat money, I think it's impossible, we know that to use bitkoy we need to have Internet access and to other devices that can support, as well as the prices for bitkoyn are unstable.
newbie
Activity: 28
Merit: 0
August 02, 2018, 06:35:48 AM
I know bitcoin has been used to replace money in transactions, however, so that banks fully accept bitcoin in their transactions and payments, it takes a very long time, maybe bitcoin in the future will. is the main currency in the transaction.
newbie
Activity: 112
Merit: 0
August 02, 2018, 06:26:47 AM
It is gradually taking over online transactions and may infiltrate offline transactions  more rigorously in the coming years but I don't think complete replacement will ever happen.
newbie
Activity: 70
Merit: 0
August 02, 2018, 06:23:36 AM
If you fantasize and represent a distant future. Then, of course, one can imagine that bitcoin or something like that will replace phiatic money and the banking system as a whole. Everyone will have their own digital key, which will be a wallet and a document certifying the identity and many more different functions!
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
August 02, 2018, 06:16:03 AM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
In my opinion, even if in the future, i think banks and bitcoin will always be on the different paths because of the different system that they both used. Bank is the form of centralized financial system, and the bitcoin is the opposite : decentralized system. So, i think bitcoin can not replacing the role of bank and vice versa.
newbie
Activity: 29
Merit: 0
August 02, 2018, 06:12:45 AM
No, I think bitcoin does not affect the banks so much, the future that banks need is people and economy, not bitcoin.
newbie
Activity: 32
Merit: 0
August 02, 2018, 05:53:02 AM
When the whole world accepts bitcoin as a common currency, bitcoin is the future of banking, I think this will not happen.
newbie
Activity: 34
Merit: 0
August 02, 2018, 05:34:10 AM
Bitcoin is unlikely to become the future of banks, banks will not venture to use bitcoin for their transactions and payments.
full member
Activity: 512
Merit: 100
August 02, 2018, 05:18:04 AM
bitcoin will not replace banks
I prefer bitcoin to be called digital assets rather than currencies, bitcoin is digital gold..
newbie
Activity: 32
Merit: 0
August 02, 2018, 04:50:16 AM
I agree with your thinking, in the future banks will certainly use bitcoin for their transactions and payments, the convenience and high value of bitcoin will help banks to benefit more in large transactions.
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