Topic: Bitcoin is it the Future of Banking ? - page 29. (Read 5914 times)
no,i don't think it will be the future of banking because i think government only want to kill bitcoin, they don't want to let it legally
I think in the long run maybe a 100 years from now crypto will totally replace fiat. But I am not sure if it will be bitcoin. It is possible that it is a new cryptocurrency that will replace btc. The banks will stay in power but their power will wane little by little. So it depends. Maybe the use of bitcoin will be sped up when something unforeseen will happen like a war.
I also think of bitcoin can replace banks and also money,
bitcoin is safer to donate because corruption can not take money Because do not know the password ID wallet and do not have email or 2FA authority,
so bitcoin is very safe to make a world safe currency and can eliminate corruption like in my country
bitcoin is safer to donate because corruption can not take money Because do not know the password ID wallet and do not have email or 2FA authority,
so bitcoin is very safe to make a world safe currency and can eliminate corruption like in my country
I think that banks will invest in some Token Sale projects and will support it how they have done with interesting startups 
And you? And I have found a really safe application. It calls Socratus. It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level.
And you? And I have found a really safe application. It calls Socratus. It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level.
There is a huge opportunity for bitcoin to replace the fiat currency. But it will not be so easy. To replace the fiat currency the bitcoin have to long run to go. It has to accepted by most of the government of the world. We have to do lot of things to accepted by the government. Firstly we have to increase the online use of bitcoin. If most of the online transaction take place by using online then the government will accept bitcoin easily. Another things is that the price should be stable. And many more with the changing situation.
For banking, the future in bitcoin is actually the blockchain technology. The coin may change in the future but the blockchain remains the main driving force
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Actually good to me if you see bitcoin join the banking because it will invite many people interested to mengikuinya let alone there must be a good future after they both work together because both bring many benefits and benefits for many people.
Due to lots of upgrade and changes of technologies that we are facing right now we can't close the possibility that one day Bitcoin affects our Banking system. There will be a lot of progression of the current state of bitcoins and cryptocurrencies. Well who knows when will it be.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It cannot replace money transaction in future but its technology can do it. Many banks in my country have succeeded in sending money in blockchain system. It is more secure, fast and convernient than using traditional way.
There are too many other points and difficulties in talking about bitcoin and banking
For my opinion it is impossible because one of the reason is the bitcoin value is not stable and we cannot widraw our money if the price is low. Banks i think will not gone, yes we can say that bitcoin is safe but we cannot use it for our emergency wallet, we dont want to lose some of our money right? So for me bitcoin is just for investment and not for banking.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
all may occur along with the development of technology and the times because we also know that bitcoin using technological progress to access it does not close the possibility will adapt to the existing bank system i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
If we look at the current fiat banks in the world, they are still not using cryptocurrency.
Cryptocurrency bank will become an interesting option to us, when we can saving our crypto like saving fiat currency to gain passive incomes.
If cryptocurrency volatility become low in the future, it may replace fiat money.
No, never it is impossible, I clearly do not want to see cryptocurrency with banks those are both opposite competitors. They both provide completely opposite features and I am in cryptocurrency because it allows me to earn and spend money freely but we also need banks because they provide much more private transactions. It's just like private versus public transactions and we need both of them. But you can't add them together.
This is what we wish but this is Unfortunately what will maybe not happen...governments still against crypto and i don't think that they will stop their war against bitcoin
It's not the easiest question to give an answer on, but I would say from what I know that bitcoin is not even close in development process to became a real threat for existing payment system.
It is very hard to replace a banking system because not everybody is well aware of the use of bitcoin. And it is not easy to operate for a well educate perso because everyone is afraid of being hacked.
So in my opinion bitcoin will not going to extinct banking system unless until it is fully secured.
So in my opinion bitcoin will not going to extinct banking system unless until it is fully secured.
The future's banking is with bitcoin, I am sure.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin and all other crypto currencies are the virtual currency and their no physical form exists and I think this is the most revolutionary change in the world of economy and there are very much possible vibes that it will possibly replace the Fiat currency and the time will come when bank is also going to transact through bitcoin but there are more chances that banks will show least interest in bitcoin as its physical form don’t exist so most of the people can handle their bitcoins by their own.i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin and all other crypto currencies are the virtual currency and their no physical form exists and I think this is the most revolutionary change in the world of economy and there are very much possible vibes that it will possibly replace the Fiat currency and the time will come when bank is also going to transact through bitcoin but there are more chances that banks will show least interest in bitcoin as its physical form don’t exist so most of the people can handle their bitcoins by their own. Jump to: