Topic: Bitcoin is it the Future of Banking ? - page 30. (Read 5914 times)
Bitcoin is not currency of single country nor it exist like gold or have any physical apperance. So in future if any country or group of countries announce bitcoin their currency then chances may arise for use in banking. Rate of bitcoin is not under any single country or World bank.
bitcoin is different from banks in terms of function and ideology. Bitcoin and Bank are different purposes, if Banks provide services and utilize customers, whereas bitcoin is only used for investment, trading and bitcoin does not take advantage of users
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
it would be nice if bitcoin becomes the future of banking. Cashless, hassle free and convenient way of transacting. Where you don't need to make or use energy or cash for it to work.
It will cause more problems. The future has not been told so many things can still happen. We will wait patiently and keep faith in this industry. Some deals are better online and through bitcoin but there are some that are better to keep as fiat especially when it's too small.
Well, for me its absolutely no. Maybe they have similarities like in investing, but there are things they differ to each other. Bitcoin and banking have different goals. So, bitcoin is not the future of banking.
Yes, cryptocurrency is not a passing fad but a genuine innovation in money,it's a peer to peer exchange ,so there is no question of better banking system than cryptocurrency
I think that can happen for some extend but don't think it will replace every fiat money in the world because due to it's decentralized nature governments have less control over bitcoin which makes them help less when calculating taxes of there citizens, keeping tracks of transaction for many significant tasks for financial purposes in a country but I think it will become a globally recognized intermediary banking system that allow anyone to use and make profits from bitcoin
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It's probably a joke. Bitcoin is the future of banking. What does bitcoin have to do with banking? Absolutely none. Bitcoin in general should not be allowed to banking, otherwise the banks will disappear for sure. Banks and high volatility - the concepts are not comparable.For the same reason, bitcoin also can not replace national money. I think that no state will ever decide to replace its national money with bitcoin.
If bitcoin replaces fiat money completely I think it can't. If this condition continues for a long time which is bitcoin has expensive transaction fee, I think it will not happen. bitcoin also has no physical form, I think bitcoin is more suitable for long term investing place. Nobody can replace the money transaction thru bank, because the bitcoin currency is unstable. That's my opinion 
Don't think so that bitcoin will be able to replace fiat in the banking sector. Yes bitcoin has other important uses and it could be used as a source of payment. But still it has a long way to go.
overall, i think not. this time alone, bitcoin is only used as a medium to get profit, not really as a means of payment.
Having the option to use Bitcoin or Fiat is also better for consumers, because they can have the best of both worlds without sacrificing anything. Therefore, future bitcoins will be accepted and all banks will use the transaction process and transaction process. But time is of the essence of this process. So wait for the price increase. Good opportunity to improve your knowledge.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I am in doubt with this. Although there are chances and it depends on how the people will embrace it. If the demand is growing and majority is using bitcoin then maybe there is a bigger chance of that to happen.
I don't think bitcoin is the future of banking, although many people now think bitcoin will replace banks, but now people are mainly speculating with bitcoin, and bitcoin does not have the power to challenge banks.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
all can happen in the future the most important the government recognizes bitcoin as a valid currency and can conduct transactions safely and officially 
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Well, there are chances but the chances varies from how the government and people will adopt the digital currency. I believe that bitcoin has a good future but that future depends on how the demand increases.
Yes, Bitcoin could be the future of banking but it still needs some improvements. It is still not accepted as payment although the list of companies. Bitcoin and cryptocurrencies are volatile that we can observe over the last year in the valuation of some cryptocurrencies and their market cap is the most meaningful evidence.
I do not think like you, you can see that bitcoin is being very few countries through accreditation and circulation. Although bitcoin has great value in communication, it can be seen that the number of bitcoins in the world is limited and it is not enough to meet the needs of the world. So I believe that there will be another coin instead of bitcoin and can replace the bank while bitcoin will not be. It is unlikely to be able to completely replace, but it will be an excellent alternative to outdated banking operations.
Already bitcoin came into existence to serve the people better which were not able to be provided by the banking networks functioning around the world. Some banks have already got tied with the usage of bitcoin serving people upon their requirement. With this we can expect an increased usage of bitcoin, at the same time it will not go mainstream to the banking industry. i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It could replace fiat and banks but there will be a lot of issues to face and solve first because the government won't allow a currency that they cannot regulate fully. Some transactions are better online and through bitcoin but there are some that is better to keep as fiat especially when its too small. There are many other factors to think about this but I hope a great future awaits us.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
As far as I can see, the government won't allow this to happen because they won't able to put tax on it, and if they can, it will just cause more issues. But I do believe that bitcoin and all other cryptocurrencies can reach the same level of fiat. The future is still untold so many things can still happen. So we will just wait patiently and keep faith to this industry.
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