Topic: Bitcoin is it the Future of Banking ? - page 35. (Read 5914 times)
I think bitcoin will not replace money in transactions. Fiat money is still needed by everyone to transact. Bitcoin will also not work with banks because the bitcoin is anonymous and also difficult to control. And of course bitcoin will not be controlled by banks or government. That is the reason that bitcoin in the future will not be able to work with banks. That's my opinion
Of course Bitcoin has its own banks yet. But it would be more told more precisely that future Bank system will use blockchain technology. That also means banks won't truly die, but they'll definitely be less influential, which is a change I think the world desperately needs. Having the option to use Bitcoin or fiat is also better for the consumers, as they can have the best of both worlds without truly sacrificing anything.
Bitcoin has brought a revolutionary change in the history of financial markets in transacting and transferring bitcoins all over the world through the crypto currency network and it can be called the future of banking as all the transactions are recorded in the publicly distributed ledger system called the block chain technology and so manipulation or third party interference is there in the bitcoin transaction, so the transaction will be clear and transparent which can be viewed by all the bitcoin users.
Indeed bitcoin is the future of banking because bitcoin will be used by banks as their transaction form and I think the blockchain will also be used by banks to keep all evidence of their transaction and I think bitcoin is a very good future for me
It is very possible for bitcoin to become Banking because bitcoin will be used by the bank as a tool of their transactions and we can only be leveraged until the government allows bitcoin to be used by its citizens so we only need time until the government allows bitcoin for everyone use
Banks may adopt the blockchain technology in a bid to move quickly with the fast moving world. These banks may adopt their own cryptocurrency in their own ecosystem. Bitcoin will come in here when its use surpasses all the other cryptos as it is now.
Maybe, but in the next few years, we are going to see bitcoin becoming much more stronger than a few banks that are very solid on the world at the moment, that is the main reason of why i love bitcoin at the moment, lets see what happens to it
in the banking world in particular currencies krpto or digital eyes indispensable means of payment which did become the attraction of high value high so prices became the main capital first.
yes I think bitcoin future will be used in banking. And this day is not far away because the bitcoin is now being used on anak bank and is being used effectively.
I think yes because world will be a global stiuation and there will be single state so btc will be main currency.I believe this but ww3 is coming and this can change everything.
in my opinion it is possible
if seen from the increase in the number of people who start investing in bitcoin every year more and more, it could be pushing for bitcoin to be legalized in the future, because it can not be denied that the future of crypto will be better.
if seen from the increase in the number of people who start investing in bitcoin every year more and more, it could be pushing for bitcoin to be legalized in the future, because it can not be denied that the future of crypto will be better.
Bitcoin will not replace banks. The reason is simple-Bitcoin can not be controlled. But for the banking system is important to control financial flows.
Bitcoin can not absolutely supplant cash. It can be utilized as online exchanges as a greater amount of trade. Nations which government has prohibited Bitcoin cannot utilize it with the exception of in their own money. The administration, in general, won't absolutely acknowledge it since they can't control it.
It certainly might replace fiat in the future but fiat may then be optional in the coming age.
Bitcoin shows that it has more advantages than the bank now. It makes the transaction process quick, efficient and very risky. Bitcoin also allows its users to have more control over their money, take control and use it proactively. This is the future of the bank. i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think it will never happen. Governments have a problem of putting their hands on bitcoin since bitcoin is decentralized. Still, a lot are expecting that thing to happen.
It certainly might replace fiat in the future but fiat may then be optional in the coming age.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
The ascent of Bitcoin ATMs obviously shows the progression of computerized installments. Thus, a change to genuine money related models is being viewed as Bitcoin and different digital forms of money turn out to be more typical. So in this People are not keen on keeping money as long as they have cellphone or different wellsprings of correspondence and web they can do exchanges.
The rise of Bitcoin ATMs clearly demonstrates the advancement of digital payments. As a result, a transition to real-world financial models is being seen as Bitcoin and other cryptocurrencies become more common. So in this People are not interested in banking as long as they have cellphone or other sources of communication and internet they can do transactions.
Comparing apples and bananas. Are we ?
To some people it comes as a paradox that two not so similar things can coexist.
To some people it comes as a paradox that two not so similar things can coexist.
Dont see this happening because the services banking is rendering is quite different from the blockchain technology, they will only adopt some of the blockchain tech into the use on their platform..
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