It will be. It offers faster and more secured way to send money (in the form of crypto).
It is right now not available everywhere but once people use bitcoin to purchase merchandises instead of cash, financial companies will build services and technologies around it.
Topic: Bitcoin is it the Future of Banking ? - page 37. (Read 5914 times)
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Will be a bank in the future that is possible. But to replace the original money will not be in a short time. Because today people need money more than crypto currency like bitcoin, because there are still many uses of the money.
Nowadays world is changing digital way. So bitcoin is use the all process coming future. Most of the people wait for the future bitcoin bank. So people easy to use and reach the all country people. It good for the people growth. It easy to reach all country people. All people use the bitcoin and people try to learn more information. So people will be learn the bitcoin people get more information and improve the knowledge. It help to get the more project for future important.
at this time it can not be said that bitcoin will be a substitute for money.
but in fact nothing is impossible if in the future it happens. considering the progress of technology is also increasingly sophisticated. I think it will take a long time.
but in fact nothing is impossible if in the future it happens. considering the progress of technology is also increasingly sophisticated. I think it will take a long time.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Will be a bank in the future that is possible. But to replace the original money will not be in a short time. Because today people need money more than crypto currency like bitcoin, because there are still many uses of the money.
Bitcoins will not replace money in bank transactions. Banks around the world will create their own coin and will grow them. I think bitcoin will be the same with gold and dolar will be a major payment method worldwide or they can replace paypal or visa cards for online payments. Yes,, i think it will replace visa, replace gold value,,
I don’t think banks will create their own cryptocurrencies. Banks are intricately linked to fiat, given their regulated nature. They may use Ripple or other cryptocurrencies at the Bank end to reduce costs, but won’t create their own cryptocurrencies. They risk angering regulators if they do so.
he future of bitcoin is actually blockchain technology, I strongly disagree bitcoin associated with banks, or do transactions through banks, because the bank has its own system, especially in determining the interest.Bitcoin and fiat money can only be complementary but can not replace each other. Fiat money works great for offline transactions and bitcoin works great for online transactions.
It can be happen if eveyone all around the world start to use Bitcoin. For using Bitcoin wallet everyone should have a mobile phone. As we all know now a day mostly people have mobile phone and everyone start doing small to big transactions by Bitcoin. So it can be possible that Bitcoin can be the future money.
Bitcoins will not replace money in bank transactions. Banks around the world will create their own coin and will grow them. I think bitcoin will be the same with gold and dolar will be a major payment method worldwide or they can replace paypal or visa cards for online payments. Yes,, i think it will replace visa, replace gold value,,
In my personal opinion, Bitcoin could be a possible alternative for cash. That's why it has the potential to be the future of banking in most of the countries it is accepted. A more convenient and hussle-free transactions over the blockchain rather than banking in the real world. Cryptocurrencies, especially bitcoin are slowly embraced by most people who are aware of it. Sooner or later, bitcoin's dominance will reach this state.
As per we all know that Bitcoin is digital currency and bank has its own system that's why know body can what's going to be change in future. It not sure bitcoin is it the future of banking.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
i want bitcoin up running forever. and then used for currency several country. Bitcoin can be used as alternative form of currency. If it will be able to replace the fiat currency, i think not too soon.
Bitcoin is the future but not the future of banking because it works so better. Bitcoin allows you to deal directly with partners without intermediaries. It completely removes the third party and gives you control, using your own free money. So banks are still fighting it more or less.
Bitcoin can be used as alternative form of currency. If it will be able to replace the fiat currency, i think not too soon.
I don't think bitcoin can be term as future banking, as the bank is totally different meaning, providing services to the customer, store assets, etc etc but bitcoin is just a digital currency, which has inflation and price goes up n down.
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 am at the same opinion like you that banking and Bitcoin are very different. Banking has control in the banks but in Bitcoin no third person involve in any transaction.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
to replace the money I think will not happen, but if cryptocurrency is used for currency counsel in the banking may be possible. because now there are some banks that adopt blockchain technology so the future of bitcoin in banking can be useful. Bitcoin very much has the potential to to take over all banking systems in the future, bitcoin is still in its infancy and has a long way to go before it can really take over all banking systems. What that means though is that right now is the perfect time to get into bitcoin.
Bitcoin is the future of banking. It shows a lot more convenience in the transaction than what the bank now does. It is also because of this that the bank also sought to fight Bitcoin because they have not found a way to exploit it effectively. Bitcoin will give users more autonomy than banks.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
In my opinion, this will be a very difficult task. There are a lot of other coins that perform more transactions per second than BTC. If the Ethereum project performs 1 000 000 transactions becomes a fact, I think there is no one to catch up with it in this area. Even VISA do less.
Bitcoin very much has the potential to to take over all banking systems in the future, bitcoin is still in its infancy and has a long way to go before it can really take over all banking systems. What that means though is that right now is the perfect time to get into bitcoin.
Bitcoin is the future of banking. It shows a lot more convenience in the transaction than what the bank now does. It is also because of this that the bank also sought to fight Bitcoin because they have not found a way to exploit it effectively. Bitcoin will give users more autonomy than banks. 
I think bitcoin has a greater chance to stand on transaction within the used of banks because it has its own blockchain system that make and support its transaction throughout the internet. It would be a great part for it to support bitcoin by many establishment including bank for the support of the mass and for its future development.
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