Topic: Bitcoin is it the Future of Banking ? - page 38. (Read 5914 times)
Bitcoin has one way to become the world currency of the Internet, sevit and L.N. Make convenient calculations for goods. I want to see what the moral principles of traders on Wall Street will be with the fall of indices during the crisis, it is thought that unlike hooplers who keep bitcoin in spite of everything, they quickly change their shoes and then see what price bitcoin will take off.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
for now bitcoin can only operate side by side with money, it will take a while is at all it will replace money
I want to agree but there are problems that must be solved first, the scalability transaction of bitcoin. it's too slow compared to the banking system that we have now. but I don't have any doubt about blockchain technology being the future platform for new payment transactions.
bitcoin is still in its early days . at this stage , bitcoin will coexist with the bank . banks are backward financial systems . in the long run , it will be replaced by encryption
Blockchain technology and altcoin will be the future of banking! Not Bitcoin! Bitcoin has been successful thanks to blockchain technology but the bank will not use Bitcoin as its asset!
Bitcoin is the future of banking because it will resolve the barriers of banking system where in where ever you are or what time it is you can used it to any transactions without going to the bank.
I don't think it will happen because Bitcoin can't replace fiat money in the future for they are different bitcoin is a digital money with the access of blockchain technology bith will exist.
Bitcoin is the future of world, sooner or later all life related issues concern with bitcoin, government can delay its approval but cant ignorefor long time, its coming in our life with full fledged flow. The next bitcoin for payment transaction and totally fiat money closed.
It will never replaces cash completely. At least for next 100-200 years, this is impossible to be achieved all over the world.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Yes that's possible because every year our technology should continuously upgraded and the said technology will bring us to our journey in convenient way into progress for making fastest transaction processed that's why almost all transaction should be in digital process and the next is Bitcoin for payment transaction and totally Fiat money closed.
I thought it would never happen bitcoin will work with banks. Because banks are only self-interested with the insurance they make to make your savings decrease monthly.bitcoin is not the future of banking because bitcoin is the cryptocurrency thats every people do not about it so that if bitcoin become future of banking so that illitrate people does not do online banking. from my opinion it will not happen
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Yes bitcoin is the future of world, sooner or later all life related issues concern with bitcoin, govt can delay its approval but cant ignore for long time, its coming in our life with full fledged flow
Banks and Bitcoin can't be compared together because in my opinion, banks are more safe and stable than Bitcoin for sure .Banks are providing the stable profits.
It is not happening, bitcoin cannot replace FIAT banking system. Government will not allow it. As it is at this moment bitcoin cannot replace the money in the transactions that we make day by day. Bitcoin has some disadvantages, it has high fees, a transaction cannot be reversed, it is diffficult to be obtained by many people, all wallets are anonymous. Some of these disadvantages can be advantages for some people, especially the anonymity and the non-reversal of transactions.
According to a current situation, there are a lot of things to focus on cryptocurrency, if they have been cleared those negatives, then bitcoin will act as a banking in the future. by the way, i found the application BitoinLVX https://bitcoinlvx.com/, which are indeed secure on transactions.
Of course it can happen, if the popularity of bitcoin keeps rising then one day we can say that bitcoin is the future of banking.Though it's difficult in reality. Banks have long been here for bitcoin just make it disappear or replace it.
Banks will accept bitcoin and crypto soon then the impact of banks will high related to bitcoin because people are happy with this if this happened in our country most of the people will start deposit bitcoin in banks and many companies will start their payroll through this soon.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
all possibilities are possible because of the development of the era and technology that demand also the development in the financial system over time can make all possible happen but we all can not know for sure it all
It's not necessarily Bitcoin that would replace the banking system but the technology been offered by Blockchain itself. It has multi-functionalitt which can fit in properly into the banking system.... The big question should be "is the banking system ready to trust the technology?"
Bitcoin is playing an important role in our modern time especially in our daily transactions. Is bitcoin useful ? Yes, it makes our transactions easier just using our mobile phones and computers and it is time-saving as well . Is bitcoin safe ? Somehow, cause people can still do transacions with anonymous people .
But is really bitcoin the future of banking ?
Cryptocurrency is surely a step into the future that eliminates from these institutions the mishanding of documents and records, the dishonesty, lack of trust of employees as well as the lack of reliability
The fact that the currency or payment system exists in the public domain with a protection of all the nodes connected shows just how much bitcoin can be a game changer in terms of securities, risk and data management. SO IT'S NO.
But is really bitcoin the future of banking ?
Cryptocurrency is surely a step into the future that eliminates from these institutions the mishanding of documents and records, the dishonesty, lack of trust of employees as well as the lack of reliability
The fact that the currency or payment system exists in the public domain with a protection of all the nodes connected shows just how much bitcoin can be a game changer in terms of securities, risk and data management. SO IT'S NO.
Bank's don't just create money out of thin air in times of crisis or when governments want them to. They 'print' new money with EVERY loan they make to you,me, business and govt. That is all NEW money (with interest), and not the money somebody else deposits, which is what many people still think.
Bitcoin is ingenius and is here to stay, however i feel our society isn't ready for a new kind of real and honest modern money.
Bitcoin is ingenius and is here to stay, however i feel our society isn't ready for a new kind of real and honest modern money.
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