Topic: Bitcoin is it the Future of Banking ? - page 43. (Read 5924 times)
That being stated, I don't figure Bitcoin can really supplant fiat. I am of the sentiment that our most ideal situation is that they exist close by each other. That likewise implies banks won't genuinely kick the bucket, yet they'll unquestionably be less powerful, which is a change I think the world frantically needs. Having the choice to utilize Bitcoin or fiat is additionally better for the buyers, as they can have the best of the two universes without genuinely relinquishing anything.
Blockchain is the possible destiny of the keeping cash structure, yet not the entire system. Banks will develop their own specific blockchain, and they will use it to cut their costs on trades and to speed them up. Bitcoin and altcoins has some time right now to create and make before banks run live with their own specific upgraded system. They won't tell people that they have developed another blockchain based structure, yet they will pitch that their new system is speedier and more affordable, and that is all what people require, they couldn't think less about the back end. In case that happens, that will be a hard time for cryptos.
In this online industry, there are too many people think about Bitcoin will be dead in a short time but still, now Bitcoin not dying it is growing day by day. there are too many countries already banned Bitcoin because they don't have any idea with new technology and they are very afraid with new technology so they Ban Bitcoin but some country is very expert in technology then they accept Bitcoin. I think they start to buy and sell via his own banking.
I am not sure about this because I think the meaning of the "bank" itself may be for the personal bank for every people which have bitcoin. bitcoin is different than any currency especially fiat and only the owner of bitcoin that can manage his bitcoin. so I think when people have a bitcoin then it means, they can have their own bank account and they can spend their bitcoin to buy something but this is only if in his country is accepting bitcoin as the payment. or he can convert his bitcoin to fiat so he can buy what he wants.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think it won't happen because no other thing can replace the real money. Maybe it can use in other transaction like paying bills, buying online product and etc.
Well, as we can see the users of bitcoin now, there are lot of people prefer to use bitcoin wallet as their savings because they believe that if they save their money and convert to bitcoin they can earn more from it than savings in the bank.
bitcoin will make everyone add to the finances that are not counted from before and for those who know what it does for those who invest very unbelievably. 
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think there is a possibility that it will happen in the future but we are not sure when it will be. Years passed, the number of people who using bitcoin increasing because of many things that presenting bitcoin. Anywhere you can see bitcoin, in tv, social media, etc. I think hollywood stars know bitcoin too, because they are earning money and they want to earn money more. And bitcoin can help them.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
There are big possible on that sir. Because modern banking is quetly different from bitcoin. If you hold in a bank your money will grow badly. But if you hold it in a bitcoin you will be happy to see it when bitcoin pump
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
That is one of the best feature of Bitcoin, it will replace money. In Bitcoin, you can send/receive payments virtually without going anymore to bank. I really believe on what Bitcoin can do, what if all people will do that? It is more comfortable.I think so too. Whether it's bitcoin or not, we will have the technological framework (blockchain) to support a virtual currency. How can we not, when we haven't reached the peak of the digital age yet. It only makes sense to have a virtual currency when our future will be a virtualscape.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Maybe in the future it can happen. But no one knows when it will happen. From the time being it would hard to replace fiat with bitcoin because people would need to learn how to use the crypto currency and still the number of people who knew bitcoin is far away from the people who are currently using the fiat.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
That is one of the best feature of Bitcoin, it will replace money. In Bitcoin, you can send/receive payments virtually without going anymore to bank. I really believe on what Bitcoin can do, what if all people will do that? It is more comfortable.
I tthink Its hard to predict the futute because some goverments hate this btc because goverments scared about btc that it can replace bank but i hope someday all goverment accept this and this is the best way to change the world.
yes it may take a long time if bitcoin into the banking.
because there are still many considerations and feasibility tests to become money in banking.
because I am sure that in the future the paper money will be replaced
because there are still many considerations and feasibility tests to become money in banking.
because I am sure that in the future the paper money will be replaced
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin already holds many leading positions on the level of Fiat markets and other investment capital flows, but before the full revolution in Finance, at least a couple of years of intensive technological revolution
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 and Bitcoin can't do it , the profits from Bitcoin isn't stable but it can be huge or even sometime it will become a loss of yours.
Banks are providing the stable profits and Bitcoin can't do it , the profits from Bitcoin isn't stable but it can be huge or even sometime it will become a loss of yours.
Bitcoin can not totally replace money. It can be used as online transactions as more of exchange. Countries which government has banned Bitcoin can not use it except in their own currency. The government as a whole won't totally accept it because they cannot control it.
I dont think BTC is a future of Banking. Because the BTC too slow. The BTC network is usually unconfirm and the fee is also expensive. With my opinion, i think BTC is a 'gold', to storage
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
bitcoin as well as physical gold is not a means of payment in the modern world, but a means of investment. and through investments in Fiat instruments in the crypt. 
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think bitcoin can replace the role of fiat money in the existing model of transactions, but it will be very hard. Because the basic system of bitcoin and the conventional model of banking is different.i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
In my opinion, I think that it has a big opportunity in the near future, but replacing banking I am not 100% sure. It is unlikely to replace the banking.
To sum it up all, we all dreamt of cryptocurrency replace banking or bitcoin can be an accepted national money but we all know that banks are irreplaceable because it holds the money of the countrie's citizens. don't get me wrong what I'm not saying that its impossible to happen, I'm just saying that banks are way way way more bigger deal than bitcoin. Jump to: