Topic: Bitcoin is it the Future of Banking ? - page 46. (Read 5924 times)
In my opinion, bitcoin will not be the future of banking. Bitcoin and banking are a different world. They can not replace each other. They can only be complementary. Seeing the state of bitcoin now, I'm not sure if bitcoin can last longer let alone to replace the banking world. However, if bitcoin can make improvements by applying innovative contemporary technology then bitcoin maybe able to gain a place in the banking world. But, I'm still not sure about that, I'm more confident if the blockchain that will replace the technology used in the banking world without losing the name of the banking itself. If the underlying blockchain of the banking world then I am sure that the banking world will experience a significant increase.
I don't think that one day (at least in the nearest future) the governments will agree to exclude fiat money from the system at all. Of course, I strongly believe that cryptos will be widely accepted but I don't believe that fiatmoney will disappear.
It wont replace fiat currency in the coming future, bank will adopt and use use the blockchain technology in their daily job soon when they see the benefits..
We all know the fact that bitcoin is the main in cryptocurrency world but I don't think so that he can be the future of banking. I am more confident if you tell me that it is Riplle XRP because its a matter of fact they almost replace SWIFT in banking sector which would lead them to conquer the banking sector.
bitcoin has a big chance to be a new currency but I am not sure that bitcoin is the future of banking because the bank needs to control the circle in the people or country economy. maybe we can call bitcoin as our own bank system because we can manage bitcoin by ourselves, we can send it to other wallet and we can receive another bitcoin from another wallet. but the best is we don't have to pay any tax like our account in the bank and we only need to pay the transaction and no one can access our bitcoin without our permission. maybe bitcoin will be a new currency in the future and it is not like the bank that we know before.
Bitcoin is the future currency but do you think its hackable?
In the future, we will definitely have to wait for such events. the only question is the timing of all this waiting. but I think, judging by the speed of development of crypto, which is developing among society, I think that little remains to wait.
It's just waiting for the right time and ready to see it happen. you should sit sweet to wait for that to happen.
I think Cryptocurrencies can take a big part of the FIAT currencies' market and become a great alternative for them but they won't replace them. Of course they are easier and have a lot of advantages but they have to be developed
In the future, we will definitely have to wait for such events. the only question is the timing of all this waiting. but I think, judging by the speed of development of crypto, which is developing among society, I think that little remains to wait.
crypto-currencies do not fulfill all functions of money properly. They are not money. But some of the functions perform very well, therefore they occupy their own niche in the global economic system. Undoubtedly, crypto-currencies will retain their place, but, like every new phenomenon, they must evolve.
it looks like it can be said that way because bitcoin is now able to save the most secure money is very secure and does not require a monthly fee.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
When a person has bitcoin, he is the bank for himself. If you want to use bitcoin for any transaction can also, now many online stores that receive bitcoin, even Amazon has received bitcoin.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think it will not be able to replace the money in everyday transactions. Because Bitcoin's prices fluctuate day by day and it will greatly affect the interests of customers. In addition, Bitcoin is a currency that uses Blockchain technology to trade and it can not replace cash. 
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
When a person has bitcoin, he is the bank for himself. If you want to use bitcoin for any transaction can also, now many online stores that receive bitcoin, even Amazon has received bitcoin.
The blockchain and Crypto are future of Banking, And I guess, Bitcoin will be used as Reserve just as banks keep Reserve in Gold or USD now..
I think bitcoin future in banking.people who believe that the crypto banking system has great prospects in the future.
Unfortunately not. I think government and the bank will not adopt on Bitcoin. They are separate from each other. But as a digital generation, bank should accept Bitcoin.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Absolutely not, that's why some organization or any banking industry trying to make negative issue to bitcoin and also using media publicity to push negative impact like "BITCOIN SCAM" to become people discourage to use bitcoin. Bitcoin is universal use PEER TO PEER transaction, only for your own house together with the help of digital system technology you owned your self bank stored in digital system.
Maybe yes, because bitcoin can be the coin of the future that can be kept in online banking.
Well yes and no but there is a big possibility that the banking industry will take a good lesson from bitcoin concept to reshape, modify and revolutionize the banking industry by providing governments and organizations more control than today. So I think Definitely bitcoin might use as an essential currency for future banking but with a different structure and methods .
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