Topic: Bitcoin is it the Future of Banking ? - page 50. (Read 5914 times)
Maybe we can have bitcoin banking but to replace it as a money it is impossible because banking of money is a huge broad in a community. We couldn't replace it becausr its a part of our culture and also its a part of human bieng also on our history. Its difficult to replace it many some people will against on that especially businessman, also in a govetment sector.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Well, I think bitcoin cant necessarily replace banks but it can be a form of wallet which we could store our savings and can be our assets.
I believe that ripple XRP will be the future of banking and not Bitcoin but I believe that Bitcoin would still be the King of Cryptocurrency. As of now Ripple is almost replacing SWIFT. Its only a matter of time when ripple take charge most of the banking sector. As of now they already closed a deal with so many banks.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
In my opinion, bitcoin has nothing to do with banking and nothing can replace it. First of all, stability of the money used is essential for bank settlements. Bitcoin has such a high volatility that it can not be allowed to go to the cans for a cannon shot.The main function of banks is financial and credit. Bitcoin can not perform such a function by its nature. Therefore, bitcoins and banks, these concepts are very different in their purpose.
It can't be. Since the price of bitcoins constantly change that follows the transaction fee.
I feel it may not be supplanted in banks by cash but rather investors are increasing some exchange charge on exchanges it may occur for beyond any doubt which implies all banks may acknowledge exchanges yet it may not be supplanted with the cash.
May be it might have a piece of stake its simply my supposition where anything may occur in this advanced world.
May be it might have a piece of stake its simply my supposition where anything may occur in this advanced world.
Maybe I read about bitcoin in the future and maybe many will also use bitcoin as their transaction tool and they will also use blockchain to store all their transactions may bank will use cryptocurreny in the future
I think that very soon banks will also start accepting bitcoin and therefore more chances are that bitcoin will become the future of banking, i think that more chances are that bitcoin will become the future of banking. The process takes a long time, maybe more than five years. Actually, if you look at the development of bitcoin now, bitcoin has begun to show innovation to be accepted as a means of payment. I accept the issue that bitcoin creates paper money and already has several ATMs. I think that it's a progress that deserves to be appreciated.
Base on my research, role of bitcoin international banks. Block chaim is one of the fascinating concept of bitcoin and this is bound to affect an industry that has often been known fornits age old operations and legacy record keeping. Bitcoin is a fancy bank as it can reflect the word of a client, creditworthiness client and prevent double transactions.
Yes currently most of the people are thinking that it many not be possible, but no one know about the future, and i think that if the popularity of bitcoin will continue so rapidly then i think that very soon banks will also start accepting bitcoin and therefore more chances are that bitcoin will become the future of banking, i think that more chances are that bitcoin will become the future of banking.
i don't think so. Bankers and government do not have control over bitcoin. Though world may go into cash less transactions in few years and cash replaced by other digital transactions, i think banker and government will create their own crypto currency so that they can have control over them and regulate the economy.
Base on my research, role of bitcoin international banks. Block chaim is one of the fascinating concept of bitcoin and this is bound to affect an industry that has often been known fornits age old operations and legacy record keeping. Bitcoin is a fancy bank as it can reflect the word of a client, creditworthiness client and prevent double transactions.
I strongly believe that Bitcoin will the future of Banking because many banks have been developing their blockchain for future Bitcoin transaction. If it happens, the would happen a revolutionary change in the cryptomarket all over the world and the use of Bitcoin will increase in a dramatic way.
I think that how Bitcoin has become popular, it can be understood that Bitcoin Banking can start. However, if you can build confidence in Bitcoin in Baramon, it will be very good. Because everyone will invest Bitcoin. The demand and popularity of this will increase. So, in future, Bitcoin's banking may be launched, maybe maybe.
Who knows,everything is possible under the planet.But remember change is constant...But in future i supect bitcoin.
I do not think bitcoin will be the future of the bank. It can not replace fiat. Bitcoin is a non-focused currency, the government can not control it. So, many countries have banned bitcoin.
I don't think so that bitcoin will be able to replace fiat in the banking sector. Yes bitcoin has other important uses and it could be used as a source of payment. But still it has a long way to go.
there is a little chance for banks to adapt crypto i think due to lack of control.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I strongly this now that bitcoin is the future of everything, I mean bitcoin can bring the new era of digitalisation in this world and as we all know that bitcoin has the potential to be very great and has always proved its worth and we have millions of examples of bitcoin greatness. And we also know that many banks and countries are in against of bitcoin right now but if bitcoin will be legalised world wide then it would be beneficial for the banks also and will bring the development to the banks and for the entire world. If it is approved by the government, Bitcoin needs a lot. I think the government can bring it back to the bank at some point.
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Over time, I think it is possible that bitcoin will enter the banking system and replace various types of payment systems, but when it will happen is not yet known. Jump to: