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Topic: Bitcoin is it the Future of Banking ? - page 9. (Read 5914 times)

newbie
Activity: 27
Merit: 0
August 22, 2018, 03:43:08 PM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Surely Bitcoin is big asset I ever had seen in digital world and one day it will seen on bank. In future we are going to see Bitcoin bank which are giving more investments, loan, employment to people
sr. member
Activity: 490
Merit: 250
August 22, 2018, 03:37:34 PM
It can't be for Bicoin to replace fiat currency, because we know for ourselves using bitcoin we must have internet access and other devices that can support and also bitcoin prices are not stable, we also know that not all places can get internet access, and bitcoin also does not have a physical form, I think bitcoin is more suitable for long-term investment places.
member
Activity: 434
Merit: 10
August 22, 2018, 03:32:08 PM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Certainly can, and with this task perfectly cope. Most likely, the author of the topic does not know how many people already live and use the cryptocurrency system for ordinary household issues. Cool
member
Activity: 308
Merit: 10
August 22, 2018, 03:22:02 PM
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 rise. there is a possibility that it will happen in the future but we are not sure when it will be. Bitcoin is just one of the digital currency success! in future, so it's hard for Bitcoin to replace the bank in anyway.
full member
Activity: 434
Merit: 126
August 22, 2018, 11:28:58 AM
first block sathosi nakamoto create a more batter bank.
I aggree with that , Bitcoin is more secure than bank but if we know how to using wallet and protected the wallet .
blockchain is better than bitcoin maybe , can blockchain without bitcoin still exist ?
member
Activity: 395
Merit: 10
August 22, 2018, 03:15:45 PM
Really. Now there are many projects aimed at the development of the banking sector in cryptocurrencies. For example Crypterium, WorldBitBank, MyCryptoBank and others. Perhaps now this system is not so perfect to replace conventional banks, but it's just a matter of time.
newbie
Activity: 98
Merit: 0
August 22, 2018, 03:12:51 PM
It maybe possible that bitcoin replaces money in traditional banking systems. However that will lead to bitcoin being centralized and thus it will violate its fundamental. There are other coins like xrp, xlm which are better suited for banking sector.
sr. member
Activity: 490
Merit: 250
August 22, 2018, 03:01:22 PM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It is very difficult to replace fiat currency in daily life with Bitcoin, because Bitcoin requires sophisticated equipment support to complete transactions. unless the government legalizes and obliges its citizens to use Bitcoin as a daily transaction tool, but I personally strongly disagree with bitcoin related to banks, or conducting transactions through banks, because banks have their own systems, especially in determining interest.
full member
Activity: 308
Merit: 102
August 22, 2018, 02:56:16 PM
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I am sure that bitcoin will be able to replace digital money and cashless money. The cash will remain in the world, without it people will not be able to live, but as for clearing it cryptodevice can fully absorb.
jr. member
Activity: 154
Merit: 1
August 22, 2018, 02:53:42 PM
I think that yes it could well happen if the banks find how it can be regulated
newbie
Activity: 25
Merit: 0
August 22, 2018, 02:47:28 PM
What is clear is that until now bitcoin is still a debate and conflict between the banks and the government. Bitcoin will not be able to replace fiat money as long as no party can control it.
member
Activity: 322
Merit: 10
August 22, 2018, 02:29:28 PM
let alone think that bitcoin will be the future of banking, even though many people now think bitcoin will replace banks, but now everyone speculates with bitcoin, and bitcoin will not have the power to challenge banks
member
Activity: 306
Merit: 15
August 22, 2018, 01:49:20 PM
i think no, bitcoin banking is different, even if we say it looks like the two, there is still a difference, but we can hide in the bank from investing in bitcoin, because bitcoin is a business.
newbie
Activity: 48
Merit: 0
August 22, 2018, 12:55:17 PM
In my opinion bitcoin can not replace money. For whatever reason fiat money cannot be replaced by bitcoin. Bitcoin will only complete the function of fiat currencies that have limitations and can not be decentralized. Until bitcoin serves all the purpose of banking and ensures that it services are easily accessible to all individual in the globe, then there is a huge chance of it becoming the future of global banking.
member
Activity: 158
Merit: 10
August 22, 2018, 12:48:56 PM
impossible and never will happen, very unfortunate because bitcoin is just a digital currency that may not be used in the real world. Virtual remains virtual different with real currencies. unless bitcoin is legalized by the world government as a global currency I think it's possible
newbie
Activity: 21
Merit: 0
August 22, 2018, 12:33:42 PM
Bitcoin is not only the future of banking but also the futur currency for all of us. Bitcoin itself is the future and now is the future.
newbie
Activity: 122
Merit: 0
August 22, 2018, 12:28:22 PM
No, it can not be. To be a coin, he must be officially eligible for hands-on transaction.In that case, bitkines are only online transactions. It is eligible for bank transactions not be a bank. Wink Wink
newbie
Activity: 84
Merit: 0
August 22, 2018, 12:05:26 PM
yes i agree that the bitcoin is the future of banking
in future bank may be replaced by crypto where bitcoin be the currency
newbie
Activity: 12
Merit: 0
August 22, 2018, 11:57:13 AM
In future, the Bitcoin can be the future of the banking/substitute of the banking, in some of the countries the Bitcoin is being used to purchase the things and in future, in whole world it will be used worldwide for purchase.
copper member
Activity: 409
Merit: 0
August 22, 2018, 11:29:57 AM
I don't think Bitcoin will replace fiat and banks in the future, and I think bitcoin is more used as an asset because bitcoin is better for investment.
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