It is very difficult because the bank has been established for a long time, and every bang in the country and outside the country stands with a strong defense so every bank will never be replaced because no one is able to compete with the State bank.
Well yeah I agree with this state. Actually bitcoins are newbies as competed to banks that are as old as ancient. One can never say that bitcoins would be competing with bitcoins and winning and then every bank on this planet earth would be demolished. Just because bitcoins are amazingly growing, it never means they will terminate this banking system. People shouldn’t be boosting stupidity, it harms the dignity of bitcoins. 
Topic: Bitcoin VS bank - page 18. (Read 1779 times)
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
You have really made a summary of the financial tussle between banking system and cryptocurrency. It is the obvious that the monopoly of banks is being threatened by another power change just like banks took over from traditional mode of financial transactions.
In my opinion, OP could have scored a merit on his post. I wish I had a merit to give.
Bitcoin exists if the user or its investors exist, unlike the bank.
it until whenever bitcoin and bank will always side by side.
Banks specially the powerful banks have always played their role in the economic system of the world, and these banks have never let any situation which they did not manipulate for their own benefit. No doubt these banks were giving very much good services but then they had the opportunity to play with our money as well for fixed time. So now all these things are going down because of the crypto currency which these banks do not want in the world. it until whenever bitcoin and bank will always side by side.
They say that banks tremble with horror when they hear about transactions with bitcoins.After all, they act as intermediaries. they will lose this feature if all payments are in bitcoins. If there is such a need, banks can compete seriously with cross-border transfers in cryptocurrency.
No it won't, many people are driven by the excitement and forget to look for what actually are blockchains, you may find a suitable answer in few paragraphs on Wikipedia.
Nice, short but precise. I have never assume that bitcoin will really replace the banking system, it might help in terms of recording transactions, but the banking as whole? It's a no, it would be realistic to assume that those two will coexist
Be your own bank can't work with so many stupid people around. This two will coexist because banks will find a way for that, they have enough money to make any new coin, what is ripple by the way? Maybe one of the first banking investments in blockchain.
Many people are stupid, you can say driven by excitement but that is far from truth. Look how many people come on this forum and what they wrote. I thought that people will understand what is better and what is easier to use, but no people still come here and ask so stupid questions and after reading them I get nervous from their stupidity. Someone gave us blockchain, but we people aren't able to use it in the way it should be used, I thought we will see the end of banking system, but simply people of the world are not capable for replacing the banks and system that is responsible for world poverty.
No it won't, many people are driven by the excitement and forget to look for what actually are blockchains, you may find a suitable answer in few paragraphs on Wikipedia.
Nice, short but precise. I have never assume that bitcoin will really replace the banking system, it might help in terms of recording transactions, but the banking as whole? It's a no, it would be realistic to assume that those two will coexist
Be your own bank can't work with so many stupid people around. This two will coexist because banks will find a way for that, they have enough money to make any new coin, what is ripple by the way? Maybe one of the first banking investments in blockchain.
Many people are stupid, you can say driven by excitement but that is far from truth. Look how many people come on this forum and what they wrote. I thought that people will understand what is better and what is easier to use, but no people still come here and ask so stupid questions and after reading them I get nervous from their stupidity. Someone gave us blockchain, but we people aren't able to use it in the way it should be used, I thought we will see the end of banking system, but simply people of the world are not capable for replacing the banks and system that is responsible for world poverty.
About replacing, I don't think so or predict., that bitcoin will replace banks or bitcoin technology on the internet will beat the bank until the bank is no used anymore. Anyhow the banks is still firmly tied to a common currency that's unlikely to be replaced by a digital currency (bitcoin). The possibility that happened., I think maybe it will only be supported by banks, and the banks will try to accepting bitcoin till looks more modern tied to the internet world that supports bitcoin as a alternative currency that can be used for various things like as common currency.
I think bitcoin will not replace the bank because Bitcoin is the first non-centralized digital currency,Like money in general, Bitcoin can be used to store wealth and to purchase goods electronically,While banks regulate the circulation of money such as the euro and the dollar..
But all the things the bank can do can also done by Bitcoin. We only need to wait until bitcoin is recognized as the bank being recognize. I do think that bitcoin will replace banks in the future. There will be a digital bank to store all our money and currencies.
no bitcoin didnt same with bank, bitcoin lead to transaction of payment exchanger to usd or anything money, i can said like a income or business,while a bank we can save money safely and didnt have get more income. so i can said this is very definitly different bitcoin with bank
No it won't, many people are driven by the excitement and forget to look for what actually are blockchains, you may find a suitable answer in few paragraphs on Wikipedia.
Nice, short but precise. I have never assume that bitcoin will really replace the banking system, it might help in terms of recording transactions, but the banking as whole? It's a no, it would be realistic to assume that those two will coexist
Bitcoin will not replace banks in the future simply because governments will not allow a decentralised system to take control of the money flow. Generally if something does not get general approval of governments and does not get properly regulated it cannot easily survive by itself. What I hope however is that banks and government will see the applicability of blockchain technology (more than bitcoin itself) and use that technology to improve the way finances and informations are distributed.
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
of course I will choose bitcoin because with bitcoin assets we have tau plot and not taken by others whereas if your bank assets and money that you belong to give to the bank and if you know bank will share your money to other customer.
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
of course I will choose bitcoin because with bitcoin assets we have tau plot and not taken by others whereas if your bank assets and money that you belong to give to the bank and if you know bank will share your money to other customer.
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
of course I will choose bitcoin because with bitcoin assets we have tau plot and not taken by others whereas if your bank assets and money that you belong to give to the bank and if you know bank will share your money to other customer.
No it won't, many people are driven by the excitement and forget to look for what actually are blockchains, you may find a suitable answer in few paragraphs on Wikipedia.
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
I would completely agree with your comments on banking system. However, Bitcoin have already replaced banks in few countries and some countries haven't accepted Bitcoin is due to the banking monarchy have misguided the government creating negativity on Bitcoin. Banks have sucked people's blood in the form of fees and charge, but this would come to an end if Bitcoin replaces it so banks are going extreme to stop Bitcoin to rule the world.
May be Bitcoin usage could be delayed in Al over the world but definitely some day Bitcoin would replace banking system.
Do you think bitcoin will replace Banks in the future?
No it won't. Many topics has been posted here in the forum about the replacement of bitcoin with the banks.Banks are essential in the government and every country needs it.
So stop thinking that bitcoin will replace the banks. It may happen but the bank will adopt bitcoin.
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Do you think bitcoin will replace Banks in the future?
Bitcoin does really have the chance to replace banks in the future because the growth today of cryptocurrency is very fast and if banks would not do anything about that then it was very sure that their business will really go down.
Bitcoin and banks are having different level of status, bitcoin is a digital cryptocurrency, and banks are forms of legal paper money or actual currency which is used for medium of exchange. However, the comparison of two are both usable and more people who wants to own for their wealth. And even bitcoin will become legally used as a legal tender, but still banks exist. And I don't think that bitcoin would replace banks, because bitcoin and banks are different in situations and management, but we must accept the facts that bitcoin affects banks operations but it doesn't mean that banks will disappear because of bitcoin. Although there are some banking institutions plan to adopt bitcoin soon. And if bitcoin will legally used as a legal tender, it would surely that banks would also accept and adopt bitcoin.
I agree banks aren't going to disappear, but I believe their power, wealth and influence in the world can decrease if Bitcoin is successful on its implementation, respecting the decentralization ideal behind it.
Banks could accept the changes pacifically, just adapting themselves to the new reality, but they won't without taking advantage from Bitcoin, and if they can't take advantage from Bitcoin somehow, they won't accept adopting it, having to adopt or create another Crypto-Currency.
Bitcoin and banks are having different level of status, bitcoin is a digital cryptocurrency, and banks are forms of legal paper money or actual currency which is used for medium of exchange. However, the comparison of two are both usable and more people who wants to own for their wealth. And even bitcoin will become legally used as a legal tender, but still banks exist. And I don't think that bitcoin would replace banks, because bitcoin and banks are different in situations and management, but we must accept the facts that bitcoin affects banks operations but it doesn't mean that banks will disappear because of bitcoin. Although there are some banking institutions plan to adopt bitcoin soon. And if bitcoin will legally used as a legal tender, it would surely that banks would also accept and adopt bitcoin.
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