Topic: Bitcoin VS bank - page 20. (Read 1745 times)
I never think about that ever. Bitcoin couldn't replace banks all over the world but it could be the intimate bitcoin partner by manipulating the system of bitcoin from cryptocurrency to fiat. Banks is irreplaceable but fiat can be replace for the people wants more new and convenience to do.
Bitcoin is now very weak to create problems for such a monster as the banking system. It seems to me that they did not now consider as a real opponent. All cryptocurrencies occupy no more than 1% of the market. It is very small. If banks do not restrict users in the possibility of exchanging cryptocurrencies for Fiat, then cryptocurrency can help them get additional income and will not allow bitcoin to become a real currency.
bitcoin is a digital currency that only spins on the internet and can store all the wealth while the bank is managing money in a country dollar example and others.
Things that have some system similarities but this one unity are interrelated, despite having a different world and nothing will replace each other. Bank is a very needed thing in real life, bitcoin no one can vouch how long it will stands.
Hm, I think you are making a point here in terms of banking is the best whatever you say about the bitcoin. Its true because banking is been done since many years, may be many more generations than our grand grand relatives. It doesn't matter whether it was been done with stones previously and now it is been done with the Digital way but the banking has been the perfect way to do the baking itself. Just because bitcoin has come to existence in moral and technical way doesn't mean that it should go and replace the traditional banking in straight manner. Nope, its surely not the right way to do it. I think bitcoin still lack that prestige of replacing anything in this real world so better we back off from this thought.
Some countries react differently to the presence of bitcoin. China and Russia are some countries that reject the presence of bitcoin. While Japan accepts bitcoin transactions. therefore bitcoins and banks in these countries do not accept the presence of bitcoin.
The bank is a bank. Which never will be replaced with anything. If you still want to compare with banks and BTC then BTC is just an antibiotic that is still in the lab for tasting its accuracy. It's better not to compare Banks with BTC. Yes, I admit Bitcoin has some impact on the economic environment but not at all with banks.
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 is surpassing banks in terms of investors because there are more people who are placing their money on cryptocurrency more than on fiat and that is the reason why banks really hate the growth of cryptocurrency and they are creating different black propaganda's in order to reduce the investor of bitcoins.
In reality, banks are the safe place to save money. They are guaranteeing that our money were kept with assurance. I can't just imagine that bitcoin will replace banks just like what others opinion. Not in the history and never will be.
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 do believe that nothing can replace visible thing with invisible, i mean with those you can see and hold than you cannot hold. Bitcoin and Banks are two different things. Bitcoin is a virtual/digital money while banks are the one who holds our money. So instead of Bitcoin vs Bank, it must be bitcoin invade the banks. Meaning Banks also will exchange bitcoin in the near future though there are already banks from other countries that accepts bitcoin.
Bitcoin is a digital currency whose transactions can not be set by the state, while the Bank is the institution that regulates the inflow of money and set by the government. so I think at any moment that Bitcoin will never replace the Bank, because the Government will not let that happen.
I don't think that Bitcoin can ever replace banks. Because they don't even have the same fondamentals. Bitcoin is money, the same as dollar and euro.
A bank is the place where money and gold are stored and controlled. Its principles can't be replaced by mere money. But , what i think that will happen in the future, is that the banks will start storing bitcoin and try to control it.They will recognize it.
i think everything will change when Bitcoin legalize worldwide. For now, people are going to invest in Bitcoin and crypto more than before and bank system is very nervous about this case cause it'll make bank lose a lot of money and customers when people just want to invest in bitcoin.
Bitcoin exists if the user or its investors exist, unlike the bank.
it until whenever bitcoin and bank will always side by side.
therefore banks will never accept bitcoin because they are very different from all aspects. and in many countries the bank is working with the government for bitcoin banned it until whenever bitcoin and bank will always side by side.
Bitcoin is my personal bank, Thanks to Bitcoin, I can keep my money without being connected to any center. I don't trust Banks and capitalist system.
Don't really know if Bitcoin can bẻ able to replace bank in the future but for now it's still impossible to replace bank cause number of country leglize Bitcoin is very little so Bitcoin still has no chance to replace bank at the moment but in the future. 
Bitcoin exists if the user or its investors exist, unlike the bank.
it until whenever bitcoin and bank will always side by side.
it until whenever bitcoin and bank will always side by side.
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.
i dont think so bitcoin will replace because is volatile if you put $1000 in bank that money will never be less
Bitcoin or other crytocurrency will never replace a bank. If you think that banks is just a place where people save their money well you are dead wrong. Bank is very important in a countries economy.
Jump to: