Topic: Bitcoin VS bank - page 4. (Read 1774 times)
Bitcoin cannot replace banks, however at this time we may not be able to deposit our money that we gained from bitcoin at banks due to they are really against this things. But in the future, there might be a chance that bitcoin will be helped by banks because some banks might allow bitcoins after some time. But, bankruptcy is still possible that put banks in a risk positions as of now that's why not all people recommend banks.
I do not think bitcoin will ever replace a bank, let's see a lot of banks are starting to use blockchain technology, they adapt to change instead of against it so I think in the future bitcoin will co-exist with the bank for the advancement of the world economy.
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?
Both can be an alternative currency, without the need to intervene between the bank and the central bankDo you think bitcoin will replace Banks in the future?
Bitcoin will not be replaced anywhere
I’m sure usual banks will not disappear during the development of bitcoin.
Banks don’t need to accept bitcoin, it’s a self-sustaining and independent structure.
Banks don’t need to accept bitcoin, it’s a self-sustaining and independent structure.
At the moment, since fiat money are still reigning and bitcoin are still minimal users compared to fiat, i can say that bank are still workable. But if it pertains to savings now, it is more profitable to invest and save in bitcoin than saving more money in the banks. The profit we make in saving bitcoin is far more greater than the interest of money in the bank.
if the confidence will be replaced from banks to bitcoin which is a really big issue and which banks have so much potential to lose than yes bitcoin can replace the banks in world.
But that will be only for those who will want to store their money as they will then store their money in bitcoin and will not store in bank while the remaining functions of the banks will be [performed by it.there is also a way that will combine both of them which is if these banks started their own wallets then people will be more happy and there will be more trust in these wallets.
In my opinion, banks will still exist though maybe in a different approach. Bitcoin still has value just like our cash hence it is important to be kept safe and be circulated in order for it to grow.
I believe Banks and Crypto- Currencies are going to coexist in the near future and even in that period if there is a lot of education about cryptos, I believe that they are going to be the preferred choice of the populace rather than the banks because of the way that people distrusts 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?
I am sure that bitcoin will replace banks in the future but i think it wil take for more than 50years before it will happen, and for me banks will still run in this world for long time because until now not all people is knows bitcoin, but i am confident that when all the people wil adopt to used bitcoin, they will surely support bitcoin over the banks. Do you think bitcoin will replace Banks in the future?
In my opinion, banks will still exist though maybe in a different approach. Bitcoin still has value just like our cash hence it is important to be kept safe and be circulated in order for it to grow.
I think if it gets stabilized and so got backed up by something strong and if it's acceptable all over the world then it may change the cards and then we can really see a different world all together.. where the rich won't be able to control the money and the age old curse of being controlled by someone not really owning your money will be broken ..!
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?
Banks are not as profitable as bitcoin. We all know that we could just keep our earnings and savings in crypto but we can't really rely in it's small profit. Banks are not investment but bitcoin is. It is where we could keep and store our earnings safely and with passive income.
Currently the bank is the main source of money or currency transactions. So, bitcoin transactions will increase even if bitcoins are involved with the bank. But the reason for frustration is that banks of most countries are not accepting Bitcoin. However, the idea is that banks will accept Bitcoin in the future and Bitcoin will play an important role in online transactions.
I believe in the future everything will recognize the existence of bitcoin because now it's just blockchain technology is increasingly known by many people then the system is also widely used by people. including in Indonesia, taxation in Indonesia immediately using the blockchain system for data collection 
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?
Just because we reached moon in 50's doesn't mean that we will leave the earth and reside on the moon. Isn't that's true?
The bitcoin and banks are the same thing like moon and earth where we know that there couldn't be better place than earth and there is no meaning to reside on moon because it is still harsh and technology is not advance enough to sustain there. We better know the facts that bitcoin is not sufficient enough in terms of its development to fulfil the needs of common banking. The banks work in different ways, to work them out properly they themselves needs rules and regulations so that they can handle the stress of economy and regulate it.
Take the fresh example in bitcoin world where one guy comes in and sells his millions and millions of worth and shake the prices of bitcoin thus leaving everyone unspeakable. If this continued then how bitcoin could be a good bank.
Currently the bank is the main source of money or currency transactions. So, bitcoin transactions will increase even if bitcoins are involved with the bank. But the reason for frustration is that banks of most countries are not accepting Bitcoin. However, the idea is that banks will accept Bitcoin in the future and Bitcoin will play an important role in online transactions.
Actually both are very useful in my life, because the bank is also in need although there is already a bitcoin to save the funds I have, but I only use this bank to save me but if bitcoin than can save our funds or assets can also make a very profitable investment .
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?
For me it's a no because I think and I believe that someday bitcoin will need those banks to process documents and some other things to acquire money. Banks is the one of the sources of money it is where we get our money even if it's from anything
The banks still exist just for one reason - they help a successful country to do fanctional - reverse banking and quantative easing.
Bitcoin is more imperative than bank and on the off chance that we see that bitcoin store in the great days are gainful while then again we can be whenever on the web and ready to utilize our cash at home and it regards store our cash in advanced wallet may we will get a decent return over this store as we realize that now a days crypto is for the most part utilizing by the informed individuals and it regards keep trust on bitcoin.
Bitcoin is more important than bank and if we see that bitcoin deposit in the good days are profitable while on the other hand we can be any time online and able to use our money at home.
I dont really think that bitcoin can really replace the banks, even that bitcoin is getting more stronger and even all people will knows bitcoin, i am still confident that the banks will surely remain in this world because banks is trusted by all people all over the world.
Bitcoin will not replace banking systems right from the word go. It will take some time until banking systems begin to incorporate blockchain technology and bitcoin/cryptocurrencies into their systems. With the speed bitcoin is rising with, it is possible that more banks would rather fuse the blockchain technology into their operations rather than being left behind in the digital world.
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