Topic: Bitcoin x banks - page 2. (Read 1984 times)
I still consider banks as useful as crypto given that it is used to encash them as easy as possible. Banks are standing alongside with crypto and they work together as a team. I guess this is the situation in my country and differs from yours. So far, this tandem doesnt disappoint me and they work so good.
we are so close to experiencing this phenomenum completely, banks are less relevants these days and a day will surely come when banks will be completely obsolete, people are getting to that understanding now that it is wiser i put my money to work to yield more money through investment in crypto currencies than allow it depreciate in value in a savings account.
banks will not remain silent with the bitcoin campaign to date, because they live on customers' money deposited in the bank
they will continue to make statements that bitcoin is a fraud so that people do not believe in the system provided by bitcoin
they will continue to make statements that bitcoin is a fraud so that people do not believe in the system provided by bitcoin
so far if you ask me ill choose investing in bitcoin rather than banks why? cause bitcoin for me is much safer and easy to use, can be accessed everywhere, transactions are safe and easy most importantly cost less, bitcoin is safe because of blockchain tecnology which helps allow digital information to be distributed but not copied.
Asides from bitcoin even being safer as long as you know how to handle your security issues, I will say the control it gives when it comes to spending, transactions and so many more is something banks has never been able to give. Now, I can send money across the border without any stress and issues, compared to when the likes of Western Union, Moneygram and the likes will almost frustrate you and then you see some bullshit policies from the Central Bank or government affecting how one spends. The fact that there is an alternative, will sure make banks to want to start thinking of features they can bring to stay relevant.
Maybe so, but what happened to youtube and television happened almost over night. With banks, i think we'll have to count decades for that to happen. First off, we need a stable Crypto currency. I really think ETHEREUM will be that coin since it has a lot of projects. But then again, we don't know the flow of the market.
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
yes in some ways, but banks and bitcoin will still co-exist as youtube and televisions today, bitcoin has so many potentials that offers to us in the future, the technology is a work in progress, until it is not limited to being online, do you know what youtube versus televsions and bitcoin and banks have in common? they are both separated by being online and using internet. but banks also uses internet therefore they will not be left behind in terms of technology, they will surely develop a contingency plan to level up with bitcoin. so therefore, banks and bitcoin will still co-exist even in the future.
Well, such things are harder to identify at a bank perhaps just bitcoin is quite different. It will be true for many years that banks are committed in terms of carrying and depositing their currencies while bitcoin differs greatly from all banks. This is different from all payment features and transfers of currencies. I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
Bitcoin makes investors and enthusiasts crazy and rather stay away from banks same as youtube to televison as all of those centralized things in there are scripted and controlled by oligarchs. But those things won't happen with Bitcoin as it is community based asset. Having possesion of 80% of Bitcoin funds with matching 20% of fiat funds will make sense nowadays to avoid financial crisis. This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
I think banks will adapt to the market. When the market uses crypto currency more than fiat, i think the banks will create their own coin and maybe their own virtual wallets. I don't think banks are dumb enough to be complacent when the crypto currency market booms in the economy. Lastly, banks are shrewed, they will do everything to slow us down.
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
maybe more precisely in my opinion is not crypto x bank but crypto x money because crypto is the latest breakthrough from tuakr exchange in cyberspace, not alt to store wealth or assets, even though it still takes quite a long time but at least what I see the development of crypto finally finished This is quite fast, although there are still some governments that have not been able to accept it or still apply certain rules to Crypto
so far if you ask me ill choose investing in bitcoin rather than banks why? cause bitcoin for me is much safer and easy to use, can be accessed everywhere, transactions are safe and easy most importantly cost less, bitcoin is safe because of blockchain tecnology which helps allow digital information to be distributed but not copied.
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
A long time ago? In what era? That doesn't make sense. As for now, Bitcoin was already used globally as a means of payment to online transactions but I think it has never been in the same effect as banks.
Banks have a problem with Bitcoin and other crypto currencies. They feel threatened. They should be afraid. Because finally we have a tool that gives us the opportunity to don't use banks and their services. We don't need them anymore. They have manipulated our lives until now, and it was enough.
Deposits in banks have reduced due to investment in cryptocurrency. People withdraw their money from bank accounts and put in bitcoin and of course it is a big problem for banks because people’s money is the only source of banks income. When there is no money in banks they will not be able to make money. They fully understand this thing. I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
That would be very far from happening. Youtube and television is entirely different story than what we are seeing in todays world. They are entertain industry and has got no restriction whatsoever. When it comes to the banking sector then it is all about the financial services and stuff which should be taken very seriously by both the entities. Its all about the money sector and when it comes to the money then things can be very much tighten one. Bitcoin is still struggling in its development phase and I believe that it wont make any difference until it become fail safe!
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
A long time ago? In what era? That doesn't make sense. As for now, Bitcoin was already used globally as a means of payment to online transactions but I think it has never been in the same effect as banks.
We are still far from it but I think banks really know that crytpo currency is a threat. I mean once one of the crytpo currencies in the marker become stable enough to be adopted then it will be a huge game changer. Everyone will be pulling out their fiat and converting it to crypto currency. Give it a few more years and we will see it happen.
and to realize that effect requires a lot of time because banker bankers around the world will not remain silent when the land he owns is damaged by a new system called cryptocurrency 
Banks have a problem with Bitcoin and other crypto currencies. They feel threatened. They should be afraid. Because finally we have a tool that gives us the opportunity to don't use banks and their services. We don't need them anymore. They have manipulated our lives until now, and it was enough.
in fact there is a good idea that banks can work with crypto currencies, so there might be convenience that will be accepted, but why is it difficult, many problems are not easy to decide because there may be many state policies that do not yet legalize crypto. but even so crypto has gone well.
Banks have a problem with Bitcoin and other crypto currencies. They feel threatened. They should be afraid. Because finally we have a tool that gives us the opportunity to don't use banks and their services. We don't need them anymore. They have manipulated our lives until now, and it was enough.
in fact there is a good idea that banks can work with crypto currencies, so there might be convenience that will be accepted, but why is it difficult, many problems are not easy to decide because there may be many state policies that do not yet legalize crypto. but even so crypto has gone well.
I like to invest more into bitcoin than investing at banks. I got all my money missing at one bank and this has really scared me when it comes to investing with banks. So lucky the amount wasn't all that huge.
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