I don't think that Bitcoin can make bank disappear at all. Because right now there are a lot of Banks that are already trusted and also usable to those who have their own company. Because Banks can also do other things than just saving money.
i agree with you that bitcoin will never disappear the bank because we now that bank play very important role in their country and we know that bank controlling the fiat money and if everyone adopt the bitcoin and any local shop accept the bitcoin then i hope bitcoin will down the bank. 
Topic: Can Bitcoin make Banks disappear? - page 125. (Read 427614 times)
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
Of course the bank will not possibly be removed from the earth. The world's financial system is already dependent on banks and banks are already central to each country, bitcoin can not easily erase banks
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
Of course the bank will not possibly be removed from the earth. The world's financial system is already dependent on banks and banks are already central to each country, bitcoin can not easily erase banks
My answer is no.. bitcoin will never ever be able to replace the bank because of bitcoin's unpredictable rate.. and there are still too many people out there who does not believe in computerized banking or currency system.. ppl just want old fashioned face to face with banker to make a deposits and withdrawals.
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
It’s very easy for Bitcoin to remove Banks from the world. People all over the world use Banks and there is another group of people that just don’t use a banking system for their money. If the large Banks focused on Bitcoin then regular cash then that Bank would have the potential to crumble because there wouldn’t be any support to get back with when/if the price of Bitcoin goes down to nothing of value.
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
It’s very easy for Bitcoin to remove Banks from the world. People all over the world use Banks and there is another group of people that just don’t use a banking system for their money. If the large Banks focused on Bitcoin then regular cash then that Bank would have the potential to crumble because there wouldn’t be any support to get back with when/if the price of Bitcoin goes down to nothing of value.I don't think that Bitcoin can make bank disappear at all. Because right now there are a lot of Banks that are already trusted and also usable to those who have their own company. Because Banks can also do other things than just saving money.
I agree. Bitcoin can not destroy the banks. He can only infiltrate the banking system as an alternative currency.
I don't think that Bitcoin can make bank disappear at all. Because right now there are a lot of Banks that are already trusted and also usable to those who have their own company. Because Banks can also do other things than just saving money.
Bitcoin will not make bank disappear, but bitcoin will be an example for banks in terms of technology. Banks in world will apply the best technology, to easily serve public finances and run government programs.
Yes it will never make the bank disappear because banks are stronger with foundation and with the support of the government. But the block chain technology can be adopted by the bank if they wish so. And there are a lot of people that mostly treating the bank just for safe keeping but in bitcoin, you can choose a lot of wallet(bank) for your own.
There's no danger if you alone going to save bitcoin at your comfort. Because if you will keep your bitcoin in the bank, they are the ones that will have benefit on it. Let's think that they did adopted bitcoin already to their service, the same thing they will do with the money being deposited by the peopl, they will use it in other investment.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
I don't think that bitcoin can make bank disappear, though for now none bank in the entire world are not accepting bitcoin yet."TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
But once bitcoin become a world currency whether they like or not they will accept it soon.
Why not when that happens then blockchain there is its rival, but I do not know whether bitcoin eliminates banks.
Bitcoin will not have a chance to eliminate the banks because banks got too much power and if bitcoin will try to eliminate banks then they will need a lot of power and support because banks already got government and a lot of agencies so the possibility for banks to be eliminated will be down to 0% so we will just see bitcoin and bank at the same time.
Why not when that happens then blockchain there is its rival, but I do not know whether bitcoin eliminates banks.
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
During the bank get the full guarantee from the Government the bank would never disappear, even though a transaction bitcoin larger than the bank but will not be able to make bank disappear.while bank are continuously upgrading theirs, and besides we cannot compete those that are run by the government.
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
During the bank get the full guarantee from the Government the bank would never disappear, even though a transaction bitcoin larger than the bank but will not be able to make bank disappear. Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
i think it is possible, but not easy. for example we assume that all the people of the world has start using bitcoin. as withdrawal and depositing bitcoin is more easy than withdrawal and depositing of really money. so i am sure that then all the people of the world will give preference to bitcoin and therefore to me it is possible that bitcoin will disappear banks. 
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
As well as oligarchs that are earning well with their banks. Since the government is taxing them by millions of dollars they will not going to allow it to happen. If people are starting to convert their wealth to bitcoins and withdrawing all of their funds to the banks, it will be the start of their low income and probably they will protest to the government.
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
Bitcoin will not make bank disappear, but bitcoin will be an example for banks in terms of technology. Banks in world will apply the best technology, to easily serve public finances and run government programs.
Yes it will never make the bank disappear because banks are stronger with foundation and with the support of the government. But the block chain technology can be adopted by the bank if they wish so. And there are a lot of people that mostly treating the bank just for safe keeping but in bitcoin, you can choose a lot of wallet(bank) for your own.
Bitcoin will not make bank disappear, but bitcoin will be an example for banks in terms of technology. Banks in world will apply the best technology, to easily serve public finances and run government programs.
Yes it will never make the bank disappear because banks are stronger with foundation and with the support of the government. But the block chain technology can be adopted by the bank if they wish so. And there are a lot of people that mostly treating the bank just for safe keeping but in bitcoin, you can choose a lot of wallet(bank) for your own.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
I don't think that bitcoin can make bank disappear, though for now none bank in the entire world are not accepting bitcoin yet."TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
But once bitcoin become a world currency whether they like or not they will accept it soon.
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