Money transfer through Bank to buy Bitcoin. How can Bitcoin make Banks disappear?
Indeed. That was the funny thing and the real scenario nowadays. How can we think that Banks will be gone because of Bitcoin if people still rely and being dependent to the existence of banks to make their virtual money in terms of cryptocurrency into real money in terms of paper money or cash? It is really far to reality that because of the existence of Bitcoin, Banks will be closed because admit or not, Banks have already been part of our lives and we are still relying on it. 
Topic: Can Bitcoin make Banks disappear? - page 13. (Read 427612 times)
Maybe if the problems faced by bitcoin currently are solved and trading bitcoin becomes easy. Maybe one day all banks will have their own cryptos. Who knows?
I do not think it can honestly because the bitcoin itself has a good future, but not so good at all, the banks are still too big these days and I think its also not gonna change in the future.
The banks are one of the most powerful things on the global globe in my eyes, it has such a lot power, it can really control all the people in the whole globe.
The banks are one of the most powerful things on the global globe in my eyes, it has such a lot power, it can really control all the people in the whole globe.
As of right now given everything we know I think it won't happen for the foreseeable future but after 10 maybe even 25 years this type of thing could happen. The reason I don't think it will happen yet is because the currencies we have are huge and the banks aren't going to let this happen overnight if at all. There will be massive resistance and that will be ongoing for a long time before status quo changes.
it can't we are now in the age where technology can now be copied...Bank owners are clever enough to see why bitcoin is going strong as it matures, and most probably one day, they will do their best to cope up with it and survive
That is far too impossible. Bank will exist forever and bitcoin too but bitcoin can never close the banks. How can we withdraw a money if there is no banks. But still bitcoin is the best to invest.
I personally think that banks will stay for good. Banks have services that bitcoin cannot offer and vice versa. And in my opinion, banks will offer bitcoins in the future.
That's true, bank is regulated by the government and other richest people so there is no way to make bank disappear. As a matter of fact all people who are earning Bitcoin usually prefer to save their money in the bank cause they no it is secured what ever happen, unlike Bitcoin it could change it price right away without your knowledge. So I guess people would continue patronized bank as a safe place to put all their wealth.
Money transfer through Bank to buy Bitcoin. How can Bitcoin make Banks disappear?
if bitcoin have no function of bank .for example, loanong.bitcoin dont have this function . on the other hand,at least half countries of the world dont admin bitcoin
If experts say that bitcoin will stay then it will stay but as far as I can comprehend banks will not literally disappear it is just that if bitcoin will stay it will create a cashless society thus putting fiat money down that affects business but that is not applicable right now because we still need fiat but I doubt that banks will not do anything to prevail.
I personally think that banks will stay for good. Banks have services that bitcoin cannot offer and vice versa. And in my opinion, banks will offer bitcoins in the future.
Bitcoin has a lot of risk from its price which makes banks fear so it will not be acceptable for banks in the future. But many countries have banned Bitcoin to help banks survive and develop. Bitcoin will disapear, i think 
I think this is impossible, because Bitcoin has a strong user base, and bitcoin has been running for many years, more and more stable
Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
Yes, Bitcoin has the ability to pay, but it is difficult to completely replace the work of the bank, because each country is an independent entity, the payment of bitcoin requires state permission, that is, banks to some extent limit the entry of bitcoin
I think no. BTC is new technology assets and people are more and more interesting in it day by day. However, banks are part of the countries and they have role to not only store money, transfer money, but also control country's finance.
Really hard to conceive that banks will disappear because they have been around since we were born and thus it hard to imagine society without the status quo. I won't go as far as saying it won't ever happen but I don't think they will stop existing any time soon, but their capacity could definitely be reduced.
Bank will still stay here for awhile and even in the future. It will always finds its way even in the event that cryptocurrency will be adopted by most of us. Although there is really no certainty of the future but banks are already an institution and it will stay and may even just adopt blockchains and not necessarily bitcoins.
But bitcoins will be here and it may be the future.
Probably not in the foreseeable future , lots of older people won't trust bitcoin and would rather trust banks who have screwed everyone over before.
Really hard to conceive that banks will disappear because they have been around since we were born and thus it hard to imagine society without the status quo. I won't go as far as saying it won't ever happen but I don't think they will stop existing any time soon, but their capacity could definitely be reduced.
This a very serious issue. Countries all around the world are thinking about this topic and some government are looking for plans and rules to prohibit this from happening. But these days, the bitcoin is passing through a bad periode so i think that the possibility of the idea of banks' disappearance is not si easy and needs a lot of time to be possible.
Uh, no. I don't think so. There are only a handful of Banks that disappeared. And none of that is caused by Bitcoin, and I don't think that it will ever make Banks disappear, ever. A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. A banking system also referred as a system which offers cash management services for customers, reporting the transactions of their accounts and portfolios throughout the day, trade with financial and bank's financial instruments, offer an exchange of currency and disburse different type of fund.
Now, I'm giving you back your question, do you still think Bitcoin can make banks disappear?
Now, I'm giving you back your question, do you still think Bitcoin can make banks disappear?
As all here know banks making an attempt to make their personal blockchain,to conserve the substantial fees they spend,soo probably be a issue of time until they commence to accepts payments of bitcoins ,as purposes with bitcoins ,converted to fiat benefit on the working day ,and increasing as btc and not fiat.
Jump to: