Bitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
the government will never let it happen. governments have more power, they would prohibit bitcoin in the legislation and bitcoin will not be able to fight it
Topic: Can Bitcoin make Banks disappear? - page 136. (Read 427614 times)
Bitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
the government will never let it happen. governments have more power, they would prohibit bitcoin in the legislation and bitcoin will not be able to fight it Bankers may disappear and the banks,but the world banking will never ever disappear.Bitcoins has no match in banks in this days and even in the future.Banks are runned by government.There are still lot of things bitcoins must have pass to make banks disappear.Or bitcoins and banks may work together
It is the other way around governments are ran by banks that is why they get away with anything since they have bought every single politician and they cannot do anything against them since they are basically employees of the banks. 
Bitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
It is not powerful then it can make the banks disappear? What are you trying to say? Let's say that bitcoin is not that powerful so it won't make the banks disappear. The government of a country is not going to agree if ever there's a threat of making the banks disappearing, because it is a very important body of a country.
That's correct Government will never support bitcoins as it can be threat to their national currency and no Government will be interested in seeing that any digital currency replacing its major currency and if that happens then Government will loose all their control from the money.
Bitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
It is not powerful then it can make the banks disappear? What are you trying to say? Let's say that bitcoin is not that powerful so it won't make the banks disappear. The government of a country is not going to agree if ever there's a threat of making the banks disappearing, because it is a very important body of a country.
Bitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Neither banks nor bitcoin will disappear in future as both are the long term players and banks has already proved its power since it exists since long time and it also has large number of users bitcoins is comparatively new but will gain more popularity and users as time passes by.
Both bitcoin and banks will coexist with each other. Due to the growing popularity of bitcoin, banks now will start to accept bitcoin in order for the two to help each other. Banks cannot make bitcoin disappear because it is decentralized in nature and the same way, bitcoin cannot make banks disappear because banks are supported by the government. Since they cannot make each other disappear, the good possible way to make the coexist is to help each other. This way, bitcoin will be as powerful as the banks nowadays.
Banks may adopt blockchain technology in future but its very hard to believe that banks will shake hands with bitcoin in future as bitcoin is the toughest competitor for the banks so I don't think that banks will support bitcoins in future.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Neither banks nor bitcoin will disappear in future as both are the long term players and banks has already proved its power since it exists since long time and it also has large number of users bitcoins is comparatively new but will gain more popularity and users as time passes by.
Both bitcoin and banks will coexist with each other. Due to the growing popularity of bitcoin, banks now will start to accept bitcoin in order for the two to help each other. Banks cannot make bitcoin disappear because it is decentralized in nature and the same way, bitcoin cannot make banks disappear because banks are supported by the government. Since they cannot make each other disappear, the good possible way to make the coexist is to help each other. This way, bitcoin will be as powerful as the banks nowadays.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Actually it is possible that bitcoin could make the banks disappear, and Bitcoin Banks will be the one to replace it, but of course it would happen in the future and not now. If bitcoin would be declare as a currency which it could be accepted anywhere, anytime, in every places around the world, then this thing could really happen, well, I'm not that sure about it, it is just a thought since Japan already accepts bitcoin as a currency.
Japan started to accept bitcoin as a currency but does that made the banks from Japan disappear? No, banks there still exist and are performing as they were doing in the past so even if other countries make bitcoin as a legal currency the existence of banks will always be there.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Actually it is possible that bitcoin could make the banks disappear, and Bitcoin Banks will be the one to replace it, but of course it would happen in the future and not now. If bitcoin would be declare as a currency which it could be accepted anywhere, anytime, in every places around the world, then this thing could really happen, well, I'm not that sure about it, it is just a thought since Japan already accepts bitcoin as a currency.
I have to say it is quite possible, if the bitcoin on legal by the government then the bank transaction will drop, everyone will switch to bitcoin because proven better than other payment systems including banks.
I would not say everyone will switch to bitcoin. People have their own perception when it comes to bitcoin. Others may say that bitcoin is good, some may say it's bad, or others will not care at all. And think about this, not all people uses the bank (that includes me) so how come that everyone will use bitcoin.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Neither banks nor bitcoin will disappear in future as both are the long term players and banks has already proved its power since it exists since long time and it also has large number of users bitcoins is comparatively new but will gain more popularity and users as time passes by.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
Neither banks nor bitcoin will disappear in future as both are the long term players and banks has already proved its power since it exists since long time and it also has large number of users bitcoins is comparatively new but will gain more popularity and users as time passes by.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
I think function of banks still will not be replaced with bitcoin, but may have same function even if legality of bitcoin is still not official.
I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay.
So am sure Banks won't disappear but Bitcoin is here to stay.
No, bitcoin cant make banks disappear, bitcoin has amazing tools and does give freedom to all their costumers, even with the fees going up and being compared already with paypal. Banks does provide loans that we can use and repay over years, bitcoin loans arent safety since there is no way to force the taker to repay, at this forum people uses colateral altcoins and few some accounts to get repaid otherwise they would had lost all their bitcoins.
I don't think that "Bitcoin" can make banks disappear. Because im my country we need bank just to withdraw are bitcoin. So how can bitcoin disappear banks. Obvoiusly i think it will be good if there's now an Bitcoin ATM machines in my country it will be good to all bitcoiners in my country. 
Still, you need not worry about even if you don't have bitcoin atm machine because still, we have the option to convert from bitcoin fiat currency. But it is not possible for bitcoin to disappear banks because people also need paper currency to satisfy their need, so it is not possible to disappear banks.
I don't think that "Bitcoin" can make banks disappear. Because im my country we need bank just to withdraw are bitcoin. So how can bitcoin disappear banks. Obvoiusly i think it will be good if there's now an Bitcoin ATM machines in my country it will be good to all bitcoiners in my country.
although bitcoin will be a stand alone though, although you can use bitcoin directly to spending that would not make banks disappear, because banks are important for the country's financial order alsoThat's right banks are more important for the country and also for the citizens as most of their daily transactions are dependent on banks and they don't find any other better option to save their money other then banks so banks will always survive in future.
I don't think that "Bitcoin" can make banks disappear. Because im my country we need bank just to withdraw are bitcoin. So how can bitcoin disappear banks. Obvoiusly i think it will be good if there's now an Bitcoin ATM machines in my country it will be good to all bitcoiners in my country.
although bitcoin will be a stand alone though, although you can use bitcoin directly to spending that would not make banks disappear, because banks are important for the country's financial order also 
I have to say it is quite possible, if the bitcoin on legal by the government then the bank transaction will drop, everyone will switch to bitcoin because proven better than other payment systems including banks.
Certainly, it won't happen since bitcoin can be only be used for online transaction which means if it would replace banks, not all poeple can adppt it since internet connection isn't available to all place in which is bitcoin replace banks, those people who doesn't have internetconnection would not be able to withdraw their money. Jump to: