Topic: Can Bitcoin make Banks disappear? - page 160. (Read 427614 times)
For me, banks will not disappear. Bitcoin is good and somehow it is very helpful. But the thing that bitcoin is bad is that there are some who earn only by gambling. They are only wasting their Bitcoin. And banks will not disappear because we all know that banks are very trusful and safe.
im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
In my country, many of my fellow citizens here are not knowledgeable also in bitcoin. However, according to what you had mentioned that bank can make disappear, I don't think it will happen, or if ever will happen for sure all people in the world are much more familiar with Bitcoin.
im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
In my country, many of my fellow citizens here are not knowledgeable also in bitcoin. However, according to what you had mentioned that bank can make disappear, I don't think it will happen, or if ever will happen for sure all people in the world are much more familiar with Bitcoin.
im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
In my country, many of my fellow citizens here are not knowledgeable also in bitcoin. However, according to what you had mentioned that bank can make disappear, I don't think it will happen, or if ever will happen for sure all people in the world are much more familiar with Bitcoin.
I don't think bitcoin can make banks disappear, however bitcoin can make the banks starting to use bitcoin 
bitcoin can make bank disappear if more than 80% of people on this planet start using Bitcoin. Bitcoin and bank are totally different to each other because banks are a part of the centralized system while Bitcoin is created for the freedom. I don't think bitcoin can make banks disappear, however bitcoin can make the banks starting to use bitcoin
bitcoin can make bank disappear if more than 80% of people on this planet start using Bitcoin. Bitcoin and bank are totally different to each other because banks are a part of the centralized system while Bitcoin is created for the freedom. 
It wont make banks disappear . Like how can someone even think.
This is just a crypto currency , i would never replace paper currency.
Even though the world is becoming Digital , it doesnt mean the paper currency will not have any value.
USD and other such currencies will always be people priority over crypto currency.
No doubt Bitcoin is the worlds best crypto currency but i will never be better than any paper currency.
By making more research, we will know how bit bank and how small bitcoin is, I don't see there's a big competition between the two as majority of the people will still prefer to use fiat generated by the bank than bitcoin. What matters to non crypto believer is such currency is back by the government. This is just a crypto currency , i would never replace paper currency.
Even though the world is becoming Digital , it doesnt mean the paper currency will not have any value.
USD and other such currencies will always be people priority over crypto currency.
No doubt Bitcoin is the worlds best crypto currency but i will never be better than any paper currency.
It wont make banks disappear . Like how can someone even think.
This is just a crypto currency , i would never replace paper currency.
Even though the world is becoming Digital , it doesnt mean the paper currency will not have any value.
USD and other such currencies will always be people priority over crypto currency.
No doubt Bitcoin is the worlds best crypto currency but i will never be better than any paper currency.
This is just a crypto currency , i would never replace paper currency.
Even though the world is becoming Digital , it doesnt mean the paper currency will not have any value.
USD and other such currencies will always be people priority over crypto currency.
No doubt Bitcoin is the worlds best crypto currency but i will never be better than any paper currency.
yess bitcoins will make banks disappear at all.in by 2022 most of the people will start using bitcoins as their currency otherwise bitcoins will die in a very hard way .we have to work hard a lot everyday and make educate people about the bitcoin cryptocurrency.
I don't think what you are saying is going to happen because the services that banks provide no other can.
Example an ATM machine . I am sure that bitcoin creator namely Satoshi going to provide a service like that.
yess bitcoins will make banks disappear at all.in by 2022 most of the people will start using bitcoins as their currency otherwise bitcoins will die in a very hard way .we have to work hard a lot everyday and make educate people about the bitcoin cryptocurrency.
I don't think what you are saying is going to happen because the services that banks provide no other can.
Example an ATM machine . I am sure that bitcoin creator namely Satoshi going to provide a service like that.
If I were to have that opinion, I must conclude that banks would not be disappeared because you cannot cash out or handle your converted btc to fiat without the banks. Many people entrusted their fiat savings to the bank and there is no reason for people to withdraw their savings just for bitcoin, and most importantly bank is the gateway for bitcoin to prosper in the future because you can save your converted bitcoin into fiat savings.
Banks is what we need to make bitcoin prosper, we all started without bitcoin, some work for it but most of us buy it in exchange for our fiat. The moment we have our bitcoins, we either spend it or invest it, afterwards when we have an income and then cash out, we still need bank to withdraw our fiat. You see, it's a cycle, we need bank but bank does not need bitcoin.
If I were to have that opinion, I must conclude that banks would not be disappeared because you cannot cash out or handle your converted btc to fiat without the banks. Many people entrusted their fiat savings to the bank and there is no reason for people to withdraw their savings just for bitcoin, and most importantly bank is the gateway for bitcoin to prosper in the future because you can save your converted bitcoin into fiat savings.
As what I can see, those banks won't disappear.
There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
We have same perspective and vision, that the bank won't ever disappear indeed bank will just see opportunity and enhance through bitcoin. There will be time that the bank will just open account for bitcoin users like a foreign account and that they will also exchange bitcoin to local currency and vice versa. There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
As what I can see, those banks won't disappear.
There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
The right word to say is that they will be using digital currency but I'm sure it's not bitcoin. We are literally separate from the government as we are decentralize and we do not want to be run by government that we cannot be sure if they are clean or not. It's the purpose of bitcoin why it was invented, this is to give us freedom from government restrictions. There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
As what I can see, those banks won't disappear.
There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
There's a possibility that they'll start using the bitcoins in the future instead of the fiat currency.
I think that the banking system or even a single, separately taken bank, and bitcoin is not the same thing with different concepts. Therefore, to say that someone who destroys, it is simply impossible.
I don't really get the angle you're coming from but if you meant Bitcoin cannot make the banks the disappear then I disagree with you because time and time again cryptocurrencies (bitcoin in this regard) are proving to the currency for the future due to the blockchain technology behind its operations. Wouldn't you be better off if you had all your bank account at your fingertips-easily accessible with even lower transaction fees whenever you effect a transfer? Talk about security and all and you'll know that the banks would not be able to stand the challenge in future.
I think that the banking system or even a single, separately taken bank, and bitcoin is not the same thing with different concepts. Therefore, to say that someone who destroys, it is simply impossible.
I don't really get the angle you're coming from but if you meant Bitcoin cannot make the banks the disappear then I disagree with you because time and time again cryptocurrencies (bitcoin in this regard) are proving to the currency for the future due to the blockchain technology behind its operations. Wouldn't you be better off if you had all your bank account at your fingertips-easily accessible with even lower transaction fees whenever you effect a transfer? Talk about security and all and you'll know that the banks would not be able to stand the challenge in future.
I think that the banking system or even a single, separately taken bank, and bitcoin is not the same thing with different concepts. Therefore, to say that someone who destroys, it is simply impossible.
I don't think bitcoin can make banks disappear, however bitcoin can make the banks starting to use bitcoin
bitcoin can make bank disappear if more than 80% of people on this planet start using Bitcoin. Bitcoin and bank are totally different to each other because banks are a part of the centralized system while Bitcoin is created for the freedom. When this happen the banks will become weak and won't have forces to compete against bitcoin, but they wil ltry to find another way to make profit, maybe investing in a centralized project of currency with many benefits for population or investing in a new decentralized currency but with ocult intentions to have the same benefits they have now, making more profit than any other person.
How will bitcoin even make the banking system disappear is something I am still trying to figure out but I see the banking system embracing the blockchain infrastructure for the safety of the customers deposit and investment from cyber attacks but overtaking of the sysytem by bitcoin is not happening the banking system not only have they not been with us for ages, they also have the support of government which gave it the legitimacy in which bitcoin is yet to get. If that is settled then we can see some competition but not now.
Today, banks are very reasonably come when they begin to adopt blockchain technology, and thus they can pull the rug from under the feet of bitcoin. I think that the current system is at war with his own weapon bitcoin. Jump to: