Topic: Can Bitcoin make Banks disappear? - page 170. (Read 427614 times)
Bitcoin won't disappear so easily, because so many users bitcoin is currently . i believe that someday many countries will accept bitcoins.
I think Banks will not disappear
but maybe they will use Bitcoin.
but maybe they will use Bitcoin.
Yes, in fact we are looking forward for this thing to happen.
But bank will not replaced by bitcoin because of its government's support and even there are many people who are truly using bank.
That's true and it's hard to believe that a new young crypto currency will be able to replace the banking system that very easy way. That's why there are countries that are banning bitcoin because they know that it is going to be a demand cypto to their country and that can make people not obliged to pay their responsibility like tax.
No bitcoin doesn't make banks disappear because it needs bank in order to link digital currency to fiat currency so that there is currency exchange circulating online and then online wallet is capable of banking transaction which bank can collect charges from it. Online banking is very important to bitcoin so that it can be cash out to fiat currency because you cannot have in hand a digital currency without fiat.
today bitcoin has many advantages when compared to the BANK. someday I'm sure that BANK will lose a lot of users. they will switch and use bitcoin as a primary payment method.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Bitcoin in the current situation will not affect the banking system. All the people who own and make banks much trying to find a way for the user control bitcoin. But the banks do not withdraw from the market.
It can affect the banking system when people who are using banking services sees that it is an advantage for them to use bitcoin for sending and accepting payment through it unless their senders and receiver are using bitcoin. Because it is not going to be covered by tax and the fees are even cheaper like the banks are charging but not just because of this, banks will remain and not going to disappear.
Bitcoin in the current situation will not affect the banking system. All the people who own and make banks much trying to find a way for the user control bitcoin. But the banks do not withdraw from the market.
It can affect the banking system when people who are using banking services sees that it is an advantage for them to use bitcoin for sending and accepting payment through it unless their senders and receiver are using bitcoin. Because it is not going to be covered by tax and the fees are even cheaper like the banks are charging but not just because of this, banks will remain and not going to disappear.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
even if then bitcoin exist and have more user than banks i don't think this is a realistic thought.
so far people have no trust as when they trust banks, bitcoin is still to young to be able do that.
That's still somewhat of a more friendly approach as governments can also choose to put a total ban in place. That's also a realistic possibility.
That's why I am happy with how Bitcoin is operating right now. It's an alternative currency, investment and store of value tool. As long as it stays like this, governments won't have any incentive to ban Bitcoin.
it is still needed a long journey for bitcoin to be established first.
then another long journey to make people using bitcoin in mass then banks is useless, that moment banks dissapeared, i don't know if it really can be done.
Bitcoin in the current situation will not affect the banking system. All the people who own and make banks much trying to find a way for the user control bitcoin. But the banks do not withdraw from the market.
It can affect the banking system when people who are using banking services sees that it is an advantage for them to use bitcoin for sending and accepting payment through it unless their senders and receiver are using bitcoin. Because it is not going to be covered by tax and the fees are even cheaper like the banks are charging but not just because of this, banks will remain and not going to disappear.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
even if then bitcoin exist and have more user than banks i don't think this is a realistic thought.
so far people have no trust as when they trust banks, bitcoin is still to young to be able do that.
That's still somewhat of a more friendly approach as governments can also choose to put a total ban in place. That's also a realistic possibility.
That's why I am happy with how Bitcoin is operating right now. It's an alternative currency, investment and store of value tool. As long as it stays like this, governments won't have any incentive to ban Bitcoin.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
even if then bitcoin exist and have more user than banks i don't think this is a realistic thought.
so far people have no trust as when they trust banks, bitcoin is still to young to be able do that.
That's still somewhat of a more friendly approach as governments can also choose to put a total ban in place. That's also a realistic possibility.
That's why I am happy with how Bitcoin is operating right now. It's an alternative currency, investment and store of value tool. As long as it stays like this, governments won't have any incentive to ban Bitcoin.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
even if then bitcoin exist and have more user than banks i don't think this is a realistic thought.
so far people have no trust as when they trust banks, bitcoin is still to young to be able do that.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Definitely bank will become fluid and adopt Bitcoin to their advantage. Don't forget behind this banking system are people who are knowledgeable about finance system and tweaked it according to their advantage. This only means that banks despite of popularity of Bitcoin will remain as bank but with modified system having bitcoin within it and gain much advantage.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.It means banks will disappear or banks will change themselves as bitcoin banks.
If bitcoin use more than 75% peoples in the world and more than 30% the countries accepted bitcoin as the legal payment, of course the Banks will disappear.
I think Banks will not disappear
but maybe they will use Bitcoin.
but maybe they will use Bitcoin.
Yes, in fact we are looking forward for this thing to happen.
But bank will not replaced by bitcoin because of its government's support and even there are many people who are truly using bank.
That's true and it's hard to believe that a new young crypto currency will be able to replace the banking system that very easy way. That's why there are countries that are banning bitcoin because they know that it is going to be a demand cypto to their country and that can make people not obliged to pay their responsibility like tax.
No it cannot let banks disappear these days that is just simply not possible because banks are way too big and also too powerful.
The bank cannot disappear simply because of that.
i agree with you that bitcoin can not disappear the bank because nowadays banks play very important role in any country and we pay our bills through bank and we deposit and withdrawal our money through banks so recently its impossible that bitcoin disappear then bank .The bank cannot disappear simply because of that.
The banks can adopt the bitcoin and provide services based on the bitcoin. That will lower their operating costs.
Yeah that will lower their operating costs but they will charge their subscribers or potential customers for using their service.
As we know that banks are also charging different unusual fees that we don't know. Even we are not using their service, so that's really disappointing.
me too sort of I havent encounter hidden charges or fees while im transacting in my bank I think there is something in their bank well I do remember there are fees if you do deposit money in your account but I think it is juat little and that is the only one thet required to pay. Other things than that they put it back to your account.
I think Banks will not disappear
but maybe they will use Bitcoin.
but maybe they will use Bitcoin.
Yes, in fact we are looking forward for this thing to happen.
But bank will not replaced by bitcoin because of its government's support and even there are many people who are truly using bank.
That's true and it's hard to believe that a new young crypto currency will be able to replace the banking system that very easy way. That's why there are countries that are banning bitcoin because they know that it is going to be a demand cypto to their country and that can make people not obliged to pay their responsibility like tax.
No it cannot let banks disappear these days that is just simply not possible because banks are way too big and also too powerful.
The bank cannot disappear simply because of that.
i agree with you that bitcoin can not disappear the bank because nowadays banks play very important role in any country and we pay our bills through bank and we deposit and withdrawal our money through banks so recently its impossible that bitcoin disappear then bank .The bank cannot disappear simply because of that.
The banks can adopt the bitcoin and provide services based on the bitcoin. That will lower their operating costs.
Yeah that will lower their operating costs but they will charge their subscribers or potential customers for using their service.
As we know that banks are also charging different unusual fees that we don't know. Even we are not using their service, so that's really disappointing.
I think Banks will not disappear
but maybe they will use Bitcoin.
but maybe they will use Bitcoin.
Yes, in fact we are looking forward for this thing to happen.
But bank will not replaced by bitcoin because of its government's support and even there are many people who are truly using bank.
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