Topic: Can Bitcoin make Banks disappear? - page 190. (Read 427614 times)
when everyone is forced to put their money into a bank then they will surely gonna switch to bitcoin because firstly they will try the other avalible options and secondly they are adicted to banks for a really long time so they will surely find bitcoin network exiting and free with it really is
Right now there is no such thing the can challange the banks. Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
Competition? Bitcoin is money, if they found a way to earn with bitcoin, they will do however the bitcoin marketcap is low and I think that big banks have more money than this. In the other side of the coin, they will just use the blockchain because bitcoin users don't like banks.
Maybe they'll offer a better deal? or maybe buy a portion of some mining firm? you can never know what will they do but they will find some way do make bitcoin work in their use.
Right now there is no such thing the can challange the banks. Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
Competition? Bitcoin is money, if they found a way to earn with bitcoin, they will do however the bitcoin marketcap is low and I think that big banks have more money than this. In the other side of the coin, they will just use the blockchain because bitcoin users don't like banks.
I believe that is it absolutely impossible that btc will destroy the bank system.
Beside its unpredictability, how could btc ever reach every country in the world? Think about the third world and remember: no internet no bitcoin.
Beside its unpredictability, how could btc ever reach every country in the world? Think about the third world and remember: no internet no bitcoin.
this is what i am trying to say too. for bitcoin to be accessed, people need internet, so automatically those who are i the remote are will not be able to use bitcoin. Second, even if bitcoin have replaced fiat money, there are several services of banks that cannot be replaced by bitcoin like storing important physical documents and many more.
I believe that is it absolutely impossible that btc will destroy the bank system.
Beside its unpredictability, how could btc ever reach every country in the world? Think about the third world and remember: no internet no bitcoin.
Beside its unpredictability, how could btc ever reach every country in the world? Think about the third world and remember: no internet no bitcoin.
No bitcoin doesn't have that much strength to make banks disappear but bitcoin itself could get vanished someday because it's partially against government laws, like it doesn't have taxes and its decentralized. But one day banks could adopt digital money and use system like blockchain.
Also I think that the laws will adjust to the new reality, at least the laws in the democratic countries. It's a bit of a nonsense that such a thing as Bitcoin is outlawed in the "free world". But the banks will stay because people won't get rid quickly of something they get used to.
How hard is it to understand for people that the only entity with the ability to change the financial system drastically is the government itself. Bitcoin won't make a dent into banks.
Probably a typing mistake, but at least fix it.
And another thing, forget about banks promoting Bitcoin. Banks will never adopt something that goes against all their values. Just forget about it and focus on realistic targets.
Seriously, how can you get paid for such posts....
to me banks cannot make banks disappear, to me i think banks and bitcoins will work together and will try to promote one another. hope a time will come when banks will start adopting bitcoin,
Probably a typing mistake, but at least fix it.
And another thing, forget about banks promoting Bitcoin. Banks will never adopt something that goes against all their values. Just forget about it and focus on realistic targets.
bitcoin can make banks disapper but it wont because it does not here to compete with banks it is aready an better version of it more sercurity more privacy and more freely ti manage money
Seriously, how can you get paid for such posts....
-snip-
If I ask an bitcoin enthusiast, would if be fine with you if you do not have fiat money and you spend your bitcoins online only?
It would be foolish to just blindly accept your offer. Nobody will go such trouble just to prove it to you that he can do it without any prize. And I think your question can easily be solved by contacting someone you know in real life and making the guy buy things that you need. In return, you will pay him in bitcoins. If I ask an bitcoin enthusiast, would if be fine with you if you do not have fiat money and you spend your bitcoins online only?
No matter how you put it, bitcoin is still a currency and it can easily be used to buy something in real life even without using fiat. People will always accept your offer (like buying groceries for you) as long as you pay them. So using only bitcoins to survive is possible.
Right now there is no such thing the can challange the banks. Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
Competition? Bitcoin is money, if they found a way to earn with bitcoin, they will do however the bitcoin marketcap is low and I think that big banks have more money than this. In the other side of the coin, they will just use the blockchain because bitcoin users don't like banks.
If I ask an bitcoin enthusiast, would if be fine with you if you do not have fiat money and you spend your bitcoins online only?
Right now there is no such thing the can challange the banks. Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
Competition? Bitcoin is money, if they found a way to earn with bitcoin, they will do however the bitcoin marketcap is low and I think that big banks have more money than this. In the other side of the coin, they will just use the blockchain because bitcoin users don't like banks.
Right now there is no such thing the can challange the banks. Their monopoly is just to strong.
Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
I don’t think we are going to see any kind of open defiance against banks, they are too powerful and will try to crush any competition the only reason they cannot crush bitcoin is for its decentralized nature.Perhpas if some big wall street firms step in with bitcoin venture we can see this happeningMany people need some normal banks. Some people doesnt even know what Bitcoin is.
So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future. Do you think so ?
bitcoin can make banks disapper but it wont because it does not here to compete with banks it is aready an better version of it more sercurity more privacy and more freely ti manage money
yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.
I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.So, I think bitcoin can't disappear bank.
yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.
I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.So, I think bitcoin can't disappear bank.
Bank will never disappear as long as paper $$ still there
You are right and as we all know fiat currency is strong and been regulated by the government which means it would really stay still and no matter those alternative currencies would arise , fiat would be still there and no one could able to replace it from its place. Banks are storage for fiat therefore it would surely stay too.
Bank will never disappear as long as paper $$ still there
I don't think that it will disappear banks as banks are already have much works to do and their work is not only to store money for people but they are also maintaining the financial affairs for governments and for different organizations.
You are right, the thing is that they are just way too powerful for the bitcoin, the bitcoin could never do this in my eyes because banks are way too big together and also too powerful than.
to me banks cannot make banks disappear, to me i think banks and bitcoins will work together and will try to promote one another. hope a time will come when banks will start adopting bitcoin,
What you mean with banks cant make banks disappear, lol anyway, i did get you, i doubt bitcoin and banks will worth together, without regulamentation banks cant provide any service related to bitcoin, they can make a pack for crypto world investors and players, some special loan pack.
to me banks cannot make banks disappear, to me i think banks and bitcoins will work together and will try to promote one another. hope a time will come when banks will start adopting bitcoin,
yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.
I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.So, I think bitcoin can't disappear bank.
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