Can Bitcoin make Banks disappear? - page 201.

South Park

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Quote from: rababo on October 21, 2016, 10:35:20 AM

No, I don't think it can. Bank has a lot of uses in compare to bitcoin. And banks has very different system than bitcoin.
People have more believe in banking system than bitcoin and there are many people who are still not aware about bitcoin.

Bitcoin has a lot more uses than any bank, just the blockchain technology is so revolutionary that is going to change a lot of things. Right now the only problem with bitcoin is adoption.

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Quote from: lottery248 on October 22, 2016, 08:07:54 AM

Quote from: iqlimasyadiqa on October 22, 2016, 07:59:08 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

in fact when we can maintain the security access then we can also make bitcoin we have secured very well. even bitcoin provides strong security access if we can carefully store the data they hold.

actually all the bitcoin core holders are needed to synchronize everything in the blockchain, even the key is secured well, do you mean there is still a possibility of private key leaking?

As long as there is a consensus, there is no need for everyobody to use the core. Some people are using the Classic.

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Quote from: iqlimasyadiqa on October 22, 2016, 07:59:08 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

in fact when we can maintain the security access then we can also make bitcoin we have secured very well. even bitcoin provides strong security access if we can carefully store the data they hold.

actually all the bitcoin core holders are needed to synchronize everything in the blockchain, even the key is secured well, do you mean there is still a possibility of private key leaking?

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Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

in fact when we can maintain the security access then we can also make bitcoin we have secured very well. even bitcoin provides strong security access if we can carefully store the data they hold.

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Quote from: Oilacris on October 22, 2016, 07:49:52 AM

Quote from: DrGuns4Hands on October 22, 2016, 06:12:11 AM

Quote from: milewilda on October 22, 2016, 06:00:14 AM

Quote from: virasog on October 22, 2016, 04:06:14 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

In short both thing doesnt affect each others path. Its very impossible for bitcoin to make banks would disappear because banks are there for a long time and its been already established and implemented and also plays a role society which controlled by the government therefore bitcoin would not do anything about it even how bitcoin would progress up in the future. Government would not let this thing to happen though.

You are right! We know that bitcoin will be more famous in the future but it wont happen that bitcoin will replace banks! Yes we use bitcoin in our daily stuff and also we can spend it in real life but that doesnt mean that bank could disappear with that because we are sure that government will stop it what ever happens.

Government would surely stop it because they dont want to implement some stuffes without being controlled by them as we all know that bitcoin cant be controlled thats why government would saw that bitcoin would be threat for them and wont let any thing to happen.

As other member said right here bank and bitcoin isnt related to each other becuase banks are just storage of our fiat currency and bitcoin is only a digital currency it wont affect each other as well as long as government didnt adopt bitcoin on a certain country.

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Quote from: DrGuns4Hands on October 22, 2016, 06:12:11 AM

Quote from: milewilda on October 22, 2016, 06:00:14 AM

Quote from: virasog on October 22, 2016, 04:06:14 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

In short both thing doesnt affect each others path. Its very impossible for bitcoin to make banks would disappear because banks are there for a long time and its been already established and implemented and also plays a role society which controlled by the government therefore bitcoin would not do anything about it even how bitcoin would progress up in the future. Government would not let this thing to happen though.

You are right! We know that bitcoin will be more famous in the future but it wont happen that bitcoin will replace banks! Yes we use bitcoin in our daily stuff and also we can spend it in real life but that doesnt mean that bank could disappear with that because we are sure that government will stop it what ever happens.

Government would surely stop it because they dont want to implement some stuffes without being controlled by them as we all know that bitcoin cant be controlled thats why government would saw that bitcoin would be threat for them and wont let any thing to happen.

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Quote from: milewilda on October 22, 2016, 06:00:14 AM

Quote from: virasog on October 22, 2016, 04:06:14 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

In short both thing doesnt affect each others path. Its very impossible for bitcoin to make banks would disappear because banks are there for a long time and its been already established and implemented and also plays a role society which controlled by the government therefore bitcoin would not do anything about it even how bitcoin would progress up in the future. Government would not let this thing to happen though.

You are right! We know that bitcoin will be more famous in the future but it wont happen that bitcoin will replace banks! Yes we use bitcoin in our daily stuff and also we can spend it in real life but that doesnt mean that bank could disappear with that because we are sure that government will stop it what ever happens.

milewilda

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Quote from: virasog on October 22, 2016, 04:06:14 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

In short both thing doesnt affect each others path. Its very impossible for bitcoin to make banks would disappear because banks are there for a long time and its been already established and implemented and also plays a role society which controlled by the government therefore bitcoin would not do anything about it even how bitcoin would progress up in the future. Government would not let this thing to happen though.

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Quote from: virasog on October 22, 2016, 04:06:14 AM

Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

Yes that is the best answer after all. Bitcoin will not make bank dissapear. But there is one thing can be change obviously. Yes that is the frecuention of using bitcoin will be increase every time. Becouse a realise that use bitcoin as currency is give us more advantage than using fiat. Bitcoin is more practicaly and low fee than credit card.

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Quote from: stadus on October 22, 2016, 01:05:40 AM

Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

Actually, many people are not understand about this point as you explain, and i am agree with you, bank always do their work for safe our money, and give us benefits about saving. And about bitcoin, bitcoin is like a investment, we can use it in different ways and make money.
And one thing is always clear that bank can't disappear to bitcoin, and bitcoin can't disappear to bank.

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Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life.

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Quote from: rozee on October 22, 2016, 12:10:36 AM

I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

thats right so even bitcoin revolutionized it is still cant make bank to dissolved completely because their are still people who will still use banks to entrusted their savings.

rozee

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I dont think if bitcoin will make banjs disappear
because not all people can use it especially old peoples who's cant use internet
and lots of country not allow bitcoin to operate on their country

bitlancr

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No it cannot in my eyes because of the fact that banks are way too powerful simply due to that its not possible at all.
I think it will never gonna happen, banks are maybe gonna accept the bitcoin in the future.

stromma44

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Quote from: socks435 on October 21, 2016, 11:30:24 AM

Quote from: gerXhonza on October 21, 2016, 10:52:48 AM

Quote from: rababo on October 21, 2016, 10:35:20 AM

No, I don't think it can. Bank has a lot of uses in compare to bitcoin. And banks has very different system than bitcoin.
People have more believe in banking system than bitcoin and there are many people who are still not aware about bitcoin.

Yes and I think bitcoin never make banks disappear as bitcoin is not too much trusted by the people and they have more faith in a banking system so they will continue to use banks.

Yeah right bitcoin still not so trusted currency as of now and before when i was scam by ponzi site forgoten bitcoin to use because its scam and before i start that i thought that bitcoin is scam so for now because of low popularity of bitcoin it can be still not defeat those banks and we are still need banks since they are more safe than bitcoin.

That's right banks are the safest place to save our money and people don't have same feelings for bitcoins at a moment as they always have an fear of loosing their money in it.

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Quote from: gerXhonza on October 21, 2016, 10:52:48 AM

Quote from: rababo on October 21, 2016, 10:35:20 AM

No, I don't think it can. Bank has a lot of uses in compare to bitcoin. And banks has very different system than bitcoin.
People have more believe in banking system than bitcoin and there are many people who are still not aware about bitcoin.

Yes and I think bitcoin never make banks disappear as bitcoin is not too much trusted by the people and they have more faith in a banking system so they will continue to use banks.

Yeah right bitcoin still not so trusted currency as of now and before when i was scam by ponzi site forgoten bitcoin to use because its scam and before i start that i thought that bitcoin is scam so for now because of low popularity of bitcoin it can be still not defeat those banks and we are still need banks since they are more safe than bitcoin.

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Quote from: rababo on October 21, 2016, 10:35:20 AM

No, I don't think it can. Bank has a lot of uses in compare to bitcoin. And banks has very different system than bitcoin.
People have more believe in banking system than bitcoin and there are many people who are still not aware about bitcoin.

Yes and I think bitcoin never make banks disappear as bitcoin is not too much trusted by the people and they have more faith in a banking system so they will continue to use banks.

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Quote from: piloder on October 21, 2016, 10:44:04 AM

Banks will never be replaced as there will be always need of bank in any country however bitcoin may make banks to rethink and start investing and converting their current traditional way of record keeping to decentralize blockchain which have already started by few banks.

banks being very interested in the blockchain as technology doesn't mean we get to benefit from it as well. banks only look to use the blockchain internally as private chain. they will not hand you over any freedom by allowing everyone to benefit from a technology as the blockchain. they want to rule every aspect of their business with iron fist. that's their system.

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Banks will never be replaced as there will be always need of bank in any country however bitcoin may make banks to rethink and start investing and converting their current traditional way of record keeping to decentralize blockchain which have already started by few banks.

rababo

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No, I don't think it can. Bank has a lot of uses in compare to bitcoin. And banks has very different system than bitcoin.
People have more believe in banking system than bitcoin and there are many people who are still not aware about bitcoin.

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