not possible at this moment or in the coming decade, banks are globally trusted by the people whereas people are still hesitating to use bitcoins. Also bitcoin still needs a support from people and some time to grow and be more popular in coming future
Topic: Can Bitcoin make Banks disappear? - page 203. (Read 427614 times)
will never happen. bank will stay always. coz its not possible for everyone to use a single currency worldwide. also not all people use a single way to purchase everything. Banks will always win, they have support from the Government and the society.
Yup and banks are more older and stronger then bitcoins and there is no point in thinking that everyone will quit using banks and switch to bitcoins and that will never happen as even in future bitcoin will be having limited users.
And people are more trusting banks against bitcoin so it is not going to happen and people are more used to with banks. And for those people who doesn't even know bitcoin, they are going to think about it that how did it manage to make banks for this decentralized crypto currency that has been established and running within for just few years.
will never happen. bank will stay always. coz its not possible for everyone to use a single currency worldwide. also not all people use a single way to purchase everything. Banks will always win, they have support from the Government and the society.
Yup and banks are more older and stronger then bitcoins and there is no point in thinking that everyone will quit using banks and switch to bitcoins and that will never happen as even in future bitcoin will be having limited users.
will never happen. bank will stay always. coz its not possible for everyone to use a single currency worldwide. also not all people use a single way to purchase everything. Banks will always win, they have support from the Government and the society.
Bitcoin has proved popular when the internet is always at hand and the device to enter the wallet and make the purchase. But if on the outskirts of such opportunities will not appear. Paper money in the bank to get better.
Yes and we cannot expect that everyone will start using bitcoins in future especially the older generation will never prefer to use bitcoins and will continue to use banks as they are used to their system.
Bitcoin has proved popular when the internet is always at hand and the device to enter the wallet and make the purchase. But if on the outskirts of such opportunities will not appear. Paper money in the bank to get better.
Yes and we cannot expect that everyone will start using bitcoins in future especially the older generation will never prefer to use bitcoins and will continue to use banks as they are used to their system.
banks are based on transfering and using public funds for their growth but bitcoin works in a diffrent way it is already developed and now we are using it like a normal money if results in more susseful and better transactions of btc yes it can replace banks
Bitcoin has proved popular when the internet is always at hand and the device to enter the wallet and make the purchase. But if on the outskirts of such opportunities will not appear. Paper money in the bank to get better.
bitcoin's currently no nothing compared with the bank. the bank has many functions that are not owned bitcoin, in addition to the bank's security is the best in the world.
Agreed, banks are more stronger in compare to bitcoins as they also holds the support from the Government and the society which is totally missing in bitcoins and it can never make banks disappear.
bitcoin's currently no nothing compared with the bank. the bank has many functions that are not owned bitcoin, in addition to the bank's security is the best in the world.
No both serves different purpose and bitcoin can't make bank disappear because old guys depends totally on bank for financial matter but icky some of the teens like me depends on bitcoin for earning so we 1 and 2 people can't make the change. Even bitcoin is not accepted by all government and for transaction to those countries will need bank transfer.
No bitcoin can't make bank disappear because both are different thing and our old guys will never use bitcoin because they will think bitcoin something else. And due to generation gap they will not accept bitcoin.
I tend to agree with you, but old people don't trust banks and are saving everything as cash money in their house. Bitcoin can offer them the perfect store of value tool where they have nothing to do with banks and governments. Not that these people will trust Bitcoin at first, or see an added value to it, but eventually they might change their mind as storing cash money at home is very dangerous.
Banks won't go anywhere. but i do hope they go along with the trend and will one day create their own blockchain. This will make it easy for the people to move money from one coin to another. it may happen or it may not but sure they are not going to disappear.
i do not think so that bank can disappear by bitcoin , hope that they will work in cooperation with each other, and bank will accept bitocin for deposit and withdraw.
it is an interesting collaboration. maybe even someday Bitcoin can be stored in a conventional BANK. it is one thing that must be realized. BANK's financial system and bitcoin will increase.Take note that it is not only USD that the banks store but every other popular currencies as well.
We may as well hope for bitcoin to be integrated in the banks. That would be awesome and beautiful and helpful.
Banks won't go anywhere. but i do hope they go along with the trend and will one day create their own blockchain. This will make it easy for the people to move money from one coin to another. it may happen or it may not but sure they are not going to disappear.
No I do not think that the bitcoin can let banks disappear to be honest, the banks are way too big and they can even let the bitcoin disappear at the end.
Me too I don't think that the banks are going to be disappear because of bitcoins because banks ally is the government of the country.
And since bitcoin doesn't have an ally with the government of a country unless it is going to be adopted and going to be covered by the law.
Then still it won't make banks disappear but instead it will make the banks to adopt them.
Banks won't go anywhere. but i do hope they go along with the trend and will one day create their own blockchain. This will make it easy for the people to move money from one coin to another. it may happen or it may not but sure they are not going to disappear.
No I do not think that the bitcoin can let banks disappear to be honest, the banks are way too big and they can even let the bitcoin disappear at the end.
Hello I think am new to this forum but my opinion on this issue is that banks are beginning scared of the new system coming hope very are panic about bitcoin.. 
;Cheer's.
;Cheer's. i do not think so that bank can disappear by bitcoin , hope that they will work in cooperation with each other, and bank will accept bitocin for deposit and withdraw.
It should not disappear because we need banks for bitcoin to exchange and banks are still more safe area to save our money unlike bitcoin that you are saving your money in online that you dont know it will stay long or not.. so bitcoin will be still stay and we need this banks for loans and savings..But I think if bitcoin gets widely used and accepted in future then we don't need banks anymore as we can buy anything directly using bitcoin without converting to fiat, and it will reduce the customers of banks for sure.
Bitcoin can handle several transactions online, but in the end banks does provide some service that bitcoin wont be able to provide loans are the only thing that will keep banks being the only companies that does controls fiat. And there are several people that wont join crypto world doesnt matter how good it might be they wont join neither use.
I think the banks will go bankrupt because of those loans that they are giving out. It may not be that bitcoin will make them disappear but they will be ruined by their own actions.
Jump to: