Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
The number of Bitcoin ATMs may get significantly increased in coming days which may make bitcoin user less depended over usual bank's ATM to convert bitcoin into cash. However replacing whole banks and bank's ATMs will be almost impossible for bitcoin even after 100 years but it will surely gonna make government to atleast think about using blockchain tech for transparency and security in our traditional banking system. 
Topic: Can Bitcoin make Banks disappear? - page 218. (Read 427614 times)
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks are seeing the bitcoin as a threat to their business so within the powers of the government what the least they can do is to ban bitcoin to their country. In that way, then the bitcoin doesn't have a chance to penetrate into a country so if we are thinking that the bitcoin is going to make the banks disappear then that is not going to happen.
It is not literally a ban throughout the country. It is more of certain industries cannot use it. Examples are through banks or selling online, they would still prefer the usage of their own currency. Somehow you can see the patriotism in it. They love their country and they want it to grow so they will need to use their own currency for economic reasons.
Agree. It is for economic purposes because like in bitcoin it should also a cycle used it send it or give it so that it will roll all over our market
And i think bitcoin cant threaten banks because bitcoin populations is just too small than the banks and all of the people uses their own currency not bitconAs of now we can say that the bitcoin population is still low but as the time goes by I believe that it is going to grow rapidly. Because many people are seeing the price increase of bitcoin and they are loving it. And that is going to tend them that they are going to be adopting bitcoins soon and this is going to threaten banks services.
Banks may face tough competition from bitcoins in future but that doesn't mean that banks will stop their operations or will simply disappear, there will be many people that will keep on supporting and using bank services even in future.
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks are seeing the bitcoin as a threat to their business so within the powers of the government what the least they can do is to ban bitcoin to their country. In that way, then the bitcoin doesn't have a chance to penetrate into a country so if we are thinking that the bitcoin is going to make the banks disappear then that is not going to happen.
It is not literally a ban throughout the country. It is more of certain industries cannot use it. Examples are through banks or selling online, they would still prefer the usage of their own currency. Somehow you can see the patriotism in it. They love their country and they want it to grow so they will need to use their own currency for economic reasons.
Agree. It is for economic purposes because like in bitcoin it should also a cycle used it send it or give it so that it will roll all over our market
And i think bitcoin cant threaten banks because bitcoin populations is just too small than the banks and all of the people uses their own currency not bitconAs of now we can say that the bitcoin population is still low but as the time goes by I believe that it is going to grow rapidly. Because many people are seeing the price increase of bitcoin and they are loving it. And that is going to tend them that they are going to be adopting bitcoins soon and this is going to threaten banks services.
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
I would definitely agree with you. bitcoin can not disappear banks at this time nor in near future. because lots of people still don't aware of bitcoin and lots of people are know about it but don't want to use bitcoin as their primary money and payment system.so it is hard for bitcoin to disappear banks.
Correct and you have a point, there no possibility that bitcoin would make banks disappear anytime soon in the future. As you said fiat is already well established in how many decades already and bank are storage for those fiats and theres no way to make it disappear. Its been used almost all of people.
Mostly they used it as a storage without knowing that banks are the one who are gaining a lot of profits thanks to their kept money. They give them annual addition percentage for their loyalty but still that aint enough. A larger portion of that percentage that they won from investment will again rotate until they got rich and the people just get a little of it. Aint fair isnt it?
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
I would definitely agree with you. bitcoin can not disappear banks at this time nor in near future. because lots of people still don't aware of bitcoin and lots of people are know about it but don't want to use bitcoin as their primary money and payment system.so it is hard for bitcoin to disappear banks.
Correct and you have a point, there no possibility that bitcoin would make banks disappear anytime soon in the future. As you said fiat is already well established in how many decades already and bank are storage for those fiats and theres no way to make it disappear. Its been used almost all of people.
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
I would definitely agree with you. bitcoin can not disappear banks at this time nor in near future. because lots of people still don't aware of bitcoin and lots of people are know about it but don't want to use bitcoin as their primary money and payment system.so it is hard for bitcoin to disappear banks.
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks are seeing the bitcoin as a threat to their business so within the powers of the government what the least they can do is to ban bitcoin to their country. In that way, then the bitcoin doesn't have a chance to penetrate into a country so if we are thinking that the bitcoin is going to make the banks disappear then that is not going to happen.
It is not literally a ban throughout the country. It is more of certain industries cannot use it. Examples are through banks or selling online, they would still prefer the usage of their own currency. Somehow you can see the patriotism in it. They love their country and they want it to grow so they will need to use their own currency for economic reasons.
Agree. It is for economic purposes because like in bitcoin it should also a cycle used it send it or give it so that it will roll all over our market
And i think bitcoin cant threaten banks because bitcoin populations is just too small than the banks and all of the people uses their own currency not bitcon 
I think bitcoin would change the way how economy work overall banks included, Wouldn't completely make them disappear but make there rule less and there impact less significant, World still needs banks but maybe in a different way than the typical ones.
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
For the time being, that is the case. But when the infrastrucutre of the bitcoin is built, the banks will accept bitcoin.
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
So, what do you think more easily?
Places start to accept Bitcoin or a new altcoin made by banks?
Think about that! Bitcoin will never got this market...
Not at the current state. People are still dependent on banks to have access to paper money, because there are few places where you can get this through Bitcoin ATMs. In addition, there are few places where you can spend Bitcoin directly.
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks are seeing the bitcoin as a threat to their business so within the powers of the government what the least they can do is to ban bitcoin to their country. In that way, then the bitcoin doesn't have a chance to penetrate into a country so if we are thinking that the bitcoin is going to make the banks disappear then that is not going to happen.
It is not literally a ban throughout the country. It is more of certain industries cannot use it. Examples are through banks or selling online, they would still prefer the usage of their own currency. Somehow you can see the patriotism in it. They love their country and they want it to grow so they will need to use their own currency for economic reasons.
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
of course bitcoins cannot just make banks disappear, it is just too strong right now, maybe after a few decades only 
Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks got too much influence to dissapear. They are on the sidelines fighting to stop bitcoin's trend. First claiming bitcoin as their enemy but now launching their own blockchain solutions. So yeah with them being so influential I doubt bitcoin can make them dissapear.
Banks are now getting scared that they have a threat and they can see it to bitcoins. And if they aren't going do something about it for sure many clients of the banks are going to shift into using bitcoins. But the chance of making banks disappear by bitcoin is not going to happen. Because the government is not going to allow that.
I would disagree, banks are not threatened on the existence of bitcoin since they are somehow assured that people would really use their services and in fact banks are just storage and bitcoin is just a digital currency which theres no sense for it to make banks would disappear. One thing is for sure government wouldnt allow this thing to happen.
There is no advantage for bitcoin if it takes down banks. And I think bank can coexist with bitcoin. If you take down the bank, then fiat goes out as well. Then you will lose btcusd trading which is a good source of income.
That is correct. Bitcoin really is just an alternative for us the consumers to use it in our online transactions among other features of bitcoin. It is in no way that will replace fiat money completely because bitcoin has a limitation of its production compared to fiat money that seems limitless well, they can produce more but the consequence is inflation. Therefore, bitcoin cannot remove bank but they can coexist together.
yes i can but it wont bitcoin is not to challenge anyone or anything but insted it is just a complete seperate system. yes i agree that there are many other payment networks avalible but this is very unique it has a transaction chain which other dont have
Banks got too much influence to dissapear. They are on the sidelines fighting to stop bitcoin's trend. First claiming bitcoin as their enemy but now launching their own blockchain solutions. So yeah with them being so influential I doubt bitcoin can make them dissapear.
Banks are now getting scared that they have a threat and they can see it to bitcoins. And if they aren't going do something about it for sure many clients of the banks are going to shift into using bitcoins. But the chance of making banks disappear by bitcoin is not going to happen. Because the government is not going to allow that.
I would disagree, banks are not threatened on the existence of bitcoin since they are somehow assured that people would really use their services and in fact banks are just storage and bitcoin is just a digital currency which theres no sense for it to make banks would disappear. One thing is for sure government wouldnt allow this thing to happen.
There is no advantage for bitcoin if it takes down banks. And I think bank can coexist with bitcoin. If you take down the bank, then fiat goes out as well. Then you will lose btcusd trading which is a good source of income.
I believe it will in the future.
my be in future but not possible in present time, because banks are so stable in present time and most of the people are suing banks for their fiat money. I don't think so that to happen, but bitcoin will test the stability of traditional banking system by its advantages and potential of being friendly to all the people in this world.
I believe it will in the future.
my be in future but not possible in present time, because banks are so stable in present time and most of the people are suing banks for their fiat money. Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
Indeed but do you think banks would allow it to happen though. Banks run the world they have immense power especially the rotschild family.
Bitcoin would be banned everywhere before it could get close enough to destorying fiat and banks.
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