I do not think this is possible because the bitcoin is just to small right now maybe its possible in the future.
But the time will learn it because the bitcoin is not to predict of course.
Topic: Can Bitcoin make Banks disappear? - page 232. (Read 427614 times)
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It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
I think it's impossible to make bank disappear, bitcoin just another alternative payment and we still need a bank. it's just my opinion
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
I think it's impossible to make bank disappear, bitcoin just another alternative payment and we still need a bank. it's just my opinion
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
I think it's impossible to make bank disappear, bitcoin just another alternative payment and we still need bank. it's just my opinion
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
of course it can, in my opinion it is the only question in time when we will see it happening, it would be really great to be honest because it would give me some decent moneyIm confused you will be making money if bitcoin stop work? Im pretty sure neither bank or bitcoin will disappear, banks provide several services and almost all people do use them. Bitcoin keeps being developed and has a huge potencial besides return the power to the people.
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
of course it can, in my opinion it is the only question in time when we will see it happening, it would be really great to be honest because it would give me some decent money 
That is precisely the finished result and that is likewise why some bank proprietors fear this and have begun concentrate how blockchain framework functions so they could incorporate it to their current keeping money frameworks since they consider Bitcoin to be their greatest adversary that could make them vanish.
bitcoin didn't reach there because all people don't use or want bitcoin payment method.So, currently jts impossible to disappear bank by bitcoin.We use bank for giving many kinds of fees etc by bank because store,shop don't accept bitcoin.so it's not possible for bitcoin to disappear e bank.
Banks would still exist even if Bitcoin was the biggest form of payment throughout the world, there are a ton of people who would still want to deposit their money in some kind of bank and not have to be completely responsible for everything they have either. While Bitcoin does let people be their own bank, there are definitely people who would just want to spend and move Bitcoin and not have to care for it.
bitcoin didn't reach there because all people don't use or want bitcoin payment method.So, currently jts impossible to disappear bank by bitcoin.We use bank for giving many kinds of fees etc by bank because store,shop don't accept bitcoin.so it's not possible for bitcoin to disappear e bank.
the point is, people should stop talking about bitcoin to replace banks and stuff. it just doesn't make sense. bitcoin and banks can co-exist without any problems. just look at how we use bitcoin in todays world. yes, banks might be harsh on bitcoin, but that's normal. they see in bitcoin a potential threat for their way of doing business. bitcoin won't replace banks, it's not possible, and it will never happen.
Two months ago I wrote that banks considering using blockchain weren't interested in Bitcoin. Today the news media is saying that a group of giant banks are seeking regulatory approval to use blockchain and their own proprietary coin. Obviously the banks don't trust or need Bitcoin.
http://www.bloomberg.com/news/articles/2016-08-24/ubs-rivals-to-push-digital-cash-backed-by-blockchain-ft-says
Bitcoin's odds of taking over the banking system look grim.
http://www.bloomberg.com/news/articles/2016-08-24/ubs-rivals-to-push-digital-cash-backed-by-blockchain-ft-says
Bitcoin's odds of taking over the banking system look grim.
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
very much true indeed!! banks have been here much longer than bitcoin and they have funds much bigger than on bitcoin also and their very much known and accepted worldwide rather than bitcoin that's why i think it is really impossible to be replaced.
Yes and comparatively bitcoin is too small, banks are too huge and the strongest financial institutions we have and it won't be easy at all for bitcoins to replace them in future.
Banks and bitcoins both will survive in long run, and I don't think that bitcoin can replace banks as banks holds maximum number of satisfied customer which is really missing in bitcoin at a moment.
The banks will adopt the bitcoin in their currency or the serviced goods. So that the cost of operating will be reduced a lot.
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
I agreed with you, It is because bitcoin is very open to any kind f businesses in any places of the world. And banks I think will be disappear they can be a good combination tandem if they will help to another. The bank will adopt the system of bitcoin while bitcoin is giving satisfaction advantage to the customers. That's it!
I think never happen, I don't think Bitcoin will make Banks disappear but it will create a separate space for itself. Too many world's finance operations are dependent on banks and therefore both of them will continue to co reside. So bank is never close
yes i am agree with you, bitcoin will never make banks disappear, but banks and bitcoin will work together and it will be good for both of them, if banks accept bitcoin then people will start using banks for bitcoin transaction and banks will get really good profit from these transaction. It is a good idea, but banks should have to keep the fees for bitcoin transactions the same which other wallets have, they should have their own wallets for that with the name of their banks, it is be a better cooperation of these both, with that banks will also continue to get their profit and bitcoin will also get a more strength.
Some people claim that the banks will never disappear since when Bitcoin takes over, they will just adapt and offer Bitcoin related services. This is not clear to me, I think there is no space for banks in the Bitcoin economy, it will be something new, a new service that is still an untapped niche, we will see.
banks do not only manage your money. some of them also sell products like insurances or real estate. the use of a deposit box is also a classic thing a bank does, so even with bitcoin people will use banks. also it will take a long time until everybody abandons fiat.
Some people claim that the banks will never disappear since when Bitcoin takes over, they will just adapt and offer Bitcoin related services. This is not clear to me, I think there is no space for banks in the Bitcoin economy, it will be something new, a new service that is still an untapped niche, we will see.
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
i can tell for sure that it is really possible to be honest, in my opinion when there will be another financial crisis bitcoin might start taking over I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
very much true indeed!! banks have been here much longer than bitcoin and they have funds much bigger than on bitcoin also and their very much known and accepted worldwide rather than bitcoin that's why i think it is really impossible to be replaced.
Yes and comparatively bitcoin is too small, banks are too huge and the strongest financial institutions we have and it won't be easy at all for bitcoins to replace them in future.
Banks and bitcoins both will survive in long run, and I don't think that bitcoin can replace banks as banks holds maximum number of satisfied customer which is really missing in bitcoin at a moment.
The banks will adopt the bitcoin in their currency or the serviced goods. So that the cost of operating will be reduced a lot.
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
very much true indeed!! banks have been here much longer than bitcoin and they have funds much bigger than on bitcoin also and their very much known and accepted worldwide rather than bitcoin that's why i think it is really impossible to be replaced.
Yes and comparatively bitcoin is too small, banks are too huge and the strongest financial institutions we have and it won't be easy at all for bitcoins to replace them in future.
Banks and bitcoins both will survive in long run, and I don't think that bitcoin can replace banks as banks holds maximum number of satisfied customer which is really missing in bitcoin at a moment.
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
very much true indeed!! banks have been here much longer than bitcoin and they have funds much bigger than on bitcoin also and their very much known and accepted worldwide rather than bitcoin that's why i think it is really impossible to be replaced.
Yes and comparatively bitcoin is too small, banks are too huge and the strongest financial institutions we have and it won't be easy at all for bitcoins to replace them in future.
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