No bank will never make disappear by bitcoin.
There are many reasons but main reason is fiat currency is main equity of rolling local market in each and every country. So bitcoin have certain level to use. And in future its not will be possible to make little transactions as halving will go on price of transaction will be higher.
But we also have to consider that we evaluate any lowest price good in bitcoin as bitcoin can be divide in units of satoshi.
Topic: Can Bitcoin make Banks disappear? - page 245. (Read 427614 times)
I dont think so. Banks are the main foundation of our currency that we use now. It is impossible for them to disappear. Maybe in the future, banks is also accepting btc to be deposit.
yes i am agree with you that not a sing currency can make banks disappear.i think it will even make bitcoin more stronger. because people will use banks to withdraw. and that will be in their favour. 
I dont think so. Banks are the main foundation of our currency that we use now. It is impossible for them to disappear. Maybe in the future, banks is also accepting btc to be deposit.
Bitcoin could make Banks disappear only if it would spread globally and be a global currency which would be used in every single country in the world if you mean disappear everywhere. But that will unfortunately never happen and probably, if it happened, someone would make Bitcoin banks so it would be all the same again.
Banks will not disappear, It is because in the near future all banks will adopt the system of Bitcoins like what's happening now in the other banks. Nad I don't see any conflict if they adopt it.
Yes, because the bank is central to the control of the financial system in all countries. So it will be quite impossible to do. It is possible that the system will be adopted for bitcoin Bank, because the system is very efficient and and bitcoin. However I think the Bank will still impose costs that are the same as now
That is right. If the banks adopt the bitcoin, it will cut their cost quite a lot and they can make more profits.
right, banks need profit in order to pay for their expenditures and to pay to the employers so they will impose some bigger fees on bitcoin if they adopt bitcoin, but I think if they start their wallets then they will earn some profit just as earning other wallet owners.
Banks will not disappear, It is because in the near future all banks will adopt the system of Bitcoins like what's happening now in the other banks. Nad I don't see any conflict if they adopt it.
Yes, because the bank is central to the control of the financial system in all countries. So it will be quite impossible to do. It is possible that the system will be adopted for bitcoin Bank, because the system is very efficient and and bitcoin. However I think the Bank will still impose costs that are the same as now
That is right. If the banks adopt the bitcoin, it will cut their cost quite a lot and they can make more profits.
Banks will not disappear, It is because in the near future all banks will adopt the system of Bitcoins like what's happening now in the other banks. Nad I don't see any conflict if they adopt it.
Yes, because the bank is central to the control of the financial system in all countries. So it will be quite impossible to do. It is possible that the system will be adopted for bitcoin Bank, because the system is very efficient and and bitcoin. However I think the Bank will still impose costs that are the same as now
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
Banks are really needed in a government. And it is not going to disappear. Because it is one of the sectors that makes an economy profitable.
And I don't think the government is going to allow this to happen because it is really a matter of importance.
And no one is going to control the flow of money.
Yeah, that's true. At the same time bitcoin losses its unique decentralized nature. Banking sectors try to take control over the bitcoin, which eventually makes users to get out of it. To avoid such situation bitcoin needs to function independently.
Banks will not disappear, It is because in the near future all banks will adopt the system of Bitcoins like what's happening now in the other banks. Nad I don't see any conflict if they adopt it.
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
Banks are really needed in a government. And it is not going to disappear. Because it is one of the sectors that makes an economy profitable.
And I don't think the government is going to allow this to happen because it is really a matter of importance.
And no one is going to control the flow of money.
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
Banks are really needed in a government. And it is not going to disappear. Because it is one of the sectors that makes an economy profitable.
And I don't think the government is going to allow this to happen because it is really a matter of importance.
And no one is going to control the flow of money.
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
Banks are really needed in a government. And it is not going to disappear. Because it is one of the sectors that makes an economy profitable.
And I don't think the government is going to allow this to happen because it is really a matter of importance.
And no one is going to control the flow of money.
I withdraw some cash from an ATM few weeks ago and just as i'm about to take my money out of the ATM the cash went back inside the machine so i tried to talk to the bank what i can do, and they told me to wait for a week for them to see if there were cash left inside. Hope they'd disappear sooner. and that we can all be using crypto.
What I am doing now is that I'm earning through bitcoin but I'm withdrawing it on ATM of the bank. So it has a very important matter between them.
And it is not a good thing if banks are going to disappear in a country because of bitcoins.
Because they are playing an important role at all.
I think bitcoin cant make banks disappear. Government needed banks to make their coutry more profitable. And banks will surely find a way on bitcoin will not conquer banks and make them disappear. Government will help too because they cant get a tax on bitcoin transactions
I agree with you. Bitcoin can't make banks disappear. In addition to what you have said, banks are centralized so I think millionaires would trust banks more than bitcoin. Even if bitcoin will be probably used as a currency in the future, I think it will not replace banks because banks are more secured than a bitcoin wallet since the one handling your money in banks are bank employees that will be liable to law if something bad happens to your money while in a bitcoin wallet, Even if you got all your bitcoin stolen, nobody can be deemed as guilty. hero member
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I think bitcoin cant make banks disappear. Government needed banks to make their coutry more profitable. And banks will surely find a way on bitcoin will not conquer banks and make them disappear. Government will help too because they cant get a tax on bitcoin transactions
I withdraw some cash from an ATM few weeks ago and just as i'm about to take my money out of the ATM the cash went back inside the machine so i tried to talk to the bank what i can do, and they told me to wait for a week for them to see if there were cash left inside. Hope they'd disappear sooner. and that we can all be using crypto.
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
Banks are really needed in a government. And it is not going to disappear. Because it is one of the sectors that makes an economy profitable.
And I don't think the government is going to allow this to happen because it is really a matter of importance.
And no one is going to control the flow of money.
Of course the bitcoin (or to be more precise, all the blockchain technology) has the potential enough to make banks disappear, and that is why most of them are so interested in adopting this technology to improve their current one; however I think it never will be sufficient to remove their fake model of business and sooner rather than later banks will be replaced by bitcoin or similar options.
The blockchain around bitcoin is a huge interest to banks as they pay high fees, soo if they can save their money they will do. Bitcoin has no such service as banks, they allow you to buy a house and pay over 40 years, bitcoin lending hasnt such security to make a loan above 1 year and even that period the risk to dont get the bitcoin is huge. 
Of course the bitcoin (or to be more precise, all the blockchain technology) has the potential enough to make banks disappear, and that is why most of them are so interested in adopting this technology to improve their current one; however I think it never will be sufficient to remove their fake model of business and sooner rather than later banks will be replaced by bitcoin or similar options.
i dont think so.... banks are important part of the society, bitcoin at least for my country is unknown
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