nope i dont think so the best part of it that i am actually thinking instead of letting banks disappear because of bitcoin is that they might be going to adopt bitcoin and allows user to transfer bitcoins from wallet to banks and vise versa
i also think so. i think bitcoin cannot disappear bank. but it will be approved by the government and the bank will also do accept bitcoin in banks. so we can say that bank will not disappear but they will adjust bitcoin. 
Topic: Can Bitcoin make Banks disappear? - page 247. (Read 427614 times)
Bitcoin will not make banks disappear, it will change the way the world banks.
Yes the banks have been here for a long time and gained trust of almost every people. Furthermore the elite are still standing in the way of the rise of btc. So it is nearly impossible for btc to vanish banks. Yeah and bitcoin is not yet that powerful that it can replace strong financial institution like banks, as banks holds support from the Government and they will never allow bitcoin to get on the mainstream.
nope i dont think so the best part of it that i am actually thinking instead of letting banks disappear because of bitcoin is that they might be going to adopt bitcoin and allows user to transfer bitcoins from wallet to banks and vise versa
Although Bitcoin offers competition to the banks, I highly doubt it will replace it in our lifetimes.
Agree with that also. Hard work have been done to establish those industry and it will also be a long time before someone or something could make it fall. That is just not that easy.
Banks have support from the Government and society and people who are not aware about bitcoin will stand tall with banks and will never allow bitcoin to take place of banks.
Although Bitcoin offers competition to the banks, I highly doubt it will replace it in our lifetimes.
Agree with that also. Hard work have been done to establish those industry and it will also be a long time before someone or something could make it fall. That is just not that easy.
Bitcoin will not make banks disappear, it will change the way the world banks.
Yes the banks have been here for a long time and gained trust of almost every people. Furthermore the elite are still standing in the way of the rise of btc. So it is nearly impossible for btc to vanish banks. Yeah and bitcoin is not yet that powerful that it can replace strong financial institution like banks, as banks holds support from the Government and they will never allow bitcoin to get on the mainstream.
Although Bitcoin offers competition to the banks, I highly doubt it will replace it in our lifetimes.
yes, I believe Bitcoin will make banks obsolete. if not Bitcoin, at least a digital currency similar to it.
when ? that's the hard question. a great number of people around the world still trust banks with pretty much their ( financial ) life. until those people change their minds or die of old age, Bitcoin will never beat it.
when ? that's the hard question. a great number of people around the world still trust banks with pretty much their ( financial ) life. until those people change their minds or die of old age, Bitcoin will never beat it.
Bitcoin will not make banks disappear, it will change the way the world banks.
Yes the banks have been here for a long time and gained trust of almost every people. Furthermore the elite are still standing in the way of the rise of btc. So it is nearly impossible for btc to vanish banks. Nope Bitcoin is separate, and the bank is different. I think no people will take a risk in this. Because in Bank our money will be safe and it is our old storage. If anything happens bank, people will help us. IN Bitcoin it is not like that, It is very easy and helpful I agree, But security wise I prefer Bank.
But what if there was a bank-like system made of just BTC? (Though it'll never happen, it's just food for thought)
If the issue is trust then I think just trusting something because its been around longer isn't the greatest plan, that system feeds off of blind trust. Trusting a bank over BTC isn't wrong but before trusting one over another maybe length of existence shouldn't be the only deciding factor.
I think it could but not for many years, you know now there are a lot of people not even know what to do with computers.
But 50 years from now almost 99% of earth's population will learn and use them more often so then we can hope
Every one use bitcoin as the only or main currency.
But 50 years from now almost 99% of earth's population will learn and use them more often so then we can hope
Every one use bitcoin as the only or main currency.
Even at 50 years, I do not think that banks will disappear just because new generation is computer oriented. bank workers are also are knowledgeable in computers and mostly banks have their own programmers, banks to develop and grow just like bitcoin, so I think it will still in race with bitcoin and wont be left behind..
I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small.Soon enough, banks may actually use bitcoin as one of the main currencies.
There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news.
True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business.
I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity.
Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
I think it could but not for many years, you know now there are a lot of people not even know what to do with computers.
But 50 years from now almost 99% of earth's population will learn and use them more often so then we can hope
Every one use bitcoin as the only or main currency.
But 50 years from now almost 99% of earth's population will learn and use them more often so then we can hope
Every one use bitcoin as the only or main currency.
Banks won't just dissappear they will just adapt as they always have.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
Yes it takes time to gain trust. And they have established that, that is why people will still be looking for a bank. They see it as the legal way though bitcoin is not illegal they would want someone who will do it for them in case they want to invest in bitcoin though bank
Nope Bitcoin is separate, and the bank is different. I think no people will take a risk in this. Because in Bank our money will be safe and it is our old storage. If anything happens bank, people will help us. IN Bitcoin it is not like that, It is very easy and helpful I agree, But security wise I prefer Bank.
I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small.Soon enough, banks may actually use bitcoin as one of the main currencies.
There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news.
True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business.
I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity.
Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
Banks won't just dissappear they will just adapt as they always have.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
People will need both wallets and banks in my opinion, Bitcoin is needing a long time to being used worldwide as first global currency instead fiat, and banks will help to advertise it by exchange the coins to other currencies.
If there is any adoption in banking side on bitcoins means then possible to work on banking side as well. But completely disappear banking.
Banks won't just dissappear they will just adapt as they always have.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.
They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.
I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small.Soon enough, banks may actually use bitcoin as one of the main currencies.
There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news.
True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business.
I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity.
Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
Well we can't tell we have our own opinions about it but it is much better if the banks are not going to disappear because it plays a very important role in the economy of the country they serves as the one who controls the flow of the money in the economy.
I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small.Soon enough, banks may actually use bitcoin as one of the main currencies.
There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news.
True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business.
I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity.
Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
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