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Topic: Can Bitcoin make Banks disappear? - page 256. (Read 427614 times)

legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
June 16, 2016, 09:50:44 AM
banks is very hard to erradicate. too many supporters there still
member
Activity: 84
Merit: 10
June 16, 2016, 09:49:46 AM
I think that the bank is more important that the authorities , because they can rule fiat banking . In fact bitcoin bank should not , but people still need to get to the bank fiat after getting converted from a bitcoin. So now , the bank does not disappear , because bitcoin. In the future , who knows .
sr. member
Activity: 269
Merit: 250
June 16, 2016, 09:47:42 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
Yes oviously in future the banks will also be using bitcoins as the future of bitcoin will force them to do so because there will be many bitcoiners and  to make the business alive they will start using  bitcoins.

This is really difficult to predict that whether banks will start using bitcoin in future or not but one this is sure that banks will always survive and won't get replaced by bitcoin.

Its indeed difficult to predict but I honestly do not think this is possible because its simply not very easy.
A lot of people are depending on the banks and I also think elderly will never step over plus the investment market is based on banks..
hero member
Activity: 910
Merit: 1000
June 16, 2016, 09:45:42 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
Yes oviously in future the banks will also be using bitcoins as the future of bitcoin will force them to do so because there will be many bitcoiners and  to make the business alive they will start using  bitcoins.

This is really difficult to predict that whether banks will start using bitcoin in future or not but one this is sure that banks will always survive and won't get replaced by bitcoin.
legendary
Activity: 1176
Merit: 1016
June 16, 2016, 09:43:56 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
Yes oviously in future the banks will also be using bitcoins as the future of bitcoin will force them to do so because there will be many bitcoiners and  to make the business alive they will start using  bitcoins.
hero member
Activity: 912
Merit: 661
Do due diligence
June 16, 2016, 08:41:54 AM
"BTC/USD. The pair always be like that."

The pair is only like that if you choose it that way. In an exchange you can choose your pair.
Where USD is more widely used it will be paired with USD but it can be paired with any currency.
full member
Activity: 239
Merit: 250
June 16, 2016, 08:31:29 AM
Not, bank will not disappear, well actually bitcoin haven't a power to do that, although the system against the bank system.
And if you back to basic, bitcoin created as alternative currency, and the value is depends on fiat, BTC/USD. The pair always be like that.
hero member
Activity: 868
Merit: 1000
June 16, 2016, 07:52:44 AM
i think that bitcoins might definitely make banks disappear because people wont be interested in fiat

I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.

Actually let us rethink about this. "Banks". Where did it actually start. I think they started as a business infrastracture that will lend money to people. Before all the upgrades what are the through intentions? And with this is binded percentage if you will pay annually or semi annual. That is robbery already.  Undecided

Not sure I understand you. You're saying that banks charge too much interest on loans?
of course, banks are making money out of your money that you deposit in it, thats just crazy

That's crazy but people don't have any other option to save their money as banks are the safest place to store your money and the other fact is they are still not aware about bitcoin.
newbie
Activity: 42
Merit: 0
June 16, 2016, 07:47:26 AM
i think that bitcoins might definitely make banks disappear because people wont be interested in fiat

I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.

Actually let us rethink about this. "Banks". Where did it actually start. I think they started as a business infrastracture that will lend money to people. Before all the upgrades what are the through intentions? And with this is binded percentage if you will pay annually or semi annual. That is robbery already.  Undecided

Not sure I understand you. You're saying that banks charge too much interest on loans?
of course, banks are making money out of your money that you deposit in it, thats just crazy

So... Don't take out loans? Problem solved?
sr. member
Activity: 447
Merit: 250
June 16, 2016, 07:37:29 AM
i think that bitcoins might definitely make banks disappear because people wont be interested in fiat

I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.

Actually let us rethink about this. "Banks". Where did it actually start. I think they started as a business infrastracture that will lend money to people. Before all the upgrades what are the through intentions? And with this is binded percentage if you will pay annually or semi annual. That is robbery already.  Undecided

Not sure I understand you. You're saying that banks charge too much interest on loans?
of course, banks are making money out of your money that you deposit in it, thats just crazy
newbie
Activity: 42
Merit: 0
June 16, 2016, 07:15:49 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.

Actually let us rethink about this. "Banks". Where did it actually start. I think they started as a business infrastracture that will lend money to people. Before all the upgrades what are the through intentions? And with this is binded percentage if you will pay annually or semi annual. That is robbery already.  Undecided

Not sure I understand you. You're saying that banks charge too much interest on loans?
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
June 16, 2016, 07:07:26 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.

Actually let us rethink about this. "Banks". Where did it actually start. I think they started as a business infrastracture that will lend money to people. Before all the upgrades what are the through intentions? And with this is binded percentage if you will pay annually or semi annual. That is robbery already.  Undecided
hero member
Activity: 840
Merit: 501
Strength in Numbers
June 16, 2016, 04:10:22 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.

Banks will always be there and I don't think bitcoin will going make it happen that they are going to make banks disappear. And bank is very important in an economy and government. And if that happens no one will going to circulate the flow of money, fiat or digital in a country.
legendary
Activity: 2940
Merit: 1083
June 16, 2016, 03:49:40 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.

Hmmm. Thinking about that it cannot be. For bitcoins purpose is online so it dont need a physical thing. If that happen and they made something that is worth a bitcoin or two I think that would be a scam.
full member
Activity: 121
Merit: 100
June 16, 2016, 03:46:47 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
If the bitcoin will be a coin/paper currency and the demand will go high the banks will absorb that as their another additional currency but bitcoin can not disappear the banks.
sr. member
Activity: 364
Merit: 250
June 16, 2016, 02:16:31 AM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Yes, i also thinking about that they will also use bitcoin to gain more users of their banks. I hope that it will happen in my country Smiley.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
June 16, 2016, 02:14:54 AM
bitcoin make bank interesting to adopt blockchaian, banks interesting to use technology behind bitcoin Roll Eyes
sr. member
Activity: 455
Merit: 250
June 16, 2016, 02:10:39 AM
The bitcoin can make the banks much stronger. It can save them a lot of money and earn them a lot of money.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 10, 2016, 09:40:02 PM
I think its a no.Even if i am an bitcoin enthusiast im not believing that bitcoin can replace banks even in future.Banks been out before bitcoin existed in this world.People trust banks more than bitcoins because bamks is more secured.Bank is operated by government i think it cannot be replaced by a coin made by business mans
legendary
Activity: 1442
Merit: 1016
June 10, 2016, 01:42:49 PM
Bitcoin can't make banks disappear,cause banks are protected by goverments of different countries and bitcoin is illegal in many countries, it's really matter.

Banks are protectedby governments?
I guess you're talking about bailouts and bailins right? Sooner or later this will have find an end as well.
And please list all those "many countries" where Bitcoin is officially banned!! I'm sure your list won't even have 10 countries!
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