Topic: Can Bitcoin make Banks disappear? - page 274. (Read 427614 times)
bank is always safe than bitcoin, you see it exist from long time, bitcoin is never can popular if government still not want use
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
That's how it should be as banks and Bitcoin can perfectly coexist alongside each other.There is simply no need for Bitcoin to get rid of banks. We need them.
I believe that bitcoin and banks will have some comon service to offer to us,makes no sense bitcoin against banks since they control the world,and the people money always at the banks,even with their services has some limites and high fees they control the fiat.Bitcoin cant compete with them,bitcoin is an option to some of us but the most use bitcoin for onlines issues and as investment option .
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
That's how it should be as banks and Bitcoin can perfectly coexist alongside each other.There is simply no need for Bitcoin to get rid of banks. We need them.
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I think btc can overtake banks in the next 50 years
The banking conglomerate is entirely too entrenched to "replace". They are the gatekeepers, and their interests will be served or it won't happen.
If you had a disruptive technology that threatened everything you had grown to expect, threatened the very mechanism by which you generated your value, how would you react?
"Blockchain blah blah blockchain..."
If you had a disruptive technology that threatened everything you had grown to expect, threatened the very mechanism by which you generated your value, how would you react?
"Blockchain blah blah blockchain..."
I'm not trying to sound negative but there's a also a possibility that banks can make bitcoin disappear. You ask me how?
Banks might come up with their own version of a regulated bitcoin like product. Since banks have been around and people see them as trustworthy companies, people would think that their money would be safer there and they would have options to choose from in terms of what they'd like to invest on.
Banks might come up with their own version of a regulated bitcoin like product. Since banks have been around and people see them as trustworthy companies, people would think that their money would be safer there and they would have options to choose from in terms of what they'd like to invest on.
I agree with this..banks have survive years..Maybe because of adopting to new situations...So I think if bitcoin would go mainstream, banks would also think of what they can offer to counter and slow down bitcoin, so probably adoption of new technology like blockchain would be a great idea for banks...
Maybe they will adopt to blockchains technology. But I don't think banks will disappear. We are still using banks to exchange bitcoin to fiat. And I don't think exchanges from this two will ever disappear. Bitcoins growth will always be measured by how much it is worth in fiat.
We do not need banks to exchange the bitcoin to fiat. That can be done by the existing exchanges so far.
it is impossible for a bank to disappear for now they are fighting bitcoin and even if they accept it and the world start using bitcoin then the bank will start using it too and make loan to people as investement.
I also think its not possible because banks are way too big and I think that a lot of people are depending on it.Banks are just also have too much power.
it is impossible for a bank to disappear for now they are fighting bitcoin and even if they accept it and the world start using bitcoin then the bank will start using it too and make loan to people as investement.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
can you explain more detail? I know that bitcoin and blockchain is a innovation idea. but it has touch the the core of government and bank(I still believe that money value come from military power). Why they still let these company growth?
I think it is kind of innovation and the size of these companies (e.g. anx, bitpay) are not big enough to threaten the position of traditional banks at this moment. Maybe 10 yrs or 20 yrs later, government may intervene.
Yeah, i also think that bitcoin will hard to make bank disappear. Because bitcoin don't have enough power to do it. Must through many processes to make bitcoin more useful rather than bitcoin and then makes bank disappear.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
can you explain more detail? I know that bitcoin and blockchain is a innovation idea. but it has touch the the core of government and bank(I still believe that money value come from military power). Why they still let these company growth?
I think it is kind of innovation and the size of these companies (e.g. anx, bitpay) are not big enough to threaten the position of traditional banks at this moment. Maybe 10 yrs or 20 yrs later, government may intervene.
Yeah, i also think that bitcoin will hard to make bank disappear. Because bitcoin don't have enough power to do it. Must through many processes to make bitcoin more useful rather than bitcoin and then makes bank disappear.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
can you explain more detail? I know that bitcoin and blockchain is a innovation idea. but it has touch the the core of government and bank(I still believe that money value come from military power). Why they still let these company growth?
I think it is kind of innovation and the size of these companies (e.g. anx, bitpay) are not big enough to threaten the position of traditional banks at this moment. Maybe 10 yrs or 20 yrs later, government may intervene.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
That makes sense. Let's see how it goes in the near future.
I'd use ANX service, I feel so good, it's a professional bitcoin / E-coin platform. Can you tell me more about FinTech payment solutions?
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
But maybe it will be only possible but around this time it will be not possible and it needs also some time.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
That's how it should be as banks and Bitcoin can perfectly coexist alongside each other.There is simply no need for Bitcoin to get rid of banks. We need them.
Yeah let both of them work for they are meant for, both have their own advantages and disadvantages, let people choose what its the best option for them.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
That makes sense. Let's see how it goes in the near future.
could you mind to tell me about how you feel ANX, I feel so confusing for the choose.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
That's how it should be as banks and Bitcoin can perfectly coexist alongside each other.There is simply no need for Bitcoin to get rid of banks. We need them.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
can you explain more detail? I know that bitcoin and blockchain is a innovation idea. but it has touch the the core of government and bank(I still believe that money value come from military power). Why they still let these company growth?
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
That makes sense. Let's see how it goes in the near future.
I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on.
Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
thats not true at all why would a bank change gold is the only thing they care about.they would never change they only will add a feature or something
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