Topic: Can Bitcoin make Banks disappear? - page 279. (Read 427614 times)
It could happen. bitcoin payment is very great. bitcoin facilitate all transactions that we do .. bitcoin has great power to bring down and eliminate the bank !!!
With the stranglehold the Rothschild family have on the global banking system there will always be banks.
No, because we still need to sell our bitcoins and bitcoins usually get sold into fiat. With that being said, there's just no way. In fact Bitcoin fuels fiat ten times more than you'd actually believe.
I think they would coexist with each other, Banks is important and the cornerstone of the current financial system, Bitcoin is good as well but it is a part of the online field mainly.
That's true, Bitcoin is the best in the internet world and its wallet while fiat and bank are the best in real life...But still, fiat has an advantage over bitcoin, as it is widely known through out the world and banks too, while bitcoin depends on the internet to be widespread..
I think they would coexist with each other, Banks is important and the cornerstone of the current financial system, Bitcoin is good as well but it is a part of the online field mainly.
That's true, Bitcoin is the best in the internet world and its wallet while fiat and bank are the best in real life...But still, fiat has an advantage over bitcoin, as it is widely known through out the world and banks too, while bitcoin depends on the internet to be widespread..
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Well said, the possibilities are very low. Banks were much preferred by most users. Right now just a very small percentage people use bitcoin compared to banks.
I think they would coexist with each other, Banks is important and the cornerstone of the current financial system, Bitcoin is good as well but it is a part of the online field mainly.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Most probably bank leaders are the master player and have their own strategy about it to how it will work around the whole world. We bitcoins users have to get support from the bank through ATM of the local bank so to get our transaction from bitcoins.
Banks will never support bitcoin, as they are enjoying the monopoly since the long time, and there will be no competitor for banks even in the future.
Yeah normal people needs banks for their financial transactions as they find it easy and now they are used to it and will take time for them to switch to a product like bitcoin.
It depends upon the bank manager i think if that happen they have Plan B to support the banks need, then the if the other banks dissappear if the bank manager dont have plans, Hehe But its hard to think what will they do if that happens?
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Most probably bank leaders are the master player and have their own strategy about it to how it will work around the whole world. We bitcoins users have to get support from the bank through ATM of the local bank so to get our transaction from bitcoins.
Banks will never support bitcoin, as they are enjoying the monopoly since the long time, and there will be no competitor for banks even in the future.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
bank plays an important role in a country's financial. the bank is not just a place to save money but it's more than that. all the financial processes of a country will be processed by the bank.so it will be impossible if the banks disappear and be replaced by bitcoin. I can not think until over
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?
Banks as WE know it may disappear, but banks generally will not disappear.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Most probably bank leaders are the master player and have their own strategy about it to how it will work around the whole world. We bitcoins users have to get support from the bank through ATM of the local bank so to get our transaction from bitcoins.
Banks will never support bitcoin, as they are enjoying the monopoly since the long time, and there will be no competitor for banks even in the future.
That will only be possible if Bitcoin is more popular and more used than Dollar and that is now not the case now, as you can see you see of course that Bitcoin is getting more popular.
But the bad thing is that it is not everywhere acceptable and that must change otherwise it will be not possible to make the banks disappear.
But the bad thing is that it is not everywhere acceptable and that must change otherwise it will be not possible to make the banks disappear.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Most probably bank leaders are the master player and have their own strategy about it to how it will work around the whole world. We bitcoins users have to get support from the bank through ATM of the local bank so to get our transaction from bitcoins.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
Yes absolutely right banks will not disappear because bitcoin. Banks are financial institutions that must exist in the country and is needed by the country itself. So I do not think banks will probably disappear.
bank dissappear ? I guess it was not possible because the bank is an important part of the world
It's highly unlikely that bitcoin can cause banks to disappear altogether. What I imagine is that banks would come up with their own crypto currency or invest in bitcoins themselves. The problem with that though is that there will be regulations and there might be too many people dipping their hands into something that, in the first place, should have a life of its own.
No banks are too strong and also have too much power to let them disappear, I honestly think this will never happen.
Its just not possible, the banks will never let the bitcoin win.
Governments and banks will indeed never let Bitcoin come too close as that can harm their economy and way of doing business. It will never happen.Its just not possible, the banks will never let the bitcoin win.
I prefer to just focus on what's important, and that's seeing the adoption of Bitcoin grow and that more average joe people will start with using Bitcoin. That's much more of importance to me.
So we actually cant talk about it now, because Bitcoin is not that popular.
It can only make it disappear if Bitcoin is really popular and that is not the case now because many people are still using their banks and that is the problem.
So we actually cant talk about it now, because Bitcoin is not that popular.
Just popular?? What is the best scientific and most electrifying explanation that just bitcoin will become more popular it can make banks dissappear?
How about if Earl Boykins will become most popular compare Steph Curry? Do you think most people will move to Earl Boykins?
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