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Topic: Can Bitcoin make Banks disappear? - page 281. (Read 427614 times)

full member
Activity: 224
Merit: 100
April 19, 2016, 04:02:53 AM
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.
full member
Activity: 168
Merit: 100
April 19, 2016, 03:50:17 AM
It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.

I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph.

I think this could be possible but banks will never disappear because they simply have too much power.
Most likely banks are also gonna start a coin by themselves and make something like the blockchain...

Yes banks have much power than can even make a country have a financial crisis.
Banks and governments have the some ideology to control the people money against them.
hero member
Activity: 770
Merit: 500
Forza Roma
April 19, 2016, 03:19:59 AM
It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.

I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph.

I think this could be possible but banks will never disappear because they simply have too much power.
Most likely banks are also gonna start a coin by themselves and make something like the blockchain...
sr. member
Activity: 350
Merit: 250
April 19, 2016, 02:52:34 AM
It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.

I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph.
Bitcoin will not make the banks disappear because as you can see you see that there are a lot of people that is using their banks and that is really important for them.
But I hope that there will be more people that is using Bitcoin but if there will be a lot it cant make it disappear.
sr. member
Activity: 286
Merit: 250
April 19, 2016, 02:27:56 AM
btc cant make banks disappear ..
sr. member
Activity: 280
Merit: 250
April 19, 2016, 01:59:34 AM
It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.

I think it will have its own currency and probably most transaction would be online or automated. Banks would be forced to make transactions with blockchain and coins.ph.
sr. member
Activity: 545
Merit: 254
April 19, 2016, 01:42:39 AM
It will take years but my hopes are with Bitcoin and the Blockchain to change the traditional view of the money.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
April 19, 2016, 01:40:16 AM
That's far from happening since Banks are not for deposits of fiat but also for handling Payroll of big companies, Business Loans and more. OTher Banks are also connected to insurance like pre-need, life insurance, house insurance, business as well. Bitcoin can't do all that.
newbie
Activity: 29
Merit: 0
April 19, 2016, 01:37:37 AM
No because we need Fiat. Where do we sell out BTC to?
hero member
Activity: 826
Merit: 502
April 19, 2016, 01:23:41 AM
There seems to be a large number of people would be resistant when it comes to something like Bitcoin anyways, not a lot of people think it is a good idea to use an anonymous digital currency because "illegal things" and "criminals" and the same old re-hashed information. Of course, nothing like that EVER happens with the USD...

So they want the use of bitcoin not anonymous anymore? If that happens, then bitcoin will be just another currency like dollars. It will lose it essence and the very thing that is good about it. Bitcoin wallet will then be just like Paypal accounts that has a reversible option and users will be traceable. The bitcoin community will not agree on that and maybe just ditch bitcoin if that happens.

On a side note, we can't control the people in darknet using bitcoins as most of them are untraceable.
full member
Activity: 182
Merit: 100
April 18, 2016, 11:33:07 PM
will not. I do not think bitcoin
could be like that because the bank
is very important for the world
economy

And the government has some connection to some big banks thats why they wont let banks disappear when it comes to bitcoin.
hero member
Activity: 546
Merit: 500
April 18, 2016, 11:01:20 PM
will not. I do not think bitcoin
could be like that because the bank
is very important for the world
economy
hero member
Activity: 518
Merit: 500
April 18, 2016, 10:55:25 PM
Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.
I think the government will never be able to kill bitcoin. bitcoin be on the internet and nothing could be intervened or close bitcoin.
so bitcoin still have the possibility to make the bank disappear Cheesy
legendary
Activity: 1218
Merit: 1007
April 18, 2016, 10:53:33 PM
Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.

Let's just say that the bitcoin community got really big and some crazy politician made a law against the use of BTC. I'm pretty sure bitcoin can not be affected by laws since you may remain untraceable even if you use bitcoins. Roll Eyes The whole wallet address is encrypted and you can use VPN as well just to make sure the government can not chase you.


Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..


There are some people though who are too close-minded/innocent when it comes to computer stuffs. So bitcoin can only invade the bank companies if they will create coins for 1btc, 1mbtc, 1ubtc.
There seems to be a large number of people would be resistant when it comes to something like Bitcoin anyways, not a lot of people think it is a good idea to use an anonymous digital currency because "illegal things" and "criminals" and the same old re-hashed information. Of course, nothing like that EVER happens with the USD...
hero member
Activity: 826
Merit: 502
April 18, 2016, 10:42:25 PM
Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.

Let's just say that the bitcoin community got really big and some crazy politician made a law against the use of BTC. I'm pretty sure bitcoin can not be affected by laws since you may remain untraceable even if you use bitcoins. Roll Eyes The whole wallet address is encrypted and you can use VPN as well just to make sure the government can not chase you.


Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..


There are some people though who are too close-minded/innocent when it comes to computer stuffs. So bitcoin can only invade the bank companies if they will create coins for 1btc, 1mbtc, 1ubtc.
sr. member
Activity: 406
Merit: 250
April 18, 2016, 08:22:47 PM
Banks is so powerfull and goverment supporting to banks so at my opinion bitcoin can't make banks dissappear also goverment can kill bitcoin by some laws.
sr. member
Activity: 462
Merit: 250
April 18, 2016, 03:49:32 PM
Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.

You are right and indeed they can but they do not want this because they are hating on the bitcoin, the only thing they want is the blockchain system, banks want to have the power over everything..
sr. member
Activity: 308
Merit: 250
April 18, 2016, 03:37:20 PM
Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.

I think the bitcoin will make the bank more profit. They can work based on the bitcoin blockchain and save a lot of money.
sr. member
Activity: 364
Merit: 250
April 15, 2016, 03:01:07 AM
Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
No that is indeed not possible there are a lot of people that is still using banks so that is not possible because if you make it disappear than they will have nothing.
And it is really important for them many people dont even know how Bitcoin work.
sr. member
Activity: 714
Merit: 250
April 14, 2016, 11:43:24 PM
Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another.
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