Topic: Can Bitcoin make Banks disappear? - page 285. (Read 427614 times)

Quote from: delliaerd on April 07, 2016, 04:26:09 AM

Quote from: angryrob on April 07, 2016, 10:42:41 AM

I think bitcoin can go along together with banks. I mean, maybe someday banks will accepting bitcoin for payment like fiat. And i don't think bitcoin make banks dissapear. Bank is important for every country.

I think bank is more important for the government, since they can rule fiat through bank. Actually bitcoin doesn't need bank, but most people still need bank to get fiat after it get converted from bitcoin. So for now, bank won't disappear because of bitcoin. In future, who knows.

I ninety nine percent agree with you, bitcoin still less the user than banks which every country there and so many people save their money in bank.
One percent again only the future that can answer what would happen between bank and bitcoin

Banks won't disappear by bitcoin because no one from the previous generation used bitcoin. They all used banks and depend upon banks for savings and transactions. Again they won't change to bitcoin. This generation use bitcoin but all are not aware. So it is a tough task.

Yeah, banks have a special ability to adapt for centuries, thats make banks always get positive trust by people time by time. So like you said, bitcoin can't do anything to make banks be disappeared. Even I once heard banks now trying to take and develop blockchain technology for their own product, so lets see what banks will do.

The positive trust of banks is only because they are old and have made trust in the people. Also people has no choice as there is no digital currency at the time when banks were there. so there was no competition.

Yes and even I don't think that banks has competition from bitcoin at a moment too, as banks are still most strongest financial institutions we have and it will be the same in future too.

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Quote from: Imoote on April 07, 2016, 09:41:11 AM

Quote from: delliaerd on April 07, 2016, 04:26:09 AM

Quote from: Imoote on April 07, 2016, 09:41:11 AM

I think bitcoin can go along together with banks. I mean, maybe someday banks will accepting bitcoin for payment like fiat. And i don't think bitcoin make banks dissapear. Bank is important for every country.

I think bank is more important for the government, since they can rule fiat through bank. Actually bitcoin doesn't need bank, but most people still need bank to get fiat after it get converted from bitcoin. So for now, bank won't disappear because of bitcoin. In future, who knows.

I ninety nine percent agree with you, bitcoin still less the user than banks which every country there and so many people save their money in bank.
One percent again only the future that can answer what would happen between bank and bitcoin

Banks won't disappear by bitcoin because no one from the previous generation used bitcoin. They all used banks and depend upon banks for savings and transactions. Again they won't change to bitcoin. This generation use bitcoin but all are not aware. So it is a tough task.

Yes absolutely right bitcoin will not affect the rate of banks let alone to make the banks disappear, it is highly unlikely because it is very difficult to happen. Banks desperately needed in this world and I'm sure the people in bitcoin uses banks to change the coins they got into the currency.

Bitcoin can never disappear the bank because many country are not accepting it and there are many things illegal but all country are accepting bank, and banks are day by day going popular and bank need all country need bank.

Not sure where you live but here where I live banks definitely not see their popularity increase.

Last 2 years here people have been saving up more cash money in their homes than in the last 10-20 years, and all this because the average person starts losing faith in the current banking system.

This offers great opportunities for Bitcoin to show how it can help people to store their money outside the banking system.

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Quote from: delliaerd on April 07, 2016, 04:26:09 AM

I think bitcoin can go along together with banks. I mean, maybe someday banks will accepting bitcoin for payment like fiat. And i don't think bitcoin make banks dissapear. Bank is important for every country.

I think bank is more important for the government, since they can rule fiat through bank. Actually bitcoin doesn't need bank, but most people still need bank to get fiat after it get converted from bitcoin. So for now, bank won't disappear because of bitcoin. In future, who knows.

I ninety nine percent agree with you, bitcoin still less the user than banks which every country there and so many people save their money in bank.
One percent again only the future that can answer what would happen between bank and bitcoin

Banks won't disappear by bitcoin because no one from the previous generation used bitcoin. They all used banks and depend upon banks for savings and transactions. Again they won't change to bitcoin. This generation use bitcoin but all are not aware. So it is a tough task.

Yes absolutely right bitcoin will not affect the rate of banks let alone to make the banks disappear, it is highly unlikely because it is very difficult to happen. Banks desperately needed in this world and I'm sure the people in bitcoin uses banks to change the coins they got into the currency.

Bitcoin can never disappear the bank because many country are not accepting it and there are many things illegal but all country are accepting bank, and banks are day by day going popular and bank need all country need bank.

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Quote from: delliaerd on April 07, 2016, 04:26:09 AM

I think bitcoin can go along together with banks. I mean, maybe someday banks will accepting bitcoin for payment like fiat. And i don't think bitcoin make banks dissapear. Bank is important for every country.

I think bank is more important for the government, since they can rule fiat through bank. Actually bitcoin doesn't need bank, but most people still need bank to get fiat after it get converted from bitcoin. So for now, bank won't disappear because of bitcoin. In future, who knows.

I ninety nine percent agree with you, bitcoin still less the user than banks which every country there and so many people save their money in bank.
One percent again only the future that can answer what would happen between bank and bitcoin

Banks won't disappear by bitcoin because no one from the previous generation used bitcoin. They all used banks and depend upon banks for savings and transactions. Again they won't change to bitcoin. This generation use bitcoin but all are not aware. So it is a tough task.

Yeah, banks have a special ability to adapt for centuries, thats make banks always get positive trust by people time by time. So like you said, bitcoin can't do anything to make banks be disappeared. Even I once heard banks now trying to take and develop blockchain technology for their own product, so lets see what banks will do.

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Quote from: delliaerd on April 07, 2016, 04:26:09 AM