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Topic: Can Bitcoin make Banks disappear? - page 296. (Read 427616 times)

member
Activity: 112
Merit: 10
March 22, 2016, 06:36:27 AM
I think bitcoin cant make bank disappear,bank will just evolve into something new and will fight bitcoin if they see it as a threat so far banks doesnt see that way and didnt take any action.
legendary
Activity: 924
Merit: 1002
March 22, 2016, 06:04:43 AM
Banks in the terms of old solid building holding money for people are gone now. They are changing and they need to change adopting new technology. Business and people demand is a drive for that. If there will be demnad for Bitcoin then Bank will change to it or disappear.
sr. member
Activity: 266
Merit: 250
March 22, 2016, 05:59:51 AM
I think it will not happen that bitcoin can make disappear any banks.. because they are a perfect couple if you combine this 2 banks and bitcoin you can exchange your bitcoin easily in any banks.. if there's no banks bitcoin is nothing and its just a digital currency online you cant withdraw it into money or fiat.. so it will not happen..
legendary
Activity: 1176
Merit: 1016
March 22, 2016, 05:47:44 AM
The banks themselves are cutting your money with passing time for transactions fees and other taxes, but with bitcoin there is a security that you will secure your hard earned money from that type of fees etc. We need to make banks disappear to protect our wealth.
sr. member
Activity: 350
Merit: 250
March 22, 2016, 03:36:20 AM
Crypto world currencies is one step ahead to the future,but making banks disappear wont happen,as actula system is full based on them,and they have a lot advantages against bitcoin,the same way bitcoin has some.The people wont change their minds in a day or year,bitcoin is see for the most and investment and nothing else,as they trade it daily,getting a good return soo thats why they are at bitcoin.
I agree with you, I think making banks disappear is just too big of a move for bitcoin, I think it would gain more popularity and mainstream adoption but making banks disappear is just too much.
Banks are very important for a lot of people, because they dont even know how to use Bitcoin or what Bitcoin is and that is the problem.
I hope that there will be more people of course will use Bitcoin but it cant disappear the banks and that will also not happen.
hero member
Activity: 672
Merit: 500
March 22, 2016, 03:03:42 AM
Bitcoin will dominates online payment transaction. Online means you can't access it without an internet of course. So definitely it's digital.

Banks are most used for real life payment purposes. Banks can reached even the center of the forest with no signal at all. If you got the point here then good.

Bitcoin can't make banks dissapear even you are 100% bitcoin believer.

Bitcoin can't make the banks disappear but in my opinion bitcoin and bank can work together and obviously we can get more advantage of them.
sr. member
Activity: 714
Merit: 250
March 21, 2016, 08:19:05 PM
absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin  to replace banks.

in actual its true but actually why would we want bitcoins to disappear banks ? Both can run because none of them influence the other in any manner.

important part of world economy is no longer enough to compete with digital world. That is the point where the problem for banks starts.
But banks can now also be accessed online, and I think almost the same as digital. Banks I am sure will have plenty of ways to stay afloat and I'm sure it would get help from the government. That's why banks are very difficult to disappear.
member
Activity: 70
Merit: 10
March 21, 2016, 10:00:14 AM
absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin  to replace banks.

in actual its true but actually why would we want bitcoins to disappear banks ? Both can run because none of them influence the other in any manner.

important part of world economy is no longer enough to compete with digital world. That is the point where the problem for banks starts.
newbie
Activity: 42
Merit: 0
March 21, 2016, 09:58:25 AM
absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin  to replace banks.

in actual its true but actually why would we want bitcoins to disappear banks ? Both can run because none of them influence the other in any manner.
legendary
Activity: 3122
Merit: 1398
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March 21, 2016, 09:55:59 AM
Bitcoin will dominates online payment transaction. Online means you can't access it without an internet of course. So definitely it's digital.

Banks are most used for real life payment purposes. Banks can reached even the center of the forest with no signal at all. If you got the point here then good.

Bitcoin can't make banks dissapear even you are 100% bitcoin believer.
full member
Activity: 210
Merit: 100
March 21, 2016, 09:50:46 AM
absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin  to replace banks.
hero member
Activity: 1120
Merit: 507
March 21, 2016, 09:46:55 AM
Crypto world currencies is one step ahead to the future,but making banks disappear wont happen,as actula system is full based on them,and they have a lot advantages against bitcoin,the same way bitcoin has some.The people wont change their minds in a day or year,bitcoin is see for the most and investment and nothing else,as they trade it daily,getting a good return soo thats why they are at bitcoin.
I agree with you, I think making banks disappear is just too big of a move for bitcoin, I think it would gain more popularity and mainstream adoption but making banks disappear is just too much.
hero member
Activity: 2310
Merit: 532
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March 21, 2016, 09:33:05 AM
Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.

I don't think that Bitcoin can make Banks disappear at least in the near future
But i think more people will leave banking services as Bitcoin's growing up daily 

Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist.

Banks will always show their presence in real world in future as majority of the people have more faith in banks and they will not switch to bitcoin that easily.

Banking is the most accepted financing service which has made most of the people manage their economy in a better way. So as the above quote it wont vanish away.
sr. member
Activity: 476
Merit: 250
March 21, 2016, 09:22:35 AM
Crypto world currencies is one step ahead to the future,but making banks disappear wont happen,as actual system is full based on them,and they have a lot advantages against bitcoin,the same way bitcoin has some.The people wont change their minds in a day or year,bitcoin is see for the most and investment and nothing else,as they trade it daily,getting a good return soo thats why they are at bitcoin.
hero member
Activity: 672
Merit: 500
March 20, 2016, 05:30:26 PM
I don't think that Bitcoin can make banks disappear, because people are used from long time to pay with Banking services
hero member
Activity: 742
Merit: 500
March 20, 2016, 04:45:59 PM
yes,Banks will change or go under but they won't go away

That's in fact the truth. I believe that banks will most likely going down if Bitcoin conquer the world as predicted, but they will stay for long time working and used by people worldwide
newbie
Activity: 14
Merit: 0
March 20, 2016, 04:28:18 PM
yes,Banks will change or go under but they won't go away
hero member
Activity: 924
Merit: 1000
March 20, 2016, 04:21:14 PM
Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.

I don't think that Bitcoin can make Banks disappear at least in the near future
But i think more people will leave banking services as Bitcoin's growing up daily 

Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist.

Banks will always show their presence in real world in future as majority of the people have more faith in banks and they will not switch to bitcoin that easily.
hero member
Activity: 714
Merit: 500
March 20, 2016, 03:50:47 PM
Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.

I don't think that Bitcoin can make Banks disappear at least in the near future
But i think more people will leave banking services as Bitcoin's growing up daily 

Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist.
hero member
Activity: 1008
Merit: 510
March 20, 2016, 02:37:46 PM
I think banks are needed and will be for a very long time.  Crypto currencies have a separate use than fiat so both are needed for now.  Plus crypto currencies are still in the developmental stages.
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