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Topic: Can Bitcoin make Banks disappear? - page 299. (Read 427641 times)

hero member
Activity: 966
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March 18, 2016, 11:22:23 AM
Not at all with this a number of large business will face delays and confusions, banks not have only the work to store money for people but it is working for a number of public and private business to assist them in their financial affairs. So both have their own fields.
newbie
Activity: 56
Merit: 0
March 18, 2016, 11:20:22 AM
Bitcoin won't make banks disappear but over the coming years we can see banks that adopt the technology of bitcoin for their growth as well to get increased users. bitcoin can transform the global payments
hero member
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March 18, 2016, 10:47:22 AM
That is possible. But that will maybe happen in the future. And that will take a long time, because banks are important for the most people.
So it will be difficult to let that happen. And not that many people know how Bitcoin works so it will take time.
i doubt that it will be really difficult when people will start understanding that bitcoin is vital currency to have because of low fees

the replacement of banks will happen in something like 15 years in my opinion, as technologies are developing at a very rapid pace nowadays
hero member
Activity: 658
Merit: 500
March 18, 2016, 10:38:28 AM
Yes I think it is possible in the future. Because you can see now that less people now using their banks. And of course it is really important for them
But the world is becoming now more digital and that will also be very good for Bitcoin. But it takes time.

Nope I don't think so, Banks are still the base of the current economical system and people would still need USD ability to exchange bitcoin to it and use it in local transactions.
yeah banks will always be required for, all the more people use fiat money so banks are more widely used. what if the world has changed bitcoin become mainstream and all the people using bitcoin?
what will happen to the banks?
full member
Activity: 168
Merit: 100
March 18, 2016, 10:26:25 AM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
lol I think the banks do not like such a whore they are not looking for customers. customers come alone for bank because they need the bank. they benefit by saving in bank.

Banks will always survive in long run as people have more faith in banks and they will use banks more in compare to bitcoins, banks are the most strongest institutions that we have.
Of course not. There are so many people that use bank and they dont even know what Bitcoin is.
Especially the older generation. So that will be a very huge problem if it is going to disappear.

Maybe little by little the people will realize what bitcoin is then they will change to bitcoin use on their daily basis and even store their wealth.
sr. member
Activity: 350
Merit: 250
March 18, 2016, 10:23:13 AM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
lol I think the banks do not like such a whore they are not looking for customers. customers come alone for bank because they need the bank. they benefit by saving in bank.

Banks will always survive in long run as people have more faith in banks and they will use banks more in compare to bitcoins, banks are the most strongest institutions that we have.
Of course not. There are so many people that use bank and they dont even know what Bitcoin is.
Especially the older generation. So that will be a very huge problem if it is going to disappear.
hero member
Activity: 714
Merit: 500
March 18, 2016, 10:05:34 AM
That is possible. But that will maybe happen in the future. And that will take a long time, because banks are important for the most people.
So it will be difficult to let that happen. And not that many people know how Bitcoin works so it will take time.
hero member
Activity: 868
Merit: 1000
March 18, 2016, 06:20:19 AM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
lol I think the banks do not like such a whore they are not looking for customers. customers come alone for bank because they need the bank. they benefit by saving in bank.

Banks will always survive in long run as people have more faith in banks and they will use banks more in compare to bitcoins, banks are the most strongest institutions that we have.
sr. member
Activity: 420
Merit: 250
March 18, 2016, 06:07:46 AM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
lol I think the banks do not like such a whore they are not looking for customers. customers come alone for bank because they need the bank. they benefit by saving in bank.
hero member
Activity: 644
Merit: 500
March 18, 2016, 06:05:36 AM
Yes I think it is possible in the future. Because you can see now that less people now using their banks. And of course it is really important for them
But the world is becoming now more digital and that will also be very good for Bitcoin. But it takes time.

Nope I don't think so, Banks are still the base of the current economical system and people would still need USD ability to exchange bitcoin to it and use it in local transactions.
sr. member
Activity: 364
Merit: 250
March 18, 2016, 05:29:19 AM
Yes I think it is possible in the future. Because you can see now that less people now using their banks. And of course it is really important for them
But the world is becoming now more digital and that will also be very good for Bitcoin. But it takes time.
full member
Activity: 182
Merit: 100
March 18, 2016, 05:02:00 AM
It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them.
We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.

bitcoin will be used more in future for sure but banks will also be more popular with innovative services that will attract more customers continue with banks.


I think banks will upgrade their system to use blockchain to make faster and better services,if this will be put then many will still be using banks.
hero member
Activity: 924
Merit: 1000
March 18, 2016, 04:54:39 AM
It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them.
We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.

bitcoin will be used more in future for sure but banks will also be more popular with innovative services that will attract more customers continue with banks.
full member
Activity: 182
Merit: 100
Pollak
March 18, 2016, 04:39:05 AM
It can not make it disappear but it can only reduce. Because many people need their banks and that is very important for them.
We all know that it will be more worth later in the future but we never know when it will happen and it will be also more used and that is quite good.
sr. member
Activity: 714
Merit: 250
March 18, 2016, 01:56:03 AM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.

That is true, banks have been tested by time already..they survive, so even if we say that bitcoin is getting strong, it can't make the banks fall that easy and fast..
Yes absolutely right bitcoin will not be able to make banks disappear because it is very difficult once and maybe my opinion is almost impossible. Besides banks and bitcoin are very different and there is no connection at the same though could save a fortune.
hero member
Activity: 798
Merit: 500
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March 17, 2016, 11:42:45 PM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.

That is true, banks have been tested by time already..they survive, so even if we say that bitcoin is getting strong, it can't make the banks fall that easy and fast..
hero member
Activity: 994
Merit: 502
March 17, 2016, 11:04:23 PM
not sure... but some banks are ready to adopt new payment innovations and considers the adoption of blockchain technology...
member
Activity: 84
Merit: 10
March 17, 2016, 09:39:19 PM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
March 17, 2016, 09:22:25 PM
You never know of course what will happen later with the banks. But it wont disappear because a lot of people need it.
And of course we all know that Bitcoin is more used and that is also very good for the future.

Fiat is widely used all over the world.. the chance of bitcoin to make bank disappear is too small...Bitcoin might really be a nice currency and banks might really make a copy of its technology, specially the bitcoin wallets idea..
member
Activity: 61
Merit: 10
March 17, 2016, 12:17:50 PM
For me I don't think so because bank still safe than bitcoin because bitcoin has a possible to hack and bitcoin value is not stable due to it's volatility so its impossible that the banks will be disappear because of bitcoin... do you think guys if you forgot the password or you accidentally deleted your password in your laptop you can recover your account for me no so banks and atm's is always safe than bitcoin..
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