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Topic: Can Bitcoin make Banks disappear? - page 301. (Read 427641 times)

full member
Activity: 182
Merit: 100
Pollak
March 16, 2016, 04:43:41 AM
That will be only possible about 100 years. Because on this time people need to have their normal banks and that is really important for them.
I hope that more people will of course use Bitcoin. And you can also see now that the normal banks are reducing.
newbie
Activity: 14
Merit: 0
March 16, 2016, 12:15:56 AM
I don't think so. Bitcoin has a lot more to over come and one day it will be known and possibly be a worldwide currency but I doubt banks will disappear. I think it will still be dependent at some point with the bank.
sr. member
Activity: 714
Merit: 250
March 15, 2016, 08:39:34 PM
It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.


keep calm mate. bitcoin will surely be popular just about the time. time will answer that bitcoin users is growing rapidly. you will see it Cheesy

Yes absolutely right bitcoin will surely be popular someday.
But it will not make banks disappear.
hero member
Activity: 490
Merit: 500
March 15, 2016, 11:36:27 AM
Bitcoin has the potential to change the shape of the economical world but the current system won't change easily and won't be a fast or instant process but a gradual slow process IMO.
lol I highly doubt it will be that how small currencies like bitcoin the user only has about 2 million people. make changes in the world economy. lol
it's like impossible quite interesting to see the development of bitcoin. I will continue to monitor


legendary
Activity: 1232
Merit: 1017
March 15, 2016, 08:19:44 AM
I hope that bitcoins goes mainstream.
It can take over banks, but how we can buy houses, loaning btc?
I don't know if everyone knows how to use btc, so that might be a problem aswell.
hero member
Activity: 518
Merit: 500
March 15, 2016, 08:17:54 AM
It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.


keep calm mate. bitcoin will surely be popular just about the time. time will answer that bitcoin users is growing rapidly. you will see it Cheesy
full member
Activity: 140
Merit: 100
March 15, 2016, 07:52:53 AM
Bitcoin is here to stay, it's the development and the future of currency, it's very reasonable that it will make banks disappear and change how the economical system looks like, it can change it but not now but overtime.
newbie
Activity: 54
Merit: 0
March 15, 2016, 05:46:14 AM
Bitcoin has the potential to change the shape of the economical world but the current system won't change easily and won't be a fast or instant process but a gradual slow process IMO.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
March 14, 2016, 03:09:33 PM
It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.

no way, if you think that bitcoin will disappear before banks why you are here then? you should think that banks have no future

my honest opinion is that after a few decades everything will be possible and the only currency we will have might be bitcoins
sr. member
Activity: 378
Merit: 251
March 14, 2016, 02:48:27 PM
It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.
sr. member
Activity: 308
Merit: 250
March 14, 2016, 02:08:58 PM
Can Bitcoin make Banks disappear? This is not important. Why not? Because the studs in the wall have disappeared, being covered by sheet rock or paneling.

Make the banks be really gone.

Cool

bitcoin has a possible to hack and bitcoin value is not stable 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.

Sure bitcoin is powerful and already go ta great community but beating/competing with banks? Not yet.
There need to be made a lot of steps will this happen. Banks are very very powerfull financially and politically.
hero member
Activity: 2688
Merit: 588
March 14, 2016, 01:53:38 PM
Can Bitcoin make Banks disappear? This is not important. Why not? Because the studs in the wall have disappeared, being covered by sheet rock or paneling.

Make the banks be really gone.

Cool

bitcoin has a possible to hack and bitcoin value is not stable 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.
The two reasons you are mentioning also applicable for banks.
a. In my country many banks gone bankruptcy for many reasons.
b. Many bank deposit gone useless by leaving without nomination or not informing to family.
sr. member
Activity: 420
Merit: 250
March 14, 2016, 01:53:34 PM
I do not think this will happen because the banks are just too big to do this, it would be awesome but its not possible.
Also the fact that too many people are depended on it for sure.
sr. member
Activity: 252
Merit: 250
March 14, 2016, 01:45:46 PM
Well forget password only if you got sick and cant tell no one wich are your passwords before you forget it,besides those you can record all the passwords accounts in a book soo if something happens to you ,your family can act and the bitcoin or altcoins wont be lost forever.Sure bitcoins wont make bitcoin disappear ,they got the people support even with the high fees and rules around your money.
hero member
Activity: 644
Merit: 500
March 14, 2016, 12:58:55 PM
Can Bitcoin make Banks disappear? This is not important. Why not? Because the studs in the wall have disappeared, being covered by sheet rock or paneling.

Make the banks be really gone.

Cool

bitcoin has a possible to hack and bitcoin value is not stable 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.
newbie
Activity: 19
Merit: 0
March 14, 2016, 12:42:58 PM
While we have 100% representative democracy instead of e-democarcy, I think bitcoin is not safe from the bank lobby.
legendary
Activity: 3990
Merit: 1385
March 14, 2016, 11:52:22 AM
Can Bitcoin make Banks disappear? This is not important. Why not? Because the studs in the wall have disappeared, being covered by sheet rock or paneling.

Make the banks be really gone.

Cool
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
March 14, 2016, 11:41:54 AM
Bitcoin isn't going to make banks disappear. It's just meant to be an alternative payment/cash system. People will always need banks even if it's for just loans or whatnot. I suppose they could issue loans in bitcoin but banks will want to keep hold of the currency they can create/print/issue on their own will so in that respect bitcoin isn't preferable to them.

The central banks want to create or print the money. For the commencial banks, there is no difference between fiat and bitcoin.
full member
Activity: 224
Merit: 100
March 14, 2016, 11:40:56 AM
yeah after a few decades it surely can make the banks go extinct if there will be mass adoption and if people will start learning that bitcoin is the best currency in the world

i hope this will soon happen as we need to take down banks because of huge fees and the disallowance of using money at any time you want

I don't think so mate, at least in our nearest future. People worldwide use banking services and there is a minority till now use bitcoin and know some things about this crypto currency.

As suggested by above mate, its not true to make bank disappear. Banking services will continue for a long, because banking system is the best accepted economic system in the world.
I dont think that will happen in the future. Many people need their banks and that is really important for them.
Of course Bitcoin will be more popular in the future. But it can make disappear the banks. It will only reduce I think.
member
Activity: 60
Merit: 10
March 14, 2016, 10:40:58 AM
Bitcoin isn't going to make banks disappear. It's just meant to be an alternative payment/cash system. People will always need banks even if it's for just loans or whatnot. I suppose they could issue loans in bitcoin but banks will want to keep hold of the currency they can create/print/issue on their own will so in that respect bitcoin isn't preferable to them.
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