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Topic: Can Bitcoin make Banks disappear? - page 322. (Read 427643 times)

newbie
Activity: 1
Merit: 0
February 17, 2016, 01:32:10 AM
Yeah. everyone still using bank. Roll Eyes
member
Activity: 98
Merit: 10
February 17, 2016, 01:08:06 AM
banks will never disappear, they may change and adapt to new things, but they will never be gone
newbie
Activity: 21
Merit: 0
February 16, 2016, 06:00:40 PM
I think bank will develop bitcoin services. For example some european banks nominated a "Head of blockchain and virtual currencies"!
legendary
Activity: 812
Merit: 1000
February 16, 2016, 03:58:27 PM
I think that can not happen. Many people must use their banks. And I think older people dont even know what Bitcoins are.
Maybe in the future there is a chance that can happen. But we dont know what can happen later in the future.
Yeah. everyone still using bank. perhaps for at the moment. there is no chance for bitcoin to take over fiat
You're right, moreover bitcoin is still not well known throughout the ears of society. it would be something fishy if bitcoin suddenly replace the function of the bank, it probably will not happen

Bitcoin seems to be the thing half of the mainstream have heard of but dot understand it. The next time a bubble comes all these people will freak out saying they've heard about it and wish they got in sooner.
legendary
Activity: 3234
Merit: 1214
Casinopunkz - Anonymous Crypto Casino
February 16, 2016, 03:49:07 PM
Making banks get disappeared is not simple. From the observation I understood the banks might increase their technological development, else banks which adapt bitcoin technology would come into existence.
full member
Activity: 133
Merit: 100
February 16, 2016, 03:35:26 PM
no i dont think that bitcoin will ever make banks disappear because banks are very strong and most probably bitcoin will not beat it
legendary
Activity: 1652
Merit: 1057
February 16, 2016, 03:29:19 PM
yeah it can make the bank system disappear, but we will have to wait for a few years i think, time can help to do everything

Yes, due to better security, now a days itself people do not prefer to hold and use hard cash. We all prefer plastic cards(ATM cards). Now itself bitcoin can be used to refill these cards. I guess already bitcoin has started to dominating banking system.
hero member
Activity: 770
Merit: 500
February 16, 2016, 02:13:31 PM
yeah it can make the bank system disappear, but we will have to wait for a few years i think, time can help to do everything
full member
Activity: 126
Merit: 100
February 16, 2016, 01:31:18 PM
banks are the worst nightmare and bitcoin is a life saver but still i don't think bitcoin can make banks disappear i think bitcoin still needs some time to make a place in everyone's mind. people's blindly trust on banks but don't trust blindly on bitcoin...
legendary
Activity: 1540
Merit: 1029
February 16, 2016, 01:23:59 PM
If it was fully adopted and used by all. It could replace many of the banking functions that they currently fulfill. I highly doubt however that it will fully replace it. Perhaps we could have Bitcoin banks, that act in the traditional sense that banks do now.

Remember, the banking elite have an incredible amount of power and will fight this tooth and nail.
hero member
Activity: 2198
Merit: 503
Popkitty.io - Blockchain Social Media
February 16, 2016, 12:47:59 PM
I think that can not happen. Many people must use their banks. And I think older people dont even know what Bitcoins are.
Maybe in the future there is a chance that can happen. But we dont know what can happen later in the future.
Yeah. everyone still using bank. perhaps for at the moment. there is no chance for bitcoin to take over fiat
You're right, moreover bitcoin is still not well known throughout the ears of society. it would be something fishy if bitcoin suddenly replace the function of the bank, it probably will not happen
legendary
Activity: 1554
Merit: 1054
February 16, 2016, 12:18:30 PM
That's impossible, because the petro dollar and the big USA industry complex are too big.
if we compare it with the bank market in the USA. The world is still a lot of banks that do not have the strength of large, many small countries that need to be taken into account.
That is the reason bitcoin would be more successful in many countries where people still do not have access to traditional bank. When people will have all the features of banking with bitcoin ecosystem then there is no need of fiat currencies and banks. I believe strongly bitcoin replace bank.
It is highly possible that bitcoin is getting into mainstream adoption for all type of payments like both physically and online usage. At the time we do not need to convert bitcoin into fiat as all the services and  products will be available for bitcoin directly. So, there is no need of converting bitcoins into fiat. Then, there is no need of banking system.
legendary
Activity: 1568
Merit: 1000
February 16, 2016, 12:11:12 PM
I don't think it is the people that prefer banks, but companies and governments sure need them, so as long as they exist it's fairly safe to predict there will be banks. Now I'm sure they will start to transform into something different, hell if you have some years or have relatives or friends that worked in the industry you know how different it is to work in a bank now than 25-30 years ago.
sr. member
Activity: 420
Merit: 250
February 16, 2016, 09:23:12 AM
I think that can not happen. Many people must use their banks. And I think older people dont even know what Bitcoins are.
Maybe in the future there is a chance that can happen. But we dont know what can happen later in the future.
Yeah. everyone still using bank. perhaps for at the moment. there is no chance for bitcoin to take over fiat
hero member
Activity: 616
Merit: 500
February 16, 2016, 09:19:19 AM
I think that can not happen. Many people must use their banks. And I think older people dont even know what Bitcoins are.
Maybe in the future there is a chance that can happen. But we dont know what can happen later in the future.
full member
Activity: 195
Merit: 104
February 16, 2016, 06:39:47 AM
That's impossible, because the petro dollar and the big USA industry complex are too big.

The petro dollar will become petro Euro or petro RMB. The US industry will be surpassed by the Chinese ones.
legendary
Activity: 1176
Merit: 1016
February 16, 2016, 02:46:23 AM
That's impossible, because the petro dollar and the big USA industry complex are too big.
if we compare it with the bank market in the USA. The world is still a lot of banks that do not have the strength of large, many small countries that need to be taken into account.
That is the reason bitcoin would be more successful in many countries where people still do not have access to traditional bank. When people will have all the features of banking with bitcoin ecosystem then there is no need of fiat currencies and banks. I believe strongly bitcoin replace bank.
hero member
Activity: 644
Merit: 500
February 16, 2016, 02:33:26 AM
Guys, Bitcoin *already* made some banks disappear: Bitcoin Savings & Trust; Neo & Bee...
LOL nope. I think bitcoin cannot be made bank dissapear, you can still see in the world today, everyone is still using a bank, even we are still using the bank's day- to-day bro

If still using also In future bank should acquire bitcoin and they should establish as one way of deposit money. Else Bank will go under crises only. So stop your laugh. think about it.
Even you can many account inside the Btctalk also with bank names, These are initiation on growth of bitcoin in banking.
legendary
Activity: 1526
Merit: 1001
February 16, 2016, 01:54:50 AM
That's impossible, because the petro dollar and the big USA industry complex are too big.
if we compare it with the bank market in the USA. The world is still a lot of banks that do not have the strength of large, many small countries that need to be taken into account.
hero member
Activity: 658
Merit: 500
February 15, 2016, 11:40:14 PM
Guys, Bitcoin *already* made some banks disappear: Bitcoin Savings & Trust; Neo & Bee...
LOL nope. I think bitcoin cannot be made bank dissapear, you can still see in the world today, everyone is still using a bank, even we are still using the bank's day- to-day bro
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