Topic: Can Bitcoin make Banks disappear? - page 338. (Read 427643 times)
It is heard for the bitcoin to make the banks to disappear. What i do think the bitcoin will do is giving the bans the stiff competition and to me that is a healthy thing and even benefits the customers. Banks have been there for a while with experience.
no, high percentage of sheeple around.
Banks are too powerful, they control and money related services. Bitcoin can take over a lot of their services, but not all.
I am confident bitcoin will.
I am confident bitcoin will.
i dont think bitcoin can make bank disappear,
i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction
i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction
Not, bank will not disappear, well actually bitcoin haven't a power to do that, although the system against the bank system.
And if you back to basic, bitcoin created as alternative currency, and the value is depends on fiat, BTC/USD. The pair always be like that.
And if you back to basic, bitcoin created as alternative currency, and the value is depends on fiat, BTC/USD. The pair always be like that.
No. It can however make banks adopt the Blockchain as technology to give us a better and much faster banking experience. I think at some point in the future we will be given instant transactions within a certain country, and perhaps worldwide. That's the power of the Blockchain.
No.
There are more people using banks than bitcoin right now.
This won't change over night. Some people are used to what they are using right now.
They won't just adapt in a flash.
There are more people using banks than bitcoin right now.
This won't change over night. Some people are used to what they are using right now.
They won't just adapt in a flash.
Yeah lets say for me in my family they use banks I don't think they will just like to see bitcoin growing and bank disappearing.
I think the bank will just convert the money of the people to bitcoin, but they are to much people that they don't use bitcoin so yeah.
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
"TheStreet: How do you think FinTech will impact the way banks operate?
Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html
What's your read on that?
It may cross cut the Bank’s share market value in Finance and world share market. But I don’t think so It will replace the bank completely. When its start to adapt by Big MNCs then bank investment and loan and other works will fails in banking sector. Lets hope and see what will happen future
No.
There are more people using banks than bitcoin right now.
This won't change over night. Some people are used to what they are using right now.
They won't just adapt in a flash.
There are more people using banks than bitcoin right now.
This won't change over night. Some people are used to what they are using right now.
They won't just adapt in a flash.
well considering that our world is ruled right now by the bankers , let s hope it is not the bank who will make bitcoin disappear lol
I think there are two factors here. The banking/debt crisis, and the emergence of crypto-currencies. It won't be Bitcoin that will destroy the banks, it will be the politicians who are taking bribes to allow rubbish derivatives to be created, and then allowing bail-ins for the banks to cover their fraudulent lending, who will cause the demise and re-structuring of banking. Bitcoin will just be one of the emerging solutions/replacements.
Not sure what I'm talking about? Look at the recent permission to allow fracking in the UK, and the bail-in of Cyprus and the Greek banking theft to help DoucheBank.
Not sure what I'm talking about? Look at the recent permission to allow fracking in the UK, and the bail-in of Cyprus and the Greek banking theft to help DoucheBank.
Banks will not dissappear. We will still need banks as not everyone will use Bitcoin. We are already seeing banks for Bitcoin. If anything banks as we know them may have to move with the times and start bitcoin accounts. At the end of the day banks make money of our money they will want to try making money from bitcoin too.
Banks aren't going anywhere, not anytime soon anyway. Even in the unlikeliest event of Bitcoin becoming the world's international currency banks will still be there to provide loans and gain interest in btc. I'd say fiat will be around well after Bitcoin is gone though.
Nah that is not true I think bitcoin will just be difficult to replace it to fiat money. If ever bitcoin will replace the fiat money I think the bank will go to the bitcoin world and I well bet that they will offer a lot of things. Like maybe more ATM for bitcoin or other stuff.
Certainly no. Because there is much more user that use Bank than the Bitcoin.
If everyone do not use the bank, then, yes, it is possible. Other than that, it is impossible to make the bank "vanished".
Unless, you are more powerful than the governments in every country.
If everyone do not use the bank, then, yes, it is possible. Other than that, it is impossible to make the bank "vanished".
Unless, you are more powerful than the governments in every country.
no, because there will always be those scared average joe, that will rely on the bank, no matter what new tech you have, you need plenty of new generation to remove those people
it's the same as right now there are still people that refuse to use credit card or new services...
it's the same as right now there are still people that refuse to use credit card or new services...
I don't think banks will ever go away or dissapear.
They can evolve and make it to where you don't need physical money
But it will still be the same, you will still need a bank account
They can evolve and make it to where you don't need physical money
But it will still be the same, you will still need a bank account
I don't think banks will dispear, by the fact that not every body who banks knows about bitcoins
its impossible, because bitcoin cannot fully change money and as money will exist banks will exists too
I think banks will not disappear.
They can change or can work with bitcoins.
but they will never disappear as fiat will never disappear too.
If fiat comes to the point that has no use already,
then thats the only time that banks can disappear.
But as i have said, its impossible.
They can change or can work with bitcoins.
but they will never disappear as fiat will never disappear too.
If fiat comes to the point that has no use already,
then thats the only time that banks can disappear.
But as i have said, its impossible.
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