Topic: Can Bitcoin make Banks disappear? - page 41. (Read 427614 times)
I do not see that coming, not later, not soon nor in the future. Why? If there is no bank and Bitcoin will rule over, all of the people involved would be unidentified and and transactions are unverified. Fraud and scam issues will rise and will remain unresolved. There should be a balance in everything. Let bitcoin shine itself.
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?
Bitcoin wouldn't cause the banks to disappear because as you can see eventhough there are many people that is into the bitcoi or bitcoin jobs they do no't say that they will not ise banks in saving their money. I guess the most appropriate answer gere is that bitcoin and banks are helping each other when it comes to money or bitcoin.
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?
Nope. I don't think so because for me on what i observe is that bitcoin isn't a threat to bank. Bitcoin cannot make banks disappears today. Bitcoin and banks are somehow making some relationship today in our lives. Some of the bank accepts bitcoin in savings and in when you cashed oit money. Bitcoin and banks for me are tandems when it comes to money or bitcoin.
Bitcoin never make banks disappear . You know , although nowadays there are many people starting Btc, many people also don’t use Btc. So they need banks for their daily life. Let think about that if some day our world is just only take Btc as a money transaction and we all use Btc, what will happen ? I think every thing goes in refusion way. Especially, taking part in investing Btc we must have good knowledge and well-known about it . In totally , no matter how much benefits Btc brings to ours , we can’t take it as the role of banks.
i think not disappear, maybe bitcoin can change system of the bank
Not really. Bitcoin never make banks disappear. Because fiat money has existence in this this world. Bitcoin may be used more than banks but they will never disappear.
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?
I don't think banks in general will disappear. Some banks who.are not willing to accept bitcoin may have the danger of losing its business because many people now prefer online currencies. Some banks are clewrly incorporating within their business the strong emergence of crptocurrency especially bitcoin for that matter. The banks could be threatened by its existence but then they have no.choice but to embrace it or fear the loss of their business.
I don't think this will happen or at least soon because banks are very strong, but it could create competition and then more benefit in future for the customers
I guess that would be a very long process. If bitcoin will replace banks, yes we can see the advantages and benefits but how about those people in lower community?
I'm sure, so many banks are panicking at the moment. many people are attracting the money they have just to invest in bitcoin. but there are some banks that support this, perhaps because the bank has a strategy to benefit from this as well.
Bitcoin can't disappear the bank, bank is establish and all of the people are aware about banks unlike in bitcoin there are still people who doesn't know about banks and if people will let they know about bitcoin in the long run, probably most of them will not use it as a currency due to it's a online crypto currency, and there's no any hard paper or hard proof that it is a logical currency for day to day transaction.
Bitcoin can not replace the bank, many people still do not know bitcoin, banks more reliable 
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?
I think bitcoin can make banks disappear but that wouldn't happen yet since the transactions are usually being made in the banks. It serves as a bridge for them to be converted to fiat money. As this continues to happen, the bitcoin will surely increase its domination as time passed by that's why it is a must that we earn bitcoin while we can still do it. "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?
Its not possible to say that at this time that bitcoins market will make banks disappear. The bank leaders are the master player and have their own strategy about it to how it will work around the whole world. We bitcoins users have to get support from the bank through ATM of the local bank so to get our transaction from bitcoins.
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?
We are all used to transact our money in the bank and the banks are already there ever since before bitcoin came. Blockchain technologies are being tolerated in the banks today and they are almost taking over the entire monetary system of the world. Maybe time will come wherein the banks existing today will be gone due to the innovations of the cryptocurrency. People will start to patronize it over banks since it is easier. "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 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?
Banks are already there.Most of us people are using banks that why its impossible that banks will disappear east also the government needs more to know the use about bitcoin before they decide about disappear of banks . "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 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?
Bitcoin will still need more years, perhaps decades, to mature more and be known by the majority of the world population before they can take over the banks in saving money. There are some things that banks have and cryptocurrency don't like loans. While bitcoin can offer higher interest if you save up your money there. Let us just wait and see who will win in the end.
Hat is not attainable. Many people need their banks and you can fine proclaim that. It is definitely important for them consequently it can't disappear. I set sight on that more people will of course use bitcoin. That will be selected pleasurable. But you never know what can happen following the value.
Bitcoin is certainly going to make a squeeze on the profits of banks. Initially it will be forign transactions that bitcoin will take over.
I dont think so that bitcoin can make banks dissapear in this world, because banks has a big role in this world and banks is part of the everyday life of people so that was very impossible that bitcoin will make banks dissapear. banks is will always people needs for there transcation.
It's called new technology of getting profit when you are investing into bitcoin. Because if you invest into bitcoin you are getting high profit while you invest into banks then you are getting low profit which is nothing in front of bitcoin. So i will suggest to those people who are investing into banks they are totally doing wrong with themselves because bitcoin is more popular and most fastest as compare to banks. If you invest into 100$ into bitcoin after 2nd days 100% chances that you can earn 150$ mean 50$ profit. While 100$ investing into banks then you will get profit after years just 1$. So now tell me that bitcoin is better or banks? Of curse bitcoin is more better. SO there are 90% chances that bitcoin will disappear banks. 10% chances that banks will marge with bitcoin.
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