Topic: Is banking still important in the bitcoin era? - page 15. (Read 2285 times)
Our wallet is our bank and there is something very less security therefore banking.
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Of course, banks will never be obsolete and cryptocurrency will never have the capacity to kill it. Banks became successful all because of the human's psychology... not all are brave souls to put their money in a place without somebody to blame when it vanishes. well, that's where banks come handy. A country's economy still needs banking today, and Banks will not be shut down by bitcoin in the future.
People are still happy to use debit and credit CARDS.
Yeah I agree on you as the banks has a connection with the government. People are still happy to use debit and credit CARDS.
Yes of course, the importance of a bank will not be vanish and there are many differents between this two likely the way they use it. We can conclude that Bitcoin era will be good in modern days but the security given by the bank is not strong as Bitcoin.
In the far future banks will be the secondary option of people in terms of storing funds, if you just imagine banks will used your money that youve deposited to them and then the interest rate for a year is too LOW, unlike here if you store your money it can earn couple of dollars in a day so it is not impossible that banks will be the second option in the far future.
Where you keep your money if you want to cash your bitcoin or other coin? This is not the era of cryptocurrency because you will have the need for cash money for using in your local markets. To put your money you will need bank. I will never put all m money in cryptocurrency. In my local markets crypto is not acceptable. I need paper money and so the banks for security.
Yes banking is essentialy and completely important, even with or
without Bitcoins banking has always played a crucial and influential
role in the economy. Bitcoins might take the financial investment scene
by storm but banking will always be a standard in the financial sense and
essence of things. It’s rooted it’s structure throught history and will
continue to influence business and financial ventures from here on.
Crypto and banks can coexist, it doesn’t need to compete with each other
since both exist for a reason and they help people all through out.
without Bitcoins banking has always played a crucial and influential
role in the economy. Bitcoins might take the financial investment scene
by storm but banking will always be a standard in the financial sense and
essence of things. It’s rooted it’s structure throught history and will
continue to influence business and financial ventures from here on.
Crypto and banks can coexist, it doesn’t need to compete with each other
since both exist for a reason and they help people all through out.
It won’t be needed any more once the entire world starts using bitcoins.
Every commercial household or industrially based services requires fiats as their initial thrust and for that banks and mints are equally important.
The Bank still has its own role and place for people. Although bitcoin is growing the possibility of banks will still be needed in the future. Banks may also be growing by creating their own coins or providing storage for Bitcoin or other altcoins.
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
In my own opinion, those people who knew about cryptocurrency is not necessary to place money on banks because the price of bitcoins growth is so much better more than the placing your money on the banks.
banking still important. Of course. Bankers in the country's economy and industry are heavily dependent on depositors who make money in banks having little money that they are lending to other people who want to invest and build a business or borrowers bank. This is often the case. Maybe they just need to adjust and analyze how to adjust the bitcoin era now.
The roles of banking will always be important at any time, and with that it is certainly reasonable to argue that the state regulates banks that mostly contain protection against banks, even though bitcoin transactions continue to rise but I'm sure this has never reduced the role of banks, so banks always be important anytime.
What's the use of banks if everyone can transact on their own? we have to know is the times have changed and now we can not rely on all things on the banks let alone transactions in the banks need more expensive cost than bitcoin.of course they need the Banks to withdraw their money. So until now, the Bank is still an important thing in Bitcoin era.
I think the bank is still important in the bitcoin era, because we can save money in the bank for something emergency.
while in bitcoin itself may not be for an emergency time, because before we sell, we must check the market price as well so we do not lose and can take big profits.
while in bitcoin itself may not be for an emergency time, because before we sell, we must check the market price as well so we do not lose and can take big profits.
I think the bank is the economic center for a country. although there is a bitcoin technology like I think the banking will continue to run. But over time, the banking world will learn about blockchain technology.
The roles of banking will always be important at any time, and with that it is certainly reasonable to argue that the state regulates banks that mostly contain protection against banks, even though bitcoin transactions continue to rise but I'm sure this has never reduced the role of banks, so banks always be important anytime.
What's the use of banks if everyone can transact on their own? we have to know is the times have changed and now we can not rely on all things on the banks let alone transactions in the banks need more expensive cost than bitcoin. 
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Will,in my own perception banks is still very important in the cryptocurrency era,because all things is impossible to the digital currency to take over all the currency,because not all people in the world knows about digital currency system,there are still country of the world that far from crypto technology,and banks is still exist to done its services,so therefore its better that banks and cryptocurrency is working together,towards economic growth and social responsibility for good and the better world.
People still believe in fiat and many big brands, countries and even online resources still not accepted crypto, banking is still useful for old people and also for rich.
The roles of banking will always be important at any time, and with that it is certainly reasonable to argue that the state regulates banks that mostly contain protection against banks, even though bitcoin transactions continue to rise but I'm sure this has never reduced the role of banks, so banks always be important anytime.
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
,,,Banking is for traditional money, only the billionare and millionare could benifit from it, because they can determined the input of their money. But for all bitcoin users are more advantage than those people who are using only with single currency in the bitcoin era. 
Of course still, bank function is not only one side and half of people still use it. Although in investment bitcoin still be considered but half of them still doubt the safety. So they're turn into bank that they think more safety from bitcoin although with not much profit.
Jump to: