Topic: Is banking still important in the bitcoin era? - page 22. (Read 2313 times)
Of course, because I'm sure people will not be able to fully accept Bitcoin. and they still need banking as collectors and distributors of public funds and banks will support the implementation of national development in order to improve the distribution of development and its results. while Bitcoin is only individual, which is concerned only with the benefit of the perpetrators themselves. but I am sure, Bitcoin and banking will be able to walk side by side, and equally in need of society.
Yes! Bank is also important in our society and a the same time in all crypto currency not only in bitcoin. Although crypto currency is popular now a day it would also need a bank for the real transactions not virtually. Let say for example all ICO's are need investors for the launching of their projects so they collect funds using real money of their investors so this funds will go to bank for the security and for interest also.
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?
Indeed. Even Bitcoin era was fast rising into our current time, banks and the banking system of a certain state or country is still important to the economy since many people are still relying into the services and benefits provided by banks that was totally the reason why many people even our ancestors and parents are cope up into this kind of institution added by the fact that the existence of banks makes it a way to determine that a country have their own type of currency used nationally and globally to be said that their economic status can be globally competitive to support its own needs talking about its people's financial needs to support daily life needs. 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?
I think yes banking is still important in the era of bitcoin because they are registered with the governments and they do not scam and if they will start their wallet for bitcoin then the users of bitcoin will find a more relying place for to keep their bitcoin in a safe and secure place. Nowadays because of scam of many online wallets and the hacks of wallets it is important that banks start to use 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?
Ofcourse bank is still important and always will be. It is the foundation of financial stability of a country and also a means for investors to save and store their earned money whether from traditional investment or from cryptocurrencies.
in the future the state's financial technology will also continue to evolve as the technological developments of blockchain will dominate, and I think banks are still needed because not everyone is interested in crypto and they still need banks for local transactions
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?
Ofcourse bank is still important and always will be. It is the foundation of financial stability of a country and also a means for investors to save and store their earned money whether from traditional investment or from cryptocurrencies.
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 bank is important because not all people are using cryptocurrencies so we need to consider some of them that need banks. And I know some of people in crypto us still using bank especially if you earn a lot of money in crypto. 
I believe that banking will still be relevant even during bitcoin era in order to secure our assets and make the profits grow.
Yeah for sure banking can be present when the currency is bitcoin money banking functions arw still possible with bitcoin like depositing for investments lending money ...
The role of the bank will always be important until whenever, this is because the bank becomes the main pillar to drive the economy, the bank will exist anytime because it is fully protected by the state.
Yes we have to accept that fact that the role of banking is still important in our life, in fact still majority of people do not know anything about bitcoin and even they know about it and using it but still they are not in condition to use bitcoin for everything for which they are already using fiat currency, therefore they are using bitcoin as an optional currency, and that is the reason that the use of banking system is important in our life. 
The role of the bank will always be important until whenever, this is because the bank becomes the main pillar to drive the economy, the bank will exist anytime because it is fully protected by the state.
of course, the bank has its own role in a country, its small example as a container for lending capital, other credits and as its, even though the development of crypto world is very rapid, but the bank has its own role, and they will not close the company, maybe later them will follow also the current development of the crypto world
true, banks is still essential today even if cryptos are soaring today, because not everything can buy and paid in bitcoin, we need banks for conversions of bitcoin to fiats in less fees, there are other purposes of banks that bitcoin cannot cater like housing loan, car loan ,business loan and salary loans, we still need banks, we can live with it up to now, we are ok with cryptos and banks co-existence.
Not really, I have never used a bank for my conversion, I either use exchanges or just peer 2 peer exchanges. It is true that I still use a bank account to receive my fiat, but if you think about it, if everyone accepted crypto, I would never need to convert to fiat anymore. It is simply a matter of time before that happens. Now you can even get crypto loans to buy cars and houses even, and get salaries in Bitcoin. Banks are forced to co exist but their days are numbered.
Banking is always important as long as bitcoin's downside is not yet addressed. And with regards to fact that real cash or fiat is the main means of buying goods and services, then banking will still remain significant in the cryptocurrency era.
of course, the bank has its own role in a country, its small example as a container for lending capital, other credits and as its, even though the development of crypto world is very rapid, but the bank has its own role, and they will not close the company, maybe later them will follow also the current development of the crypto world
true, banks is still essential today even if cryptos are soaring today, because not everything can buy and paid in bitcoin, we need banks for conversions of bitcoin to fiats in less fees, there are other purposes of banks that bitcoin cannot cater like housing loan, car loan ,business loan and salary loans, we still need banks, we can live with it up to now, we are ok with cryptos and banks co-existence.
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 banking is still important for this bitcoin cause in my own experience when i get my pay in bitcoin i deposit it in bank or invest in other invest so i do earn a lot of money. for now im dreaming to become rich someday. hoping that one days their will be change. the chance is coming for us. banking is yet still important cause not all people are in bitcoin investments
I think the bank will still exist even though the bitcoin era will come, but maybe the bank will not exist in every city, and ATM is not needed anymore, people just need a smartphone to do transactions or registration to create a bank account, the main function of the bank is to raise funds from the community and distribute it, but we do not have to bother to get to the bank if we want to save and borrow enough money video calls with the bank, we also do not have to queue in the physical bank, queuing is a boring thing and waste of time
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?
Off course, I think bank still important in the bitcoin era. The Bank will still play a role as usual. Although a lot of the things that hindered his journey. Bank is the best way saving for emergency needs ,the bitcoin is the best long term investment.
the Bank will still remain in use. for those who do not want to risk playing with fluctuations owned bitcoin, then they remain faithful to keep their money in the bank. Although if the banks won't make their assets grew, but at least they are sure that it is secure. so the bank will still be useful.
i think banking is still important in the bitcoin era.Their are a lot of businesses that transactions will be done in the banks.Some remittances also from other countries will be processed also in the banks so in my own opinion,even it is already in bitcoin era banks has its own important role
Jump to: