it may happen that bitcoin will replace the banking system but all are only limited to digital, this is called the banking topology front.
I am sure it will happen in the future
Topic: Is Bitcoin replacing the future banking system ? - page 3. (Read 391 times)
Does Bitcoin replace the banking system of the future?
I think not, because the bitcoin payment system through the bank, while the bank does not create bitcoin and can not send the funds in the form of bitcoin.
I think not, because the bitcoin payment system through the bank, while the bank does not create bitcoin and can not send the funds in the form of bitcoin.
Bitcoin has the potential to do so, but I think traditional banking system will prevail and also they will manage some way to collect bitcoin for interest from people.
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Banks are be one of the biggest victims and rivals of BTC, as you don't need services of banks or any other intermediary if you are sending BTC. If BTC is accepted as global currency, banks will cease to exist and this is something banks won't let happen.
maybe the bitcoin applied blockchain technology can be adopted by the bank to be used as a transaction system. The advantages of this technology is also already known by some economic observers who can solve the problem of transactions so far.
If everyone can transact independently and do not need to go to the banks then this will certainly have a major impact on the financial system in the future, banks will be lonely and abandoned by customers so that someday banks will disappear.
It depends on merchants if they accept cryptocurrencies then all people start to use crypto but it is not possible until our government accept crypto as legal currency. I think it's a never ending story so the Bitcoin will not affect the banking system and banks will never disappear. 
Bitcoin can not replace the banking system. It is simply not suitable for this purpose and has no corresponding functions. Bitcoin is a very peculiar means of payment and nothing more. However, simply money can not replace the banking system. This is silly. Another thing is that the banking system can use blockchein technology to improve its efficiency in the work. To do this, there is a specialized ripple crypto currency, which is now used by many large banks.
Well bitcoins was designed to provide the basic financial freedom to its users , so that they get more privacy and no interference between then and their earnings .
we should also take a look at the advantages offered by bitcoins to its users , at this rate of increase in users , yes it is possible that BTC can replace banks , or for survival banks would opt bitcoins .
we should also take a look at the advantages offered by bitcoins to its users , at this rate of increase in users , yes it is possible that BTC can replace banks , or for survival banks would opt bitcoins .
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think Bitcoin can replace the bank in the future. But if the Bitcoin price is high then the cost of sending and receiving will be very expensive. So I think the bank will still exist to adjust Bitcoin prices
If everyone can transact independently and do not need to go to the banks then this will certainly have a major impact on the financial system in the future, banks will be lonely and abandoned by customers so that someday banks will disappear.
Bitcoin for sure can not replace banking transactions for sure because it is not a monitored system in short anonymousity of transaction. government will not allow anonymous transactions for cash flows. But it can work and help as an alternative to pay for online transactiond through the help of your government
may happen if bitcoin replaces future payments. but it still takes a long time and process. if we look in terms of the state of bitcoin now. but the value of banknotes also we can not deny will still go along with bitcoin .
Why not in one hand, but in another hand it is very hard for world economy system to perform a thing replacing like that in general...
if bitcoin replaces payments for the future I still have not thought at all. if bitcoin goes hand in hand with the banknote payment it is most likely to happen in the future .
Yes Bitcoin may not be able to replace the banking transaction system but possibly Blockchain technology applied Bitcoin can be adopted by the bank to be used as a transaction system. The advantages of this technology are also already known by some economic observers. That Bitcoin will play the role of the cumulative tool in the future.
As Lagarde emphasized, the vast majority of cryptocurrencies such as bitcoin and Ethereum are still struggling to solve their underlying scalability issues. Previously, in an interview with major South Korean financial news publication JoongAng, Ethereum co-founder Vitalik Buterin stated that it could take two to five years for public blockchain networks to scale with two-layer and on-chain scalability solutions.
Cryptocurrencies surpass fiat currencies at some point in the future. One important consideration is that cryptocurrencies cannot be manipulated quite as easily as fiat currency, largely due to their decentralized and unregulated status. Beyond that, cryptocurrencies could better support the concept of a universal basic income than fiat currencies would. As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income. Finally, I don't think bitcoin will completely surpass banking system.
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Gradually it is happening and it can replace the banking system if everyone accepts decentralized money but still many people are not aware of the crypto currencies so we need more years to know that it will happen or not.But until now crypto has some rapid reputation from last year but still that adoption is not enough we need more adoption rate to get stable price for crypto currencies. 
If we talk about big system how banking there right to say what it be replaced not by bitcoin, it will be replaced by common blockchain technology
Bitcoin has a lot of potential to replace the banking system although it is not the reason why BTC is created many people wants it to happen because they can see that it has a better qualities than banks.
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