Pages:
Author

Topic: Is Bitcoin replacing the future banking system ? - page 4. (Read 391 times)

Jlv
full member
Activity: 336
Merit: 100
The Future Of Work
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think banking system cannot replace by bitcoin, they have different functions and I think more new high technology would be introduce to us.
member
Activity: 350
Merit: 11
I believe that Bitcoin will eventually be able to replace the transaction in the banking sector, but we need time for this, the transaction speed is still too small.
until whenever the bank will never be replaced when there is a digital money appears like bitcoin just the opposite bank will help us to make it easier for us to use bitcoin in any case eg in the case of converting bitcoin currency into conventional currency and change it in physical form can through bank.
member
Activity: 224
Merit: 10
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

I'm sure it could be, because bitcoin many advantages that we know. And what I see bitcoin is better than local banks because its payment system is fast and secure too.
member
Activity: 167
Merit: 10
Revolutionising KYC Services
Bitcoin can replace the banking system if the system will be completely changed. I am not sure it would work with current financial system.
newbie
Activity: 130
Merit: 0
Maybe if bitcoin is received in a country with a majority of banks, I'm sure the bank will be rivaled and will eventually be replaced by bitcoin. Because the excess bitcoin is much better than the bank that we know.
newbie
Activity: 105
Merit: 0
To replace banking with bitcoin for the future I think it's very difficult, and I believe that bitcoins and banks have their own way, but banks will take advantage of bitcoin and also Blockchain technology.
newbie
Activity: 238
Merit: 0
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

Bitcoin will never replace the banking system. But the block chain technology behind bitcoin is very good, and if the blockchain can be implemented in our traditional banking system, it will be of great help to them.
member
Activity: 238
Merit: 10
dApps Development Automation Platform
No. Bitcoin couldn't offer secured transsctions with wallets. There's no insurance bitcoin could give if my tokens will be lost or stolen. And lastly, bitcoin cannot be accessed easily unless you have internet.
sr. member
Activity: 798
Merit: 251
Small Trader
Yes, of course. Bitcoin can be an alternative bank in the next few years. Bitcoin is created as an alternative payment method and also as an alternative investment. And now many ICOs are using Blockchain to create the Bank in the world of cryptocurrency.
member
Activity: 126
Merit: 10
Hello everyone, I think that in future the crypto currency will replace money. Crypto currency is much more efficient than banking systems
full member
Activity: 630
Merit: 100
There is a high possibility for bitcoin transactions to replace the banking transaction system but this can only happen if about 50 to 70% of the world population participate in bitcoin transaction for goods and services..
If to replace it seems quite difficult. Moreover, each country has a central bank that is used as a tool to support economic stability in the country. Another case if the country makes its own cryptocurrency. It could be an alternative to the ease and financial advancement of the system in the future.
newbie
Activity: 1
Merit: 0
I am also a bitcoin investor. I am curious to know that I can put the operating methods in each coin but commercialize it so that it can be applied to daily life or just an invisible system that is made only for financing through ICO.
member
Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
yes, bitcoin have a chance for replace the bank system, but at first, bitcoin should make it as zero fee transaction, then Im sur bitcoin will have the possibility for being great. Or at least bank system will support the bitcoin and blockchaim system and implement it to them.
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
Is your money greatly secured with your online wallet? Will you be able to easily access it tru several ATM available? Would there be any insurance if your assets will be lost or stolen?

If yes then maybe it could replace the banking system.
newbie
Activity: 149
Merit: 0
There is a high possibility for bitcoin transactions to replace the banking transaction system but this can only happen if about 50 to 70% of the world population participate in bitcoin transaction for goods and services..
newbie
Activity: 136
Merit: 0
Many theories that explain bitcoin will replace the bank in the future if bitcoin is received by the country. Because many advantages of bitcoin that can compete with banks. Therefore, many banks work with the government to block the bitcoin in the country.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
I think it can. Now days in various field use in blockchain technology to provide better service. Bitcoin surly replace in future on banking system and other altcoin also replace in real money.
full member
Activity: 348
Merit: 100
            Bitcoin is not replacing the future banking system and it cannot be since banks  decides to lend money  and Bitcoin is against taking decisions about lending money. Banks are really worried about Bitcoin since these virtual currency are transacted without the involvement of a banking sector . People can transact money without a third party influence and the currency can be transferred easily with low fees around the globe. Bitcoin has many potentials one of the drawbacks that Bitcoin has the value is fluctuating and it is not stable.   
newbie
Activity: 1
Merit: 0
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

yes, it  is true. the bitcoin will replace the future banking system.
jr. member
Activity: 123
Merit: 1
There is a high possibility of happening so. Some big banking corporations are discussing about blockchain. And there is a possibility of accepting btc in their transactions system.
Pages:
Jump to: