I think we always need banks! Because Banks and Cryptocurrencies are not same in work and purpose! We work on the crypto platform, earn money from it and we save our cash on banks! So, we need both. Every country supports the banking sector but some big countries denied to accept cryptocurrency!
We are always going to need banks because there is going to be a central bank in every country in the world. Even we we all start using digital currencies in the world, there will still be need for banks in the world. 
Topic: Soon we would not need banks - page 3. (Read 3737 times)
This is a great discussion, and ur right that there is no use of bank when it is replaced by cryptocurrency bcoz it is a, new technology as no one has seen
In my opinion. he just bluffed. in this world the role of banking is very important and becomes one of the economic centers and financial transactions. so that the bank will not suffer from our lives at any time even though the crypto currency has dominated digital transactions. and everyone has relied on the bank to store assets and the bank has also helped provide business capital loans to all who need it.
Thats right, the bank system has been deeply embedded in the economy of the community. bank not just a place to save money, but bigger than that, many people work in banks, many people are dependent on borrowing funds at banks, many people profit by saving money in banks and other things..
I think we always need banks! Because Banks and Cryptocurrencies are not same in work and purpose! We work on the crypto platform, earn money from it and we save our cash on banks! So, we need both. Every country supports the banking sector but some big countries denied to accept cryptocurrency!
I don't think so. Banks is still the best place for our money. And i don't think banks will let their business be gone. Banks will still remain for a long time.
The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
Banks are well establish in our society. And many people are putting their money in the banks for the safety of their money. So i think he is just bluffing. Banks will not fall easily. 
The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
He is just bluffing. It is a myth in the crypto world that crypto will displace banks in the future. Banks will just start using crypto at some point and unfortunately many people are already waiting to hand over their crypto coins to the banks. Even though I can't figure out why they want to do it. Maybe you could push banks back through crypto, but only if all people participate and manage their crypto coins themselves, but that won't happen. Therefore we will have also in the future banks and they use crypto and fiat money. Besides, banks have so much power and influence that you can't displace them so easily. Unfortunately, you have to get used to the idea that we banks don't just get rid of.
The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
I think it's kind of impossible, since btc is volatile not all people would think of it as safe to convert their money to. So physical money would still exist by means so banks too. And also beggars wouldn't be able to use this since they dont have any device to do so. With all this I think people who use crypto will increase that's for sure but totally ending the means of banks and physical money I think its impossible. with the advent of the blockchain technology and cryptocurrency, this will put an end to traditional banks as the world demands more speed and transparency regarding transactions.
Together with the advantages of bitcoin transaction, I believe that we will not need banks in the future
I see people are moving to block chain technology and investing with bitcoins. I my self move to block chain and closed my all banks account they're charge me too much and ask me to pay tax after every transaction
The progress and development of Bitcoin can be said to be superior to the world. Because Bitcoin deals do not require a bank and we are the one who directly manages our transactions and security. But i still consider having a bank because I'm afraid all transactions on our bank account will be managed and governments want to charge there.
Talking about not needing banks shouldn't even come up now, as you can see the number of people into crypto isn't even upto 0.10% of the worlds population. We are still at the proposition stage, hoping that people see the good in this new tech and learn about it/ start using it, It would be wrong to assume the world is ready for that. As not even a quarter of the world is ready for this tech yet to be understood. We need 20 more years tops. to start talking of whether banks will still be operating or not. Information and education about this new bride is key.
It seems to me that it is too early to abandon the standard banking system and the economy, since the crypto-currencies are at an early stage of development and they still have a long way to go.
no. because until now the bank still exists and will not be replaced, because crypto will not be able to replace the bank as a whole because there are still countries that refuse the arrival of crypto to replace the bank
people cannot leave the bank, while now crypto still confuses people. Unconsciously there are still many people who still depend on the bank, while for the use of transactions using bitcoin this is still a matter of debate everywhere.
In my opinion. he just bluffed. in this world the role of banking is very important and becomes one of the economic centers and financial transactions. so that the bank will not suffer from our lives at any time even though the crypto currency has dominated digital transactions. and everyone has relied on the bank to store assets and the bank has also helped provide business capital loans to all who need it.
Thats right, the bank system has been deeply embedded in the economy of the community. bank not just a place to save money, but bigger than that, many people work in banks, many people are dependent on borrowing funds at banks, many people profit by saving money in banks and other things..
it's great. we don't need to take money when go out. but i think we need banks. i don't want my money hacked
In my opinion. he just bluffed. in this world the role of banking is very important and becomes one of the economic centers and financial transactions. so that the bank will not suffer from our lives at any time even though the crypto currency has dominated digital transactions. and everyone has relied on the bank to store assets and the bank has also helped provide business capital loans to all who need it.
I think, there will be a time that this would truly happen. With the advancement of the system of bitcoin and the other cryptocurrencies, this phenomena will surely be not impossible.
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