Topic: Soon we would not need banks - page 8. (Read 3670 times)

Ya I think its true if we started using cryptocurrency then we need not to use banks..
There is nothing use of bank when it is replaced by ledgers and even so secure and genuine therefore everyone takes the easier way of banking

There will always be conventional banks  despite the exploit  of  cryptocurrency. I believe that crypto will soon take over the global transactions and payment system. But  conventional banks will still be around for some specific duties like  inter countries transactions and also collecting duties for governments also giving out loans to business men. It will be interesting  to see how the global economy will be when the cryptocurrency takes over from the conventional banks.

where did you get the info? especially about the CEO. it isn't impossible if someday crypto be used in the world, we just have to watch and hold carefully.

I think this would unlikely too happen people who don't believe in crypto and crypto are so volatile that making so much confusion.

So independent bank will do the best and people who believe  crypto surely support it so when comes to support we won't be lacking.

I don't think so.I think bank and crypto will work together to make people's lives better.Bank will exist too but it will be dependent on digital currency.
Bank will control excessive volatility of cryptocurrency.but personally i don't like the ceo of bitcoin cash because he always spread rumor and false news

I am hear at more then one year ago.
But today i see how government face many difficulties when want integrate blockchain to any of current working structure

It becomes a good thing from the side but without you realizing you will experience the destruction of the country because the country is very dependent on the transactions made on the bank.

another bluffing PR from the coin, which many have already forgotten. he just decided to remind himself a little about himself and create an attention around him.

Banks aren't going anywhere. Fiat isn't going anywhere.

Crypto adoption is still in its infancy and people aren't ready to adopt this yet.
At the same time, we are making progress there's no doubt. But can you actually topple the system in the US? Absolutely not.

The government is well aware of crypto's influence and will not allow Bitcoin to topple anything. You need to realize how powerful the US dollar is. Yes, the buying power has declined but the influence it has on the entire world should not go unnoticed.

Soon we will not need bank,  the way bitcointalk is going is not encouraging  because so many people are discouraged  in put more to bitcoin cos there is no more encouragement  from there to do more

We will need a bank even in the future, and it will remain with us.
The bank will never let their economy fall because of cryptocurrency.
remember if you can't beat your enemy, join them.
They will adjust on that system for the people can still go through banks.

I think we still need a bank because not alll the time crypto is safe or secure, and the problem of cryptocurrency is they can be hacked that's why we need bank to keep our money. Also once you put your money in a bank it will never lose, so for me we still need a bank to save our money without hesitation and doubt to lose because they can replace your money immediately when you need it.

Bitcoin as a product of blockchain systems is a revolutionary phenomenon, attracting the attention of specialists and ordinary people. Virtual "coins" need careful study. Undoubtedly, they will gradually be introduced into the social and economic life, despite numerous obstacles. However, for human security, there is a need to establish a regulatory mechanism.

Society has to change a lot.Now people live by typing loans.Banks can't go anywhere.The banking system itself can be exchanged, but bankers will not allow banks to disappear.

So there will be new forms of independence than banks. That isn't certain in the future, there is no basis for censorship. So why do not you need a bank while Bitcoin will be independent?

Yes, I believe to the power of Blockchain, specially Bitcoin. Which we can send or receive payments without going to banks anywhere, we have our own banks in our pocket, with just our smart phones and internet connection.

Nowadays bank is mingle with all process and project. But bank is not good for the people future save. BANK is not share the bank process and rulas and regulations. So it affects the process investment. So people wait for the crypto currency. If reach the all country people. It help to people growth. Bank is not good for the people growth. Now bank is not easy to avoid. So people wait for the bitcoin bank.

Yes, you are right banks will never even though we are using Bitcoins for payments and banks are providing different kind of loans if they proved themselves as legit. Through banks, they are happily transferring money to their own family without any problem.

 With the rapid development of the electronic money market and fintech, gradual electronic money is said to be "the currency of the people" and is becoming more and more popular around the world. However, monopoly money has become a serious problem for both large organizations and CEOs. Assuming that Bitcoin is used as a common currency in the world, is the role of banks now dominated by the trade coin? Or is it saying that bitcoin will increase forever? And if so, if Bitcoin uses the whole world, then convert to dollars do? And so Bitcoin holders do not need interest rates on deposits, just holding & breathing the air to live? As you bank collapsed, who pays money to you? - If everyone thinks we are human, not Chinese, Japanese or Korean, what you say will come true, no country will be dominated by uncontrolled be whole. For example, Russia is embargoed, inflation is high, the central bank is trying to balance the money, now there is a source of money. Bitcoin-Central Bank uncontrollable, US & NATO bear the Part of the money was spent on Russian loans, which made the measures tighten uncontrollably, prices continued to escalate, economic exhaustion -> collapse regime. As far as I know, Bitcoin is anonymous, no one knows how many people hold, so how in it know how to buy, sell & grasp how much? Bitcoin or other electronic currencies only increase to a certain threshold but can not increase forever it is nonetheless a new payment channel cannot replace the paper money unless each country releases a type own electronic money.

of course that will be real if all people know about bitcoin features, everyone will not need any banks for transaction or for saving and investment, all can be done through crypto