Topic: the existence of possible bank will be replaced by bitcoin? (Read 1259 times)

No, I don't think it is going to be ever possible that it can replace the banks. People will always rely to what the government is protecting. And many big investors and depositors will not going to rely to a decentralize crypto which doesn't have stable value. They don't want to risk their money with it, banks will remain and bitcoin can be adopted.

This is highly unlikely. Bitcoin can increase its number of members and perhaps become an integral part of our society but the replacement of banks by Bitcoin is not possible. The government wouldn't allow it and the economy would crash.

to me in  future as much as the number of bitcoin users is increasing hope that banks will start thinking about how to start accepting bitcoin in banks. because in future bitcoin will the main currency of the people and will be using in all over the word equally.

banks wont disapear. however they will centralize.

EG
in the UK a few decades ago.

halifax,Lloyds,TSB,Bank of scotland

were all separate banks. but to save on having 4 bank branches per town. they all merged due to some mergers and acquisitions and become one entity.

barclays done the same taking over, woolich and even america's lehman brothers..

so although you WILL see less bank branches in the streets of your town. that does not mean there is less banking control over peoples lives. infact there is more.

barclays for instance is heading up/managing the payment system of Apple pay in the UK. (one touch payment)
barclays is going to go one step deeper and offer smartwatch/wristbands as more convenient methods of payment without having to type in values/destinations or even pin numbers.

and yes barclays is neck deep involved in hyperledger. so expect the new IMF (hyperledger) to be changing the banks background tech to hyperledger and for fiat2.0 to be smartwatch/applepay based payment methods. not requiring bank branches.

this is why bitcoin needs to stop trying to push user adoption via sales pitches. but to get devs to allow onchain scaling and also get devs to revamp hardware wallets to be more like NFC smart watches. so that bitcoin is useful and usable by anyone..

otherwise it wont compete against the tyrany of central banks

That's the wrong way round - governments are fully controlled by the banks - that's why we need Trump, Brexit and Bitcoin

I see Bitcoin becoming an alternative reserve currency as its value continues to increase.

I can also see governments trying to regain the creation of fiat virtual currencies, and stopping the banks from doing it.

thank you who participated and poured disni your opinion, maybe this could be masukn for countries that have not legalized bitcoin as a currency.

there may want to add another opinion is welcome

That's the wrong way round - governments are fully controlled by the banks - that's why we need Trump, Brexit and Bitcoin

I see Bitcoin becoming an alternative reserve currency as its value continues to increase.

I can also see governments trying to regain the creation of fiat virtual currencies, and stopping the banks from doing it.

It's not possible, it will only make banks disappear, since bank is fully controlled by the government they would not allow anything that would replace it that is not created or controlled by them. It's known to us that bitcoin is not controlled anyone, hence we love our stay here as we can enjoy full freedom but when government speaks we all listen.

bitcoin possible to replace the position of banks in each country that has received the bitcoin as a currency / means of payment?

let's give your opinion here !!

bitcoin possible to replace the position of banks in each country that has received the bitcoin as a currency / means of payment?

let's give your opinion here !!

bitcoin possible to replace the position of banks in each country that has received the bitcoin as a currency / means of payment?

let's give your opinion here !!

bitcoin possible to replace the position of banks in each country that has received the bitcoin as a currency / means of payment?

let's give your opinion here !!

 if all banks accepted the bitcoin may be all transaction is easily

Bitcoin is not something to be impose to someone. Uses it who wants. Bitcoin replacing a bank would force the population to use bitcoin instead of another currency they could want to use. I believe bitcoin doesn't want it happens.
Each country can have its own currency and allow their population to use crypto currencies, there is no problem with this, everyone is happy.