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Topic: The Future (Read 790 times)

member
Activity: 434
Merit: 11
November 20, 2021, 09:36:41 AM
The future of Crypto is bright. Because there are many succesful blockchains are introduced jn Crypto and its also been asset of payment and many of countries make it legal and it is Success. Which shows that the future is bright
sr. member
Activity: 2618
Merit: 439
November 19, 2021, 03:24:03 AM
In terms of inflation in currencies that is happening at this time, actually many governments - BANK - already know some of these weaknesses and that makes them not touch the realm of blockchain [bitcoin] because the technology carried by bitcoin is not in line with bank policies that can fully regulate money in country
while they are doing that people are keeping to find and learn about alternatives and in this bitcoin and crypto are entering peoples lives.
from no knowledge to become crypto living humans, the popularity of crypto is increasing day by day and this will come to the extent that people will seek for this than using fiat so the future still lies in crypto and not the centralization of fiat government.
full member
Activity: 686
Merit: 107
November 19, 2021, 03:17:13 AM
In terms of inflation in currencies that is happening at this time, actually many governments - BANK - already know some of these weaknesses and that makes them not touch the realm of blockchain [bitcoin] because the technology carried by bitcoin is not in line with bank policies that can fully regulate money in country
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
November 19, 2021, 02:38:46 AM
Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
I don't think the "bitcoin replacing banks" will easily happen. For something that already take part in world for long time, wouldn't that easily replaced especially for not all people can reach. We know fiat even people who don't have technology can use it, and for bitcoin replacing bank, still need a very long journey.
The world is moving digitally it's possible that bitcoin can replace bank in time coming because bitcoin is like global currency which no country today don't know about it, and we should know that anything prediction made because of bitcoin will come to the passed because it has take over the countries
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
November 19, 2021, 01:04:33 AM
Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
I don't think the "bitcoin replacing banks" will easily happen. For something that already take part in world for long time, wouldn't that easily replaced especially for not all people can reach. We know fiat even people who don't have technology can use it, and for bitcoin replacing bank, still need a very long journey.
full member
Activity: 756
Merit: 105
November 19, 2021, 12:47:40 AM
I don't feel like those who always think badly about the future. I even want to make it a hope that later can come true, because everything will change over time, it is impossible for it to continue like this, I hereby agree to what is written for the future ..!
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
November 18, 2021, 06:26:36 PM
need to know that bitcoin and bank systems are different, as well as others. I think they all have their advantages. With the existence of new technology and also new discoveries, it does not mean that old technology is also abandoned because each technology has its own advantages. although now the development of technology is growing rapidly but many people are not able to accept it well. I think it will be difficult even to wait for this to happen in the next few years.
Some will lose their functions but some will retain and still exists. Banks and fiat money still have their purpose and value in the community that we can never think will vanish and replace by crypto and blockchain technology.  I'm for sure this will never happen and what we gonna see is adoption by the banks and they have to just for the sake of fulfilling the needs of the people and their old clients.

member
Activity: 753
Merit: 15
mulierum.com
November 18, 2021, 06:02:55 PM
need to know that bitcoin and bank systems are different, as well as others. I think they all have their advantages. With the existence of new technology and also new discoveries, it does not mean that old technology is also abandoned because each technology has its own advantages. although now the development of technology is growing rapidly but many people are not able to accept it well. I think it will be difficult even to wait for this to happen in the next few years.
member
Activity: 790
Merit: 44
November 18, 2021, 09:06:20 AM
or envision the future such as viz ;

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.
do you think so likewise ?
Just imagining or imagining I agree, who knows it could come true, could it be........

For me, I definitely think that there is only one Bitcoin and a bank, maybe with the current technology, crypto is rapidly growing into a bank, but still in fiat money exchange, but people can do the same thing as today, crypto is measured and can be exchanged in banks, maybe.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 18, 2021, 07:10:05 AM
Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.

That was totally wrong for me to say bitcoin will replace banks,banks are meant to accept bitcoin transaction it not too.
It's either government place rules and regulations to control bitcoin transactions rather than banned of cryptocurrency affairs.
Yes and why need replacing ?why people keeps talking about Bitcoin or cryptocurrencies will replace banks? when banks can adopt crypto if they wanted so what is replacing to happen?

and also correct , putting regulations is the only thing that government need to do so all will take into table.
member
Activity: 686
Merit: 19
November 18, 2021, 04:35:24 AM
Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.

That was totally wrong for me to say bitcoin will replace banks,banks are meant to accept bitcoin transaction it not too.
It's either government place rules and regulations to control bitcoin transactions rather than banned of cryptocurrency affairs.
full member
Activity: 1974
Merit: 101
November 18, 2021, 03:36:14 AM
I think it's normal to feel intimidated by not feeling ready for change. I'm sure they will slowly adapt and accept change.
Bitcoin will not replace banks because the two systems are different. We still need Banks even in the future. it is impossible for a country to use bitcoins they cannot control to replace banks.
member
Activity: 137
Merit: 13
November 14, 2021, 07:14:38 PM
Indeed Uber can replace taxis but I'm not sure if Bitcoin can replace banks, we all know if banks are backed by the state and if banks are replaced by Bitcoin then Bitcoin needs support from a country. In my opinion, decentralized Bitcoin cannot be controlled by the government, unlike Banks which can be controlled by the government, so I don't think Bitcoin can replace the position of banks. Let Bitcoin be a financial and investment alternative to fiat, I think the role of Bitcoin now is very good because Bitcoin creates jobs for people like me.
sr. member
Activity: 958
Merit: 265
November 14, 2021, 04:14:17 PM
The future is digital for sure and the mode of payment is going to be cryptocurrencies which will be accepted worldwide.
And banks are already trying to take this over crypto currencies, back in days when the news showed that bitcoin is banned in many countries and banks bought a chunk of it when the majority of people sold.
member
Activity: 980
Merit: 10
November 14, 2021, 02:45:07 PM
Updates happen all the time and things like what you said may be replaced with newer ones in the future.
but for the bank that btc replaced I don't think something like this will happen.
although indeed btc will continue to increase and more and more adoption but things like this will not happen.
the bank will still exist and will always be there at any time I think because their position is still vital.
member
Activity: 416
Merit: 30
November 14, 2021, 12:01:51 PM
It is the nature of humans that he remembers the past in good words but he remains fearful about the future and what is going to happen to him. This is not reality. Change always takes time until the human mind is ready for this change.
 What will be in the future always expect God that he will do better. And surely you would find everything better.
Nature always wants change and advanced technology is a reality. something will be replaced by someone and this is a natural process. Not no need to worry about it.
hero member
Activity: 2156
Merit: 531
November 13, 2021, 10:48:16 AM
#99
"Bitcoin replacing Banks" unreal about that uncertain future not only some bank institutions but almost all banks do not like to participate in legalizing bitcoin in their country ,even in my country banks are very against crypto ! another thing is that bitcoin is superior to banks because the current situation around the world many are adopting bitcoin and they are even more fortunate in investing in bitcoin ,starting from trust of the whole community that invest in bitcoin leads to abundant wealth ! this point will also coexistence with banks in a more advanced society's economy ,because banks also benefit from customers who disburse funds to bitcoin or from bitcoin
sr. member
Activity: 952
Merit: 281
November 12, 2021, 08:53:35 AM
#98

•Bitcoin replacing Banks.
•Robotics replacing Man-power.
•Uber replacing Taxi's.
•Amazon replacing Bookstores.
•AirBnB replacing Hotels.


According to wold bank, there are around 2 billion people globally that are out of banking system due to different banking constraint. Bitcoin can be very useful tool to include all these bank less people into financial ecosystem. But bitcoin is not in a position to replace banks. Just like AirBnB coexist with hotels n uber with traditional taxis, bitcoin will coexist with banks.
First of all Bitcoin need to made it to main payment system, if it really wanna replace banks.
legendary
Activity: 1610
Merit: 1003
November 12, 2021, 08:08:39 AM
#97
im not sure if bank replaced by bitcoin. yeah, crypto user is strong than banks, but its not strong enough to replace it, but i have faith if they can walk together.
hard to adapt in new technology for older, they must choose to take the easier than something thorough.
member
Activity: 714
Merit: 16
November 12, 2021, 07:55:47 AM
#96
For me in my country right now all this are not true for bitcoin replacing banks, not even talking in respect to my country I didn't see the reason that will make you say this even if you use bitcoin replacing fiat I can even try to agree with you on a little percentage
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