Topic: The Future - page 3. (Read 783 times)
Bitcoin replacing banks in my opinion is impossible. Bitcoin is unstable and uncontrollable making it difficult for him to replace the position of a bank that is controlled by a government or state. Bitcoin is more suitable as an option to invest in the future or trade as it is today. However, it is more developed and gives rise to new techniques. Even if you think about it, fluctuating market conditions indirectly become your source of income from crypto, when the dump market you buy then pump you sell it. Otherwise it may be difficult for you to make a profit
Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.
it is not the society is not ready but it is the idea why there is a need of Replacement? why does Blockchain need to replace banking system in which the world having all our life for hundred years?do you really believe that as easy as that it will be replaced? People around the world knows Banking but only few knew about Blockchain so where did you get the idea of replacing?
this will only happen in the next hundred years and not in our generation now.
Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.
We are all not fortune tellers, so we don't know what will happen in the future, anything can happen in the future. But for now I dare to make sure
the banking system still cannot be replaced. Moreover, blockchain technology is still being studied and not fully understood by the government,
so most countries are still neutral towards cryptocurrencies. So we should just be grateful with the current situation, at least we can all enjoy
the benefits that cryptocurrencies provide. It takes a long process to replace the banking system that has been running for a very long time.
After all, most people still need education about cryptocurrencies, to be honest the majority of people don't really understand cryptocurrency.
Of course, this is all a distant future, I do not think that all this will happen, although in this I also believe that the blockchain can really replace the banking system. But it seems to me that our society is not ready for such changes, especially when the cryptocurrency is on everyone's lips, it cannot replace banks at the moment, it will be in its speculative form for a very long time and this is good.
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 ?
•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 ?
It's a 50/50 situation here, cause I can agree and disagree at the same time:
banks will adopt to BTC
robotics will replace man-power only where possible, cause we know what life-factors are and not all robots can easily replace a man-kind thinking
Uber is a taxi already, but there are countries that don't let it in, cause they already have a monopoly and that might stay
bookstores can be replaced by anything, but still real paper books will stay in use, because of the aura they have,
hotels will doubtedly come out of popularity, cause there are too much people who are not ready to give up comfort and luxury to rationality.
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 ?
Well, new things and ideas keeps coming out every time. The world never seizes to impress us with new things all the time. But some of the things we see are not there to replace the ones that are already there, rather they can come to coexist with the other ones that have been, and just be another means to achieve the same thing.•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 ?
Uber is same thing with Taxi, except that it has made things easier, you don’t have to run out to look for taxi, rather you can order for that same taxi in the comfort of your home at anytime. So, these innovations are making things easier and not really a replacement. Between bitcoin and the bank, I think it is more likely going to be a coexistence.
I don't think this can happen, especially if Bitcoin Replacing a bank is difficult because market conditions are unstable and difficult to control or even impossible to control. Yes indeed no one knows what the future of Bitcoin will be, when viewed from previous years Bitcoin continues to skyrocket and is increasingly known to many people. This is a positive thing and maybe this can be a big hope for the future so that Bitcoin will be better and not abandoned. As a crypto user I hope so too.
No one can anticipate what would be happening there in the future. Today if we Compare the last 100 past years with 100 future years what will we feel. What will be the situation there about advanced technology and software development. What replacement will be taken there?
I think that Bitcoin and cryptocurrency will be a Global currency in the coming day and its business will be going as a Global business in the global Bitcoin market.
I think that Bitcoin and cryptocurrency will be a Global currency in the coming day and its business will be going as a Global business in the global Bitcoin market.
•Bitcoin replacing Banks.
I think this is really difficult because BTC is very difficult to replace fiat money and it can only exist side by side.•Robotics replacing Man-power.
Yes,it is the progress of man in the future i think human power will be completely replaced by machine power•Uber replacing Taxi's.
I think Uber will replace taxis in the future and it will grow strongly, in the future it will replace all taxis.•Amazon replacing Bookstores.
Amazon is popular and known by many people, but I still like to read books on mobile apps or books in the library because it is more convenient and easier to use Amazon.Bitcoin is the future of money & there’s nothing banks or governments can do about it. They either adapt & accept bitcoin or get left behind & become obsolete.
In this day and age we have to keep up with the times otherwise we will be eroded by change. Nothing lasts forever. They are not lost, only replaced with changes for the better. But bitcoin cannot replace banks because they have their respective functions and their benefits are different. So no intimidation here. Because we live in the future, not in the past.
These things could possibly happen in the future especially now that our technology is getting more advanced but I don't think Bitcoin replacing banks could happen soon. We all know that there are still lots of things that contradict it. Bitcoin is still in the process of adoption so it still needs time to be accepted in most countries.
This the main reason why government and bank's don't want Bitcoin and Crypto Currency, I think they'll get out of control and can no longer be in full control by the government.
Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.
Yes the simple reason is that they cannot control the funds that is kept in crypto space and both government and banks want to control of the money so that they can plan their schemes accordingly. Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.
Yes, progress and innovation are kept on happening but btc will stay as btc but there are things that will bloom one of this days that involves BTC. Like using it worldwide for daily transaction or payment and others. Lifting ban, specially in some countries and many more.
This the main reason why government and bank's don't want Bitcoin and Crypto Currency, I think they'll get out of control and can no longer be in full control by the government.
Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.
Truth be told Bitcoin can replace banks,but will sure replace paper money in the nearest future.
as technology develops, there will be many increasingly sophisticated technologies to make it easier and help people. as it is said that currently the development of technology is growing rapidly and so is crypto. bitcoin is increasingly recognized by many people and makes bitcoin more valuable, many people say that bircoin will be the future of currency. it could all happen if it was supported by the people themselves. we know that replacing fiat money with bitcoin is not easy, People need to adapt to it so the path may be a bit difficult. I think that even though the development of technology is growing, it doesn't mean that the old technology will also be eliminated.
The use of bitcoin is increasingly massive, now more and more countries are legalizing bitcoin so this is a good sign that the future of bitcoin will be bright, I believe bitcoin will become a legal payment system in the future so that the value of bitcoin will continue to increase.
I understand some people's concerns though. Think of how much unemployment some of the changes you mentioned will bring. Robotics will replace employees who do hard labour. Amazon making people not to enter physical book stores anymore. But as for Bitcoin, that is a really valid change that will rather better things and even ease payment.
Also bitcoin has eradicate some elements of poverty across the nation, since the introduction of cryptocurrency especially bitcoin in year 2009 some people method of investment and methods of life has absolutely changed, so the Divine bitcoin brought is high From my perspective, so i don't really know what others are lamenting about bitcoin out there wether positively or negatively but what i really know is btc make some people to be self employed since they notice the important or it's advantages. 
For bitcoin and banks this will be difficult to happen, because they can work together so that nothing is replaced, from the past the bank is one of the exchanges that is always used around the world and this network is already very popular among the public, but for others it could be replaced because of the ever-changing global developments, and many people will hunt using the easier, And we don't know how it will happen so what we have to think about right now is to adapt to the development of the technological times, and we have to be on the right track.
•Bitcoin replacing Banks.
I don't think that it will happen in the future, there is no way for cryptocurrency to replace banks, government is against cryptocurrency, they wouldn't accept any decentralized system, but if though cryptocurrency will never replace fiat, I still don't care because I can still explore crypto world even though it is not yet accepted in our country and besides there is no way for them to ban cryptocurrency.Jump to: