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Topic: Will banks disappear because of cryptocurrency? - page 32. (Read 64424 times)

member
Activity: 308
Merit: 10
Precisely because of the rapid growth of electronic money over time, the bank will have difficulty in raising capital and lending. ICO projects are now mushrooming. So I think the funders will mobilize through the ICO channel
jr. member
Activity: 420
Merit: 1
Are you seriously deep down dreaming about the collapse of the banking system ?! No, this will not happen, at least in the near future.Rather, the cryptocurrency will be integrated into the banking sector and will be only an addition.
full member
Activity: 546
Merit: 100
No , I don't think banks will disappear because of cryptocurrency . Banks will exist and crypto will also exist .
Bitcoin is very volatile and it can't replace fiat but it's just my thoughts and many others , we do not know what will happen in the future, everything can happen.
jr. member
Activity: 210
Merit: 1
Alphateca.com
I think it will not affect on the banks. not everyone understands cryptocurrency and I think cryptocurrency is more suitable to be a investment because it will more profitable. so many people have been successful in the world of cryptocurrency. it will take a long time for cryptocurrency to become the real money.
full member
Activity: 1204
Merit: 102
it seems impossible. because banks are important for everyone. crypto will not be able to replace the bank's function at any time. and certainly the bank will always make innovations that will benefit its users. one example might be that they will integrate their technology with blockchain.
member
Activity: 336
Merit: 15
I think banks will adopt to new technologies and markets and will use them for profits.
jr. member
Activity: 223
Merit: 1
Nope, never a cryptocurrency will replace the national currencies that which operate banks, the states will never allow this to happen. I think that the cryptocurrencies will remain only digital assets.
Jpt
jr. member
Activity: 374
Merit: 1
No I do not think so that cryptocurrency will replace banks completely. I think that both of them are distinct in feature and they will go hand-in-hand rather. So  one should get rid of false notion that they are enemy with each other and one should destroy another. If both go together, it will be good for all of us.
full member
Activity: 821
Merit: 100
Volare.network
banks will always be there, because without the help of banks it is difficult to exchange crypto to fiat. currently many banks are starting to integrate their platform into blockchain technology. recently a bank in my country has started to develop blockchain technology. so the bank won't die, they will always adjust.
member
Activity: 392
Merit: 10
Ccfound
i thought so, because cryptocurrency was the biggest threat for banking industry. in my country most of government and public bank are start to develop their financial technology, after seeing how huge are crypto enthusiast in cryptocurrency and digital currency. and i think because people are start to realize that cryptocurrency are the future of currency and has many advantages compared to fiat or other currencies.
member
Activity: 749
Merit: 13
I think not,because not all people will understand the world of crypto or blockchain, people "lay"  would be more select with what more public use. But do not rule out the possibility the two will compete or just walk beside.
jr. member
Activity: 266
Merit: 1
It can't, bank will forever exist nothing will lead to disappear of bank it have is own purpose and can crypto have is own purpose ... they are two different things ok
newbie
Activity: 13
Merit: 0
I believe that many banks will cooperate with the government, so they will not go bankrupt. I believe that this industry will develop in other directions in the future.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
That is the motto of the bitcoin inventor but it will or not based on how it is going to be used by the people,since many people were using it for trading then banks are indeed until that,so banks will disappear when bitcoins accepted as direct payment.
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
Mass adoption for cryptocurrencies is so weak that today we don't tell about bank disappears. While their well-being does not threaten anything from this side. Implementations in the massive application are superficial. Many people don't hear or afraid use crypto. And with such volatility I understand them
MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Banks are looking into blockchain and cryptocurrency to implement in their systems and products. Giant banks aren't just going to go away that easily.
newbie
Activity: 70
Merit: 0
I don't think that will happen. When it comes to trust and assurrance, bank has it. Cryptocurrency is great especially in gaining profits and how it innovates the world but it cannot replace the bank's reputation and foundation.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
No they won't, crypto is still new and it will take a long time until there will be adoption and bank won't be that stupid to wait and do nothing. They will find a way to implement blockchain to their system and stay relevant for the future and it's not like people will leave bank once crypto is here, bank is useful for a lot of things.
newbie
Activity: 84
Merit: 0
I did not see a reason for bank to dissapear because of crypto currency. The last, bank will have there own blockchain. Bank contain people with investment enthusast, people that can turn impossibility to possible. So I see no reason they will dissappear unless bank makes crypto to disappear.
newbie
Activity: 188
Merit: 0
No it cannot be because banks for the long time theyre still there from the beginning and for many decades they were our partners in money eversince,,,they will only adopt the functions of our newly cryptocurrencies,and i know banks will do some ways to make it more better for the community.
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