Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on August 01, 2018, 04:54:15 AM

Title: Do you think Bitcoin can replace banking in the future?
Post by: Domithra on August 01, 2018, 04:54:15 AM
I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain. No one will prefer to transact with the banks by then.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Ryanpogz on August 01, 2018, 05:03:30 AM
You have a good mind. But it looks fuzzy that happens because the bitcoin is not stable the value, many will be affected if the value is high and go low. If banks accept bitcoin in the future, I still believe in it.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Master107 on August 01, 2018, 05:15:20 AM
To think that almost every people in the world are technological oriented. In fact even 1 year old can use technology. Sometimes children are good enough to use gadgets than the old. This all means it will be easier to accept and be adopted the bitcoin systematic approach to let the world of money change into crypto.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Mbah Jenggot on August 01, 2018, 09:46:24 AM
I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain. No one will prefer to transact with the banks by then.

Bitcoin is the best payment method. So I believe at the coming future Bitcoin can replace banking lets see.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Rivaldi Kunkun on August 01, 2018, 10:38:22 PM
basically in terms of profit and profitability far cryptocurrency far away give a lot of ease, but for the security, I think should still be further repaired. because it is still prone to once with a hack that would certainly be detrimental because this relates to asset wealth. so I don't think it will be a lot of need in the evaluation for crypto to replace the function of the banks themselves. Hopefully, future crypto to be better than this.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Pabloiscobar on August 02, 2018, 10:44:25 PM
There is a possibility , because bitcoin is very popular nownowadays, cryptocurrency is very useful and i think it is the future that it can replace banking.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Markjay11 on August 03, 2018, 03:07:44 AM
I think it's possible that bitcoin will soon become popular around the world so I think it's possible and you have a lot of possibilities to be true what your saying about because all know that bitcoin is more can do in the future like payment and pay at mall.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: bityndye on August 03, 2018, 03:28:03 AM
I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain. No one will prefer to transact with the banks by then.

Even though I hate the fact that banks are so demanding and strict, I don' thin it would be able to replace by bitcoin in the future because people would be having a hard time transitioning from fiat to digital currency. Besides that, technology is not capable of doing it yet and due to these limitations, bitcoin would just co-exist with fiat and banks would still exist then.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Crypto Guard on August 03, 2018, 10:39:35 AM
Bitcoin is actually difficult to replace bank functions as a whole. because, each country has different society and regulation conditions. So, to become one of the currencies, that might be. But to replace banks will be very difficult.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: dominoes on August 03, 2018, 02:13:43 PM
Hassle free is one to be offered once it happened. Banking system will not permit bitcoin to destroy their ways of saving. Banks will probably do some big chances.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: iamGemini on August 04, 2018, 12:44:28 AM
The fact that it is posible in the future to replace banking by bitcoin it is not that easy. For bitcoin to to that it is a herculian task one of the reason is bitcoin is not stable.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: therozaq on August 04, 2018, 04:45:17 AM
I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain. No one will prefer to transact with the banks by then.

Yes I believe it. Bitcoin and altcoins are the future currency, It will be needed at the coming future. They are best payment method.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Prime on August 04, 2018, 08:48:41 AM
Although bitcoin is popular and easier to use, but I think bitcoin cannot replace conventional bank functions. maybe, one of the reason is, bitcoin is unstable
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Negan on August 04, 2018, 10:56:41 AM
There is a possibility , because bitcoin is very popular nownowadays, cryptocurrency is very useful and i think it is the future that it can replace banking.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: dekafee79 on August 04, 2018, 10:58:25 AM
I do not doubt the fact that Bitcoin can replace banking in the future. As Bitcoin offers a lot of significance than the banks and moreover works in favour of the people, it has got all the potentials to win the interest of the people in the end when they get to understand the real concept behind Bitcoin and the Blockchain. No one will prefer to transact with the banks by then.

I think It will need several years again, Bitcoin will replace banking. Bitcoin is so popular and more potential.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: reaheart on August 04, 2018, 03:23:44 PM
Maybe, but think of it that, bitcoin is a digital currencies and only people who are using digital money have a privilege to access this kind of transactions. The government is the one who control the taxation of every company that runs in every country, and we know that bitcoin is a decentralize kind of business, i think the government will force to stop bitcoin because of many reasons that the government cannot earn it.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Huntler1993 on August 05, 2018, 01:01:05 AM
A time will come banks will dive into the crypto world, it might not be in their interest but their customers might demand for it. No wonder some banks have now tried to use some aspect of bitcoin which is the blockchain for their services.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Breadwinner on August 05, 2018, 01:42:31 AM
For now the way btc is booming with more investors coming into it, I think in some years to come btc will one way or the other take over the banking services.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: Joe Taslim on August 05, 2018, 03:16:30 AM
It might just happen, but may require quite a long time, remember to replace the function of banking is not an easy thing.
Title: Re: Do you think Bitcoin can replace banking in the future?
Post by: bxbxy on August 05, 2018, 04:22:52 AM
I do not doubt that it will happen in the future. Bitcoin offers more than banks and it is more profitable than any other banks. So there's no reason that bitcoin will never replace banks soon.