Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on October 07, 2018, 10:41:11 AM

Title: Can Bitcoin be more efficient than Bank transactions?
Post by: Domithra on October 07, 2018, 10:41:11 AM

This is what scares the banks because they know Bitcoin can be a major disruptive element to their services. Bitcoin transaction offers good security, fast transaction speed and user control which eliminates all third party interruptions which further delays banks transactions.

Title: Re: Can Bitcoin be more efficient than Bank transactions?
Post by: Rivaldi Kunkun on October 07, 2018, 11:55:31 PM

I think this might just happen, bitcoin offers a lot of ease in completing a few things, even future bitcoin capable of delivering more than it is today.

Title: Re: Can Bitcoin be more efficient than Bank transactions?
Post by: Bica on October 08, 2018, 12:28:14 AM

Banks have long been afraid of Bitcoin. Now there is a revolution in the world of economics in my opinion. Bitcoin can change not only the economy but also our world in general.

Title: Re: Can Bitcoin be more efficient than Bank transactions?
Post by: bitpation on October 08, 2018, 10:44:01 AM

Bitcoin is indeed created as a digital currency that uses the Blockchain technology system which means a decentralized financial system. This will make it easier to transact and save costs than transactions at the bank. That is very clear, therefore the Bank is now afraid of the development of Bitcoin.