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    Author Topic: Can Bitcoin make Banks disappear?  (Read 427679 times)

    • Imoote
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    February 25, 2016, 04:44:36 AM
     #501
    Quote from: mrflibblehat on February 24, 2016, 07:30:43 PM
    Quote from: mickiya on February 24, 2016, 06:41:08 PM
    Quote from: btc-facebook on February 24, 2016, 02:36:52 PM
    Bank safe our money , online & offline wallet handle our bitcoin.
    They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...

    I think it is very good opinion. Banks can do a lot of things than the bitcoin can do. They will use bitcoin.

    I look forward for the time banks will use bitcoin but I don't think that will happen soon. They don't like to not being able to control things.

    I think bank would not use bitcoin as bank has its own system for managing money.
    Very difficult to make use bitcoin bank because both are so much different.

  • btcltccoins
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    February 25, 2016, 06:27:27 AM
     #502
    how can it possible for bank, i m hundred person sure Bitcoin is helpful for banks.

  • dupeddonk
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    February 25, 2016, 08:44:58 AM
     #503
    Bitcoin makes many things possible, but not invisibility.

  • MaxTax
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    February 25, 2016, 12:36:28 PM
     #504
    Quote from: Imoote on February 25, 2016, 04:44:36 AM
    Quote from: mrflibblehat on February 24, 2016, 07:30:43 PM
    Quote from: mickiya on February 24, 2016, 06:41:08 PM
    Quote from: btc-facebook on February 24, 2016, 02:36:52 PM
    Bank safe our money , online & offline wallet handle our bitcoin.
    They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...

    I think it is very good opinion. Banks can do a lot of things than the bitcoin can do. They will use bitcoin.

    I look forward for the time banks will use bitcoin but I don't think that will happen soon. They don't like to not being able to control things.

    I think bank would not use bitcoin as bank has its own system for managing money.
    Very difficult to make use bitcoin bank because both are so much different.

    Yes I think so too. That cant be possible. Many people need some normal banks. Some people doesnt even know what Bitcoin is.
    So how it is possible to make the banks disappear. First we must introduce Bitcoin to them and that it is maybe possible later in the future.

  • darewaller
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    February 25, 2016, 06:14:33 PM
     #505
    Quote from: ampere on February 24, 2016, 10:44:17 AM
    Banks are stronger institutions since the past, and no digital currency can make it disappear either at present or in the future, banks will be more stronger in future.
    Banks are strong. But if banks need to be stronger in the future, then they should make a system and work with bitcoin, because the world is being moved to digital world, and bitcoin is currency of digital world. So, adopting bitcoin is going to be inevitable for banks.

  • thejaytiesto
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    February 25, 2016, 06:21:59 PM
     #506
    I don't think banks will ever disappear because a lot of people don't trust themselves, so they like to put their money into someone's hands under a contract, so they manage their money for them so if they screw up they can have someone to blame to but them, of course then when the government take their money and they can't do nothing about it they will complain.

  • knowhow
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    February 25, 2016, 07:26:19 PM
     #507
    Banks in the future will be offer something to who hold bitcoin,some investment as they wanna and can easy work with that.These said would be more easy banks offer service related  to bitcoin then they disappear.

  • jokerrj
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    February 25, 2016, 10:57:34 PM
     #508
    Quote from: thejaytiesto on February 25, 2016, 06:21:59 PM
    I don't think banks will ever disappear because a lot of people don't trust themselves, so they like to put their money into someone's hands under a contract, so they manage their money for them so if they screw up they can have someone to blame to but them, of course then when the government take their money and they can't do nothing about it they will complain.

    Banks would be surviving for sure, no crypto can make them disappear as people have more trust in banks and they would never trust any digital currency as they trust the banks.
    Looking for a long term signature campaign. Pm me

  • kartaggen
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    February 25, 2016, 11:28:53 PM
     #509
    Quote from: jokerrj on February 25, 2016, 10:57:34 PM
    Quote from: thejaytiesto on February 25, 2016, 06:21:59 PM
    I don't think banks will ever disappear because a lot of people don't trust themselves, so they like to put their money into someone's hands under a contract, so they manage their money for them so if they screw up they can have someone to blame to but them, of course then when the government take their money and they can't do nothing about it they will complain.

    Banks would be surviving for sure, no crypto can make them disappear as people have more trust in banks and they would never trust any digital currency as they trust the banks.

    Yeah banks are the most traditional systems that we have and we can find maximum users of banks which have more faith in banks and they would continue to use the same.

  • iamthesky
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    February 26, 2016, 12:57:18 AM
     #510
    Quote from: BlueStackz on February 24, 2016, 02:24:50 PM
    Quote from: matete on February 24, 2016, 01:41:10 PM
    Banks have taken quite long time to establish. Furthermore, banks perform different functions which will keep them going. As it stands, bitcoin is known by a very small percentage of the global population. Therefore, it will be unrealistic to claim that bitcoin will make banks disappear.
    The replacement of banks with bitcoin will not take place overnight, but within a century it may occur as people will prefer and move to new and advanced technology always.


    Yeah we can find substitute for banks in next century but that doesn't mean that bitcoin will make banks disappear as we don't know whether bitcoin will survive till next decade or not, so thinking of next century is too long.

  • doctor877
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    February 26, 2016, 01:35:43 AM
     #511
    Quote from: iamthesky on February 26, 2016, 12:57:18 AM
    Quote from: BlueStackz on February 24, 2016, 02:24:50 PM
    Quote from: matete on February 24, 2016, 01:41:10 PM
    Banks have taken quite long time to establish. Furthermore, banks perform different functions which will keep them going. As it stands, bitcoin is known by a very small percentage of the global population. Therefore, it will be unrealistic to claim that bitcoin will make banks disappear.
    The replacement of banks with bitcoin will not take place overnight, but within a century it may occur as people will prefer and move to new and advanced technology always.


    Yeah we can find substitute for banks in next century but that doesn't mean that bitcoin will make banks disappear as we don't know whether bitcoin will survive till next decade or not, so thinking of next century is too long.

    Very rightly said mate, I think that banks are here to survive and no digital currency can make them disappear and if it does it needs a strong and valid reason to do that.

  • Nemesis099
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    February 26, 2016, 02:44:11 AM
     #512
    Quote from: doctor877 on February 26, 2016, 01:35:43 AM
    Quote from: iamthesky on February 26, 2016, 12:57:18 AM
    Quote from: BlueStackz on February 24, 2016, 02:24:50 PM
    Quote from: matete on February 24, 2016, 01:41:10 PM
    Banks have taken quite long time to establish. Furthermore, banks perform different functions which will keep them going. As it stands, bitcoin is known by a very small percentage of the global population. Therefore, it will be unrealistic to claim that bitcoin will make banks disappear.
    The replacement of banks with bitcoin will not take place overnight, but within a century it may occur as people will prefer and move to new and advanced technology always.


    Yeah we can find substitute for banks in next century but that doesn't mean that bitcoin will make banks disappear as we don't know whether bitcoin will survive till next decade or not, so thinking of next century is too long.

    Very rightly said mate, I think that banks are here to survive and no digital currency can make them disappear and if it does it needs a strong and valid reason to do that.

    What would be the scenario if banks starts accepting bitcoins? Is it really possible? As I am not sure that can happen some day as bitcoin is threat to a banking system.

  • Imoote
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    February 26, 2016, 06:54:50 AM
     #513
    Quote from: Nemesis099 on February 26, 2016, 02:44:11 AM
    Quote from: doctor877 on February 26, 2016, 01:35:43 AM
    Quote from: iamthesky on February 26, 2016, 12:57:18 AM
    Quote from: BlueStackz on February 24, 2016, 02:24:50 PM
    Quote from: matete on February 24, 2016, 01:41:10 PM
    Banks have taken quite long time to establish. Furthermore, banks perform different functions which will keep them going. As it stands, bitcoin is known by a very small percentage of the global population. Therefore, it will be unrealistic to claim that bitcoin will make banks disappear.
    The replacement of banks with bitcoin will not take place overnight, but within a century it may occur as people will prefer and move to new and advanced technology always.


    Yeah we can find substitute for banks in next century but that doesn't mean that bitcoin will make banks disappear as we don't know whether bitcoin will survive till next decade or not, so thinking of next century is too long.

    Very rightly said mate, I think that banks are here to survive and no digital currency can make them disappear and if it does it needs a strong and valid reason to do that.

    What would be the scenario if banks starts accepting bitcoins? Is it really possible? As I am not sure that can happen some day as bitcoin is threat to a banking system.
    I think bank will not accept bitcoin but let as a competitor. I think it is quite impossible for banks and bitcoin was so different that I think can not be to put together. But I do not know how in the future, for sure, if it happens will definitely be a big change in bitcoin.

  • bitcoin-hunter
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    February 26, 2016, 08:20:59 AM
     #514
    Quote from: Imoote on February 25, 2016, 04:44:36 AM
    Quote from: mrflibblehat on February 24, 2016, 07:30:43 PM
    Quote from: mickiya on February 24, 2016, 06:41:08 PM
    Quote from: btc-facebook on February 24, 2016, 02:36:52 PM
    Bank safe our money , online & offline wallet handle our bitcoin.
    They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...

    I think it is very good opinion. Banks can do a lot of things than the bitcoin can do. They will use bitcoin.

    I look forward for the time banks will use bitcoin but I don't think that will happen soon. They don't like to not being able to control things.

    I think bank would not use bitcoin as bank has its own system for managing money.
    Very difficult to make use bitcoin bank because both are so much different.
    That will not happen. That cant be possible. Maybe it will be possible in the future but around this time it wont be happen.
    We all hope later that it will be possible. But some people now dont even know what Bitcoin is and that is the problem.

  • romero121
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    February 26, 2016, 08:36:23 AM
     #515
    If you calculate the percentage of banks getting disappear, only to the maximum 3% will support or agree on this statement.
    Bitcoin needs much more years to increase the adopters and make people get out of the banking zones.

  • Bitcoinbro
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    February 26, 2016, 10:06:56 AM
     #516
    Quote from: Imoote on February 26, 2016, 06:54:50 AM
    Quote from: Nemesis099 on February 26, 2016, 02:44:11 AM
    Quote from: doctor877 on February 26, 2016, 01:35:43 AM
    Quote from: iamthesky on February 26, 2016, 12:57:18 AM
    Quote from: BlueStackz on February 24, 2016, 02:24:50 PM
    Quote from: matete on February 24, 2016, 01:41:10 PM
    Banks have taken quite long time to establish. Furthermore, banks perform different functions which will keep them going. As it stands, bitcoin is known by a very small percentage of the global population. Therefore, it will be unrealistic to claim that bitcoin will make banks disappear.
    The replacement of banks with bitcoin will not take place overnight, but within a century it may occur as people will prefer and move to new and advanced technology always.


    Yeah we can find substitute for banks in next century but that doesn't mean that bitcoin will make banks disappear as we don't know whether bitcoin will survive till next decade or not, so thinking of next century is too long.

    Very rightly said mate, I think that banks are here to survive and no digital currency can make them disappear and if it does it needs a strong and valid reason to do that.

    What would be the scenario if banks starts accepting bitcoins? Is it really possible? As I am not sure that can happen some day as bitcoin is threat to a banking system.
    I think bank will not accept bitcoin but let as a competitor. I think it is quite impossible for banks and bitcoin was so different that I think can not be to put together. But I do not know how in the future, for sure, if it happens will definitely be a big change in bitcoin.
    It can makes bank reduce. But the banks wont disappear and that is good for the older generation people. That will not happen.
    But Bitcoin will be more popular of course. But people need also some normal banks. Dollar is just still popular.

  • mickiya
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    February 26, 2016, 01:03:42 PM
     #517
    Quote from: Imoote on February 25, 2016, 04:44:36 AM
    Quote from: mrflibblehat on February 24, 2016, 07:30:43 PM
    Quote from: mickiya on February 24, 2016, 06:41:08 PM
    Quote from: btc-facebook on February 24, 2016, 02:36:52 PM
    Bank safe our money , online & offline wallet handle our bitcoin.
    They completely different and have separate function. IMO bitcoin never make bank disapper except it must having a crucial reason to take that decision, for example : if your local currency weaker badly depend when you're holding bitcoin ...

    I think it is very good opinion. Banks can do a lot of things than the bitcoin can do. They will use bitcoin.

    I look forward for the time banks will use bitcoin but I don't think that will happen soon. They don't like to not being able to control things.

    I think bank would not use bitcoin as bank has its own system for managing money.
    Very difficult to make use bitcoin bank because both are so much different.

    If it can save them money and make them more profit, then they will do it. it is simple intention for them.

  • bitlancr
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    February 26, 2016, 03:45:16 PM
     #518
    That will not happen. But I think that will not happen so fast. That is not so good for the people.
    I think that more people will use also normal banks. And they dont know how to use Bitcoin.

  • CryingMidget
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    February 26, 2016, 04:02:52 PM
     #519
    Quote from: bitlancr on February 26, 2016, 03:45:16 PM
    That will not happen. But I think that will not happen so fast. That is not so good for the people.
    I think that more people will use also normal banks. And they dont know how to use Bitcoin.

    Even I am thinking the same, bank will not disappear. may be bank will accepts bitcoin as a one of mode of payment.

  • extrabyte
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    February 26, 2016, 04:08:57 PM
     #520
    Quote from: CryingMidget on February 26, 2016, 04:02:52 PM
    Quote from: bitlancr on February 26, 2016, 03:45:16 PM
    That will not happen. But I think that will not happen so fast. That is not so good for the people.
    I think that more people will use also normal banks. And they dont know how to use Bitcoin.

    Even I am thinking the same, bank will not disappear. may be bank will accepts bitcoin as a one of mode of payment.
    Include me in your team guys.. I also don't think banks will disapear. I think it will never  happen. banks have their own importance
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