Quote from: Sniper44 on August 04, 2016, 04:39:01 PM

Quote from: virasisog on July 25, 2016, 05:14:48 PM

Quote from: Ryananda on July 24, 2016, 11:35:16 AM

Yes I think the bank will not adopt bitcoin as I am sure the bank continues to issue its own system. Bitcoin will not make disappear the bank because the bank has the power of government and as a reference for the economy of a country.

If the banks are allowed to use the bitcoin, they will use it. As that will cut their operating cost and make more profit.

banks will only use bitcoin if it is profitable for them somehow, otherwise bitcoin is threatening their existence and can potentially replace them.

also so far they have only shown interest in adopting the blockchain not the bitcoin itself.

It is true that banks somehow threatens some functions of bank, but, do you know banks are clever? Even at disadvantage, people managing it can actually make it to their advantage. That is how fluid banking system when it comes to making profit is. they can adopt to at least any situation if it favors them.