Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
South Park
on 05/10/2016, 21:09:34 UTC
That is not going to happen in our life times!!  There are to many older people who do not trust much, let alone something they can not see such as Bitcoin.  There are also to many money hungry people out there who are not willing to let the money from bank fees go away.


I also do not think this is very gonna happen because its simply not easy to do and the bitcoin has than to fight up against a higher power and that is simply not reachable.

Bitcoin is too small in compare to the banking system as a whole and replacing banks is something out of the reach of bitcoins and banks will always be ruling the world even if bitcoin gets more popular in future.
Even with bitcoin taking huge investment and mass adoption, banks will keep with their service and control over the people money, as the countries rule that way. Bitcoin hasnt been made to replace anything just to return the power back to the people.
Yeah, there is no way around that, if most people feel good with that system let them; we will take advantage of this new technology that has empower us beyond belief.