Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
1Referee
on 17/10/2016, 09:05:16 UTC
The banking system is too stable that bitcoin take its place. I was thinking about the contrary, that bitcoin wouldn't survive.

Bitcoin will survive. Mainly because of the fact that there is a need for something like Bitcoin. It's a multi purpose tool that people love. It's a currency too, investment tool, store of value too, it allows you to avoid dealing with banks and governments, etc. Only benefits.

There is no doubt that bitcoin offers us multiple benefits and we are making best use of it but there are many people who are not aware about it and are comfortable in using traditional banking system.

It's not a problem that people continue with using their banks since I do the same as it's not all that bad, but I am quite sure that the further we are with Bitcoin, that more and more people will appreciate Bitcoin for the features that it offers. People not yet knowing about Bitcoin only shows that we can gain plenty of ground in the world.