Quote from: madwica on November 07, 2016, 04:31:49 AM

Quote from: 8Habits on November 07, 2016, 04:13:44 AM

Quote from: batang_bitcoin on November 07, 2016, 01:25:38 AM

Quote from: rickbig41 on November 07, 2016, 12:20:20 AM

Quote from: virtualkeybuyer on November 07, 2016, 12:00:02 AM

I don't think that it will disappear banks as banks are already have much works to do and their work is not only to store money for people but they are also maintaining the financial affairs for governments and for different organizations.

The bank's tie with the government is the one that keeps it surviving and not just the money... That is why it will be difficult for bitcoin to make banks disappear, bitcoin could only substitute the money but not the other transactions that banks are holding...

Surely it will be hard for bitcoin to make the disappearance of banks in the scene. And you are right with it because of sovereign power of banks that they are connected and being controlled by the government. But it depends to the banks if they will allow bitcoins to enter the scene or make an adoption for the usage and services of bitcoin.

We should always remember that bitcoin is just an alternative for using fiat money online. There are people that doesn't prefer bitcoin as a form of online transaction and thus banks will always be there. This is also the same with bitcoins, there are people that prefers using bitcoin to some of their online transactions and thus they will only need bitcoin wallets however, they still have their bank accounts for other transactions that most need it.

Agree with you mate that bitcoin is an alternative currency that we can use in online transaction, Bank still there and much trusted to used in all transaction it may online or offline transaction and it is much usable for the big transaction that people made.

That is true mate! Wink

Glad that we have the same outlook with regards to gambling. There are other people that always tend to complicate things - they go to extreme scenario like banks will going to disappear

They don't stick with the very basic and just enjoy life and technology that makes life easier and comfortable