Quote from: saiha on November 20, 2016, 12:15:38 PM

Quote from: MarvelousAQL on November 20, 2016, 11:56:56 AM

Bitcoin being an E-curreny can't make bank dissappear; for one thing, here in our country Botswana, we get alot of power cuts, relying on online currency is a really bad thing. Its best to know that you have something physical to use even if the whole world goes internet dark.

That's the risk of digital money if the world will experience some unexpected scenarios such as mass power interruption.

Then it cannot be a good substitute for banking system for they still have the best system when this kind of scenario happens.

Unlike with bitcoin, it needs power,internet and computer.

The thought is very good friends. Indeed the banking is a system that will always live despite the bitcoin as financial rulers of this world or as the master of the economy. Because without the banking system all the things there are in the world is not going to go well and the maximum. And also without banking each country will certainly be difficult to count all the finance they get in and do a calculation of each Fund to be used