Quote from: grobura on April 23, 2017, 05:07:16 PM

Quote from: BitcoinPanther on April 22, 2017, 07:16:52 PM

Quote from: Supercrypt on April 22, 2017, 06:46:21 PM

Any entity without reasons will not survive and I believe this is time for banks to change themselves. By considering bitcoin as game changer, we can expect the total banking concept itself may get fade away. When people are not finding their comfort with banking system, it would be obvious that banks will lose their dominance.

Hmm, Banks exist because of a reason, certainly bank will survive. They are critical for to the stability of world wide financial system and the government themselves won't allow it to collapse. We can see Bitcoin long faded but Banks, never.

Central Banks maybe losing control at this point but they are always evolving, changing policies and rules to adopt for the current situation, they are even backed by the government legislation to make sure that they are always strengthen. Once they had adjusted, they will again regain control.

I also think that the banks will survive. They are controlled by the government. Banks control the distribution and flow of maternity money. Without them, the functioning of the monetary system is no longer possible.

It actually goes the other way around: banks control the government. These endless, bloody wars are being financed by banks in order to gain more and more money on their stashes. Also, do you think that most of the powerful leaders really act on their own for their country's sake? Think again. These blokes are actually acting holy so that people would entrust them more and in turn, keep the banks lessh on us people for more generations to come. For 300 or so years we are being controlled; the money we thought is ours is actually owned by them, and it ultimately ends up to them.