Quote from: Weatherby on June 28, 2017, 09:22:54 PM

Quote from: AjithBtc on June 28, 2017, 06:20:33 AM

Right now we haven't got more of the direct bitcoin acceptance. As stated soon we'll have the increased acceptance in stores as well on our needs. This will surely decrease the usage of banks, because now most of the bitcoin users convert the bitcoin to fiat just because they don't get the chance of using it around their locality.

One thing i have to defer here is that even if bitcoin is accepted world wide then there wont be any decrease in the usage of banks because you need both fiat currency and bank to invest in bitcoin or any alt coin,so they will co exist in the future and it will be like that in the future.I am not sure i am able to reply to what OP is trying to tell here. Wink

If bitcoin is accepted by bank in a future then both will be exist like this. For example if you take your bitcoins in the bank account. Your bitcoin price is also going to be high and also according to price you are getting interest rate. So this is best way if bank accept the bitcoin both will be going very well.

How the bank will be going well for example if bank. If there are a lot of money is coming to bank by people as the price increasing of bitcoin like that bank will giving loans to people and take a reserve rate to Central bank.