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

Quote from: andrei56 on June 28, 2017, 04:37:02 AM

Quote from: asriloni on June 24, 2017, 02:27:27 PM

Quote from: andrei56 on June 24, 2017, 03:27:42 AM

Quote from: Oceat on June 20, 2017, 06:40:26 PM

Quote from: Md Saad on June 13, 2017, 04:28:16 AM

Quote from: Lieldoryn on June 12, 2017, 10:13:10 PM

Bankers can not influence the situation with bitcoin. Bankers can take an unlimited amount of Fiat money, but to have access to bitcoin they can't. Besides who wants to borrow in bitcoins if the price can rise to it. Such a loan can result in bankruptcy.

this is really complicated to differentiate between bitcoin and bankers. I think both have a different aspect, bankers are basically involved in the traditional banking and bitcoin is involved with the virtual area, but in the future, bankers also will deal with bitcoin.

Yea, bankers will have to deal with bitcoin in the future but bankers can not change the situation in bitcoins. Bitcoin is anonymous while banks is not, both of them has a different aspect concerning about the volatility in both areas.

Neither bitcoins or banks are anonymous, banks will require lots of information before they even allow you to even open an account, in bitcoin this is not the case but every single transaction is there for everyone to see, in the other hand banks only allow yourself and the authorities to see your transactions.

But the bitcoin will need the bank to make a gate for the fiat to get into the bitcoin. I think all of the bitcoin users are need bank to do that. The verification of your id to prevent the money laundering and criminalities.
Every bank around the world will do that.

As bitcoin becomes more accepted as a currency around the world then the need to convert your bitcoin to fiat using a bank account will diminish also you can convert your bitcoin to fiat without the use of a bank account by exchanging bitcoin for cash in a face to face trade.

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.

Yes that is right, and i agree. For now and in near future people will need banks for exchanging bitcoin to fiat currency, and i guess nothing more. Because of fluctuation who sane would take credit from bank in bitcoin Cheesy

. But why i say in near future, well we all know how bitcoin works, and for paying and dealing with bitcoin in day to day life we do not need banks. But still, some people will need banks for safe keeping their bitcoins.