Post
Topic
Board Economics
Re: what will happen to banks?
by
richkellj
on 22/10/2017, 19:21:51 UTC
I do not think there will be any disadvantage from it all, the bank will only update and evolve according to the changing times, and bitcoin runs as usual, but in my opinion not everyone uses bitcoin for a small transaction, and they use it more as a place to invest or trade, and I think the bank is quickly adjusting itself to modern times by adopting blockchain technology, so as not to lag behind the latest developments and seek some information to make use of it


Happen to bitcoin are the, I think it will bring some new innovation for the banks itself. and who knows, by doing this, the banks can reach more people without having any border between the country. but it is need time for the banks to realize that crypto currency can brought new changes to them and they need to learn more about bitcoin Are happen to bitcoin.


Happen to bitcoin are but it is need time for the banks to realize that crypto currency can brought new changes to them and they need to learn more about bitcoin. but for now, I think the bank will remain like this and until there is any statement from the government about bitcoin legal or not and this will happen to bitcoin.

Banks will not adjust to bitcoin that's for sure. What would probably happen is governments will try make regulations to make bitcoin fit with the current system rather than the other way around. Though bitcoin's not going to make it easy for them
We need to understand this thing that banks are only meant for paper money. They are having no direct relation with crypto currency. There is no way that we can see a society either without banks or paper money.

Paper money is the basic need of this society and so is banks. Banks come under the control of government and there is no chance that we can experience a society without banks or anything like that.