Re: Bitcoin is it the Future of Banking ?

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

Not all people believe in bitcoin, they will choose banks to store their money. Other thinks bitcoin was scam and not legit. It is free will to judge somebody or anything so we can't do anything about.

Most of the keep listening to their bankers that's why they choose to save their money at the banks, and also the banking systems has been there for more than centuries and its hard to trust something that came only a couple of years and making people rich over time.

I don't agree with the idea asked in the topic. Bitcoin is not the competitor of the banks, bitcoin is the competitor of all the investment methods in the world. That's it and we should agree with it soon, without losing more time.

Currently its look like so but in future when banks will also accept bitcoin as legal currency the we can expect that banks will also start accepting bitcoin and epeople will be using bitcoin for transaction through banks. i am hopeful that it will happen very soon, because most of the governments are now thinking about to convert bitcoin as legal currency. Because bitcoin is the future of all the currencies and in moder time we are expecting that all the people will be giving more preference to online currencies.