Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin replacing the future banking system ?
by
mak2017
on 26/05/2018, 17:25:09 UTC
I was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

Bitcoin blockchain could be used for future transactions with money, but not bitcoin itself.
Governments and banks already testing blockchain in their needs, performing test transactions from one country to another using blockchain.
One of reason to do so is, human factor - with usage of blockchain there will be no human mistakes in payment operations.
Highly unlikely that governments will use bitcoin for transactions, as they can't control it, as well as highly volatile price of this asset.