Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is it the Future of Banking ?
by
TrumpD
on 21/06/2018, 14:08:42 UTC
i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

I think For the future, actually is a blockchain technology. Coins may change in the future but blockchain remains a major driving force. If the blockchain is tailored to our everyday transaction, it will replace the bank as we know it. You can store unlimited amount of coins in your wallet and have some wallets at that time. Transactions will be end-to-end. No more atm or savings book. But still long before this happened. It is the future technology.

I totally agree with you. I feel that the success of cryptocurrency is going to be based on the success of blockchain implementation in other sectors of life and industries first. Once the whole idea of a transparent ledger can be fully backed and utilized in government institutions and private companies, especially those who wish to do clean legal work, and are not afraid of audits, these same companies and institutions will then advocate that their monies be treated the same way. So I think more publicly should be given to blockchain and it's successes then we can start convincing people on why it should be used as everyday transaction for monies.