Post
Topic
Board Bitcoin Discussion
Re: The day will surely come Banks soon accept Bitcoin
by
St4yInTh3D4rk
on 24/07/2018, 08:34:03 UTC
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.
Bitcoin created to destroy the centralized system which literally means banks then why should they accept bitcoin?

Even if they open services regarding storing the bitcoin we should avoid them because we will lose the freedom of using our money again and someone will take control over our money so it is not a good thing to happen though.
This is the main concept of this technology, to make a decentralized system and destroy the old banking system but I think we still need bank for some transactions so if they also adopt the system its ok for me to try it as long as I control my money. Its not worth it to put your money in the banks, so invest it and have transactions with the banks for a loan processes.
We need the banks only to convert our crypto currency into fiat money but if we adopt to the new decentralized crypto system we don't need the banks anymore we can spend our bitcoin directly into the stores at that time.Getting loan from the bank and bank accept bitcoin both are different?