Post
Topic
Board Altcoin Discussion
Re: Can blockchain replace bank?
by
jossiel
on 12/09/2018, 01:20:50 UTC
I'll replace your question and I guess its better if you'll ask this "Will the banks use blockchain technology?"
 
I doubt it that the banks will be gone in the future though we got crypto, we can fully ignore the banking system and stick to crypto's as no need for an application to open a bank account, no requirements needed and no more waiting days of creating our own bank accounts. Our wallets are already our bank accounts.

There's also a tendency that the bank will join this crypto revolution as they have no choice to compete against it.

Nice one sir, thanks Grin Grin
Welcome but don't call me sir. Smiley

I've told this yesterday to someone on the Beginners and Help section I just don't feel to be addressed that way.  Smiley

Most likely banks need to apply blockchain technology, but it seems to me that they are unlikely to go for this!
They will and they are starting.

CITIGROUP CREATES NEW NEW NON-CUSTODIAL BITCOIN PRODUCT