Quote from: Moeda on December 05, 2018, 08:36:07 PM

Quote from: Mkpez on September 11, 2018, 10:18:05 AM

The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?

I think the bank is still functioning well in conducting local transactions, because if we exchange crypto with conventional money, we need a bank. Blockchain helps to conduct international level transactions at low cost.

the sole purpose of the creation of cryptocurrency is to be a currency, but it's inevitable to say that there's some disadvantages of using bitcoin like the acceptance is still quite low, however what's wrong if blockchain could replace that traditional thing? as long as it can run just fine.