Then comes the hero in disguise Bitcoin the hero as I call it has made out transactions safe and untraceable keeping both parties anonymous provides more security and also no double pay you only pay a transaction fee while sending funds
Bitcoin has become a hero for us, not only because it maintains higher privacy, because it is decentralization, but on the other hand also because of the benefits that we can take from Bitcoin, it is really very helpful and has become a hero for me when it is really needed, Bitcoin has helped a lot people, including myself personally and this is not only about privacy that can be maintained, but more than that... The point is that if we can use Bitcoin well, then Bitcoin can really be a hero, in various ways.
My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
I don't think it will.
It cannot be denied that Bitcoin is a very important thing in private transactions. However, if it were to eliminate the banking system, then this would be very difficult to happen. EByearsfor how many hundred years later=an. but for now or in the next decades, I am not very sure if Bitcoin will be able to erase and replace the banking system in all aspects. because, banking is very complex, not only banks d=to bank in every enagra, but there are big powers in both banks, so they will never let this happen.
However, if it is a means of transaction, this is still possible, so in any case, Bitcoin still coexists with banks and their systems. Because so far, there are still many countries that prohibit Bitcoin as a means of exchange or transactions in these countries.