Quote from: Imoote on September 10, 2016, 03:57:13 PM

Quote from: icecube45 on September 10, 2016, 12:58:17 PM

Quote from: batang_bitcoin on September 10, 2016, 09:33:45 AM

Quote from: Crypt0kn1ght on September 08, 2016, 05:24:27 PM

banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power

Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.

Bitcoin is not possible to make the banks disappear because I think they are different. Bitcoin is a crypto so it only applies to the internet while the bank used and are used by many people in their daily lives. Even if bitcoin will boomed it will not change the progress of the bank.

Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.

If to say about banks in real life, the material part of them(building,workplaces and
other material assets) is just infrastructure. You can run different business logic on the same infrastructure. Now this infrastructure is being used to run traditional bank logic but it could be "reprogrammed" to crypto era reality

Crypt0kn1ght

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