Will Banks Disappear??!!

in #dlive6 years ago

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Come hear my take on Banks vs Crypto and where I think we are headed to in the future!

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Banks will have to either join or die in this new digital economy. The ways of the world are changing right before our eyes and it's exhilarating!

it' s difficult to forecast the future of the bank.

I don't think so that it will replace bank


In asian countries like nepal ,india etc still the cryptocoin are illegal and I also think that the cryptocoin are illegal as the corruption are promoted by the cryptocurrency and also darkweb and deepweb are also enhanced. So , I think cryptocurrency wont replce bank as it hasnt got the future and requires support from bank

i agree with you

I would avoid overconfidence here. Yes, everything you said is true, but many in the west will continue to obey. Those who've been financially excluded by KYC, CTF and AML will use permissionless tech because they have no other choice. But the privileged minority will cling to their facebook and twitter because of authority.

The result is that we in the west may have a digital panopticon that is unnecessary because we foolishly underestimated the power of authority. The 3rd world will be those next to experience the spirit of 1776. This revolution is for them. America has become old England and king George is back.

I completely agree. Analysts tend to forget that some people does not even care about decentralisation at all as long as the service is fine and along with the network effects of banks, I would choose my words carefully here.

A day will come when banks need to take help of Crypto.

maybe that day we need wait longer time

Absolutely. Changes need to wait for longer time.

Bitcoin is a nightmare for the banks.all they wish that bitcoin must be vanish but they cant and its the future.

I don't think it is true i count bitcoin same asset as gold do you think gold is nightmare for banks?

yes finally Good bye to bank because we want only bitcoin & altcoin because they are future and i hope market will gain more up because 6 month ago market so down :) but end of year will be high bull up ^_^

I don't think that bank will disappeared Bitcoin will work as medium of exchange. And Fiat currency will be grow on their own space.

I agree with you

Kinda Informative :) & It Will Help Newbie A lot..

nice article i upvoted some of your posts. who need free upvotes and comments just follow and like my 5 posts

thanks for your upvote

Crypto have good feature but it can never replace bank in my openion what you guys thibk about my openion?

I agree with your opinion

Thanks, you are doing great work that's why following you on both youtube and steemit too. What you think when crypto arket can get big bull run like dec last year?

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