Banks will die.
bitminer2049er
How? We will still need banks. It really doesn’t matter if they are loaning us dollars or bitcoin they will still make their money.
Aaron Michael
I’m not scared for the banking industry, I despise it and there’s not much that would make me happier then to see the entire Banking industry go under and every greedy piece of human feces who took part in it, LOSE EVERYTHING THEY STOLE through fractional reserve banking. They ought to be banished from the planet.
keeps happining
I kinda with you on your response, the freaking banks with their crap interest rates on our money. while they take our money and make billions off it, your right they suck!
Animaniac
Glad to see other hardened soldiers on the front lines of this
keeps happining
“knock banks out” thats a stretch! many years before being competition to banks, which give them ample time to make arrangements for coexistence. The thing to watch is when government steps in, korea is the place to watch regarding that.
Animaniac
Every evil empire meets its demise eventually… Goodbye, banksters.
Stewart Dodson – not so smart!
But seriously, who cares what the “VP of Amarillo Nation Bank” (woo-hoot) says? He’s obviously trying to plug the holes with his fingers before the ship sinks. Dark Web – who the heck even remembers that!
It is a grand day to know that the Financial Empires are trembling with fright and I am looking forward to their demise. Banks never lived right nor treat their customers right and so they shall have no more fun. Bitcoin shall take Banks down the road to doom. So long Empire Of Evil!
1, if you do not want to be eliminated, you need to cooperate with Bitcoin. 2, if you want to work with Bitcoin, first of all you need to find the real father of Bitcoin. 3, 3, as you know, after the release of Bitcoin can not be controlled by anyone. Banking and Bitcoin cooperation can only be established in the future development of Bitcoin. 4, simply, the cooperation between the banking industry and the real parent of the Bitcoin will be able to create a better future. 5, 5, the banking industry can also be combined, and then cooperate with those who want to steal the right of the Bitcoin. 6, however, there are two problems: the first, the union of global banks. The second, you will eventually fail, you can not find a better future. The future of the world. Maybe you can find short-term financial prosperity – just like China’s stock market! Haha ~
Sam Sam (ByteTheBit)
While brick and mortar banks as we know them may cease to exist, though I think they will just morph into accommodating for and providing services for cryptocurrencies along with fiat currencies, the powers behind the banking cartel will not go away. These evil people will continue to devise new ways, through regulations, in order to game the system, eek their ungodly profits off the backs of the world’s population and to continue to maintain their overarching economic cartel and control over all nations.
Central banking lives just fine in the crypto world. The gold standard will work just fine in the crypto world. And block chain works just fine in the crypto world. And savings and loan business works for all crypto currencies, as they are all bearer cash and automated savings and loans will be existing everywhere in the crypto world, except in pure cash we cannot bet time, all interest charges are asynchronous and adjustable, as needed to keep loan to deposit variance within contract. Everything we consider traditional banking moves to the crypto world, the sandbox, and they all work with much greater efficiency. When we spend bitcoin, we will spend from a BofA or Wells Fargo side chain, and we will make intyerst bearing deposits and interest charging loans, with bitcoin. The banks have no need to put all transaction on blockchain, hey will use the ledger service when our trading bots decide to do so, or when we request it. Otherwise, bitcoin works exactly like the crypto dollar.
Otherwise the entire pure cash network is completely automated, no humans allowed, interest charges computed by computation, just like the exchanges match sell and buy orders. All your deposits and loans managed by a trading bot under contract by us. All the tradebooks managed by the pit boss bot under known contract, all congestion priced.
Ask yourself, what has bitcoin priced? Ledger fees and that is it, other prices are determined in the tax dollar and converted. Bitcoin cannot price shit without a savings and loan operation, someone needs to understand this fairly quick.
“We need magic rubber funny money.”