I think that it really depends what you mean by 'bank.' If you are talking about entities that serve a retail customer base, I think that in the fullness of time an entirely new type of operation will be born.
Bank is part of the old paradigm. There are certain reasons a central entity that trade passes through adds value, for instance if I want to loan money today, but Sasha only shows up to borrow that amount of money 2 days later, a 'bank' will manage the transactions so that both people's needs are meant. But there are a whole lot of things associated with banking like the concept of
fractional reserve capital management that will no longer have meaning. This freaks the living jizz out of central banks, governments and the old guard in equal measure.
So I believe new types of entities will arise from the crypto-economy that will have some of the properties of banks, but will be entirely new entities. What that will look like?... well I'm not clever enough to imagine it. But I will enjoy seeing what the amazing brains of the crypto-culture will come up with.
I am already amazed by some of the things I am seeing.
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