Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
From all indications, the government of the countries who are afraid of adopting the Cryptocurrency/Bitcoin are afraid of change which is inevitable. I don't see Banks being totally eradicated but there will be an adoption and synchronization of the blockchain technology.