Can Bitcoins Survive Without Bank Or Any Financial Institution?

[countryfree]

Have you ever heard about drugs? The cocaine market in America is larger than the whole BTC capitalization and it works without any bank, nor any financial institution. I've heard it's growing, with more and more customers each year, despite the fortune the US government spends on fighting it. It's all illegal and runs 100% with cash, and the government cannot stop it despite the dealers working in the open every night.

If the drug business can thrive, I have no doubt BTC cannot be stopped by anyone.

[Pab]

Lets make that opposit.: Can  Bank Or Any Financial Institution  Survive Without bitcoin
Answer is still yes,but techology is coming and together with technology change is coming

[pedrog]

It cannot, at least for now.

Exchanges are the most common way to get bitcoin, they're the doors to the network, if an exchange loses his bank account it's done, at the moment you can't do much with bitcoin alone, you need some bridge to use it in the wider economy.

[ausbit]

Didn't start with a bank, didn't grow with a bank and I highly doubt it will need a bank in the future to survive.

I can say yes Bitcoins can survive without any bank or any financial institutions help. Because itself started its life cycle without any need of bank and that is the speciality of Bitcoins and its degital wallet.

[knowhow]

Didn't start with a bank, didn't grow with a bank and I highly doubt it will need a bank in the future to survive.

I can say yes Bitcoins can survive without any bank or any financial institutions help. Because itself started its life cycle without any need of bank and that is the speciality of Bitcoins and its degital wallet.

How we deposit our fiat into online wallets as paypal?As i know we need banks to be able to credit our balance i dont know any other way,soo bitcoin without banks now its possible but hard,as we will have to work with others services like wu.