Can Bitcoin make Banks disappear?

[imoet]

I think it is really impossible to be happen. Bank is always needed by all people all over the world. Bank already control so many aspect in life. Because real money always be need too. The real money have strong connection with bank. So, I doubt if bitcoin can make bank dissapear.

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[gracedungso]

No..bank will never disappear and replace by bitcoin..there were bank that can offer like loans where bitcoin is just a safekeeper..

[Nivir]

No..bank will never disappear and replace by bitcoin..there were bank that can offer like loans where bitcoin is just a safekeeper..

Maybe crypto banks will replace the old ones and will start a new financial system. But I don't know how it happens as governments will also try to grip.

[Senja Kemuning]

I think this will never happen, the banks will survive in such difficult conditions, if the banks survive despite World War 1 and World War 2 then that is surviving even though bitcoin users reach 99% of the total world population.

[Maryqueen Finez]

Banks will always be needed. Since we need institutions in which people can come and put their money or other valuables and be sure of their safety.

I agree with you today, but if Bitcoin will have a great improvement in the future in terms of Security, Loans and ETC. I think or maybe Bitcoin make banks disappear but it does not immediately happen because I think there are also many improvements in their service that banks going to do for them to do not lose in the industry.

[SWONG]

If leave the legal money how to decide the value of bitcoin? Do you think any country party leader allowed bitcoin control the country’s economic? So I don’t think bank will disappear, and Blockchain not just used on coin, this just part of use it can not replace the legal money!

[stevano]

im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...

the same thing happens in my country too, bitcoin prices are high but the users are still few because still not many know about bitcoin, in because there is still prohibition against payment using bitcoin

[TheBestEver]

We gonna have crypto banks instead of current ones. They can get transfered if they are smart enough.  and they will because they are.

[dhka]

I think it is really impossible to be happen. Bank is always needed by all people all over the world. Bank already control so many aspect in life. Because real money always be need too. The real money have strong connection with bank. So, I doubt if bitcoin can make bank dissapear.

From you current perspective with current condition
You dont know what crypto would bring to us in the next few years. There is nothing impossi le in crypto

Looking at 2017 progress, at this rate I believe something big will be coming, I am thinking of crypto mass adoptio  finally starts this year, fingers crossed

[Ziskinberg]

im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...

the same thing happens in my country too, bitcoin prices are high but the users are still few because still not many know about bitcoin, in because there is still prohibition against payment using bitcoin

If there are prohibitions then you cannot expect the users to grow, in fact this will decrease because what they are doing is against the law.
That is some of the scenarios that I am afraid to happen in major countries where bitcoin is so popular as for sure it will affect the price and will give bad impression to new comers, I hope the government are open for change and they will embrace this kind of chances that would benefit the people.

[naufals4]

bank can't be disappear from this world cause it's the most important thing right now to withdraw money or transfer, even if the bitcoin replace the transfer money bank will find another way or upgrade their system so the people will use bank. Now bitcoin can't replace the function of bank cause this bitcoin is not popular among people.

[Bondho Kompeni]

If bitcoin users continue to increase as it did in 2017, then I'm sure that the presence of bitcoin will make banks disappear and it does not seem to take long for this to happen.

[AmazingDynamo]

If bitcoin users continue to increase as it did in 2017, then I'm sure that the presence of bitcoin will make banks disappear and it does not seem to take long for this to happen.

for me no , why? many people uses fiat money because of lack of knowledge using bitcoin , i think many rick people who save in banks would no longer use bitcoin as theie banks because they were not interested holding cellphone or using computer so for me bank will still exist as they and no reason for them to disappear.

[kuia]

Bitcoin can 't make the bank disappear, also can saying is bitcoin has not developed to the extent that can let the bank disappear, the bank is one of the country 's most important department in charge of the country 's economic lifeline, bitcoin is not recognized now, so bitcoin is difficult to replace the bank.

[CoinMaker7]

I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.

totally agree on this

[ftraders]

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[Xw73]

If bitcoin users continue to increase as it did in 2017, then I'm sure that the presence of bitcoin will make banks disappear and it does not seem to take long for this to happen.

for me no , why? many people uses fiat money because of lack of knowledge using bitcoin , i think many rick people who save in banks would no longer use bitcoin as theie banks because they were not interested holding cellphone or using computer so for me bank will still exist as they and no reason for them to disappear.

I agree with you. Banks will never disappear even if bitcoin improvement in the future in terms with their security to prevent them from being stolen or copied.

[Bezobraznike]

If bitcoin users continue to increase as it did in 2017, then I'm sure that the presence of bitcoin will make banks disappear and it does not seem to take long for this to happen.

for me no , why? many people uses fiat money because of lack of knowledge using bitcoin , i think many rick people who save in banks would no longer use bitcoin as theie banks because they were not interested holding cellphone or using computer so for me bank will still exist as they and no reason for them to disappear.

I agree with you. Banks will never disappear even if bitcoin improvement in the future in terms with their security to prevent them from being stolen or copied.

   I agree with people who said that banks in the way we know them will disappear, that
must happen. There are more reasons for that, and biggest ones are Bitcoin and crypto-
currencies.
   Traditional system has many flaws, and people start to see that. That is one of the
reasons why Bitcoin is gaining so fast popularity, people feel sick to watch rich get
richer without any work.
   Bitcoin together with crypto-currencies can make banks to disappear, it is just a
question when.
   

[EVYFZ]

I think not. All spray will.

[Tukang Becak]

Many people and governments are worried about the development of bitcoin, and even banks are expected to be directly affected by bitcoin, as the use and transaction of bitcoins is increasing rapidly and unpredictably.