Can Bitcoin make Banks disappear?

[Jaxon1234]

Yeah I don't get why people are saying that banks will all collapse because of Bitcoin.Banks will stay forever because of regulations and normal business practices. In most of Europe, it is impossible to get a phone line without a bank account.

[Matthew1968]

it is unlikely the bank will disappear and be replaced with bitcoin . because bitcoin is not a financial institution . yah the bitcoin currency .Fiat is fiat and banking system will not disappear. But bitcoin, by it's increased users and more advantages, can surely stand a strong opposition to fiat and banking system.

[Harvey1960]

I would like to see that happen, disappearing of banks sounds great. But unfortunately that will not happen. For me its hard to predict what will banks do about and with bitcoin but for sure they have some plans. Besides that, millions and millions of people are still depending on banks. Even though mass adaption would do a lot to bitcoin, not nearly enough people will adapt to bitcoin.

[sandaru]

If banks disappear that means fiat currencies also disappear. But it is not that simple because all the human lives are dependant of fiat currencies. But it's sure banks would store bitcoin.

[buhchain]

It may cross cut the Bank’s share market value in Finance and world share market. But I don’t think so It will replace the bank completely.i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction

I also think that after the Bitcoin is accepted by the state, the bank may also set the relevant business processing window.

[marites]

It is imposible to disappear all the  banks.
People uses a fiat money,.
 as long as they use it..
bank will remain as a bank.

[melted349]

It may cross cut the Bank’s share market value in Finance and world share market. But I don’t think so It will replace the bank completely.i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction

I also think that after the Bitcoin is accepted by the state, the bank may also set the relevant business processing window.

For my opinion this is not as what may banks dissappear for but make some other way also on how this may improve for i am agree on it for that it was makes a lot of good things for.

[pratik.korde]

I don't think banks will be disappear because bitcoin cannot change money fully. many peoples uses only fiat money. in many countries financial operations based on banks. We know bitcoins are popular right now. But bank will be bank no one can replace it.

[loof99]

Yes, the bitcoins can disappear all banks in the whole world. Actually that is the biggest fear and threat of all commercial banks in the whole world.
The achievements and excellences of bitcoin gives them have problem in their existence in the industry.

[SergeYak]

I don't think so because many banks are protected by governments and will not dissapear for sure. But at my opinion bitcoin can change banking system.

[buhuchain]

It may cross cut the Bank’s share market value in Finance and world share market. But I don’t think so It will replace the bank completely.i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction

I do not think that bitcoin can replace banks. Banks are the means by which the state regulates economic markets. No country will let the national economy out of its control. Bitcoin is decentralized and uncontrolled. Therefore, bit It is impossible for a currency to replace a bank.

[FUD Expert]

Banks are going to end like Toys R Us. The toys are like the middlemen bankers that we won't be needing once people start accepting and using cryptocurrencies on their everyday lives. They are going to close most of their branches and only few will stay operating.

[Crypto4K]

Banks are going to end like Toys R Us. The toys are like the middlemen bankers that we won't be needing once people start accepting and using cryptocurrencies on their everyday lives. They are going to close most of their branches and only few will stay operating.

It's a matter of acceptance. That's all. As soon as this happens - BOOM.

Toys R Us!!!! 

[zefirka26]

cкopee вceгo этo нe пpoизoйдeт, в cвязи c тeм чтo биткoйн нe cмoжeт пoлнocтью cмeнить нaличныe, a ecли дeньги ocтaнyтьcя тo, бaнки тoжe бyдyт paбoтaть.

[Apollo18]

Perhaps the current collapse of bitcoin is due to the fact that banks are Strike Back.

[Trela]

It may cross cut the Bank’s share market value in Finance and world share market. But I don’t think so It will replace the bank completely.i think bank will follow the technology current and maybe in the next generation there will be banks that receive bitcoin, so it can make people to have an easier transaction

I do not think that bitcoin can replace banks. Banks are the means by which the state regulates economic markets. No country will let the national economy out of its control. Bitcoin is decentralized and uncontrolled. Therefore, bit It is impossible for a currency to replace a bank.

Yes, the government need to have the banking system to manage the economy. Actually the nature of Bitcoin is against the banking system. Decentralized network to make the banking system get more troubles to collect more information, data about user and help the world becomes absolutely private, but very transparent.

[CryptoWriter]

Banks will never disappear. I firmly believe in a synthesis between traditional banking and blockchain technology

[MilesMoses]

Bitcoin has a long journey ahead to became available and legal over the world. We will always need bank in order to receive loan, salary,  invest in market etc...

[zmerol]

I believe someday bitcoin will be replace the fiat but bank will be exist, as we know that some bank and other economic organization are interested on technlogy behind the bitcoin of course the blockchain, maybe they will build their own cryptocurency, but to adopted bitcoin officially i think it's imposible due to their principal against bitcoin. It might be possible in future but hard to digest that banks can ever get disappear due to any digital currency, as banks are the strongest financial institutions and difficult to get disappeared.The bank is the one holding/ regulating fiat and without the bank the value of fiat that we use will never be determined. I think even if bitcoin became a world currency, bank will stay for some reason.

[Gintas0873]

Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy