Can Bitcoin make Banks disappear?

[fransbenotius]

It cant happen because bank is available to help people in economic, I think bank wont dissapear but it will change and tranform to accept bitcoin or there will be special bank to store bitcoin. And its already happen when we look project bounty who have a lot investment or banking for cryptocurrency

[1715242351]

1715242351

[ghost07]

It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?

Banks will never let go but they can adjust or upgrade their system. They can adjust to our cryptoworld they will accept it as a currency but they will never let go.

[Sky5678]

Yes this is such a very good time to invest in Bitcoin cause we cannot deny the fact that anytime soon, its price will be better than what it is right now we should be aware that Bitcoin's volatility helps this platform to improve itself. It was few years ago since the time that we are supposed to be investing here, not only profit but the time and effort that we are should giving here to earn .

[wasaisi]

Banks will change or go under but they won't go away. But it will change and tranform to accept bitcoin or there will be special bank to store bitcoin. Slowly and hopefully this will become a more common thing. Bitcoin as a threat and they're willing to do anything to wipe bitcoin out.

[randyboy]

It may other bank disappear but not all theres other banks can compet to the banks comeout now all other bank who was compete now they find other way to be part of the popular currencies that also comeout in my country there are banks that accept bitcoin but not like other digital banks do so for now they improve how blackchain works.

[Din Di]

Banks won't disappear. They will just change over the time but it will not change the fact that there are still a lot of people who don't know about the world of bitcoin yet and they are also depending on banks for multi-purposes.

[junrecana]

I think banks will not disappear because of bitcoin. Because where we can widraw our bitcoins if there's no bank. we can transfer bitcoin but for now many countries uses their own currency like my country so i need to widraw bitcoin and exchange it to our currency. Maybe if your country or all countries will use bitcoin as the new currency the banks will find other ways so that they will remain

[josepher123]

A BIG NO..because other people dont believe in bitcoin... because its not the nature of money they use to... banks will be always there because people who believe or store money there is always there...