Can Bitcoin make Banks disappear?

[fravia]

It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.

no way, if you think that bitcoin will disappear before banks why you are here then? you should think that banks have no future

my honest opinion is that after a few decades everything will be possible and the only currency we will have might be bitcoins

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[Tasssty]

Bitcoin has the potential to change the shape of the economical world but the current system won't change easily and won't be a fast or instant process but a gradual slow process IMO.

[sachung]

Bitcoin is here to stay, it's the development and the future of currency, it's very reasonable that it will make banks disappear and change how the economical system looks like, it can change it but not now but overtime.

[DeDordtenaar]

It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.

keep calm mate. bitcoin will surely be popular just about the time. time will answer that bitcoin users is growing rapidly. you will see it

[FruitsBasket]

I hope that bitcoins goes mainstream.
It can take over banks, but how we can buy houses, loaning btc?
I don't know if everyone knows how to use btc, so that might be a problem aswell.

[diodio5]

Bitcoin has the potential to change the shape of the economical world but the current system won't change easily and won't be a fast or instant process but a gradual slow process IMO.

lol I highly doubt it will be that how small currencies like bitcoin the user only has about 2 million people. make changes in the world economy. lol
it's like impossible quite interesting to see the development of bitcoin. I will continue to monitor

[Imoote]

It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.

keep calm mate. bitcoin will surely be popular just about the time. time will answer that bitcoin users is growing rapidly. you will see it

Yes absolutely right bitcoin will surely be popular someday.
But it will not make banks disappear.

[zydus]

I don't think so. Bitcoin has a lot more to over come and one day it will be known and possibly be a worldwide currency but I doubt banks will disappear. I think it will still be dependent at some point with the bank.

[Pollak]

That will be only possible about 100 years. Because on this time people need to have their normal banks and that is really important for them.
I hope that more people will of course use Bitcoin. And you can also see now that the normal banks are reducing.

[ivanst776]

I do not think this will happen because the banks are just too big to do this, it would be awesome but its not possible.
Also the fact that too many people are depended on it for sure.

yes. people are depended on banks. that makes banks so strong. bank's won't desappear in early future. but it is possible after 10 or 15 years. because digital currencies are getting so storng. and they don't need any banks to store. every one can control their own money.. so may be after 15 years all banks will disappear.

[Dormund]

I think bitcoin can change the world in a way and make online payments way easier and simpler to perform than currently, Completely changing the economical system of the world is just too unexpected IMO.

[jchst]

Disappear would mean to the governments loose the taxes from  anyone who has a bank account,soo i doubt they will let the crypto world take care of their fees they use for several things.Bitcoin should act as credit and debit cards,just an amazing and new way to pay for anything you wanna.

[sachung]

The odds for banks to disappear and for the current financial systems to be changed completely with bitcoin is rather low, I understand that we all like bitcoin but changes in how the world works don't happen overnight that easily.

[bitbunnny]

I wish they could disappear but at this moment this isn't realistic. The economy of the whole world is tightly related to banks and banks are governin world's finances.

[ausbit]

No I do think this can happen in my opinion this is highly unlikely but we will see what is gonna happen of course because the fact is that its not to predict.
The banks are controlling the world and they have a lot of power that is why I do not think the bitcoin do it.

Agreed, I think its impossible that bitcoin can make banks disappear as even if bitcoin becomes more powerful currency in future many people would still prefer to use banks for their day to day transactions.

[a7mos]

This may happen in the future when people understand that they do not a third party to deal with each other. There would be no need for banks if people start to believe in peer to peer txs

[nostal02]

This may happen in the future when people understand that they do not a third party to deal with each other. There would be no need for banks if people start to believe in peer to peer txs

Currently most people are now believing in p2p trascantion and it makes their life easy.
Bit coin cant replace banks as it will still be used by large majority of people.

[delliaerd]

No, it doesn't. Based my view point, it is impossible that bitcoin can disappear the bank. Still many people who use bank service as well.

[FruitsBasket]

No, it doesn't. Based my view point, it is impossible that bitcoin can disappear the bank. Still many people who use bank service as well.

What if bitcoin gets very populair and gets known as the most secure currency that exists.
What will happen then according to you? Will banks still exist, ofcourse, but not the ones we know now.

I was thinking about bitcoin banks

[Cyber.R]

Just thinking, why would someone need banks for bitcoin?