Can Bitcoin make Banks disappear?

[greBit]

That is not possible. Many people need their banks and you can change that. It is very important for them so it cant disappear.
I hope that more people will of course use Bitcoin. That will be very good. But you never know what can happen with the value.

it is not impossible, but it is very difficult, many banks currently storing valuables, one drawback of bitcoin is that he can not keep valuables and bank security more leverage in comparison with the current bitcoin

Yes it is impossible for bitcoin to make the banks disappear because we do not have any bitcoin outlets or physical saving center where people can store their valuables like they do in banks and i don't think banks will let bitcoin overtake them because banks will become more vulnerable when more people starts using bitcoin.

[Nameless Coin]

It cant make them disappear. A lot of people need their banks. Bitcoin is not even that popular so why do you think that...
Of course it will be reduced later in the future. But you never know what can happen later. And Bitcoin is becoming more popular so that is very good.

[Kollor]

The answer is clearly a big "NO"... banks are well established, while bitcoin is just starting out its journey.. banks may also try a technology almost the same as the bitcoin technology, and might probably develop it with lesser flaw..

[nejibens]

I think we need both banks and wallets because till now we need the banking services to promote better the Bitcoin and convince more people to support it as we can convert it into fiat easily

[Hellacopter]

I don't think that Bitcoin can make banks disappear because people still needing the banking services to even purchase and trade the Bitcoins online , so i think both banks and bitcoins will be used and supported

[randy8777]

I don't think that Bitcoin can make banks disappear because people still needing the banking services to even purchase and trade the Bitcoins online , so i think both banks and bitcoins will be used and supported

of course bitcoin can't make banks disappear. not sure why people still think this is even possible. bitcoin is nothing more than an alternative to our fiat money. governments will never allow something to take over where they don't have control over the whole economy. control is the most important thing for them.

[n0ne]

It won't happen in a short time or too. Making banks disappear is like not using money for our daily needs.
Bitcoin is known to only a few percentage of people. Also to stop banking services no one will support.

[apriyoni]

It won't happen in a short time or too. Making banks disappear is like not using money for our daily needs.
Bitcoin is known to only a few percentage of people. Also to stop banking services no one will support.

The bitcoin will make the banks more profit if they adopt it. It will cut their cost quite a lot and make the service more flexible.

[HostSurf]

It won't happen in a short time or too. Making banks disappear is like not using money for our daily needs.
Bitcoin is known to only a few percentage of people. Also to stop banking services no one will support.

The bitcoin will make the banks more profit if they adopt it. It will cut their cost quite a lot and make the service more flexible.

Bitcoin will take profits away from banks, but banks will always be there. There are just to powerfull to blow away.
In the end their monopoly will reign for century's.

[MyBTT]

It won't happen in a short time or too. Making banks disappear is like not using money for our daily needs.
Bitcoin is known to only a few percentage of people. Also to stop banking services no one will support.

The bitcoin will make the banks more profit if they adopt it. It will cut their cost quite a lot and make the service more flexible.

There aren't enough people using Bitcoin yet. And how would they make any profit, people would still buy Bitcoin from exchanges.

[BitsandBites]

It won't happen in a short time or too. Making banks disappear is like not using money for our daily needs.
Bitcoin is known to only a few percentage of people. Also to stop banking services no one will support.

The bitcoin will make the banks more profit if they adopt it. It will cut their cost quite a lot and make the service more flexible.

Bitcoin will take profits away from banks, but banks will always be there. There are just to powerfull to blow away.
In the end their monopoly will reign for century's.

I don't think that banks will ever be gone. They are just too big. Most of them control the financial markets
And their power/ influence

[dhimasnk]

I do not think so. The Bank is one important part in the world economy

[MTBTT]

I don't think that banks may disappear even bitcoin is on high demand. Still banks will operate at this times, but banks may operate or transact with bitcoins. This kind of conclusion may happen in the future or sooner. I am actually looking forward for more business with bitcoin..

it might just happen. when bitcoin began widely used by people in over the world, it is not impossible that. the bank will also be support for storage bitcoin or transactions using bitcoin

[Mr. Big]

I do not think so. The Bank is one
important part in the world economy

Yeah that is true, investors use it very much, even us, we have bitcoin but most of us has a bank account...even if bitcoin goes mainstream, I think bank would always be there and might probably be using the same technology as bitcoin...

[CryingMidget]

I do not think so. The Bank is one
important part in the world economy

People don't understand the real power of the Bitcoin network. cut the banks, refuse devaluate and inflationist currencies. People earn too much,  make actually, to use Bitcoin at is real value and utility.Keep saving bitcoin to make big profit.

[ajun96]

I don't think that banks may disappear even bitcoin is on high demand. Still banks will operate at this times, but banks may operate or transact with bitcoins. This kind of conclusion may happen in the future or sooner. I am actually looking forward for more business with bitcoin..

if the demand of the market is huge. The time course bitcoin already dominate the market just as COMMODITIES. instead of currency. this is just my prediction. because most bitcoin users are investor or trader. so I'm confident with it. banks will not disappear or cooperate with bitcoin although big demand

[darewaller]

I do not think so. The Bank is one
important part in the world economy

But bitcoins can themselves have their own bank and the tax saving feature would be able to attract a lot of customers. When bitcoins get more popularity, the importance of banks may diminish over time.

[Whosdaddy]

I do not think so. The Bank is one
important part in the world economy

But bitcoins can themselves have their own bank and the tax saving feature would be able to attract a lot of customers. When bitcoins get more popularity, the importance of banks may diminish over time.

The important part of world economy is no longer enough to compete with digital world. That is the point where the problem for banks starts. The bitcoin's popularity may make banks disappear for sure.

[justspare]

Banks and Bitcoin are here to stay. But that doesn't mean that banks are going to disappear just because of Bitcoin.

[Imoote]

Banks and Bitcoin are here to stay. But that doesn't mean that banks are going to disappear just because of Bitcoin.

Yeah right I believe that the bank will not disappear because bitcoin because I think they are different and are not interconnected. Any later bitcoin will not affect the bank and vice versa.