What are the likely problems that cryptocurrency poses to the financial sector?

[jake zyrus]

I believe that financial sector sees cryptocurrency as a threat but not a major threat since there's still no mass adoption of it and majority of people still depends on financial sector such as banks. And since most people are afraid to this system due to its volatility, other factors, and also the lack of knowledge in cryptocurrency, I think financial sectors are still confident that people would still rely on the traditional ones.

[kelz1]

It doesn't pose a threat yet but that doesn't mean it won't in future. Traders will realise that there are better profits to be made trading crypto and switch over leaving other markets to dry

[PlusOne88]

I believe it doesn't create any form of problem to the financial sector. It may probably affect the economy if cryptocurrency are not used wisely but I believe  the government are really focusing their eyes on crytocurrency and how it may affect if there is any to the people. Any country monitors their economic status and nobody would surely sit down and do nothing if it does create something bad. We have heard about "trade wars" and this is just an example of the government looking at opportunities and possible crisis so that before things should happen worse the government is there watching over any actions done.

[eaLiTy]

Some say it doesn’t really pose any kind major threats to the financial system, since it’s too unstable to be accepted as a regular currency. However, others say it will totally disrupt the current model. What do you guys think?

It depends upon where you stand logically, if you are safeguarding your business because a better option is out which can be used by anyone in the world and trade without boundaries could disrupt some business enterprises and for them it will create problems  , other than that it is a better solution for everyone to trade internationally. Eventually the masses will understand the real value of bitcoin rather than its trading value.