Bitcoin could only make banks disappear if they accept Bitcoin and then the price per Bitcoin drops down to zero.
No, with the current situation, it is difficult to bitcoin to zero, bitcoin is growing and more accepted by the people. However, to accept bitcoin is a difficult thing for banks. The bitcoin technology will be very complex for the bank to switch and accept it. 
Topic: Can Bitcoin make Banks disappear? - page 134. (Read 427614 times)
Bitcoin could only make banks disappear if they accept Bitcoin and then the price per Bitcoin drops down to zero.
Bitcoin probably cannot make banks disappear simply because bitcoin is not owned by the government that they approved bitcoin for exchange to the banks. But bitcoin can make their own banks to store their bitcoins there and that is not illegal.
A likely consequence is that large financial firms will take an interest in the cryptocurrency business, looking to diversify their offerings and broaden their client base. The earlier they start adopting cryptocurrency and integrating it into the banking system, the better for them. It is here, widely accepted and there is nothing that can be done about it. The worst that could happen in any country is imposing strict laws on the usage of cryptocurrencies and last time I checked, that isn't even a problem.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
If we're going to talk about the gained interest, bank is nothing but garbage in that game. They can give us about 0.5% for 90 days and that's really really low. If you bought bitcoins in 2016, your money has already doubled by now. That's the good thing about something that doesn't have a stable amount. You can cash out whenever you want or even set an exit point.
Many company trust the banks because it has been the traditional way of having transactions. Supposed that bitcoin came in before the banks, people will also trust bitcoins. It's just a matter of seniority.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks can also provide service based on bitcoin. In fact that will make them more profit as the cost is lower.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Banks are making profit on bitcoin exchange in my country. I don't think it will dissapear, but the business model could be different after many years.
It's true, as all BTC we will turn into a fiat in exchange to the bank, but I'm more skeptical about this, because the exchange system looks so perfect and flawless, I think bitcoin will make their own bank, or forcing conventional banks to adopt licensing artificial them in the future. It looks nothing like a threat, but it will shake the world economy massively.
Cannot, the bank is the official institution that full supported by the Government's, all done through the bank such as economic policy. bitcoin can't possibly eliminate and make the bank disappear even though used en masse.
Correct and also the goal of bitcoin is not to make banks disappear, the goal of bitcoin is to allows to have an alternative to the banking system and that is something we can do already, although with some difficulties but as time passes it will become easier.
Absolutely no for me impossible to happened even bitcoin was so successful and we know that it is very cool to really have a bitcoin or maybe have a bitcoin wallet it is more cooler that a bank or else but many country dont accept bitcoins or it's currency maybe they know the risk of this government are aware of this can be use illegally . And we all know bank are connected to the government and that where money and exchange rate are being control.
Cannot, the bank is the official institution that full supported by the Government's, all done through the bank such as economic policy. bitcoin can't possibly eliminate and make the bank disappear even though used en masse.
Correct and also the goal of bitcoin is not to make banks disappear, the goal of bitcoin is to allows to have an alternative to the banking system and that is something we can do already, although with some difficulties but as time passes it will become easier. 
No banks would exist whether bitcoin becomes popular or not.But user volume would get considerably reduced for banks.Already,banks have started to face revenue loss which they used to get from transactions due to bitcoins.Global digital bank WB21 has started to accept bitcoins.In future,other banks may also start accepting bitcoins to survive in the market.
What if the government banned its own bitcoin, bitcoin development would be disrupted and may be many people who will not accept bitcoin as the prohibition of government?It is not easy to ban the actual use.
and its not easy too to change what people been used in doing for a long time, there might have small changes or adaption to acquires but in the end they will still go on the things that does not require more technical process, they might always consider having banks for they trusted it for long that studying the system of bitcoin, we bitcoin users may be contented on btw can offer now that using built banks for we already knew the process ,so if not all were in use in bitcoin ,real banks will not disappear.
No banks would exist whether bitcoin becomes popular or not.But user volume would get considerably reduced for banks.Already,banks have started to face revenue loss which they used to get from transactions due to bitcoins.Global digital bank WB21 has started to accept bitcoins.In future,other banks may also start accepting bitcoins to survive in the market.
What if the government banned its own bitcoin, bitcoin development would be disrupted and may be many people who will not accept bitcoin as the prohibition of government?It is not easy to ban the actual use.
No banks would exist whether bitcoin becomes popular or not.But user volume would get considerably reduced for banks.Already,banks have started to face revenue loss which they used to get from transactions due to bitcoins.Global digital bank WB21 has started to accept bitcoins.In future,other banks may also start accepting bitcoins to survive in the market.
What if the government banned its own bitcoin, bitcoin development would be disrupted and may be many people who will not accept bitcoin as the prohibition of government?I have to say it is quite possible, if the bitcoin on legal by the government then the bank transaction will drop, everyone will switch to bitcoin because proven better than other payment systems including banks.
I know bitcoin have the possibility to make disappear the bank but the bank in favor by the government and the one thing that the government knows that bitcoin has that potential and certainly the government would never legalize bitcoinBitcoin is not that powerful yet that it can make banks disappear which are the biggest financial institutions we have and also banks holds support from the Government so Government will never allow bitcoin to replace the banking system.
It is not powerful then it can make the banks disappear? What are you trying to say? Let's say that bitcoin is not that powerful so it won't make the banks disappear. The government of a country is not going to agree if ever there's a threat of making the banks disappearing, because it is a very important body of a country.
That's correct Government will never support bitcoins as it can be threat to their national currency and no Government will be interested in seeing that any digital currency replacing its major currency and if that happens then Government will loose all their control from the money.
Don't say that government will "never" support bitcoin, there will be some exceptions that there would be time that they are going to support. But when it comes to threat of the whole nation, they are not going to show mercy on bitcoin. And I really can't see a chance that bitcoin will ever have the chance to replace banks in the circulation.
The Government might not accept Bitcoin as the only payment inside their Bank because the whole Bitcoin thing is kind of new to them. Since Bitcoin is doing many updating and bug-fixing from the users and the developers within Bitcointalk and other places, there should be a few Banks trying to have it added into their payment system to help it flow along with the regular Fiat within their Company. If there was Banks that only accepted Bitcoin they would really have to rely on the citizens of the world in order to survive.
If I'm not mistaken there is a country and it's central bank is thinking or I don't have an update if they are actually accepting bitcoin for their banking service or payment. They might consider bitcoin as another payment method for those people that demands for it but remember that they aren't going to focus on it.
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