I don't think so that bitcoin can ever be in this position to be able to make the banks disappear. Bitcoin is like gold which is precious and have its usage within its limits as parallel way of payment processor or method to send and receive money with minimal efforts. Bitcoin will keep working in coexistence with banks.
I fully agree with your statements. But I would also say that bitcoin will not be able to influence the banking system at all, especially after banks took on testing and successful implementation of blockchain technology. But cooperation bitcoins and banks will serve to the loss of the users' position in the anonymity of their savings. 
Topic: Can Bitcoin make Banks disappear? - page 140. (Read 427614 times)
I don't think so that bitcoin can ever be in this position to be able to make the banks disappear. Bitcoin is like gold which is precious and have its usage within its limits as parallel way of payment processor or method to send and receive money with minimal efforts. Bitcoin will keep working in coexistence with banks.
Banks can't make bitcoins disappear since it doesn't depend on them at all, there is no way to stop bitcoin unless the price drops.
I think you've misunderstood the content, please make a recheck. Banks are the primary economy and financial service providers. In every nation Banks might have played a big role in Country's growth. So it's not that easy or an possible thing to make banks get replaced by bitcoin.So if one day all Banks accepted Bitcoin and dropped fiat then the whole Banking system would rely on Bitcoin only. When the price of Bitcoin goes down to zero dollars or just 0 then the all Banks will collapse within 24 hours.
It all depends on how well Banks diversify their money.
I gonna answer yes times go on the bitcoins is becoming so popular so i will not ne shock if it will be ise many many people and use it as the main money for paying things so when many people use bitcoins as they main wallet maybe the bank will be bankrupt and somehow loss costumer 🏦🏦🏦🏦🏦💰💰 but bitcoin can make banks disappesr but it does mean that it can it will.
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?
i feel can not , but many person in round not know about bitcoin .. very imposible that bitcoin can make bank dissappear "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 are not related to fiat. Banks use fiat money because this is the most used current currency .
Banks have used in the past gold and silver so they could easily revert or go to the next step which might be bitcoin.
But banks will be there even after bitcoin either is a success or is a failure.
And bank scams and bank failures will happen even if they will deal with bitcoins.
We have so many examples in the past with bitcoin heists ....
Banks have used in the past gold and silver so they could easily revert or go to the next step which might be bitcoin.
But banks will be there even after bitcoin either is a success or is a failure.
And bank scams and bank failures will happen even if they will deal with bitcoins.
We have so many examples in the past with bitcoin heists ....
No but it will get appreciate compare to real fiat currency due to countries start to legalizing the existence of bitcoin :*
Bitcoin will naver make banks disappear, that is just insane.
true the reason is very simple bitcoin will not be able to beat fiat because fiat is the main currency in each country and fiat will require banksIt's a possibility actually but for now the chances for bitcoin to make banks disappear is very low or in other words it is still impossible. For it to be possible, Bitcoin should spread its influence deeper and deeper so that it will increase the number of people who patronize (consumers or anything they call it) it from the way they spend money up to their culture for the paper money they have used up to today roots deeply to their culture and reflects the authority of the government to the rest of its jurisdiction.
I find some Bitcoin coin this day on internet which took to a progress , no one knows who is the real owner of bitcoin and the owner is just hiding on its alias name Satoshi nakamoto, so with the power of people they can make it happened because there are no owner (right now) that can claim and stop people to change it to fiat which will be more better.
bitcoin is currently not big enough and reliable for all communities. bitcoin might be able to compete with the bank, but I think bitcoin will not be able to make the banks disappear, because the bank is something big, and reliable is needed by the community.
Yes, I think it's possible but with the current bitcoin's ability, I think it's not enough to make the bank disappear. I do not think the governments of the countries will accept bitcoin, bitcoin can not control that is everyone knows, so it is unlikely that bitcoin will affect the banks. However, the future is unpredictable, maybe the future bitcoins will have big changes and it can make the bank disappear but all is just predictable, now we can only wait and hope for a better future of bitcoin
Banks, as a business model, will be replaced by something else, with the BTC and other cryptocurrencies help. Banks main profit comes from two things: fees and interest rates. Cryptocurrencies will have a huge impact on both, but especially on fees, by making several times cheaper to use them over the banking system. To survive, the banks will need to provide something different.
Bitcoin will naver make banks disappear, that is just insane.
true the reason is very simple bitcoin will not be able to beat fiat because fiat is the main currency in each country and fiat will require banksI always thought that the cryptocurrencies are revolution in finances world but saying that they might cause banks to bankrupt seems pretty stupid for me.
As we can see nowadays, banks are interested about new technology - blockchain what means some of them will try to reap a piece of "crypto" cake by getting into this new finance sector.
Obviously, banks see bitcoin as a danger for their fund transfer system, because it is totally out of their control, the regular citizen may avoid banking system by sending transactions in bitcoin, or buying things for everyday use by paying with BTC.
Banks are worried about cryptocurrencies, there is no doubt, but they have to implement new solutions to still attract clients to use their system instead of blockchain.
I think we might see banks in a crypto business in few years.
I really feel like I shouldnt post here because this question was answered thousands time already, but I had to show my point of view.
Bitcoin will naver make banks disappear, that is just insane.
true the reason is very simple bitcoin will not be able to beat fiat because fiat is the main currency in each country and fiat will require banks 
Banks can't make bitcoins disappear since it doesn't depend on them at all, there is no way to stop bitcoin unless the price drops.
I think you've misunderstood the content, please make a recheck. Banks are the primary economy and financial service providers. In every nation Banks might have played a big role in Country's growth. So it's not that easy or an possible thing to make banks get replaced by bitcoin. 
I will say very likely, this is because if the transaction we can control surely don't need the services of the bank. I'm optimistic the bank will disappear and one factor is bitcoin.
I am pretty sure that Banks won't just disappear because of Bitcoin. There is a good chance that bunch of Banks will be obsolete since there would be a low amount of people trying to use fiat to pay for something.Banks may try to incorporate Bitcoin into their payment system just so they could stay afloat and make money off of people's deposits. Bitcoin could work with Banks without causing them to do a bailout if most Banks were smart then they would all be rich already.
That is really ridiculous, bitcoin, a digital currency can't make banks dissapear, how.can these digital currencies remove banks on the job? And besides, bitcoin is just a digital currency, a secondary currency, which means money is still used even in the near future. Banks are for money, that is why bitcoin can't affect banks no matter what. I think if it will be affecting banks, it can be for greater good because it can implement the system banks now are using.
Today, fiat is at the top and bitcoin is being used by just a minority. We're just a couple of people when looked at from the bigger picture. But that can change after a couple of years because the growth of the population is exponential. One bitcoin user can recruit 2 non-bitcoin users and those 2 non-bitcoin users can recruit 4 non-bitcoin users (2 each) when they get into bitcoins. And so on..
When a decent amount of people are using bitcoins, then the banks might even be at a better place because every bitcoin user needs the banks to withdraw their money. Meaning, the banks will be used often than before bitcoin becomes mainstream.
But since the growth is exponential, there can be a point in time when bitcoin users has become too many that the stuffs that we buy can be bought in bitcoin terms and not only in fiat terms. Eventually at that point, bank will be used lesser since we can then pay in bitcoins directly. Thus, in the far far future, bitcoin can get rid of the banks.
tl;dr: In the distant future, the increase of bitcoin users will be of advantage to the banks. But when the number of bitcoin users blows up and the prices of items are based on bitcoin, we will be using banks less and less that will eventually lead to banks not being used at all.
Banks can't make bitcoins disappear since it doesn't depend on them at all, there is no way to stop bitcoin unless the price drops.
If anyone says banks disappear because of the bitcoin, then emphatically I say it was impossible, that could make the banks disappear is the government policy not another.
Banks will not disappear what ever happens because banks are required in our society to balance things like flow of the money and the storage of most of the money in the world, if there is no bank then the money of the world will be in danger and crimes will occur more often. 
If anyone says banks disappear because of the bitcoin, then emphatically I say it was impossible, that could make the banks disappear is the government policy not another.
It's near impossible for Bitcoin to destroy banks. Even if it did much better, there would be new banking systems centered around Bitcoin, as there are already edgy Bitcoin savings accounts like Freebitco.in have.
It's very impossible that bitcoin can disappear the banks. Look at the comparison, decentralized vs centralized. The people will choose with what's the government is backing up and that is going to be with the banks. Talking about disappearance of the banks, I don't think it will happen, they are one of the biggest need of a country.
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