No, it can not. As long as they will be state-issued money (likely to be forever) they will be banks. This does not mean that they will stay away from Bitcoin.
That is the truth and government issued currency will be here and it wont be replaced by anything and long as we trade and use currencies banks will be their and ecosystem is entirely different as one is a centralized way of storing your asset while the other gives you complete control over your assets. 
Topic: Can Bitcoin make Banks disappear? - page 155. (Read 427614 times)
If it was possible, I don't think it would happen anytime soon. I can't see it happening in any possible foreseeable future at least. It definitely is a possibility if you look at what bitcoin can accomplish and what it's all about but it would be hard to convince the majority of people to not have a tangible currency that you can't actually hold in your hands.
No, it can not. As long as they will be state-issued money (likely to be forever) they will be banks. This does not mean that they will stay away from Bitcoin.
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
Bitcoin will become more popular, and users will also become even more. But this is not the figure that will be talking about what will be the main currency bitcoin. Bitcoin will work in his element, and people will keep their money in banks, and continue to receive a salary of Fiat on bank cards. That still does not change. 
Bitcoin can never make banks disappear because of more than many reasons. Bitcoin is not designed for this so banks were afraid at some point from it but when they realized that Bitcoin has its limited circle of use they went back. Bitcoin will survive as online payment processor and mean of payment but it is not threatening banks at all.
Moneylenders engaged in lending money on the security of or engaged in trade for many years ago, and the banking system with such roots very much learned to stay afloat and bitcoin will not be able to sink the banks in general. They have different challenges and opportunities. 
Bitcoin can never make banks disappear because of more than many reasons. Bitcoin is not designed for this so banks were afraid at some point from it but when they realized that Bitcoin has its limited circle of use they went back. Bitcoin will survive as online payment processor and mean of payment but it is not threatening banks at all.
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
Banks don't have to disappear since it is too much of a dream that bitcoin would make them disappear... They are strong, they play roles in the society and in the economy, while bitcoin only play one aspect of banking, which is the money... Banks do more things than just holding a money or releasing it... They process many things, now, bitcoin has no capability to do it yet ( the function of banks )...
Banks disappearing = Bitcoin controlled. We should live with these banks around us, that doesn't hurt us in any way. We just keep using Bitcoin, and no more banks. Why stop people who might be in need of a loan? Let them go to the bank and get one while we are doing things on our own.
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
Banks don't have to disappear since it is too much of a dream that bitcoin would make them disappear... They are strong, they play roles in the society and in the economy, while bitcoin only play one aspect of banking, which is the money... Banks do more things than just holding a money or releasing it... They process many things, now, bitcoin has no capability to do it yet ( the function of banks )...
Banks disappearing = Bitcoin controlled. We should live with these banks around us, that doesn't hurt us in any way. We just keep using Bitcoin, and no more banks. Why stop people who might be in need of a loan? Let them go to the bank and get one while we are doing things on our own.
I think that banks and bitcoin have nothing in common. They are not competitors and can coexist with each other.
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
Banks don't have to disappear since it is too much of a dream that bitcoin would make them disappear... They are strong, they play roles in the society and in the economy, while bitcoin only play one aspect of banking, which is the money... Banks do more things than just holding a money or releasing it... They process many things, now, bitcoin has no capability to do it yet ( the function of banks )...
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
Banks don't have to disappear since it is too much of a dream that bitcoin would make them disappear... They are strong, they play roles in the society and in the economy, while bitcoin only play one aspect of banking, which is the money... Banks do more things than just holding a money or releasing it... They process many things, now, bitcoin has no capability to do it yet ( the function of banks )...
Banks are the strongest financial institutions we have at a moment and bitcoin is not that big that it can ever replace banks more people will start using bitcoins in future when they will start knowing it but that doesn't mean that banks will get vanished totally from real world and that's impossible to happen.
the banks never will disappear, the only way is the come in to bitcoin with some law to protect him and make money for the STATE
It's hard to believe that bitcoin can make the banks disappear which is basically impossible to happen. They are already in this world centuries already.
And I don't think that people behind the bank industry will just simply let their industry destroyed by bitcoin. If it comes to that point, they will be replaced by bitcoin.
I'm sure they are not going to give up but however its far to happen.
And I don't think that people behind the bank industry will just simply let their industry destroyed by bitcoin. If it comes to that point, they will be replaced by bitcoin.
I'm sure they are not going to give up but however its far to happen.
Banks could be considered disappear if more than 40% of people in the world are active in cryptocurrency. And systems such as blockchain wallets can evolve to better ensure user data from a variety of problems.
Exactly, and bitcoin is new to many people and they have been used to traditional banking system and find it easy and convenient to use so in that case they will not switch totally to bitcoins and they will prefer to use both of them in future but they will not leave banks for sure as they have more faith in banks in compare to bitcoins.
Yes, most likely will happen is to use these two things, now development of technology is very sophisticated, we can even access the bitcoin via smartphone anywhere in the world. Deep in my mind, currencies and world bank could be replaced with bitcoin, but before that happens, major problems will arise, such as the third world war
I never thought a bank would disappear although bitcoin is found, a couple of years ago when paypal was discovered, many consider the bank transactions will drop drastically, but in reality it is not. whatever happens the bank will continue to survive.
It's hard to believe that bitcoin can make the banks disappear which is basically impossible to happen. They are already in this world centuries already.
And I don't think that people behind the bank industry will just simply let their industry destroyed by bitcoin. If it comes to that point, they will be replaced by bitcoin.
I'm sure they are not going to give up but however its far to happen.
Exactly, and bitcoin is new to many people and they have been used to traditional banking system and find it easy and convenient to use so in that case they will not switch totally to bitcoins and they will prefer to use both of them in future but they will not leave banks for sure as they have more faith in banks in compare to bitcoins.
I never thought a bank would disappear although bitcoin is found, a couple of years ago when paypal was discovered, many consider the bank transactions will drop drastically, but in reality it is not. whatever happens the bank will continue to survive.
It's hard to believe that bitcoin can make the banks disappear which is basically impossible to happen. They are already in this world centuries already.
And I don't think that people behind the bank industry will just simply let their industry destroyed by bitcoin. If it comes to that point, they will be replaced by bitcoin.
I'm sure they are not going to give up but however its far to happen.
can not because yet everyone knows about bitcoin ..
jika bank dissapear , where is save our money ? because wallet not safe
.
.just my opinion
jika bank dissapear , where is save our money ? because wallet not safe
.
.just my opinion
Bitcoin needs the banks, you know why? Because its the only way to save your bitcoin into a form of fiat currency money and yet in terms of cashing through wallet bank is very useful. If banks will disappear what will be the same instution like bank that will be catering all the needs of people like money transactions? I think no one will replace banks in the future because it really rooted to peoples lives and most specially with businesses worldwide, although bitcoin digital currency is very popular nowadays but we still believe the strong foundation of banks.
Supposed that there are no banks and there's only bitcoin, we wouldn't rely on fiat that much anymore. The prices of the items that you're going to buy would be in bitcoin form, not in dollars. We wouldn't need banks at that time because someone would make an algorithm/program to make easy payments through bitcoin even though you're not going to have to take out your phone, scan the QR code, and send the payment. There would be a bitcoin debit card and you would just swipe it.
I never thought a bank would disappear although bitcoin is found, a couple of years ago when paypal was discovered, many consider the bank transactions will drop drastically, but in reality it is not. whatever happens the bank will continue to survive.
i agree with you that bitcoin bank transaction will be never drop and you are right that bank will be survive forever because bank controlling fiat regular currency and bitcoin is just a digital currency so its impossible to disappear bank. Don't think banks disappear, this is nasty thoughts, a lot of people who hang on to life and business of the bank. If banks disappear then may result in the termination of employment and increased unemployment.
Absolutely, I never imagined such a thing happen. If it does occur will actually make the new problems in this world. But if bitcoin integrate with the bank that will be good, but with a note bitcoin will be centralized and controlled by the government, where it is not going to happen. In the end bitcoin and banks will walk alone, and until whenever I think banks will still be there so that the country's financial stability can be set. Thank you
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