We still need the bank to convert bitcoin to fiat. There are still merchandize we cannot buy thru bitcoin, so we need to convert. Without the bank, this cannot happen.
That is true... we need banks to convert our bitcoin to fiat...If only stores would accept bitcoin as payment, I think that won't be a problem, but, even though like that, it is not still a good reason to make banks disappear...
Normal banks wont disappear because of bitcoin banks is a multi million dollar investment and government have shares in it,do you think that the governments would allow such thing to happen?