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...
I don't think banks are going to disappear soon perhaps 200 years from now . But if we have support and everyone start to use bitcoin in daily life issues
bitcoin soon will make fiat disappear not banks alone .