Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
talkbitcoin
on 03/04/2016, 10:44:54 UTC
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.

the whole point of this argument is about the possibility of not needing fiat any more. which means no need to any banks either.
if bitcoin is accepted everywhere then you can use bitcoin instead of fiat and not need fiat for purchases.