Re: Can Bitcoin make Banks disappear?

I think that the bank is more important that the authorities , because they can rule fiat banking . In fact bitcoin bank should not , but people still need to get to the bank fiat after getting converted from a bitcoin. So now , the bank does not disappear , because bitcoin. In the future.

Bitcoin will make bank disappear in the near future but currently it need to be trusted and popular among majority of the population of the world.

Even if bitcoin gains huge popularity in future its impossible that it can make banks disappear, banks are trusted organizations and its not easy for people to quit banks and switch to bitcoins.

Example:

Most countries in African region will use bitcoin because bank are now dissapeared. That will include some of small banks designated to towns and capital. Now can anyone here who has a believe that bitcoin can dissapeared banks kindly explain how it will goes if people there will use bitcoin? Please remember that bitcoin is virtual, meaning it's components are present only in online.

I will wait.

It is possible that more people will use bitcoin in upcoming days. But it doesnt mean that it will make bank dissapear. People are getting much more facilities from bank than bitcoins. In my my view, both will stay with us to serve us.