Quote from: mobnepal on January 03, 2017, 10:18:56 AM

Quote from: cinchin on January 03, 2017, 08:43:52 AM

I think in the future, banks will dissappear, Wallet online Blockchain or Coinbase will replace Banks, we can look forward to a world in the use of virtual currency and transaction technology of Blockchain, Banks not suitable for future

I don't think banks will easily be replaced by anything as banking system is with us from centuries and talking about blockchain & coinbase bitcoin wallet there is no doubt they are the top bitcoin web wallet right now but we can't assume them to be alternative for normal banks.

Banks may adopt blockchain technology in future as you can see lots of banks are researching on blockchain technology right now to enable them in their banking system. However bitcoin may not be able to replace banks within next few decades for sure.

banks are available to be accessed around the globe, while blockchain is not like that. I mean not everyone can access blockchain when he/she does not know how it works. beside that, blockchain is only used in a very little amount of countries. so I think it is too early to say that blockchain can replace banks.