Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Harlot
on 09/01/2017, 02:51:21 UTC
I don't think that bitcoin has the potential to make banks disappear or even make banks useless . the government especially those elites wouldn't want it to happen even if they already have the control in bitcoin .

Yes, banks is the  economic and monetary lifeline of every country and it cant be replaced by BTC, plus how can we encash our BTC if the banks disappear. Smiley
Yup in this world we live in Cash is still king. Bitcoin without banks or even Fiat can't act on his own. Bitcoin will have no value on the majority of people who don't know it yet. Even in the near future I can't see Bitcoin overtaking any Fiat currency. Because in order for you to use Bitcoin you need to have internet and not all people have internet.