Quote from: daringdiscovered on April 12, 2017, 06:00:47 PM

Quote from: Tribizz on April 12, 2017, 03:39:35 PM

I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin.
So am sure Banks won't disappear but Bitcoin is here to stay. Tongue

Actually it is possible that bitcoin could make the banks disappear, and Bitcoin Banks will be the one to replace it, but of course it would happen in the future and not now. If bitcoin would be declare as a currency which it could be accepted anywhere, anytime, in every places around the world, then this thing could really happen, well, I'm not that sure about it, it is just a thought since Japan already accepts bitcoin as a currency.

Japan started to accept bitcoin as a currency but does that made the banks from Japan disappear? No, banks there still exist and are performing as they were doing in the past so even if other countries make bitcoin as a legal currency the existence of banks will always be there.