Quote from: dadaas on April 12, 2017, 08:47:38 PM

Quote from: gracia0023 on April 12, 2017, 07:46:53 PM

Quote from: g83 on April 12, 2017, 04:48:32 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

Neither banks nor bitcoin will disappear in future as both are the long term players and banks has already proved its power since it exists since long time and it also has large number of users bitcoins is comparatively new but will gain more popularity and users as time passes by.

Both bitcoin and banks will coexist with each other. Due to the growing popularity of bitcoin, banks now will start to accept bitcoin in order for the two to help each other. Banks cannot make bitcoin disappear because it is decentralized in nature and the same way, bitcoin cannot make banks disappear because banks are supported by the government. Since they cannot make each other disappear, the good possible way to make the coexist is to help each other. This way, bitcoin will be as powerful as the banks nowadays.

Banks may adopt blockchain technology in future but its very hard to believe that banks will shake hands with bitcoin in future as bitcoin is the toughest competitor for the banks so I don't think that banks will support bitcoins in future.

i think it will surely take some time but still we can expect that in future the banks have to adopt blockchain technology and they will either create their own coin or will accept bitcoin as legal currency.