It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Our life will depend on technology. Banks will disappear in the market because it is not needed by everybody. There's an alternative way to keep our money or to save our money. Banks are against in bitcoin even our government. They couldn't control the bitcoin. Maybe someday it will happen but I wish not to happen because it is very alarming. We know that fiat and bitcoin are very important to us to make a transaction.
Lol if the banks disappear and everyone saves money for himself and decentralization of each country meets the world will be destroyed. because it will surely happen chaos and crime wherever
Banks disappear, but crypto-currencies also disappear. No one can predict the exact future of any financial system.
Banks will not disappear because it is very strong and very stable rather than bitcoin that is not yet stable and can be dictated by the person who got a lot of money and supply. I think if ever that the banks disappear, cryptocurrencies will not disappear because it will be the substitute for banks but just what like i said, to be realistic, banks will not disappear.