Quote from: tango99 on April 25, 2017, 04:30:22 AM

Quote from: Ipwich on April 25, 2017, 04:08:07 AM

Quote from: phaddie on April 25, 2017, 12:59:28 AM

Banks are not going anywhere even if bitcoin gets on the mainstream there will be many people who will prefer to use banks and save their money in it as they feel that banks are the most safest place to save their money which is actually true.

Well, it will not change even in the future. Banks are trusted by the people and it gives insurance to your money so people
are not worried anymore. However, it does not give you a good interest than holding bitcoins alone, but it's a person's choice on what make him comfortable.

I agree with you, banks are a habit of people. They are used to using this system and they do not want to change it. They just do not want to believe that the bitcoin system is much more convenient and cheaper to use

Banks are the physical need for all the people and it is most obvious that regardless of what technology we start using, Banks are essential for our system, so i dont think Bitcoin or any other technology will close.