Re: Can Bitcoin make Banks disappear?

Cannot, the bank is the official institution that full supported by the Government's, all done through the bank such as economic policy. bitcoin can't possibly eliminate and make the bank disappear even though used en masse.

Correct and also the goal of bitcoin is not to make banks disappear, the goal of bitcoin is to allows to have an alternative to the banking system and that is something we can do already, although with some difficulties but as time passes it will become easier.

But this time more users will makes bitcoin as their primary investment than banks, because we can see the opportunity to get much better income by putting money in bitcoin due to faster increase of value unlike in the bank you money will increase too slow because of lower interest of your savings.

If you think bitcoin is a way better option than banks then there is nothing and no one that will stop you from investing most of your money in bitcoin and that way earn more money, but if you want even bigger returns then you could try to invest in altcoins.

Nothing will stop you from investing huge amount of money except for the fact that you can chicken out and cancel your big plan. You can do literally everything that you want in this world but you limit yourself from it. You can spend all of your money in one night, give it all to the poor ones, or risk it all in bitcoin investment. All of these wild decisions can't be done because of yourself. You're the only one who can stop yourself and you're the only guy that's stopping you from taking risks.