Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
xSkyer
on 11/10/2017, 19:04:00 UTC
Banks won't disappear. Why? People will still need loans and a place to store their cryptocurrencies even if we switch completely from cash to them. Banks won't earn on transactions and withdraw fees like today. Instead, they will charge for exchanging cryptocurrencies and they will earn from loans like today they do. I wouldn't be suprised if there were more banks and exchanges in the future.