Re: Can Bitcoin make Banks disappear?

Quote from: nguyuh on October 24, 2017, 03:49:09 AM

Quote from: BTCBinary on January 12, 2016, 02:40:58 AM

It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.

"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?

for what reason? bitcoin can make instant money, need some month to get from it.
they walk in the best way i think

If bitcoin would stay and it will make banks disappear, I guess we will be billionaires in the future because the price of bitcoin that time might be
millions and it would give fortune to those who hold longer and believe bitcoin can make it.