Re: Can Bitcoin make Banks disappear?

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?

I will say no for now,but yes for future.
No because the price fluctuation why someone will risk their money in something that have a huge chance to drop by .02% per second ?
This bitcoin price needs to be flat and one day when we will see bitcoin as a day to day used currency like any other fiat and not as a investment.
People will dump the banks.
buts its way more far from reality.