Bitcoin is but the most famous example of an emerging technology network with the potential to improve banking. It belongs to the new type of financial animal called crypto currencies, i.e. decentralized, secure money storage and money transfer enabled by the Internet. 
What Bitcoin, and the even more promising Ripple network do, is not to poke a hole in bankings basic business modelslending, deposits, trading, and money exchangebut to create the embryos for entirely new markets typically referred to as the Internet of Value. That is, a way for regular folks, as well as specialists, to potentially monetize everything, regardless of location, traditional market access and jurisdiction. 
Bank system is strong system and its totally wrong that any bank will from crypto because all countries throughout the whole world need bank system for business and holding money of country and also for doing with business with other countries. What Bitcoin, and the even more promising Ripple network do, is not to poke a hole in bankings basic business modelslending, deposits, trading, and money exchangebut to create the embryos for entirely new markets typically referred to as the Internet of Value. That is, a way for regular folks, as well as specialists, to potentially monetize everything, regardless of location, traditional market access and jurisdiction.