I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?
Above is just my personal idea.If you like or not, I wish everyone here have a nice day.
yes, maybe Bitcoin can subvert traditional banking in the future, but somehow the fate of banking? will banks use bitcoin? or banking collapsed one by one, we do not know it, but I think bitcoin will be the absolute global currency, nothing will keep bitcoin going forward
bitcoin will enter the politicization stages and become the main media in fundraising any future government election, it will go crazy because everyone can participate directly and voluntarily without having to have complete data, this pattern will destroy the traditional electoral system, about the potential bitcoin removing Conventional banks are wrong because banks will choose to adapt their financial systems to bitcoins.