im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
I think this couldn't be happen, bank is more reliable storage to use than Bitcoin. It has controlled by the government with corresponding Law's. And also people would prefer to convert their Bitcoin into Fiat currency in the long run, cause Bitcoin doesn't have stable price. And also bank can accommodate lot of people doing different transaction. Unlike Bitcoin if theirs a lot of people buying and selling coins, sometimes it crash or down their system.