Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Alfinopogi
on 01/01/2018, 14:40:00 UTC
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?



No that is impossible. Because you can see that of course many people are now using Bitcoin, but you never know what will happen with the value and that is the problem. And i hope later that there will be more people that use Bitcoin. But many people must use banks because it is really important for them.