Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
LovelyFLOWER
on 26/01/2018, 12:21:09 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?


Maybe bitcoin or electronic money can replace and disappear the banks because nowadays  banks is not safer than before because too many bad people around the world and it can be steal,destroy by phenomena or such any danger. Like wise an electronic money is better because even phenomens hss come you can assure the assurance of your money and you woukd be able to used it in any locations and easy to have not like in banks...