Re: Can Bitcoin make Banks disappear?

Quote from: BTCBinary on January 12, 2016, 02:40:58 AM

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?

i cant imagine a life living in a completely decentralize manner, banks wont disappear they will always be there and we need them for sure, its like darkness and light, we need them both centralize and decentralize.