No it won't, many people are driven by the excitement and forget to look for what actually are blockchains, you may find a suitable answer in few paragraphs on Wikipedia.
Nice, short but precise. I have never assume that bitcoin will really replace the banking system, it might help in terms of recording transactions, but the banking as whole? It's a no, it would be realistic to assume that those two will coexist
Be your own bank can't work with so many stupid people around. This two will coexist because banks will find a way for that, they have enough money to make any new coin, what is ripple by the way? Maybe one of the first banking investments in blockchain.
Many people are stupid, you can say driven by excitement but that is far from truth. Look how many people come on this forum and what they wrote. I thought that people will understand what is better and what is easier to use, but no people still come here and ask so stupid questions and after reading them I get nervous from their stupidity. Someone gave us blockchain, but we people aren't able to use it in the way it should be used, I thought we will see the end of banking system, but simply people of the world are not capable for replacing the banks and system that is responsible for world poverty.
We should not underestimate bank because probably they try to find solutions about the system .Instead of that, we need to put effort on bitcoin in how to encourage people to invest money as long as in a good way ,we dont want to say negative thoughts on bank because its all about competence in every method they developed. We, each one of us has a different perceptions where we can put our trust and believes in the two competences. But for me bitcoin is much better because they provide my needs.