for the moment the Bank is still standing upright, then how is the continuation of the bank if Crypto already stand alone and in the public know so that in use fully and all countries wear it. is there going to be a temporary panic in the financial world? .... and all the banks in every country collapse is that what will happen hopefully there is no market panic
Regardless of how strong the crypto currency is and will "get on its feet," banks will always exist in any state. The banking system will never burst. Banks are an indispensable attribute of any state. The budget of any country is accepted and implemented through banks. The Crypto-currency with its high volatility can not replace the existing monetary system of banks. If the crypto currency and the banking system conflict with each other, it is likely that the state in this conflict will take the side of the banks and will go on limiting the crypto currency.
We are already seeing now regarding into those conflicts where it would be always where banks would stood still no matter those conflicts would really result into such prohibition on cryptoccurencies instead because government would always protect to those things which they can able to regulate where banks is included into this matter.This why i dont see a reason for banks to be burst out even bitcoin and other coins in the market will fly to the peak there would be still a significant area on where these things are should be placed on.