For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
I don't think that Bitcoin can replace banking system although they have a potential to do this. But I rather to choose bank in terms of money insurance and safety features that the bank can offer. Bitcoin is Bitcoin and bank is bank. They have a different feature. The only thing that the bank can do is to adjust to the modern way of banking and go with the trend of technology, they can also collaborate with the works of bitcoin..