Quote from: gambitcoin53 on May 07, 2018, 07:42:02 AM

Quote from: arakate93 on March 06, 2018, 04:54:32 AM

of course, the bank has its own role in a country, its small example as a container for lending capital, other credits and as its, even though the development of crypto world is very rapid, but the bank has its own role, and they will not close the company, maybe later them will follow also the current development of the crypto world

true, banks is still essential today even if cryptos are soaring today, because not everything can buy and paid in bitcoin, we need banks for conversions of bitcoin to fiats in less fees, there are other purposes of banks that bitcoin cannot cater like housing loan, car loan ,business loan and salary loans, we still need banks, we can live with it up to now, we are ok with cryptos and banks co-existence.

Not really, I have never used a bank for my conversion, I either use exchanges or just peer 2 peer exchanges. It is true that I still use a bank account to receive my fiat, but if you think about it, if everyone accepted crypto, I would never need to convert to fiat anymore. It is simply a matter of time before that happens. Now you can even get crypto loans to buy cars and houses even, and get salaries in Bitcoin. Banks are forced to co exist but their days are numbered.