Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
It does pose a threat to banks because most of the people nowadays are aware of bitcoin and how it works, and these people prefer the bitcoin system instead of banks, because of that, banks wil lose some of its potential investors to their company