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?
Banks do think that Bitcoin could pose a major threat to the Bank. As more and more Bitcoin recognizes the people who prefer to use Bitcoin instead of using the Bank. But even then I am sure that the bank will not disappear and stay on. It's just that banks will become the second after this digital currency.
Banks will not disappear, but will globally re-examine and change their infrastructure. For example, the implementation of blockchain technology, will destroy the fiat money and replace it with electronic currency.