It is already possible to send bitcoins peer-to-peer. You can send money to friends and relatives in the form of bitcoins but an exchange will always be needed to buy and sell bitcoins because it ensures trust between two parties.
So I'm just wondering if bitcoin or cryptocurrency should be the future form of our money and it will continue to the future because it has a threat to the banks or it will be stopped again by our own governments of the world just like they stopped the developement of electric cars back when it was first introduced in the market because it was a threat for the oil companies?
it's starting to be regulated, but generally speaking the ban is not really threat. I'm sure that the only real competitor of cryptocurrencies are crypticurrencies themselves.