well i think no because bitcoin’s transaction cannot be regulated by anyone or any institutions. Its transaction occurs in the blockchain itself. It is like a peer to peer transaction that is being recordeed in it. Also in bitcoin, transaction are anonymous, there is no such thing as you will be identified who you are and what specific address you sent your payment to. In this case, it will be prone for illegal transaction and underground activities. I think bitcoin has its own purpose in this society and banks also have its own. But who knows what will happen in the near future and Bitcoin is not a future for the banking world but a serious threat to the banking industry as many investors choose to invest in bitcoin rather than save their money in banks. While bank investors are just a way to liquefy bitcoins into ordinary currencies