I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks
That's a big problem of Bank, bitcoin is primary compositor when it comes to stored of money and businesses but Bank will have a chance to continue their operation if ever Bitcoin become Primary use in all over the world because Big business company doesn't handle the huge amount of tangible money they rely on the agency who handle it so they have a chance to handle the stock of Bitcoin from big company but they gonna do first of alternative module that compatible with bitcoin and Bank to process all transaction.