Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
Banks are always part of country's economy so they are not going disappear unless they will be replaced by more effective and efficient means of finance. When a country's banking sectoris healthy, it will greatly contribute to the growth of nation's economy. Bank can upgrade itself to match the modern technology and the threat of cryptocurrencies. In fact, some of the banks are already planning to use blockchain in the future.