Hello! What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks cant control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
It might kill the old banking system if it does not bend to suit the call of the times. However, it seems that the banks are fully aware that the technology brought by Bitcoin is the future and they are now making adjustments.
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This is also on my thoughts.
Although we all know that Bitcoin has something that banks don't have and has more advantages compare on using banks.
What I am worried about sooner or later is what if banks will start to use some cryptocurrency or some blockchain technology to rework or change their banking system or even they will use Bitcoins. I don't think if that is good or bad for Bitcoin. But even if that will happen, Bitcoin will go nowhere and will stay forever.