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.
I don't think BTC can kill the banking system, exempted from inflation, free from government control and high transaction fees. If it's fully decentralized we won't be having lots of discussions in having BTC as one of the money in the world even if its a virtual thing. I just hope that Bitcoin will work hand in hand with other fiats but I guess if that happens Bitcoin will be centralized which isn't its purpose.