The creation of blockchain came with possibilities and predictions of a future where intermediaries could be eliminated entirely. It is capable of executing millions of transactions within seconds at a lower transaction cost and requires no centralized authorization.
With the blockchain trend going on as strong as the moment, is it possible that blockchain will replace banks any time soon in the future?
More here:
https://www.hb-wallet.com/post/2018/12/20/can-blockchain-replace-banksNot everywhere in the world. In countries with a well-grown banking system
BTC will be seen more as a store of value like gold. But in countries with a poor banking system and in which not everyone has their own bank-account
BTC could really replace the banking system for many people. Nowadays everyone has a smartphone. Just download a wallet app and you are able to trade, store and send
BTC. And actually this is already happening in many countries e.g. in Africa.