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.
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It would never kill banking. At some point where plenty of people with less prior crypto knowledge would all start using btc, banks would adapt and instead of i.e, usd saving accounts, they would make btc saving accounts. I pretty much think bitcoin will kill most fiat currency's. Governments dont like btc since they dont print it, we do.
Banking already upgraded, almost all(or all of them?) of the banking here in our country have online system now. So basically, Bitcoin being online is equal to online banking! The only thing that keeping them separated is the concept of those two currency but who cares! They are just both currency that have their own features. In my opinion, those those shouldn't be compared since, with cryptocurrency and banking system our economy are being upgraded and they are just working just fine as what they are right now.