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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Banking system mustn't be killed, that is a fact. Let's say most people use Bitcoin and it did killed the banking system. I think marginalized people and marginalized countries would have a huge problem. Not all people have the resources to have Bitcoin, and are not educated enough. Some relies on leases and loans in banks to aid their farms or for their children'a future. Bitcoin doesn't need to kill banks but instead can help the growth. Bitcoin can provide easy transactions and help in the some crucial emergencies of people.