Bitcoin is a virtual currency that uses peer-to-peer technology to operate with no central authority or institutions like Banks. By its very own definition, Bitcoin sounds well positioned to kill central banks. Could it?
I don't think it's gonna happen. Tbh bitcoin doesn't need to kill any government's institutions to prove its existence. Bitcoin can't be treat like fiat money due to its high transaction fee and delay transfer time. It will only worth it if we transfer high amount of money via bitcoin.
So, instead of killing central bank, I am imagine if someday in the future the government admit bitcoin as a digital asset and have clear regulations in government's side in any countries.