As we all know that Bitcoin is firstly introduced to us for it's convenience and numerous benefits. Being banked or underbanked, we can still enjoy the benefits and the accessibility of transactions as long as we have access to internet. Another benefit also is the anonimity it gives to people(although some would probably say not totally). By this, it is only right to say that Bitcoin has the potential to completely transform the way we think about money and finance. Compared to what we traditionally knew about finance, cryptocurrencies and bitcoin allows an individual to participate on the global economy without much requirement that otherwise it would be impossible. Although this is beneficial for developing countries, where traditional banking services may not be available or accessible, we couldn't deny the fact that it is slowly changing or disrupting the financial structure that we knew.
what do you guys think?
I think Bitcoin has definitely had a few kinds of disruptive effects, but maybe not as many as some people here would like to think. The best one is potentially the ability for people who cannot get a bank account to store or receive funds. There are some countries where the cost to use banking facilities is extortionate and others where it can be physically difficult to be in range of a bank. For others it allows money to be repatriated from overseas while again avoiding very high fees that are not warranted but are milked by the banking institutions or currency exchangers. If anything, hopefully it has nudged some banks to reduce their unnecessary fees.