nice to watch a bank write good about bitcoin, the very thing which is going to make banks extinct in future.
Looking at the people around me I find that very difficult to believe in no matter how disruptive the technology is.
big things start so small..
practically speaking why the hell would anyone need a bank if they can literally have a billion dollars in their pockets or in a piece of paper.
The same reason why people don't keep a billion (or hundred thousand) dollars in their pocket today. Bitcoin may change how banks operate, on how much it changes the banks will depend on how widely it is adopted. There will always be banks. Banks predate fiat currency by a couple a couple hundred years. There were banks (100% reserve) in the Roman Empire. Banking concepts (letters of credit, loans, interest, etc) were used in Greece and China even before that although they didn't exist as banks as we understand them today.