It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.
The best example for this is people have started using bitcoin as a mean of receiving and sending money over the internet, and I think many will do so as bitcoin becomes omnipresent, banks will start adopting bitcoin because everyone thinks that it is the future of money.
It means banks will disappear or banks will change themselves as bitcoin banks.
Banks might adapt also bitcoin, its terms and uses. It seems impossible that bank will disappear . Banks were use by many and operated by lots of businessmen they might get bankrupt butI I know they will not let things happen, they were business minded anyway they might know bitcoin by now.
really needed a lot of times to make bitcoin beat banks.
even if then bitcoin exist and have more user than banks i don't think this is a realistic thought.
so far people have no trust as when they trust banks, bitcoin is still to young to be able do that.
By the time Bitcoin is forming a serious threat to the banking system, governments will come to action and put all kinds of policies into place to hold back Bitcoin's growth.
That's still somewhat of a more friendly approach as governments can also choose to put a total ban in place. That's also a realistic possibility.
That's why I am happy with how Bitcoin is operating right now. It's an alternative currency, investment and store of value tool. As long as it stays like this, governments won't have any incentive to ban Bitcoin.