Aah! Something I wish could happen any time now. Banks are real devils of financial system. They pose like big hero of the nation but they are not. They take away lots of money from you in the form of service charges and VAT. Hell they say that they are giving 11% of interest rate on your saving that is in the bank and that is also annually but what the f*** they do take bigger service charges throughout the financial year and that why I hate it. Its better that bitcoin eats out them and atlas we can have everything that we deserve to have boy!

I don't believe that Bitcoin can make Banks disappear. They have been around for too long for them to just go away in a few years.

If you think like that, you have to think about many aspects that underlie the possibility of the bank will disappear, if you live in a country that has experienced government revolution, the analogy is bitcoin has great potential to replace economic civilization with a new system. Half the earth population has the mind to manage finances freely, and half prefer to believe in civilization today.

Civilization has indeed changed and governments have made various revolutions.
But the people know the bank better than know the bitcoin more clearly the bank will never disappear.
Even if bitcoin is popular in the world The teams in a bank must have its own idea to adapt to bitcoin as it is already in my area of ​​ATM BTC although little but many already know this one bank that provides services for BTC holders.
It is very likely that one day the bank will participate to BTPC so they will not disappear.

You talk about a revolution against banks and you are keeping your coins in an online wallet.
Really?
99% of people here are arguing banks are bad and should disappear yet they have just switched to another kind of bank cartel.



Rather that throwing hate bags around here you should educate yourself a bit.

VAT is not collected by the banks is a tax that the government is in charge of that.
In my country they don't even offer that much interest, for most of the accounts is one single digit either 1 or 2 %.
Because the interest is affected by inflation (which we're close to 0).
And I pay only close to 1 euro for mobile app, 0 withdraw or charge fees at the ATM.

Let's see when your dream will come true what will you do for a loan. .

Bitcoin making banks disappear is not the best but working hand-in-hand with each other.
Most countries are not accepting Bitcoin today because of the low currency quality their Money is, and Bitcoin can just come in and wipeout their countries currency due to its high quality and stuffs like that.

As per the research, Banks will highly impact on bitcoins in future. That is true. But, banks disappearing is may be possible or not. Don't think much and enjoy the current technology.

Yes I agree, the big thing that makes the bank disappear of course is government policy, as long as there are regulations that establish the bank as the economic foundation then the bank will not disappear.

yes bitcoin must have the potential but i do not think that it is so easy, because banks have the support of government and government will never like to disappear banking system. they will like banking system to continue.

Yes, when many customers leave the bank and switch to bitcoin, the bank will disappear, this is what the bank should watch out for in order to keep the business going.