Yes and no, yes if the people recommend bitcoins instead of banks or the majority of the people in the world are using bitcoins to transfer and convert money, but given the fact that we are still progressing and evolving to a more technological era. i guess bitcoin can't replace banks, but no one knows what will happen in the future, so let's just hope its for the better for all of us, and just for the bitcoin it self.

I think it's impossible for now because conventional money is the major type of money that we are using today and banks cannot and will not disappear as long as conventional money is existing. Even Bitcoins are now getting popular and now can be used for transactions, it still doesn't have the power and influence to beat the conventional money that we're using today.
Maybe in the future banks will gone IF bitcoins can surpass the conventional money.

Add it up that bitcoin is decentralized. I wonder how governments want a currency which they can't control most especially influential countries like United States and China. But for the benefit of everyone decentralization of monetary system is the best. This should lessen the influence of banks, rich countries and personalities on the world's financial system.

You were right up to a point (I made it blue).
No, bitcoin will improve their influence.

Let's think for a moment where are the major holders of bitcoin. Look at the nodes map.
Probably Africa and South America/ South Asia have less than 2% of the total coins mined.
BTC will just make the ones that can afford to buy now richer, it won't make the poor rich.


14 countries in the EU have more virtualelectronic usage than cash transaction.
In 3 of them cash payments have gone below 10%.
It will happen, sooner than you think.

for me, I believe that the banks won't vanish. They might be created further, change the method for the genuine presence yet I feel that will survive. Continuously will be requirement for cash in huge plans or extends, or even in different circumstances of everybody of us. May be a place when are offered the required guarantees that something can abandon issues and take the required cash (or instruments which may supplant those).

Be this the season of the genuine us dollar and be the tomorrow one when perhaps will be the day of bitcoin or the cryptos. Indeed, even in the presumably time of just the cryptos will exist such needs. What's more, even with the most complex crypto in presence will exist dependably a programmer which can have the capacity to take or break the security of our own wallets. Or, then again individuals which will offer crypto yet not security. It is something else a bank. In all the past issues. Or, on the other hand perhaps others that are not in my mind now.

I think that the founders of banks are very influential people and they will not allow the crypto currency to destroy them. Either the crypto currency will carry out its transactions through banks or they will destroy it by prohibition.

yeah i agree with you, bitcoin and bank is different basic. bank is for saving money but bitcoin to invesment
bitcoin can't make bank dissapear  because not all people familiar with bitcoin

I don't think that Bitcoin can make banks disappear, because people use mainly fiat currencies and need banks in their offline transactions mostly. Bitcoin is used online and need to be converted to fiat to be used offline, so it can't replace banks.

Of course no, bitcoin will never make bank disappears because we all know and we all can see that bitcoins and bank nowadays are have some collaboration in a sense of bank is the way of cashing out our bitcoin and to earn it. And sometimes bank is the one who will secure our money just like bitcoin so that it will be very safe and not get by anyone.