Bitcoin is a threat to central banks and authorities, because this is the first currency system that can separate money from the state. It removes, perhaps, the most powerful instrument of the government, which is their monopoly on the global monetary system.

Banks will be affected in a way that laymen will shift their businesses from fiat to crypto. However curreently with fiat being the most widely used currency btc is a minor threat. In the future when blockchain is used everywhere and crypto becomes more well established it poses a serious threat to banks.

Some of the advantages of bitcoin compared to conventional money are very low transfer fees, high transaction speeds and barriers, transactions between countries and can be done with a matter of minutes and can be done anywhere and anytime without having to come to the bank.

YES, it is a big threat to the banks. The goal of crypto is to change the old financial system banks are using. This is the main reason why banks are very much against Bitcoin.

Banks are backed by the government and its hard to disappear.

No, I do not think banks will find a way to settle their situation, I expect banks will serve bitcoin and also take an additional commission for the transaction

Odds of banks will disappear, many of them are using banks to save money. Banks still play a major role in the day-to-day activities of traders and I do not see any changes in the near future.

We can say that bitcoin is the threat to bank but at present crypto just take a part of our monetory side .if it can take large area of market    then it will be a disaster for bank.

I do not think that bitcoin is a full-fledged competition to the Bank. Yes, some banking operations will cease to be relevant, but the Bank still has something to entice consumers.

   We need to know well the blockchain technology. Thanks to Blockchain, the network between people became stronger. We can now perform our operations without the need for any intermediary factor. We can handle these operations very quickly.
   What will be the future of the banks after Bitcoin?
   It depends on what purpose the banks are using. If you are an institution where you keep your savings, I do not think it will be too much. But if it is used for payment or transfer transactions, we can say that the banks have been turned over. Because the transaction times and fees charged in the banks are very disturbing.
   Now the world's leading banks, digital paralara is very interested. And he began to build his future. Ripple is a digital money that is beginning to be used in the banking sector. Lumen (Stellar), a digital currency, has begun to reshape the banking industry by partnering with IBM.
   The banks will decide again about themselves. Either they will be part of this technological revolution, or traditional banking will continue and they will wait for their own end ...

BITCOIN DOESN'T POSE A THREAT TO BANKS BECAUSE BOTH OF THEM NEED EACH OTHER