The threat is that cryptocurrencies will be used to store money, send money, and be used for payments. All these functions are done by banks.

I don’t think this has to be the end for banks for a couple of reasons. For one thing, another major function of banks is lending money. Cryptocurrencies can’t replace that function directly. Secondly, banks can evolve to embrace this new technology. They could offer cryptocurrency banking and trading services. I think they will need to move in this direction if they want to survive.

Maybe yes if the people will invest more in bitcoin and they believe that their money will grow and also it can be a threat if bitcoin don't have any interest and it surely that the money they invest wikk be back to their hands and much bigger than the money they invest. People nowadays wants anything to be a easy way without any appointments and any requirement that are needed to invest. Banks may be gone if bitcoin will continue to spread around the world and they think that bitcoin is interesting to invest.

I don't think so, bank will remain because it's already part of the human history and not everyone knows and use bitcoin yet specially those who are still in third world country or in remote areas, for them they still need to use fiat for everyday use and also some still prefer to use bank rather than bitcoin.

The bank will disappear, I think it will be difficult to happen. Banks are closely related to the state. If it's not the country that's eliminating the bank, I do not think it will. Bitcoin is just a digital currency, which many people use. I think, It is not possible bitcoin will eliminate the bank. I think in the future bitcoin and bank run parallel because both are needed by people.

Bitcoin somehow threaten the bank. Currently, banks do not accept bitcoin payments. But if Bitcoin is firmly positioned in the world's currency markets, it is imperative that banks accept bitcoin payments. This caused a lot of problems for the bank.

Yes, to be honest, that's what was predicted earlier. Bitcoin has improved or redirected to an investment rather than a payment. Bitcoins are becoming popular and popular in the community. I have seen, some have withdrawn money from the bank and invested in bitcoin and crypto in my country. That in the long run will affect and inevitably by affecting the development of the bank.

It is high time to abolish banks, this is an old system that is not always convenient and I hope that bitcoin will be able to change this outdated organization.

I believe it is difficult, a minimum of with regard to government-backed banking institutions, simply because banking institutions possess lots of company, such as financial loans, cost savings, not to mention, cost savings would be the majority of utilized. The buying price of bitcoin changes, which makes it not possible for individuals who don't think bitcoin to change in order to bitcoin. As well as personal banking institutions, which might have the effect associated with bitcoin, because won't fall, that understands.

It seems the bank's position is not so threatened by bitcoin for now. Because the functions of banks and bitcoins are slightly different. But if in the future bitcoin can be a threat because it may be that investors who invest their capital to the bank will move to bitcoin all.

The bank will not disappear, why do I say this? The world is changing with the introduction of technology but human nature is such that not all will and can adapt to the new way of doing things. There are still a loot of people out there who are adamant and will never yield to change. Again there are other people who can neither read nor write, how will those people cope with this new era of doing things? They still need to rely on others to do their monetary transactions thus the banks. For these reasons among others, I think the banks will continue to operate even though they may loose customers like you and I who understand blockchain and bitcoin and feel safe with it.