Maybe so or maybe not. Often than none banks see cryptocurrencies as a threat to them because bitcoin does more than the banks. There's no barrier to your fund when you need to make use of it. Crptocurrencies is really striving and very sure it makes a lot of sense. Bitcoin has no country restriction and no tax.

In theory, digital assets and their technology is much more advanced than banking systems. They are generally established for this purpose. Therefore, banks are afraid of cryptocurrencies.

Banks are actively waging a cold war against cryptocurrencies. Bankers do not admit it, but digital technologies are the beginning of the era of the banking system decline. It is a fact.

It does pose a threat to banks because most of the people nowadays are aware of bitcoin and how it works, and these people prefer the bitcoin system instead of banks, because of that, banks wil lose some of its potential investors to their company

Yes, but it is just a little threat. Although bitcoin is the new currency of our era, there are still people that want the old thing in their life like holding their miney on their bank, some people are still not convince to bitcoin so they are still in banks.

Maybe Bitcoin impose a threat against banks but not directly since it is not really the intention why Bitcoin was established because it is just intended to lauch an innovated version of the regular currency we already have. But I guess Bitcoin will not play to be a total threat to banks because there are still instances that Bitcoin can do afford to provide same as the banks. It is just about the purpose and the usage to be the dependent variable in this issue. So I think even Bitcoin was very fast rising, banks will not disappear since banks and Bitcoin is a different thing from each other in which they do have their own purposes.

BTC users are free to transfer money and do not need the bank's participation so that the bank's service fee is avoided!

If more people use BTC, the bank's profit will be reduced!

Threaten the bank's survival!

Banks do think that Bitcoin could pose a major threat to the Bank. As more and more Bitcoin recognizes the people who prefer to use Bitcoin instead of using the Bank. But even then I am sure that the bank will not disappear and stay on. It's just that banks will become the second after this digital currency.

I think it's hard, at least for government-backed banks it is a threat to banks that's why they are thinking of ways to make people think that investing in bitcoin no matter what type of transfer people prefer and the bank was triggered by the crypto because the money will not roll to them