I think banks are not afraid of bitcoin, because banks know bitcoin is used by fewer internet users than banknotes users in banks that 100% need banks. But as a competitor, banks must continue to innovate so that users do not move using bitcoin, or even provide a place to exchange bitcoin. So the combination of fiat and bitcoin money will make people have choices.

It is still too early to say that bitcoin is going to replace for local banks because bitcoin is not yet that popular compare to backs but the number of people using bitcoin is definitely growing. Bitcoin's feature is decentralization which cannot be generate by simply print it out. This is the biggest difference compare to banks where fiat money can be print out easily and centralized in small group of people.

I personally don't view bitcoin to be a threat to banks, rather, bitcoin is a healthy competitor.

And i think that banks are starting to see that point of view that is why many banks are considering blockchain technology as their backbone. They saw how blockchain proves to be a worthy technology to create a tamper proof system where transparency meets full security. And as many banks opposes the decentralized idea, some are trying to mimic the same blockchain attributes under a centralized system.

It could happen that what I know we have entered the world of technology, if all of you visit the country, of course you will be presented with a lot of sophisticated technology technology, and it is possible that in the future, all the instruments of exchange will be changed with a technology like bitcoin, and we know that many countries interested in the Blockchain method do not mean that they will not take advantage of the current blockchain, and that all banks in all countries have begun to be interested in the Blockchain work system, to protect everyone's funds, and all that takes time. to do it ..

Yes, I think banks are infuriated by this, a completely new currency that is not tied to the world market.

Bitcoins are not the usual currency associated with banks. Bitcoin and the bank are two unrelated operations and the bank has also blocked transactions involving virtual currency. The development of Bitcoin also made banks worry because people are investing and hoarding Bitcoin instead of sending it to the bank.

Bitcoin problem for banks, or rather the problem for the central bank. Of course, if this is not the idea of ​​the central bank itself, but rather the managers.

I think that banks can sleep well for a very long time. Bitcoin for a long time will be an alternative currency to the usual money. Or maybe he doesn’t have enough strength to sum up the currencies of the world today. It is impossible to predict what will happen in a year.

I guessed it too long ago. Many of the local banks are owned by politicians and so that as they have political power to stop it, they will try their best to do it. Though it's not that very strong threat till today but it will be tomorrow. So I thing they already have started to think bitcoin as a threat to their banks and I think they are already on their way to make bitcoin weak or they are making a plan to make it weak.