They are obviously right. How on earth do you expect BTC to completely replace banks? That makes no sense whatsoever. Satoshi developed BTC and the blockchain technology to provide an alternate decentralized payment method to the masses.

Banks will always survive though they will change over time in different aspects. People will always trust centralized banks the most due to the reliability factor and this has been the case ever since banks were introduced.

On the other hand, BTC adoption continues to rise over time since more and more people are treating as an investment asset.

In time the banks in general will offer certain Bitcoin services for everyone to avail of.
The vast majority of the population will be slow to adopt Bitcoin so the need for FIAT will
remain until Bitcoin becomes a viable currency rival of FIAT. When that happens the banks
will have already integrated Bitcoin into its business model offering people an EASY way
to store and transact in it.

I have to respectfully disagree with both of your points.

1) The primary role of banks in the economy is to issue debt through the creation of bank deposits. Without banking, you would have next to no debt issuance (think corporate loans, mortgages and the like). Bitcoin doesn't provide for a mechanism of debt issuance, and therefore cannot be used as a replacement for fiat currency in its current role.

2) As the majority of money is created through banks issuing loans, it won't be the fact that if more people use bitcoin, then somehow there would be less money in banks. The amount of money in the banks would remain the same, as someone selling cash for bitcoin would need someone on the other side selling bitcoin for cash. The amount of cashflow in banking transactions could decrease, I'll give you that, but this won't impact on the amount of fiat currency in issue, and bank lending will need to continue all the same.

I hope that more people share the same view as you because in the bitcoin community, there are a lot of rabid fanatics that thinks that bitcoin is the Holy Grail and it will be the answer to the disease that we call banking system. To be honest, the moment that I have known that there are lost coins and a supply cap, I know that it will not be able to support the world economy unless the value of 1 bitcoin skyrocketed to the point that it the smallest amount is enough for someone to live for a month.

Bitcoin came into usage to fulfil the requirements of people. When fiat isn't able to do it, the Bitcoin came as an alternate. This has now getting into mainstream usage as more people in large scale started using it. We need to think how the financial system evolved and the banking system started to back any country's economy. In that manner it takes more time for Bitcoin to reach the position. So, now or in the near Bitcoin replacing the banks won't happen as in the tweet.

For this to happen, the whole financial system needs to be changed and i don't see it happening within next decade. Also you cannot change the current system with bitcoin which is too much volatile. Bitcoin need to be adopted more and need to be more stable to be more widely used. I see some people on the youtube shared their point of view that fiat will end which is not true. Fiat may loose value but it cannot be completely eliminated.

I'll agree to what you said. Despite Bitcoin's continuous growth in number of people using it and its price, it won't replace banks just because we think it is more dominant or useful to us. Banks existed a long time ago and the concept of it why do we have up until now was established from before. No one will replace the other, as they are both essential to the economic functions we have in our current system.

There are so much topic about this kind of bitcoin can replace bank it is really obvious that bitcoin can't replace banks ever since even war started there are banks that people getting money and because of it they can easily increase their economy money maybe they can just adopt it and will become decebtralize but no one wants that why? Because they can easily control everything like fiat currency where credit card and debit are involved.

Bitcoin cannot and will not ever replace banks, there are so many factors that restrict bitcoin from replacing banks. Crypto is good and there are so many benefits that it can give to us, just like on my part it really helps me with my finances and sending money to my relatives jn othe country, that thing is only available if and only if the sender and the receiver know about cryptocurrency.

I agree with the statement saying that "Bitcoin/crypto won't fully replace banks" but to say Bitcoin/crypto "can not" replace banks, that's some next level nonsense and I don't agree with that at all, if you have used crypto only for a few times you should know how easier it is using them instead of traditional banking system, and that's not considering more decentralization and security/privacy that it brings to the table.

In my opinion as more time passes centralized banks will slowly change forms since the expectation of people from them will change, but as for the total removal of banks as a whole I believe that will take more than 100 years at the very least, many people might not use them anymore if crypto gets more popular and easier/cheaper to use, but that does not mean there wouldn't be some maybe older/more traditional people that still prefer to use centralized physical banks to store their money instead of something that they maybe don't fully understand or trust.