Is Cryptocurrency Becoming A Threat To Traditional Banking?

[PRIBO247]

Since the advent of cryptocurrency, people no longer have to go, cap in hand, to a traditional bank if they need financing. Peer-to-peer networks, including those based in cryptocurrencies, are becoming more common and those who might be turned away by traditional banks now have another way around financing.

Are traditional banks feeling threatened by these new cryptocurrencies?

[giovannucchi]

Of course! Cryptocurrency is completly decentralized and so very interesting for final users.
And statistics demonstrate this tendence because bitcoin transictions are actually similar in number to ones of Mastercard!