Will Banks disappear because of cryptocurrency?

[Domithra]

Banks have the approval of the governments and as time goes on and cryptocurrency gradually crawls to hit the mainstream, the banks will change and improve upon their service. Banks will be left with no choice than to integrate Blockchain and cryptocurrency in their services in order to fall within the trend.

[Dinid]

Banks have the approval of the governments and as time goes on and cryptocurrency gradually crawls to hit the mainstream, the banks will change and improve upon their service. Banks will be left with no choice than to integrate Blockchain and cryptocurrency in their services in order to fall within the trend.

That's good. There are many possibilities.
May be, Banks can implement blockchain technology into their payment feature to improve their services. But may be, they will not use altcoin such as bitcoin or ethereum, instead keep using their native currency as well.

[RedzoneASE19]

Nope, I don't think that banks will thoroughly vanish because of crypto. Wealth security is more safer in banks than to cryptocurrency.

[aji678]

I think that cryptocurrency is not a reason for disappearing of a bank, nor it will not affects banks. Cryptocurrency can stand without emerging into banks and also banks can stand without emerging with cryptocurrency. And each of them has a role anr have similarities and difference as well.

[Nakmat_cinta]

if I think the Bank will never get rid of bro. cause there is a cryptocurrency world. instead I always think that banks and cryiptocurrency can go hand in hand ..

[Alcor]

Banks have the approval of the governments and as time goes on and cryptocurrency gradually crawls to hit the mainstream, the banks will change and improve upon their service. Banks will be left with no choice than to integrate Blockchain and cryptocurrency in their services in order to fall within the trend.

Indeed, this is so. Over time, banks will be forced to provide services in the crypto currency, especially this will happen quickly after the legalization of the crypto currency by the states. However, most likely, banks will only provide services for the purchase, exchange and sale of crypto currency, other banking operations with cryptovoyta for them will be too risky because of the large price volatility of the crypto currency.
As for the technology blockchain, the banks never refused to use it. This is evidenced by the good acceptance by banks of the ripple coin, which is based on this technology.

[trackermoney]

The bank will not disappear because of crypto currency. Banks will continue to be used despite the rapid development of crypto currency. Because we know, the bank is one of the institutions that regulate the state's wealth.

[TERENCIO]

Bitcoin was created for peer to peer electronic cash would allow online payments without the need of third party but I highly doubt, it will replace Banks because Banks are controlled by government and  central authority. Can we fight the government? they have power and power is power. But Bitcoin is here for the long term.

[Lighthouze]

Cryptocurrencies haven't gotten wide adoptions to the extent that they threaten fiats and the banks that issue them. Cryptos mostly facilitate peer to peer transactions mostly and with the banks, they're needed in some big transactions because how safe they are. More so, banks are being controlled by central governments of individual countries, especially their Central Banks.

[Gucci]

This is impossible in the short term. But a big threat, of course

[tamango]

No i don’t think that banks will disappear but it’s probable that they will implement blockchain in many in their process because it will increase security for customers

[pacar_tiri]

Banks have the approval of the governments and as time goes on and cryptocurrency gradually crawls to hit the mainstream, the banks will change and improve upon their service. Banks will be left with no choice than to integrate Blockchain and cryptocurrency in their services in order to fall within the trend.

Yes I think banks will disappear because of crypto currency at the coming future. Because crypto currency is the future currency. The banks should create new crypto.It is my opinion.

[Gucci]

If the future crypto coins will be very fast, we will be in compliance with the bank's ceo also have explanation. It's like they're not too scared to embrace them.

[zenbook]

the Bank will be able to get support for crypto. with the existence of a system of crypto and crypto attraction will make the bank will also continue to exist and even this would be a new economy in the revolution. Moreover, the bank is also an important thing in a country so surely will not be anyone could shift its position.

[nakmantu99]

Banks have the approval of the governments and as time goes on and cryptocurrency gradually crawls to hit the mainstream, the banks will change and improve upon their service. Banks will be left with no choice than to integrate Blockchain and cryptocurrency in their services in order to fall within the trend.

No I think the banks will not disappear because of crypto currency. Banks will manage the fiat money and old man. I think banks will create a new crypto at the future.