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RE: GRAPHIC: Why Banks Hate Bitcoin
No, they have already lost control. They (and a large part of the world) simply don't realise that yet. But banks won't vanish, they will simply adapt.
No, they have already lost control. They (and a large part of the world) simply don't realise that yet. But banks won't vanish, they will simply adapt.
The Banks are just lazy to adopt, similar thing had happened to Kodax, if you recall when Nikon first conceptualise the idea of digital photography instead of films.
A lot of Internet-only banks have already come up. Also consider that banking is not only about shifting money around, but also entails a lot of financial products. Those will not be blockchainified that easily.