Bitcoin will replace the entire bank system.
Super-Bitcoin, the thing that will replace bitcoin, will replace the entire financial sector including insurance.
What is the use of a bank when the only thing it will provide is a impediment between you and your money?
(don't worry, bitcoin will probably morph into super-bitcoin)
Banks will continue to play a role in the economy. But less as creators of credit out of thin air. So banking will become less profitable and much duller, unless they canure the public in their own 'from thin air coins'.
I don't see it at all. There is no bank service that I can think of that I wouldn't pay money to avoid.
Loans? So much easier to go with crowdsourcing.
Money transfers? already on the blockchain
Escrow? sorta on the blockchain / will be solid soon.
Investment service? Do you still have any trust in a bank?
Home loans? This will be the biggest shift. As in house prices will fall to $0.
ATM? Right up till the time bitcoin breaks the physical/electronic barrier
I'm not seeing any need for a bank. What other service can they provide?