We saw in the 2008 financial crisis that central banks are now the servants of commercial banks; the commercial banks are profligate, and the central banks are obliged to bail them out of trouble.
Although it may not be the vision of many in crypto-currency, removing commercial banks would be a major dis-intermediation of a national financial system, and would reduce the power of un-elected bodies (banks) to effectively spend taxpayer money on making themselves even richer and more powerful than they already are.
I dont think fiat will vanish anytime soon, it will just become the crypto in which you must pay your taxes, so overall, I think this is positive news.
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