Well, I'm absolutely sure the banking system and the layers would be agreeable to a an "hybrid solution", it keeps them going instead of seeing their institutions fall to the alternative, the sole presence of cryptocurrencies, unmanned, autonomous and omnipotent by the algorithms of equanimous justice for all instead of a few...
I'm very curious to see how it will play out and whether or not the tug-o-war of justice will still end up in the hands of the people with money. This seems to be a risky move on our behalf to let this happen, but maybe it will work. I still need convincing in that domain I guess or I simply don't understand the way such a project could and will actually empower everyone equally. Thanks again for your patience and expertise in the domain. Your information is valuable to me and, hopefully, to many others too. All for one and one for all! Namaste :)
Candidly, if the crypto world had taken the Bitgate approach 5 years ago crypto adoption would be far, far ahead of where it is today. As much as the few (myself included) want to see existing financial institutions replaced with decentralized trustless infrastructure it is not going be like switching a light off. There is a transition period that will require solutions like Bitgate. @dantheman saw this years ago and called them on-ramps: interfaces with the current regulatory environment that will allow fiat value to flow into crypto.
Here's the neat thing though... it's a one way trip. ;)