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. ;)