A famous quote by Bill Gates comes to mind;
Most people don't need banks, they need banking services.
The crypto industry is a little bit too honest for it's on good. Banks have been prancing around pretending like they have the interest of their victims customers for many years, thus giving off the impression that they're trustworthy.
Crypto, on the other hand, let's you know from the beginning that if you snooze, you get cooked.
When people get tired of being fed bullshit, crypto will take eminence.
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Banks are going to have a tough time staying relevant. A few of the larger ones will adapt. However, we are already seeing the decline of the smaller ones. Just like smaller newspapers were the first to bite it.
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Exacta. Newspapers and radio stations are becoming obsolete. It's only a matter of time.
It will be a generation before we see full elimination. The older generation still is into newspapers at least.
But as they die off, so do subscriptions.
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I didn't know this saying by Bill Gates, thanks for sharing...indeed he is absolutely right.