I think there are advantages and disadvantages to everything but I think it ends up coming down to control. The banks control the current financial system and I doubt they would ever want to give that up because it gives them an advantage. At the same time, I just don't think crypto is stable enough to take the place because most things are priced in fiat to most people in the world. Just having assets isn't enough and that was taught by the banks because you need to have liquidity. SVB had that same issue
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