They are of the point of view that since internet cannot replace the newspapers, the same is true with the banks. Being a crypto lover, i would love to see banks eliminated but does these big people with so much money will let that happen
The idea of BTC replacing banks doesn't seem right to me and BTC is not originally created as a replacement for banks but rather as an alternative way of making transactions with other people digitally without any third party. Moreover, the government won't even allow it at the very beginning since they don't have the authority over BTC.