Within a few years, a younger generation of financial services customers is going to be able to walk into a bank and gain access to credit products, savings accounts, and investments that can host both cryptocurrency and fiat purchases. The inroads that will permit all of this to happen are already smashing the ground.
...
Clients will soon clarify a “full assistance” bank as one that proposes economic services in both crypto and fiat. The period to start cultivating the essential devices for the crypto banking trade is right now. Banks need to start adapting or get left behind. Make no mistake about it."
Article: Crypto banks are going to swallow fiat banks in 3 years — or even less
What do you think about this topic, whether cryptocurrency banks can face off and soon replace traditional banks in the fate? I think this is tricky to occur because the current number of crypto banks is very tolerable described to the number of traditional banks. Even in the most optimistic scenario possible, if banks around the globe implement an efficient method of transaction (maybe Ripple), they will only accept stable coin rotation or CBDC to be able to Compliance with the monetary regulations of governments.
Today, actually since genesis, you're able to generate your own bank, for free, anywhere in the world, without asking anyone any permission. It's a Bitcoin private key. You generate it, and you have full control of your money.
Why would anyone want to go to a bank, giving them access to your money?, makes no sense.
That's one of the key principles in Bitcoin, that you don't need another person managing your money. All that crypto stuff is just jargon for banks to continue doing what they have always done.
With Bitcoin you don't need banks.