We see a lot of these Banks that wants to sabotage Bitcoin and Crypto currencies by closing people's Bank accounts. When this happened in
countries like Australia, some people closed their Bank accounts in support of these people and they moved their business to other Banks that
supported Crypto currencies. They also took this to court and the court decided that this was anti-competitive behavior and they were forced to
stop that. So, the question is simple : Would you close your Bank accounts, when your Bank turn against Crypto?
Do we need new Banks that would go up against these large Banks to facilitate the conversion of Fiat to Crypto currencies? I think Banks doing this
will quickly change their policies, once millions of people start moving their accounts to Banks that supports Crypto currencies.
We do not need Banks, because P2P conversion is possible without Banks, but it just makes things so much easier for people dealing with exchanges.
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