If cryptocurrencies will be the basic mode of exchange in the future, what will happen to the banks then?
Just a thought, but I think the banks would start to adopt the technology, in order to keep up with the innovation of the day. As technology becomes ever more efficient by the the day, the regualtors must either utilize existing regulations in place, or change, adapt and adjust regulations to keep up to with the times.
indeed banks can not deny the development of technology if they do not want to be abandoned customers. but if cryptocurrency is more than fiat currency, i think the price of cryptos has increased greatly