A digital run is imminent. Banks will have to take it seriously otherwise, they will be simply left behind in the competition. Just an hypothetical example, There was a small cooperative bank in my area which doesn't have any internet banking facility. They were running on ancient bookkeeping method. They were getting a good amount of business from the local people because the locals didn't have any other choice. Now suddenly, the biggest private bank of my country opened a branch in my area with all modern facilities like internet banking, ATM machines and Home banking. Within 3 years, that cooperative bank disappeared from the map because they couldn't evolve with the changing need of the consumers.
I am sure, the banking industry is now facing the same challenge with crypto currency market. The kind of freedom and facility is offered by a crypto currency, banks are not able think off because they are a regulated entity. So soon they will have only two choices in hand, either they adopt crypto currency or they simple vanish from the map. However, this transition will happen quickly. It may take 10-15 years from now, but will happen surely!
VERY great points - thanks! I think it will occur sooner than most folks think. Disrupted industries need to adapt or die.... think about circuit city, tower records, toys r us, good guys, book stores, etc.... the list goes on. Companies that didn't innovate with the internet no longer exist. Banks will not all disappear, but they will change in nature and those that deny crypto and push against it's progres... will lose.
The Digital run on the banks will happen as soon as crypto is setup as viable means for transaction. Same as ecommerce... once it became easy for the masses to create ecommerce stores, the internet and retail industry was permanently changed forever.