Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
100% YES
Blockbusters were comfortable until the internet come along and now where are they
Taxis were comfortable until UBER came along
Argos catalogues were sitting fine and dandy and then eBay/amazon took over
The list goes on, in my lifetime and probably more specifically in the last 10 years im seeing institution after institution getting blindsided and taken over.
When was the last time you purchased a newspaper!!!