We know how banks geting their profits and incomes. Banks can become obsolete if something or someone will compete on their interests. Giving low interests rates will make some bank to close. Bankrupt is the main problem of banks. We know how cryptocurrency can defeat banks by using cryptocurrency wallets.
Banking system will stay a bit longer as we wanted them to be replace by Crypto Digital transaction in the Market. Banking investment of solid asset remains as practice in the financial business market. It will take time to this Banking system to be obsolete. The issues on Banned, Scammer, Hacking and the never ending issue on Regulation still need to be address and put it into the proper perspective by the business financial institution of the government.