The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
I think people will still need a bank because the security risk is less than the e wallet, many e-wallet burglary cases have happened lately and e-mail is one of the media that is vulnerable to attack because it has access and linkages with your e wallet.
Moreover, the national financial system also requires banks as a central economic system in each country, if there is no bank, the circulation of money will not be controlled.