with crypto the limits of the central bank and the country will be eroded, we will transact directly or P2P and this will cut many trade chains and be very effective
In this chain, banks are actually the financial institutions and the third parties which cost you unjustly. Their primary goal is to maximize their own profit and to do this, they charge you many hidden costs that you are not even aware of.
Besides, you waste your precious time in making that transaction happen via a bank and the cost of the time is also included as a result the total money that you pay to get your job done is far more than what you need to pay using technologies like Bitcoin. So yes it will change the worlds socioeconomic problems.