Well to be fair, just about every business has had to adopt with the boom of technology. They all have online presence, and are increasingly adapting to consumers' shift to e-commerce. Banks will simply have to adapt like the rest of them, and they seem to be pulling it off. The dude who mentioned the term "extinction phase" simply highlighted the need to keep up with the times.


I would say so, but it's going to be a (very) minor factor. Investment banks seemed to be looking into the market some time ago so I'm sure sustained interest from the mainstream will lead to them pulling the trigger. In any case, the rise of crypto doesn't seem like an immediate threat to them.