We can all agree that having grown up with the current banking system of tangible money is familiar and comfortable. However, today rate and people are losing faith in a system that bails out the rich and leaves the the world is changing at a rapid poor to fend for themselves. People are starting to take back their power and are wanting more control over their own money - its time to shift your reality to the 21st Century. Can you believe that we are still living in a world where bank transactions dont go through because it is a weekend or public holiday, what is up with that? We have the choice to move to a peer to peer (P2P) platform that can make instant transfers any day of the week.
I do not think that even with crypto, the power will be shift to people. Remember there is an institution that governs us, if they forbid we have nothing to do but follow else we have to face consequences. Though I think bank and crypto will go hand in hand. Cryptocurrency industry needs to tie up with banks and any other financial institution to be acknowledge even though cryptocurrency can stand on its own. But if we are talking about the adoption, I guess crypto needs to have a strong ally to survive and that is government and bank.
I agree with you. It seems that no matter how much people want to have total independency via crypto, the regulation issues will simply not allow for that to happen. I think we have to get used to this idea.