I hear it all the time. Bitcoin/crypto is alternative to fiat. And almost every token philosophy is based on this premise.
The question: can cryptocurrency beat legacy financial institutions to the point of replacing them?
... Thought as much... The much lauded JPMCoin was all noise and no substance. But can an accident happen to make legacy institutions catch up to the decentralized world?
I think it can beat the bank because we can know that BTC has become a world scale not just one country especially if more people work in the field of bitcoin, then the more that saves money in bitcoin but banks with bitcoin are also different, bitcoin in real digital bank so we can use both at once.