in the future, sure we will no longer depend on the Bank because of DeFi...
yes, I really can do live without banks, but how about family,colleague and friends?
they are dependency with banks, like transfer money for example
for now, it's still impossible to live without a bank because many friends and family still depend on the bank for transfers, savings, and loans.
Indeed. The world isn't ready yet to live without banks. Many depend on it because of convenience and security. If you have a billion saving, bank account is a must. Holding it in your storage somewhere in your house will definitely make your life in danger. Also, If ever you are buying house using the money you store in your house counting it would be really inconvenient.
I believe that even if Defi have become a trend, many will still use bank because they would feel relieved and secured if its in the bank.