They are of the point of view that since internet cannot replace the newspapers, the same is true with the banks. Being a crypto lover, i would love to see banks eliminated but does these big people with so much money will let that happen

They will co-exist, no matter what they say and what point they're comparing bitcoin with. Bitcoin will keep going with such use that we're embracing through it. We can hold it as if we're the bank on our own and holding it through our wallets.
Just ignore what they say, they can't beat bitcoin while us moving forward, they'll come along in the middle of the road.