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.
I'll agree to what you said. Despite Bitcoin's continuous growth in number of people using it and its price, it won't replace banks just because we think it is more dominant or useful to us. Banks existed a long time ago and the concept of it why do we have up until now was established from before. No one will replace the other, as they are both essential to the economic functions we have in our current system.
Yes, it is the reason why I believe this time they'll just go along with the other. Before, maybe a few years ago, we're very much thinking about replacement of the other.
But this time, we're thinking openly that why it has to remove one another if both will benefit from it but mostly, it's bitcoin that will be liked by most people that understands it.