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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
Would have been better if you had linked the source. But this is somewhat true. Bitcoin cannot and will never replace the banks. Banks are something that the government uses to control the who economy and the financial aspects of the country. Replacing it will just cause a chaos. Those who think bitcoin will replace fiat currency are also in the stage of ignorance. Even if crypto currencies replaces fiat/bank, its going to be a centralized coin that is under the total control of the government.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