Quote from: Sled on November 15, 2021, 11:40:27 PM

Quote from: spy100 on November 10, 2021, 10:18:48 PM

Banks will die crypto will take over in 5-10 years

Why ? They are starting to ask to many personal questions and monitoring people like they are criminals / terrorists etc ...even if they are not ...
Govs want to much control on people...the world is becoming very strange and it all started with 9/11 attacks ... to many coincidences

I can't make such a conclusion as banks remain important to the community. We have to admit also that not all are crypto users, not all are adopting crypto and these banks give them away to secure their money. Maybe this will happen if we are not using fiat money anymore but, we still have and this still exists many years from now.
That even you see that the world is becoming strange, that seems far and not the only reason for such changes and put an end to banks services.

As much as I love the concept of bitcoin that allow us to have true ownership of the money in our wallets and be our own banks we must recognize the fact the majority of the population is not only not ready for this kind of freedom but for the responsibility of keeping their money safe and have no safety net in place they happen to lose their coins, it is incredibly common for people to forget their login credentials and in most cases they can easily recover the password through other means, but if someone were to lose their seed words or password of their then they are on their own, so I think this fact alone will allow banks to survive for a long time.