Is it really necessary that banks should be replaced by crypto? For me, if they can both co exist, then why not?
They will co-exist, but if one will only stay, I'm sure it will be the bank as they have been here for so long while bitcoin is still new. With regulations, bitcoin cannot be as decentralized as it was before because crypto exchanges will have to adopt the rules and regulations that are imposed on the banks.
Co-exist is the sure thing on here because we cant really much say that crypto would easily be removed or gone yet recognition is already high but not on
the point that you would really presume that fiat/banks would be replaced on that point and i dont see on any covering up or something like that.
They would surely co-exist to each other and that would be much preferable to see rather than on focusing on single one.