Not in a lifetime. Crypto may be good, but it's still far from replacing banks anytime soon. As long as governments rely on central banks to print money, these financial institutions won't be going anywhere. They will eventually adapt themselves to the latest trends in the "Fintech" space by launching digital currencies (CBDCs) of their own. Crypto will simply live alongside Fiat for generations.

Of course, government control will increase like never before as every transaction performed by a CBDC will be highly visible on a centralized, digital ledger. It'll be the end of an era for privacy as we speak. Most probably, governments will force the use of CBDCs effectively harming crypto's mainstream adoption. We should be prepared for the worst, as slowly but surely our freedom gets "stripped" away from powerful entities. Who knows what'll happen 5-10 years from now? Just my thoughts