Banks will die crypto will take over in 5-10 years
I say more like 10-25 years.. the banks will adapt and allow crypto.. but they will fail as they will try to control it.
OpaMunze is right, 10-25 years sounds more like a reasonable expectation, and I must say I like the conclusion, they will fail because they will try to control it, but of course, they will not be able to do it, so they will not be able to adapt! I believe this will happen with many banks, there will be just rare examples of banks ready to adopt new technologies, banks ready to change the way they do business will have more chances for survival!
No if they adopt it then they won't fall. The adoption of cryptocurrency into banks will be as a need to satisfy the customers full financial services so it will go by the side with fiat currency too for maximum service. If banks adopt cryptocurrency they already know that it is not controlled as blockchain is there for everybody. If talking about control that can happen with coins that are centralised but not bitcoin.