If banks actually use blockchain and issue standard central bank currencies or CBDCs which they call, this would be the same as Bitcoin or crypto in general?
Fees will also be cheap, transactions can be tracked, isn't this what we want? unlike the current banking system.
Yes. It's all we want for the side of the government, however. But for the people, it's not going to be what they want because the CBDC includes legislation where if you participate in funding Ottawa truckers, your account will be frozen. If the government sees you become obese for you are not just a regular cheeseburger eater, they reduce your funds to cut your BigMac funds.
Smart contracts, Defi and NFT are good products until SEC will have to stop them. Anyone received the BLOCKFI email already? They are fined to pay 100M for giving out interest.
Satoshi gives people an alternative to the current monetary system, BTC is enough but because it's opensource, blockchain opens a lot more for everyone, late investor or not.