Post
Topic
Board Altcoin Discussion
Re: Will crypto banks replace traditional banks soon
by
tsaroz
on 29/01/2023, 14:58:10 UTC
"in just a few years, a younger generation of financial services users are going to into a bank and gain access to create ☑️ credit products, savings accounts and investments that can host both crypto and fiat assets. In fact, the inroads that will allow for all of this to happen are already breaking ground.
...
Consumers will soon define a “full service” bank as one that offers financial services in both crypto and fiat. The time to start acquiring the necessary tools of the crypto banking trade is right now. The world need it.👌Banks need to start adapting or get left behind. So what do we all think about this

Article: https://cointelegraph.com/news/crypto-banks-are-going-to-swallow-fiat-banks-in-3-years-or-even-less


They have already to some extent.
Crypto banks are providing both crypto related, fiat pegged coins and fiat related banking services. They have interest bearing wallets, physical cards and the fees are getting competitive too. When you have cheaper fees and better interest and could deposit and withdraw on both crypto and fiat anywhere anytime, you'd use it.
Crypto adoption is something that's not spreading as quick as we thought but that could be due to the old coins which are highly volatile. Newer, quicker and cheaper coins would be the pioneer to a cashless and non-custodial finance of the future.