"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.
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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-lessWell, I absolutely agree that banks will either have to adapt or they will be left behind. Technology can't be stopped and life will continue to change. Those who continue to exist on the old terms will lose.
I don't think that crypto banks will replace the traditional ones. Most likely, traditional banks will be reformatted for crypto banks, because they have more resources and opportunities, although they will be reluctant to do so. Such organizations especially dislike change, which will be clumsy and slow.
I don't like the idea of crypto banks and I think that with crypto currencies, this is completely unnecessary for users. But to my regret, I expect that banks will still exist, and worse than that, they will have their own depositors. There will always be people who are ready to trust their money to others because they are not able to manage their finances.