Post
Topic
Board Altcoin Discussion
Re: Will crypto banks replace traditional banks soon
by
Silberman
on 31/01/2023, 22:33:46 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

It will never happen, while I am optimistic about the long term success of this market, banks are not going to remain static while they lose their customers to a competitor, and they will do what they always do which is to adapt, we are already seeing this as banks are now offering investments in different cryptocurrencies and even the ability to store your coins with them, and while this is only a small part of the services they offer it is obvious that as this market becomes more dominant banks will increase their exposure to it.