Post
Topic
Board Altcoin Discussion
Re: Will crypto banks replace traditional banks soon
by
Apatu Ek Am
on 02/05/2023, 10:15:45 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


The financial landscape is changing at a dizzying pace, and crypto is definitely a game changer. With the emergence of blockchain technology and decentralized finance (DeFi), traditional banks are facing stiff competition and it is not surprising that the younger generation is demanding more choices and flexibility when it comes to their finances.

I think the truth is we don't know for sure what will happen in the future, but it is clear that crypto banking is on the rise. As the saying goes, "adapt or fall behind." So traditional banks better start their crypto game if they want to keep up!