Everyone needs a right guide...ether be guided by the Ultimate Guide who is the CREATOR of the Universe or by HIS law.
Not a good idea to follow a blind man with no right guide, or both of you will fall into a ditch.  So, the Neobank as explained is definitely bad for society because it has no right guide. It's like a wandering star drifting away aimlessly from the right course while crashing into objects on its path.Neobanks, like FTX by Sam Bankman-Fried, shake things up with more flexibility. Not all skip regulations, but the game's riskier like big wins or potential scams. Still, do your research before diving in!