So what I'm ultimately getting out here, is that crypto currency can't go in line with banks. What are your thoughts towards this?
If the Bank is completely against bitcoin then we cannot convert bitcoin to fiat currency through the Bank's services. I think the Bank is not really opposing it but rather limiting it because they are worried that bitcoin will become a competitor and it is not the Bank that is opposing bitcoin but rather the government with its laws. I don't know how it is in your country but we have banking services to convert bitcoin to fiat and even taxes are regulated in such a way.
Every system that has been built will always be maintained by the government, in this case the bank as an institution providing money will think about how this system does not collapse. Banks are controlled by the government, while Bitcoin does not have anyone's control, so the government is worried about the development of adoption that will occur.
I agree with you, if banks really hate bitcoin and oppose bitcoin, we will no longer have the opportunity to use bank accounts to buy bitcoin. Just because they warn about bitcoin doesn't mean they hate it, they just want to protect their customers and they are following the law because bitcoin is still not legal in many countries.
Many people are unnecessarily exaggerating about bitcoin saying that banks and governments are afraid of bitcoin. Think how bad things would be if the government actually cracked down on bitcoin, and the clearest example is the Nigerian government banning centralized, p2p exchanges, just those small bans have caused many traders to Investment faces many difficulties. If they really hate bitcoin and punish it more harshly, I think bitcoin's popularity will soon disappear. Don't underestimate the power of government.