The role of bank and why we still need them, or do we? Like it or not we still need a bank I mean if the bank itself is fruit that been rotten it already everywhere you still need them even tho the taste is awful.
Well lets say crypto is everywhere the bank system is already here for a thousand of year so we cant just remove it.The conclusion is lets face it bruh like it or not, we dont need them if all bank are collapse but I dont think the bank gonna collapse soon.
That is the point, isn't it? It's a rotten fruit, and we still need it, and we are questioning, why? Why do we still need banks? It's obviously that they ran their course many years ago and we still need them and we still use them, and we still do not have any option where we go bankless. Shouldn't we already have that?
I have seen some startup trying, like apps, where you deposit money and then withdraw, it is not really a "bank", it is not giving you credit card, or loans, or savings. It just a place where you put money in, and can spend it. But it's a start, and it's fully digital, and it is not ruining the world, so it's doing a better job. We should try to individualize all of this and not need banks eventually in the future.
The work of banks is gradually fading away as the days go by that is because the world is evolving and technology is taking over we now have digital banks where virtually everything that you can do in a bank can be done online infact can't even remember the last time I went to the bank most people going to the bank now days are doing that for customer care service and not really for the purpose of withdrawals .
I'm the future I am also of the opinion that banks will become more useless as there will be reduced need for banks because everything will be done online