Will crypto banks replace traditional banks?

[I-Bit]

Of course no. We k ow how difficult world bank is defeated. It also relates to a country with its very big power to influence. Moreover we cannot live in a country wiyh no regulation. Even we can use crypto, but can be only one of currencies, not to replace fiat or even banks.
Banks have power that is very difficult and too complicated to defeat

[pieppiep]

the possibility could be like that because if banks do not want to develop it will make banks switch to cryptocurrency and of course that development will make traditional banks more depressed because if they do not change then they will lose all their customers.

[pacar_tiri]

the possibility could be like that because if banks do not want to develop it will make banks switch to cryptocurrency and of course that development will make traditional banks more depressed because if they do not change then they will lose all their customers.

Well , I think It makes sense, If traditional banks didn't improve to accept and adopt crypto technology, I think they will lose their customers.
Maybe not all, but almost all customers, because digital era will come soon.

[TERMINO]

I think very possible to see the world is in cryptocurrencies. We know the potential and yse case of cryptocurrencies. We know how it help everyone. We know without cryptos we might still in fiat system maybe we will not discover to send money through online. I think crypto bank will replace traditional bank once the world change.

[Galley]

the possibility could be like that because if banks do not want to develop it will make banks switch to cryptocurrency and of course that development will make traditional banks more depressed because if they do not change then they will lose all their customers.

Well , I think It makes sense, If traditional banks didn't improve to accept and adopt crypto technology, I think they will lose their customers.
Maybe not all, but almost all customers, because digital era will come soon.

Until the new digital era begins, more than a dozen years will pass. Nobody will give up traditional banks. Of course, they will gradually adopt new technologies based on the blockchain, but no one wants to give up centralized control, governments will not agree to this.

[Gyrgen]

I think these are the pink dreams of sugary boys in ties. Cryptobanks will not absorb traditional ones in 3 or 10 years, and in the current legal situation, it is impossible to provide a repayment of a loan in a crypt. Cryptobanks will simply go bankrupt.

[elbans89]

Until the new digital era begins, more than a dozen years will pass. Nobody will give up traditional banks. Of course, they will gradually adopt new technologies based on the blockchain, but no one wants to give up centralized control, governments will not agree to this.

Crypto currency cannot be controlled. I agree with you government won't agree with this
So, I don't believe crypto banks will replace traditional banks.
It seems impossible..

[Alcor]

The measure of legalization and the conditions for the circulation of cryptocurrency in any state will be determined by this state. The adoption of cryptocurrency by a significant part of the population of the country will mean practically nothing significant and will not affect the operation of the banking system, especially state-owned banks. If somehow there will be an impact of cryptocurrency on the banking system, states may consider this a threat to the security of their global financial system and then sanctions will fall on the cryptocurrency up to its prohibition. Don't be confused about this.

[gunhell16]

It is still unlikely that crypto banks will replace traditional banks because in this day and age fiat is still important, it will take a while before it happens if it happens. Then, why is there a need to change when they can be used at the same time?

After all, this is what is happening right now, it can be used at the same time, like making a p2p transaction, whether it's a deposit or withdrawal.

[Jaephoenix]

Its an emphatic no. I don't believe crypto adoption would be this big to disrupt traditional bank adoption by the mainstream. I think and know that they would exist side by side, each supplementing each other

[therozaq]

Its an emphatic no. I don't believe crypto adoption would be this big to disrupt traditional bank adoption by the mainstream. I think and know that they would exist side by side, each supplementing each other

For the next few years, I think it won't be happen.
Crypto won't replace traditional bank.
But at the coming future, anything will happen.
When digital comes and  crypto dominate there.

[Fenix]

Its an emphatic no. I don't believe crypto adoption would be this big to disrupt traditional bank adoption by the mainstream. I think and know that they would exist side by side, each supplementing each other

For the next few years, I think it won't be happen.
Crypto won't replace traditional bank.
But at the coming future, anything will happen.
When digital comes and  crypto dominate there.

The existing banking system is part of the state system of power and therefore is under the full protection of the state. Can cryptocurrency, crypto banks compete with the state, and even more so with the global state system? Of course not.
States allow the circulation of cryptocurrency on their territory, but will not actively support it. Any serious changes in the financial sector are possible only with the consent and certain actions of the representative bodies of state power. Cryptocurrency can enter our lives more actively, but for this it is necessary that, in parallel with it, the state system of power also changes in the appropriate direction.

[Afony]

Of course, it is difficult to compete with state-owned banks, especially with a cryptocurrency that has not yet entered our lives so much. Maybe it will happen sometime, but it will work together with the banking system.

[yohananaomi]

Of course, it is difficult to compete with state-owned banks, especially with a cryptocurrency that has not yet entered our lives so much. Maybe it will happen sometime, but it will work together with the banking system.

however, it will be impossible and difficult to compete with banks managed by the state, because banks have facilities that are provided in accordance with regulations made by the state. I agree with you, maybe if there is cooperation that exists, it can be done, but first, crypto must be accepted by the state because we know that there are still many countries that do not accept crypto payments.
but if crypto banks are to replace traditional banks, it seems that this will not be possible and difficult to realize because there are still many people who need traditional banks until now.

[Speaker]

you don't need to compete with banks-you need to coexist with them, it's very important to understand