Crypto will make Banks less attractive in near future .

[Ghozrd]

If I have a large amount of funds at the bank, I am thinking of queuing up and bringing too much money. When crypto was introduced to everyone, I preferred this transaction, there was no long queue. Waiting in other places and confused looking for loans. already present with all the ease. there will be an online loan transaction using crypto that can be exchanged with fiat. and this will make it easier for everyone to transact

[Domithra]

This trend has already began as people who know much about crypto do not patronize the banking services as much as the ignorant ones. Cryptocurrency will cause a major disruption in the banking system because crypto will offer the people the freedom and absolute control over their transactions. Here, transactions are made easier without third party interruptions, with much speed, much security, and at low transaction costs.

[Cutter Cute]

Many people are busy and there is no time to do other activities besides being in the office and on vacation, while all facilities have been offered by crypto, many suspect the bank will close, but the bank feels rivaled by the presence of crypto and as I see, crypto bank has there is to make it easier for everyone to transact

[Majaz]

It is true, if viewed from the investment side. But if viewed from the side of savings or savings, banks are still needed by traders. In my opinion crypto and banks can still be matched.

[laughingburger]

I am sure if crypto is able to survive bank attractiveness will definitely be affected but we cannot really say will it be good or bad. Crypto survival can make people see more carefully on making investment and in the long run more people might come in crypto market or stay away from it but go into bank managing their portfolio.

[DAMKAR]

Yes, i think things have changed over the years, and the enthusiasm about digital coins is much stronger today.
Most people tend to view Crypto this way, as they are desperate to take a step away from the banks, which are becoming more and more powerful, while they can do whatever they want with everyone's money. Meanwhile, Bitcoin/Altcoins provides people with the ability to own their own funds, and do with them what they want while keeping their privacy.
Again, Crypto is actually seen as a better asset to invest in, as it is a private market, which cannot be controlled by governments or banks. Further, many Crypto are capped, and there can only be a certain amount of most of them, ever.
I have come to a conclusion, though its my opinion, that people are simply looking for a way to get their money out of the bank and be free to do what they want with it. Banks introduced limits and control, which is something that people are simply not comfortable with.
Now, do you think that Banks may be less attractive or may be completely obsolete in the near future? Your thoughts.

Yes I think crypto  will make banks less attractive in near future,  because  crypto  is very potential  and very profitable

[Leny]

For investment purposes, crypto is the right reference. Because the benefits of crypto investment can go up with considerable value. While banking is more suitable as a safer storage area. If made for investment purposes, the bank is less attractive because the results are small.

[UNIVERSE]

Crypt may be able to change the prospect and thought of the banking system.
However, I'm still doubtful if the bank will be less attractive in the near future. Because we still really need the banking system in our daily activities and cash out.

[bayiajaib]

Yes, i think things have changed over the years, and the enthusiasm about digital coins is much stronger today.
Most people tend to view Crypto this way, as they are desperate to take a step away from the banks, which are becoming more and more powerful, while they can do whatever they want with everyone's money. Meanwhile, Bitcoin/Altcoins provides people with the ability to own their own funds, and do with them what they want while keeping their privacy.
Again, Crypto is actually seen as a better asset to invest in, as it is a private market, which cannot be controlled by governments or banks. Further, many Crypto are capped, and there can only be a certain amount of most of them, ever.
I have come to a conclusion, though its my opinion, that people are simply looking for a way to get their money out of the bank and be free to do what they want with it. Banks introduced limits and control, which is something that people are simply not comfortable with.
Now, do you think that Banks may be less attractive or may be completely obsolete in the near future? Your thoughts.

Yes,  I think the reason why bank and government  against  cryptocurrency.  because crypto  will make bank less attractive

[Alcor]

It is unlikely that banks will lose something noticeably due to the fact that people will start massively switching to the use of cryptocurrency. They will lose some of their customers, but they will provide other services such as exchanging cryptocurrency for fiat and this will bring them additional profit. In general, banks will continue to exist in their normal mode.

[LogiC]

It is unlikely that banks will lose something noticeably due to the fact that people will start massively switching to the use of cryptocurrency. They will lose some of their customers, but they will provide other services such as exchanging cryptocurrency for fiat and this will bring them additional profit. In general, banks will continue to exist in their normal mode.

Lose some of the customer? I think the safest to keep you're money is still from bank. I like crypto but no offense  if you preferred your fiat money turn into crypto then be my guess. Not every aspect in life can accept crypto like services. I kniw how convenient for transaction is crypto. But the fact that it isn't centralized still some people will not accept it.

[Jereh]

Yes of course.
The reason why most bank customers are still stuck with banks is because they have no other alternative means of saving or transacting using money.
So I believe banks will be less attractive once cryptocurrency attains mainstream adoption.

[diygirl]

~snip~ So I believe banks will be less attractive once cryptocurrency attains mainstream adoption.

I don't think so. Even if crypto has been adopted massively, people still need fiat or real money as well. I think crypto adoption should not kill the banks or make it less attractive. The banks will be always needed as their crucial functions in a country.

[Prime]

I don't think so. Banks still hold the best ways to make financial systems in some countries. Probably it may happen to some certain countries, but mostly not. We will still need to use bank systems in order to cash out and also use as daily utility.

[MUGNIA]

I think in the future the Bank will also use the blockchain system so that it will not be left behind by technological advances,
but if the bank will be forgotten I don't think it's possible because we need to make fiat money a bank account to transact