Traditional banks in the crypto economy of future

[smart_oa]

I think the traditional banking system will be overwhelmed by the new crypto projects and all those stable coins. Anyone can make billions of dollars transactions through crypto with few dollars but is that possible with a traditional bank? I do not think so. Crypto is the future and even banks will also integrate with it.

[Vx1]

All will function in their respective fields, cannot be equated and will not kill each other. Traditional banks will not serve Cryptocurrency because it is not possible, traditional banks will still serve savings and loans, savings and fiat money payments. 
It is true that if one day this Cryptocurrency really controls the world financial system, then traditional banks will not function a little, but when will that happen?

[Cinno3]

Traditional banks have spread all over the world. If cryptocurrency transactions are possible in traditional banks, then any country will be able to improve further. Cryptocurrency users live in almost every country in the world. So I think traditional banks will play a role in improving bitcoin.

[Senin]

I think the traditional banking system will be overwhelmed by the new crypto projects and all those stable coins. Anyone can make billions of dollars transactions through crypto with few dollars but is that possible with a traditional bank? I do not think so. Crypto is the future and even banks will also integrate with it.

Traditional banks have existed for a very long time and will continue to exist as long as states with different political and economic interests exist in our world. Banks are part of the state system and are under their protection. Therefore, the banks are not in danger.
For now, governments and their central banks will issue national digitized currencies that they will use to counterbalance decentralized cryptocurrencies.

[bigcash2011]

Traditional banks are also working in the background to fully accept cryptocurrencies especialy in European and crypto friendly countries, once this happens we will see crypto mass adoption will speed up.

[Lanirex]

If this Cryptocurrency continues to increase and its use is evenly distributed across all levels of society, then traditional banks will have no function and will eventually die and disappear.  Bank is related to Banknotes, whereas Cryptocurrency is digital money that does not need a traditional bank.

[Arkann]

If this Cryptocurrency continues to increase and its use is evenly distributed across all levels of society, then traditional banks will have no function and will eventually die and disappear.  Bank is related to Banknotes, whereas Cryptocurrency is digital money that does not need a traditional bank.

for this period, banks themselves are interested in cashless payments with each client, regardless of where and for what the person pays. Banknotes have long been out of circulation and are not in such massive demand as they used to be. Based on this, banks can provide the same services to their clients who use cryptocurrencies, as for fiat currencies.

[@chison]

I still believe there will be a synergy between traditional Bank and cryptocurrency. This is so because cryptocurrency will not completely topple traditional banking because government will always want to get involved.

[GREENch85]

I'm not sure that Facebook's Diem is a long-awaited coin. Now many corporations that became successful during the Dot-com bubble are actively investing in cryptocurrencies, thereby actively bringing the moment of its universal recognition closer.

[Noverteno]

If this Cryptocurrency continues to increase and its use is evenly distributed across all levels of society, then traditional banks will have no function and will eventually die and disappear.  Bank is related to Banknotes, whereas Cryptocurrency is digital money that does not need a traditional bank.

for this period, banks themselves are interested in cashless payments with each client, regardless of where and for what the person pays. Banknotes have long been out of circulation and are not in such massive demand as they used to be. Based on this, banks can provide the same services to their clients who use cryptocurrencies, as for fiat currencies.

I disagree with such statements. Banks are part of the state system of government and therefore they will not bend over to cryptocurrency. Banks will provide services in cryptocurrency only if it is financially beneficial to them.
We know that governments and banks are absolutely positive about blockchain technology and therefore will release their digitalized currencies of the central banks of the states in order to speed up, simplify and reduce the cost of using their non-cash money. However, they are most likely to be used as a counterweight to decentralized cryptocurrency as a means of payment. We will soon be able to see this in practice.

[zilzylian]

When everything is decentralized, there must be a safeguard that can keep users' funds safe.
Banks and governments are very supportive of the development of technology and systems that cryptocurrency has, but I still doubt if they will run a truly decentralized system, because banks and governments have most of the funds they don't want to disclose in public, I support all policies that are carried out The government and I want the bank to survive in the crypto era to be able to support and store some digital coins as future assets

[Quart]

We will not know about the future. But looking at the current condition, the bank system, financial system, and also most industries may be changing to digitalize. Even the traditional will always still exist moreover they're centralized, but the transactions and also type of money used may be changing into digital money, But it doesn't mean to be cryptocurrency.

[Delgboke]

The traditional banking system are not actually made to fade or dies off because there are people in the world, instead the bank itself are trying to copy what the Blockchain industry is bringing into.The cryptocurrency need the traditional bank in order to transact so the both two are goog in data, the bank and the cryptocurrency are important to the cryptocurrency.because of depositing  and buying crypto.

[Crypto Guard]

With the existence of traditional banks that now support the existence of crypto by making their own coins, this shows that crypto is indeed an investment worth fighting for.

[Bit]

A traditional bank will be always backed by the government or event the big private companies.
For the banks that can conform the situation to the recent era, they will survive and will conform to the technology system. But for those that don't want to follow the development, they may be left behind. Moreover, there is a cryptocurrency that may become a challenge in the future