It seems like the bank/crypto situation today is quite similar to the news paper/internet situation in the 90s and early 2000s. The established institutions believed so much in their old system that they forgot that the main problem a publisher solved, was distribution of media, not the media creation itself. This is why the internet was a great challenge for banks. Similarly, cryptocurrencies replace the purpose of a bank. While the situations aren't equal, I believe banks today show the same mentality and resistant of change, as publishers did back then. If we are to assume the future based on the past, it makes sense that some banks will adapt cryptocurrency, similar to how some publishers started making online newspapers. In the end online newspapers ended up as very essential, yet still hard to profit from. Maybe that implies that cryptocurrencies will win and banks will follow, but the banking industry won't be as profitable as it is today?
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Sure they will not be raking in billions of profits at the expense of the public little wonder why most of they pay billions of fines in lawsuites bcos of their frauds. With Crypto, power goes back to the people meaning less servitude and to raise funds with genuine intentions, crowdfunding is coming up through ICO's although many dubious folks are taking advantage of this option as I highlighted in my ICO post. Thanks for the comment