It's going to take a while, but I sincerely hope that at least the amount of power the banks hold will decline. Will they go away, completely? I sincerely doubt it... there will always be those to cling to the way of the past, and will make motions to bring it back.
What has long been a concern for me is that the banks will be aware that they are losing ground, so they'll start to "cloud the issue" by all becoming tokenized and presenting themselves to the greater world "being with the times" because they now have their own (Centralized) tokens and they will offer those to their customers on the pretext that they no offer cryptocurrency, and said customers can "get involved in crypto, but with the safety of a bank."
You and I won't buy that fairy tale, but a lot of people will.
=^..^=
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