I agree, but I think it will just be a transfer from one intermediary to another. Banks can become extinct, but replacing it are the exchanges that still take fees. For NFTs, we already see markets like NFTMart. Overall, I think it is still a good thing since the fees aren't as high as the traditional ones. If one is getting too big and controlling, another service can just be set up and offer competition.
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It depends upon what kind of exchange and who owns it.
But yes the crypto industry did a great job of simply replicating the traditional system.