Interesting post, but you've gone a bit overboard with the hyperbole re: banks don't you think? A bank defaulting on depositors is extremely rare, whereas quite a few crypto exchanges have either defaulted or come very close to it. Anyway, I think we can all agree that crypto is the future and the future is going to be very exciting!
Also, you might find this small piece I wrote on the past interesting ...
In the country where I was born (and currently life, at least 10 months per year), Romania, that is, we did have a few banks defaulting, so that's my personal experience. It also happened on a larger scale in Cyprus, recently, if I'm not mistaken.
Correct!