half the world does not have banks accounts.
This is why crypto, direct via mobile phones, is spreading so fast in these countries.
The half of the world that don’t have bank accounts will never get involved in crypto either. They don’t have mobiles, they don’t have $#%^. Meanwhile my statement holds as true. The other half of the world WILL STILL have bank accounts. WILL STILL take out loans. WILL STILL do EVERYTHING that’s why banks exists. Banks didn’t spring up out of whole cloth, banks happened because how humans use money needed banks. Coin money, paper money, EFT money. Doesn’t matter. Crypto will not change that.