With banking becoming a very one-sided relationship, I wonder what sort of alternatives could arise? There’s next to no interest paid to depositors now, combined with fees there is no gain for depositors as it stands. Actually charging interest on deposits will drive out a lot of depositors. Some sort of account will be required for paying bills, it can’t all be cash. I don’t see people paying for money orders to pay bills. Something akin to cash cards probably, with the cost subsidized via ad revenue? I don’t know, but lower and middle income people won’t be willing to absorb being charged for bank deposits.
This is the disaster QE has foisted on the country.
It will be a simple mark in the form of a microchip that you take on your hand or forehead, whichever is most convenient to you.