There’s a big difference between bank branches closing down and banks ceasing to exist. My bank has closed many branches in the last couple of years. But the bank still exists, and my debit card still gets me stuff. They could pull their physical presence out of Tucson entirely and it wouldn’t effect me. I don’t use the physical buildings. Most people don’t. Part of money becoming electronic, means so are banks.
Sure there is a difference. Until enough close that their stocks fail. Never forget the fine line that stock can have towards failure or not. And it can happen in just days.
This is the worry...