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I think the notion of banking won't go away, but today's concept of a bank will: no more physical locations, ATMs, wire-transfers that cost $30, etc. Maybe open

by QML 9y ago

I think the notion of banking won't go away, but today's concept of a bank will: no more physical locations, ATMs, wire-transfers that cost $30, etc. Maybe opening an account will be as easy as getting an email address (at least for the user anyways).

simias 9y ago
That I can see happening but the trend started independently of cryptocurrencies. You can already find many "fiat" banks who operate purely on the net, without any public-facing physical locations. Cryptocurrencies might speed this up a bit but it already happening regardless.