I feel like the basic premise is right – there is clearly a lack of regard for the threat posed by the potential for disruptive innovation... AND there is clear

I feel like the basic premise is right – there is clearly a lack of regard for the threat posed by the potential for disruptive innovation... AND there is clearly a lack of regard for consumers and merchants (both are users of banking products, of course and both are essential for banks to continue). If not a completely radical solution like Bitcoins, even some low-margin, relatively more secure solution seems to be more of a question of "when", not "if". I'm excited to see what happens, personally...