Outrageous fees: are you sure we're talking about BitCoin, here?

Financial services M-F 9-5: while you generally need to go into a bank to set up an account, that's not always the case. Afterwards, most banking can be via direct deposit, mobile cameras for check deposits, ATMs, and web services.

People who don't have access to banks -- Kenya appears to have solved this without blockchains.

"Millenials largely prefer to invest their money into cryptocurrencies over traditional assets" -- do you have statistics on this?