So I am thinking about how many crypto fans suggest fiat money and banks are a thing of the past.

I don’t think fiat money or banks can go away unless all their functionality can be replaced by crypto and do at least as well.

With finances, it’s more about preventing the bad over getting the good. As long as crypto introduces a big problem, there’s no way it becomes the primary financial tool.

In fairness, I am making some assumptions here, so maybe my view of finance is very wrong. I welcome any alternative opinions.