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> But do you have any examples of this having ever happened?

Yes, there are whole Wikipedia lists of this having ever happened.

https://en.wikipedia.org/wiki/Interbank_network

This is no rocket science. I mean, even utilities grids in open markets work like this, for stuff like power and even gas. Nowadays even railway networks in Europe are decoupled from operators. Why do people still cling to old monopoly tales?

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Because there is a huge infrastructure dependent on old money continuing. They own the financial, the judicial, the media, and the educational institutions, and they insure no other viable alternatives to the mainstream economy they control is even taught as a viable alternative.

Demand for power and gas—or banking services—doesn’t scale by orders of magnitude every few years.

The FTTH networks in Scandinavia are more than 20 years old now. The UK fiber plans were abandoned what, 30 years ago? Demand for bandwidth grows faster, yes, but it's not like you can't lay a larger pipe to begin with...

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